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Showing posts with the label outlook

ATOM price outlook after Cosmos Hub’s upgrade for liquid staking

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Cosmos Hub’s Liquid Staking Module just went live, bringing new utility to ATOM. ATOM price has jumped 3% in the past 24 hours after seeing a slight increase on Wednesday. Cosmos Hub, the interchain service provider of the Cosmos Network and blockchain platform powered by the native token ATOM, had a major upgrade this week. This is after the platform’s Liquid Staking Module went live on September 12, adding to ATOM’s utility within the DeFi ecosystem. Cosmos Hub’s liquid staking model is now live With Cosmos Hub’s upgrade and unlocking of the Liquid Staking Module, ATOM holders have fresh access to new yield opportunities. LSM means tgose with ATOM can now liquid-stake already staked ATOM tokens without havig to wait for the 21-day unbonding period to elapse. The v12 upgrade is successfully completed ⚛️ The Liquid Staking Module is live on the Cosmos Hub! With LSM the Hub unlocks new dynamics within the ATOM Ec...

Institutional investors’ long-term outlook on crypto is confident, Binance Research shows

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A recent survey conducted by Binance Research and Binance VIP & Institutional provides insights into the thoughts and preferences of institutional investors in the cryptocurrency market. The Institutional Crypto Outlook Survey gathered responses from 208 Binance institutional clients and VIP users, offering information about their attitudes, preferences, adoption, and motivations regarding cryptocurrency investments. Find all the details of the survey here ️https://t.co/MepebgEUTI — Binance (@binance) June 30, 2023 The survey reveals that 63.5% of respondents are optimistic about the crypto market in the next 12 months. Additionally, 88.0% have a positive outlook for the next decade, indicating their long-term confidence in crypto. Regarding portfolio allocation, 47.1% of institutional investors maintained their crypto holdings over the past year, while 35.6% increased their allocation. Looking ahead, 50% of respondents plan to increase their allocation in the next 12 m...