Börsprogram för dig som vill bli ännu rikare > Senaste nytt > DeFi

All posts tagged: DeFi

Tokenization Reigns Supreme in Q3 While Ethereum Rivals Pivot into Becoming ETH Scaling Solutions

2023-10-06 Erik Forsell Okategoriserad No comments yet

Macro conditions remained uncertain in Q3 as the Fed raised interest rates 25 bps in July but skipped a rate hike in September, leaving the door open for future rate hikes. As a result, the 10-Year Treasury Bond Yield hit 4.79%, a figure not seen since 2007. The move up in bond yields suggest that investors are anticipating higher interest rates for longer. On the EU front, stagnation worries have climbed – that is, disappointing growth and persistently high inflation. However, there were some positive signs for the EU economy in September, particularly in the UK, where inflation unexpectedly hit the lowest level in a year. With uncertain macroeconomic conditions, investors avoid riskier ventures and look for “safe” assets, causing a repricing to the downside of risk assets including crypto assets. For instance, the S&P 500 earning yield forward estimate is 5.23%, while the 3-Month Treasury rate is higher at 5.62% with not nearly the same level of risk.

Macro conditions remained uncertain in Q3 as the Fed raised interest rates 25 bps in July but skipped a rate hike in September, leaving the door open […]

Read more