Gate Blog: Your Source for Crypto News, Insights & Analysis

Daily News | Fed Decision Looms as Bitcoin Remained Stable Amid Negative Funding Rates, Frax Ends Algorithmic Stablecoin ExperimentationStock market rally fails amid economic risks and rising Treasury yields. Federal Reserve decision and upcoming events to determine global financial markets_ revival or derailment. Bitcoin and Ether continued to trade within a tight range, while Frax ends experimentation with algorithmic stablecoins, opting to back FEI with USD equivalents.

Gate.io Researcher: Peter L.2023/03/07

Daily News | Crypto and Equity Prices Recover After Jan FOMC Meeting, Frax Finance Boosts Stability with Fully Collateralized StablecoinThe January FOMC meeting minutes caused initial declines in both crypto and stocks, but prices recovered. NY Fed_s John Williams emphasized balancing supply and demand for 2% inflation. Meanwhile, Frax Finance collateralized FRX stablecoin at 100%, boosting stability.

Gate.io Researcher: Peter L.2023/02/23

Daily Flash | Aave, Compound Proposed To Change Interest Rate Models To Mitigate Risk For ETH Lending, Frax Finance Launches Lending Market, 3AC Withdraw $45MDaily Crypto Industry Insights and TA Outlook | Buzzes of Yesterday - Ethereum Bellatrix Upgrade Launched Successfully, Lending Protocols are acting to protect themselves from ETH holders that are borrowing more ETH in hopes of earning extra from dumping powETH after the merge, Frax Finance announces Fraxlend

Gate.io Researcher: Peter L.2022/09/07