The yield on Japanese two-year government bonds rose to 1%, while the yield on 20-year bonds increased by 3 basis points to 2.855%.

The post The Future of Ethereum is Not in Memecoins, But in “Low-Risk” DeFi: Vitalik Buterin ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp Ethereum co-founder Vitalik Buterin has stated that the future of the second-largest blockchain network is not in “passing trends” like Non Fungible Tokens (NFTs) or meme coins, but in low-risk solutions like Decentralized Finance (DeFi). He gave these comments in an essay titled “Low-risk defi can be for Ethereum what search was for Google”.  DeFi Can do the Same Wonders for Ethereum that Search Did for Google-Buterin The essay’s title itself is a fascinating insight into Buterin’s plans for the future, as Google’s search engine is among the biggest success stories in the history of tech. It basically redefined the online experience and played a big role in the digital age.  However, the analogy may not be perfect in the case of Ethereum, as Google started as a search engine, and all the other revolutionary tech applications spawned from it. Ethereum, on the other hand, is a programmable ledger that has developed numerous solutions over the years, DeFi being one of them. Other examples include Decentralized Autonomous Organizations (DAOs), memecoins, NFTs, and others.  Buterin discussed the role of each facet of Ethereum’s application in a broader context. He wrote: “One of the important tensions in the Ethereum community for a long time has been the tension between (i) applications that bring in enough revenue to economically sustain the ecosystem, whether that means sustaining the value of ETH or supporting individual projects and (ii) applications that satisfy the underlying goals that brought people into Ethereum.” Advertisement &nbsp He lists DeFi as an application that can fall under both sections and uplift the blockchain for the future.  “Low-risk defi, with a goal of achieving global democratized access to payments and savings in valuable asset categories (eg. major currencies with competitive interest rates, stocks, bonds”, he wrote. He…

The post What Happens to Bitcoin If US Bond Yields Soar Above 5%? appeared on BitcoinEthereumNews.com. Bitcoin (BTC) has been among the best-performing assets amid

The post ‘Clarity once and for all’ – White House reviews SEC’s new crypto framework appeared on BitcoinEthereumNews.com. The U.S. Securities and Exchange Commission