Liquidity bets have soared overnight, mainly as investors bet on the growth of decentralized bets on goods that are rumoured to be subject to restrictions abroad.
According to CoinGecko statistics, the liquidity betting industry jumped to an average of 5.4 per cent, while the total market capitalization of the wider login password fell 3.4 per cent.
On Thursday, the tokens of Lido, the market leader, jumped to 9%, then fell. The RPL of the rocket pool and the SD OTP of Stader have increased by 10% in the past 24 hours.
Liquidity bet refers to the acquisition of alternative medical ether suitable for decentralized financial industry (Defi) through betting on medical ether. The main uses range from using this token as collateral for loans or stock financing to making a profit.
CoinbaseCEO Bobby Armstrong tweeted that he had heard rumors that the Foreign Securities and Exchange Commission (SEC) expects investors to be banned from making digital currency bets, WJB reported on Thursday.
According to a report by STAKED, a provider of unmanaged betting services, the net asset value of bets in the fourth quarter of 2022 was about $42 billion, with an annualised rate of return of $3 billion. This figure is not limited to investors.
The famous trader in Crypto Twitter assumes that there is a net inflow of such money into Defi alternatives such as Lido and Stader, which may explain the immediate surge in the price of tokens.
Such rumors will allow investors to withdraw their bets on the ether block chain before the expected update of Beijing's ether next month-since the ether cannot be withdrawn or traded at will at this stage.
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Tue, 18 Apr 2023