• Yield App, a digital wealth platform, has acquired Trofi Group, a platform that offers structured solutions for cryptocurrencies.
• The acquisition adds four new structured products to the Yiled App product suite.
• The team at Trofi Group boasts of 30 years experience in derivatives desks at JP Morgan and HSBC.

Yield App, a leading digital wealth platform, has recently acquired Trofi Group, a platform that specializes in providing structured solutions for cryptocurrencies. The acquisition adds four new structured products to the Yiled App product suite, giving users more options and flexibility when it comes to managing their digital assets.

The team at Trofi Group brings a wealth of experience in derivatives desks at JP Morgan and HSBC. Their knowledge and expertise in the crypto-structured products arena will help Yield App to bridge the gap between traditional finance and the crypto world. With the addition of Trofi Group, Yield App will now be able to provide its customers with a range of market-leading products that offer higher yields and more secure custody of digital assets.

The CEO of Yield App, Tim Frost, has commented on the acquisition, saying: “The acquisition of Trofi Group establishes Yield App as a pioneer within the crypto-structured products arena, making us one of only a few platforms to bridge the gap between traditional finance and crypto. We are grateful to the team at Trofi for trusting us to continue their excellent work in bringing enhanced yield structured products to crypto. We look forward to leveraging their experience and technology to provide our customers with the best possible user experience.”

The acquisition of Trofi Group is a major step forward for Yield App and the digital wealth space in general. It gives users a broader range of products to choose from, and the knowledge and expertise of the Trofi team will be invaluable in helping Yield App to further improve its product suite. With this acquisition, Yield App is well positioned to become one of the leading digital wealth platforms in the world.

• SSV Network launched a $50 million ecosystem growth fund to grow its liquid staking infrastructure.
• Liquid staking has seen strong growth due to the upcoming Ethereum Shanghai upgrade.
• Lido DAO is the biggest liquid staking provider in the world and SSV’s token has grown by 91% this year.

SSV Network has been making waves in the blockchain industry in the past year. The company has launched a $50 million ecosystem growth fund to help grow its liquid staking infrastructure. Liquid staking has been seeing strong growth in recent times due to the upcoming Ethereum Shanghai upgrade. This has allowed many companies to benefit from the new technology and more investors have been entering the space.

Lido DAO has emerged as the biggest liquid staking provider in the world. The company has seen its tokens grow by over 91% this year, making it one of the most successful projects in the space. SSV Network has followed a similar trajectory, launching its own $50 million fund to accelerate the growth of its liquid staking infrastructure.

The fund will be used to support developers working on the distributed validator technology (DVT) solution. SSV Network has already allocated a $3 million fund and $10 million in 2022 to projects like Ankr, Stader, and Moonstake.

The company is also looking to expand its reach to other areas of the blockchain industry, such as DeFi and NFTs. It is already working on partnerships with leading companies in the space to expand its reach.

This move is a testament to the company’s commitment to the industry and its commitment to providing the best technology for liquid staking. With the fund in place, SSV Network is well positioned to continue its growth and become a leading provider of the technology in the coming years.

• AGIX price has surged by over 200% from its lowest point in 2022.
• SingularityNET is a blockchain project that seeks to incorporate concepts on artificial general intelligence (AGI).
• Some of the most important achievements made by SingularityNet in 2022 were its AI model training and the initiation of decentralised portfolio management protocol.

The digital asset AGIX has seen its price defy gravity in the past few days, surging by over 200% from its lowest point in 2022. The token, which is part of SingularityNET’s blockchain project, is now trading at its highest point since October 14. The coin has seen its market cap surge to more than $115 million.

SingularityNET is a blockchain project that seeks to incorporate concepts on artificial general intelligence (AGI) that is not dependent on any central entity. It is built on top of Cardano’s blockchain and its top partners include Ocean Protocol, Cisco and Binance Connect. Its ecosystem has been constantly growing and it now includes projects in industries like DeFi, gaming, arts and enterprise AI, among others.

The most important achievements made by SingularityNet in 2022 were its AI model training and the initiation of decentralised portfolio management protocol. SingularityDAO, a decentralised portfolio management protocol, was designed to enable anyone to safely and easily manage their crypto assets. Nunet, on the other hand, builds infrastructure providing distributed computing and storage for decentralised networks. Additionally, the platform has also launched other projects like Rejuve, Sophia Verse, Awakening Health and Jam Galaxy, among others.

It is clear that SingularityNET’s token is gaining traction among investors, which is why its price is increasing. With an ever-growing ecosystem and a strong team of developers, there is no doubt that the project will continue to grow and bring more success in the future.

• Bitcoin price has been in a tight range in the past few months, between last month’s low of about 16,285 and a high of 18,455.
• The next key catalyst for the BTC price will be the upcoming US non-farm payrolls data. Economists surveyed by Reuters expect the economy to have added more than 200k jobs and the unemployment rate to remain at 3.7%.
• If the numbers are accurate, it means that the economy added millions of jobs in 2022 and wages held steady in December.

The past few months have seen Bitcoin price remain in a consolidation phase. BTC/USD has been trading between last month’s low of about 16,285 and a high of 18,455. This represents a drop of more than 22% from the highest level in November. The next key catalyst that could influence the Bitcoin price is the upcoming US non-farm payrolls (NFP) data.

Economists surveyed by Reuters believe that the US economy added more than 200k jobs to the workforce while the unemployment rate held steady at 3.7%. If this is accurate, it means that the economy added millions of jobs in 2022. Furthermore, the data is also expected to show that wages held steady in December, with the average hourly earnings rising by 5.0%. The participation rate is also expected to remain at 62.1%.

These numbers come a day after ADP published strong jobs numbers, showing that the US economy added 235k jobs. It is important to note that the US Federal Reserve has a dual mandate to ensure the inflation rate and unemployment rate remain steady. In 2022, the bank hiked rates by 450 basis points. The non-farm payrolls data will therefore come as a key indicator of the economic health of the US.

If the numbers are strong, it could signal a strong economy and could be bearish for Bitcoin. Investors could move away from BTC and into other more profitable assets such as stocks. On the other hand, if the numbers are weak, it could be bullish for Bitcoin. Investors could move into the safe haven asset in an effort to protect their investments from a weak economy.

Overall, the upcoming US non-farm payrolls data will be a key indicator of the economic health of the US and will have a direct impact on the Bitcoin price. It is therefore important for investors to keep an eye on this data in order to make informed investment decisions.

• A good trading desk setup helps to counter the stress of trading and increase the chances of success.
• Essential requirements for creating the ideal trading desk setup include an adjustable trading desk, comfortable chair, multiple monitors, keyboard, and mouse.
• Features such as ergonomics, quality, and price are important factors when choosing the right setup for you.

Creating the ideal trading desk setup is essential for day traders to manage and grow their portfolio. Comfortability is key when it comes to trading, and having the perfect setup helps to counter the stress of trading and increase the chances of success. When it comes to choosing the right setup for you, there are a few essential requirements to consider.

The first requirement is having an adjustable trading desk. A regular desk and a stock trading desk setup are two different things. Trading desks are designed to meet the specific needs of individual traders, such as the number and total weight of screen displays, the size and layout of the office, colour and aesthetics, as well as post-sale maintenance services and warranties. When looking for a trading desk, important features to consider include ergonomics, quality, and price.

The second requirement is having a comfortable chair. Sitting in an unfit chair for long periods can lead to back and neck pain, which can be very detrimental when trading. Therefore, it’s important to find a chair that is adjustable and fits your body perfectly. Look for features such as adjustable armrests, lumbar support, and adjustable height.

The third requirement is having multiple monitors. Multiple monitors allow you to view more information at once, making it easier for you to make decisions quickly. When looking for monitors, consider features such as size, resolution, refresh rate, and price.

The fourth requirement is having a keyboard and mouse. Investing in a good quality keyboard and mouse can help you to be more efficient and precise when trading. Look for features such as ergonomics, durability, and price.

Finally, you need to find the right setup for your needs. Investing in the right setup will help you to be comfortable and focused when trading, which is essential for managing and growing your portfolio. Consider factors such as ergonomics, quality, and price when looking for the best setup for you.

Creating the ideal trading desk setup is essential for day traders to manage and grow their portfolio. With the right setup, you will be able to counter the stress of trading and increase the chances of success. Consider the essential requirements mentioned above when creating the perfect trading desk setup for you.

• Ethereum (ETH/USD) is trading at its crucial resistance zone of $1,250 after recovering 3% on Wednesday.
• Ethereum network surpassed Bitcoin in transaction volumes in 2022
• Technical outlook shows ETH trading on a short-term trendline initiated from the $1,100 bottom.

The cryptocurrency market has been on a rollercoaster ride since the beginning of 2021, and Ethereum (ETH/USD) has been no exception. After crashing below the $1,250 resistance in mid-December, Ethereum has been slowly making its way back up. On Wednesday, Ethereum was hovering around the $1,250 resistance after recovering 3%. Although bulls are eagerly waiting for a breakout above this level, it is still too early to judge how far the price can surge.

Despite the volatile nature of Ethereum in 2020, the cryptocurrency was able to make a name for itself. According to data from Ycharts and Nasdaq, Ethereum was able to surpass Bitcoin in transaction volumes last year. Ethereum witnessed 408.5 million transactions, far surpassing Bitcoin’s 93.1 million. This surge in transactions can be largely attributed to Non-Fungible Token (NFT) launches.

As of January 2, 2021, Ethereum’s transaction volumes are still rising. Data from Bitinfocharts shows that Ethereum has hit 924,614 transactions, whereas Bitcoin has only reached 229,191. Technical analysis of the chart also shows that Ethereum is trading on a short-term trendline initiated from the $1,100 bottom. Although the buy side volumes are still not very significant, they have improved over the past few days.

Investors eager to make a move in the Ethereum market should wait for a bullish confirmation before buying. A breakout of the $1,250 resistance can provide the much-needed momentum needed to propel the cryptocurrency higher.

• Indonesia is planning to launch a national cryptocurrency exchange in 2023.
• The government will transfer regulatory powers over such assets to the Financial Services Authority soon.
• Indonesia’s central bank is also working on launching its own digital currency (CBDC).

The Indonesian government has announced that it will be launching a national cryptocurrency exchange before the end of the year. This move is intended to bring more regulatory clarity to the country’s cryptocurrency sector, as the Financial Services Authority (FSA) will be taking over the regulatory powers over such assets from the Commodity Futures Trading Regulatory Agency (Bappebti). The central bank of Indonesia is also currently in the process of developing its own central bank digital currency (CBDC).

The news of the upcoming cryptocurrency exchange was revealed in a recent report by Bloomberg. According to the report, the government aims to establish the exchange before it transfers the regulatory powers to the FSA. The acting head of Bappebti, Didid Noordiatmoko, has stated that the FSA will be given the regulatory authority over the assets in the next two years.

The launch of the national cryptocurrency exchange is a significant step for the crypto industry in Indonesia. Currently, crypto assets are traded alongside commodity contracts and regulated by Bappebti. With the upcoming exchange, investors and traders will be able to access a more secure trading platform with better protections in place. Additionally, the FSA will be able to ensure that the exchange is compliant with local financial regulations.

The Indonesian central bank is also working on launching its own CBDC. This is part of the country’s broader financial sector reform, which includes the launch of the national cryptocurrency exchange. With the CBDC, the bank aims to improve financial inclusion and efficiency. The CBDC will also help the bank to monitor and reduce the risk of money laundering and financial fraud.

Overall, the launch of the national cryptocurrency exchange and the development of the CBDC will have a positive impact on the crypto industry in Indonesia. The exchange will provide investors and traders with a secure platform to trade on, and the CBDC will help to further improve the country’s financial sector. In the near future, we can expect to see more progress in this area as the government continues to work on its financial sector reform.

• Court filings accused Bahamas officials of asking Bankman-Fried to mint new tokens and transfer them to officials
• The Securities Commission of the Bahamas (SCB) has fired back against claims tokens under its control were stolen
• The whole ordeal has implicated many people connected to FTX as well as the Bahamas regulator

The cryptocurrency world was rocked late last year when FTX, one of the most popular cryptocurrency exchanges, suddenly collapsed. In the wake of the collapse, a series of startling revelations have come to light, including the allegation that Bahamas government officials asked Bankman-Fried, the disgraced CEO of FTX, to mint new digital assets worth “hundreds of millions of dollars” and transfer them to government officials.

The report, which was published by Bloomberg, also outlines that Bahamas officials worked to help Bankman-Fried regain access to essential computer systems on the FTX platform. The officials were reportedly “responsible for directing unauthorised access” to the systems in order to take control of some of the digital assets that were on the platform.

In response to these allegations, the Securities Commission of the Bahamas (SCB) has fired back, denying the allegations and stating that no tokens under its control were stolen. The SCB also stated that it had launched an investigation into the allegations, but that it had no evidence to support the claims.

The whole ordeal has implicated many people connected to FTX, as well as the Bahamas regulator. While it is difficult to know what allegations are true, it is clear that anybody remotely connected to FTX is coming out badly.

The collapse of FTX has had a ripple effect throughout the cryptocurrency industry, with investors, traders and exchanges all feeling the impact of the debacle. The Bahamas government has also come under fire for its alleged involvement in the affair, with many calling for a thorough investigation into the matter.

The repercussions of this affair are still being felt throughout the crypto community, and the outcome of the investigation into the Bahamas government’s alleged involvement is still uncertain. What is certain, however, is that FTX’s spectacular collapse has left many people in the industry reeling, and has raised serious questions about the security and regulation of the cryptocurrency market.

• The Bahamas Commission instructed Sam Bankman-Fried to transfer funds held in a single digital wallet at Fireblocks to debtors (FTX Trading Ltd. and affiliates).
• The funds transferred were worth just under 200 million FTT and around 1,938 ether.
• The FTX Debtors have informed the Bahamas Commission that no entity was authorized to take the crypto and are seeking the return of the seized funds.

The Bahamas Commission recently made a move which has caused a stir in the cryptocurrency world. The Commission instructed Sam Bankman-Fried to transfer funds held in a single digital wallet at Fireblocks to the FTX debtors (FTX Trading Ltd. and affiliates). The funds that were transferred were worth just under 200 million FTT and around 1,938 ether.

The Commission admitted to arranging these transfers, and the digital assets of the debtors were transferred without their authorization. At the time of the transfer, the value of the crypto in this Fireblocks wallet was just under $300 million at spot prices according to etherscan.io, if one assumes the whole amount of FTT could be sold at spot prices then. However, this value had dropped to around $167 million on December 30.

Due to the large amount of FTT, it is unlikely that it will be sold at spot prices, if at all. The FTX Debtors have informed the Bahamas Commission that no entity was authorized to take the crypto and are seeking the return of the seized funds.

There are still questions as to why the Commission made the move to transfer the funds without consulting the debtors and whether or not the funds will be returned. The situation has caused a lot of debate within the cryptocurrency community, as this type of situation is unprecedented.

The Commission has yet to comment on the situation, but it is likely that the debtors will be able to get their funds back. It is also possible that the Commission will take measures to ensure that this type of situation does not happen again in the future.

At this time, it is unclear what the outcome of this situation will be. However, it is important to remember that the Commission’s actions were taken in good faith and were meant to protect the debtors‘ funds. It is also important to note that the Bahamas Commission is highly regulated and is committed to protecting investors and the integrity of the cryptocurrency market.

•Cryptocurrency prices dropped in the final week of the year, with Bitcoin reaching a low of $16,485.
•Mirror Protocol (MIR) spiked to a high of $0.24, which was 173% above the lowest level this year.
•Serum (SRM) dropped to a low of $0.018, which was the lowest in the past 30 days.

The final week of the year was a tumultuous one for the crypto markets. Investor sentiment was hit hard by fears of a global recession, combined with rising interest rates. As a result, many of the top cryptocurrencies suffered significant losses. Bitcoin, the largest cryptocurrency by market cap, dropped to a low of $16,485 before recovering slightly. Ethereum, XRP, and Cardano also experienced declines, with the latter dropping to its lowest level since September.

Mirror Protocol (MIR) was one of the few coins to buck the trend in the past week. The dead cryptocurrency spiked to a high of $0.24, which was 173% above its lowest level this year. This was likely due to its connection to the Terra Protocol and the Terra USD stablecoin. Its price has since fallen back to $0.14, but is still above the 25-day and 50-day moving averages.

Serum (SRM), another dead cryptocurrency, was one of the worst-performing coins in the past week. It dropped to a low of $0.018, which was the lowest in the past 30 days. This is likely due to the coin’s lack of utility, as it was designed for use in a decentralized derivatives exchange that has since been abandoned. The coin has now pulled back to $0.022, but its RSI is still below the neutral point of 50.

Overall, the crypto markets experienced a difficult week as investor sentiment was hit hard by fears of a global recession and rising interest rates. While some coins, such as Mirror Protocol, managed to buck the trend, most suffered significant losses. It remains to be seen if the markets will recover in the coming weeks.