S&P Global has awarded its first-ever credit rating to a DeFi protocol, assigning Sky Protocol a B-minus (Stable Outlook) โ a landmark shift toward institutional-level trust in DeFi.CointelegraphCoinDesk
โ Key Risk Flags Raised:
The rating reflects serious concerns:
High depositor concentration
Centralized governance (Rune Christensen, the founder, holds ~9% of tokens with low voter engagement)
Weak capitalization with a risk-adjusted capital ratio around 0.4%
Regulatory uncertainty and exposure to volatile assets like Ethenaโs USDe
CointelegraphAInvestDL News
โ Operational Strengths Noted:
Despite risks, S&P acknowledged:
Minimal credit losses since 2020
Audited smart contracts
A diversified liquidity pool including fiat-backed stablecoins and tokenized funds
๐ฆ Institutional Commentary:
Jonathan Manley, Global Head of Market Outreach at S&P, called the rating โa significant milestone in the evolution of decentralized finance.
๐ฅ DeFi Community Speaks:
Rune Christensen (Sky Co-founder) praised the process, noting the chance to challenge conventional counterparty risk models and underscore DeFi-specific risks like smart contract, oracle, and bridge risks.
๐ฏ What Lies Ahead:
The โStable Outlookโ signals steady statusโbut upgrades are possible if Sky decentralizes governance, boosts capital buffers, and reduces depositor concentration over the next year.
From August 14, 11:00โ13:00 UTC, Binance Wallet hosted an exclusive Reveel (REVA) Pre-Token Generation Event, allowing users to deposit up to 3 BNB for a share of 20 million REVA (2% of total supply) at just $0.01 per token. Oversubscription applied, with unused BNB refunded upon allocation. Subscribed tokens are locked until official circulation begins Binance.
๐ Booster Program Live:
Immediately after Pre-TGE, the Booster Program kicked offโusers completing platform-designated tasks can earn rewards from 40 million REVA (4% supply), also under lock-up Binance.
๐ Alpha Points Raised:
Binance upgraded the engagement bar โ participants now require at least 224 Alpha Points (with 10 points deducted per entry) to join the Pre-TGE and Booster activities, ensuring serious and committed involvement .
๐ The crypto world is on ๐ฅ as speculation grows about a potential Ethereum Spot ETF approval in the U.S. ๐บ๐ธ
๐ฌ Key Voices:
Donald Trump recently signaled strong support for crypto adoption, calling it the โfuture of finance.โ ๐ฆ
Jerome Powell (Fed Chair) hinted at โmaintaining flexibilityโ in monetary policy, which crypto bulls see as a green light for risk assets like ETH. ๐ต
๐ ETH is currently holding strong above $2,300, with traders eyeing a breakout toward $2,600+ if ETF optimism continues.
โก Big Players Move: Institutions and whales are reportedly accumulating ETH quietly in anticipation. ๐
๐ Royal Takeaway: If the ETF is approved, ETH could enter a golden eraโmass adoption, institutional flow, and higher legitimacy in global finance. โจ
U.S. Producer Price Index (PPI) surged +0.9% MoM in Julyโthe biggest jump since mid-2022โfar exceeding expectations of +0.2%. Core PPI also spiked, reinforcing that inflation is increasingly entrenched.
The PPI data triggered a swift reaction: Bitcoin and Ethereum slid, with BTC slipping below the $118K level amid renewed rate-cut uncertainty.
Fed tightening aheadโno room for early cuts
Markets sharply scaled back expectations for September rate cuts. The odds of a -50 bp cut dropped dramatically; now there's around a 93% chance of only a -25 bp cut.Nasdaq+1
President Trump pushed back against inflation fears, bluntly telling reporters:
โHardly any inflation at all. 401(k)s and the stock are soaring.โ
His remarks aim to revive optimism about rate cuts and crypto enthusiasm.
Powell stays hawkishโno goodbye to rates yet
Fed Chair Jerome Powell asserted that interest rates will stay elevated until heโs confident inflation is decisively cooling, signaling there's no rush to ease.
BTC has slipped below $117K, trading near $117,700, as over $800 million in long positions were liquidated in one massive wave.
Macro cues fueling market unease
Hot inflation readings (e.g., PPI) have dampened expectations for Fed rate cuts. This triggered a sharp 7% BTC drop and nearly $930 million in position liquidations.
Exchanges seeing large inflows โ a selling signal?
On-chain data shows a big movementโ16,800 BTC transferred to exchanges in mid-August, a classic red flag hinting at potential sell-side activity.
Altcoins feeling the heat too
โ Solana (SOL): ETF approval delayed to mid-October by the SEC, while $70 million in recent SOL liquidations ripple through the market.
โ ASR: Suffered an extreme plungeโ825% down in 24 hours, highlighting how fragile sentiment is amid turbulence.
Big picture: volatility may present opportunity
Despite volatility and short-term pain, long-term holders are still winningโTRX holders up 150% since 2024 lows, proving that strategic patience can pay off.
๐งจ ONLY $100 CAN TURN INTO $1,000,000 โ HERE'S HOW
๐ April 2025 | #CryptoBreakout #MillionaireMindset
๐ก Imagine this:
You invest just $100 todayโdivided among five top-tier altcoinsโand by 2030, you could be looking at a $1,000,000 portfolio. Sounds ambitious? Itโs not just possible; it's a strategy that has worked for early crypto adopters.โ
๐ฅ WHY THESE COINS?
Kaspa (KAS): A high-speed, scalable blockchain with a unique consensus mechanism.
Injective (INJ): A decentralized exchange protocol with zero gas fees and cross-chain capabilities.
Arbitrum (ARB): A leading Layer 2 solution for Ethereum, enhancing scalability and reducing costs.
Render (RNDR): A decentralized GPU rendering network, powering the metaverse and AI applications.
Pepe (PEPE): A meme coin with a strong community and potential for viral growth.โ
๐ HOW TO INVEST:
Allocate $20 to each coin.
Hold until 2030.
Reap the rewards as these projects mature and gain adoption.
โ ๏ธ DONโT MISS OUT:
The crypto market is volatile, but with calculated investments in promising projects, the potential for significant returns is real. This is your chance to get in early.โ
Fibonacci Levels: Retracement to 61.8% at $0.1700 is a golden buy opportunity.
๐ฅ Why Buy ATA Now? Automata Networkโs privacy-focused Web3 solutions are gaining traction. Coupled with increased volume, ATA shows strong potential for a bullish rally.
โก Price Prediction: ATA is positioned to test $0.2400 in the coming weeks if momentum sustains.
๐ฅ $STEEM : THE NEXT BIG CRYPTO OPPORTUNITY! ๐ฅ
๐ CURRENT PRICE: $0.2967 (UP 9.49% TODAY ๐จ) ๐ RIDE THE BULL RUN NOW!
๐ WHY OUR PREDICTIONS ARE RELIABLE: ๐ Weโve used advanced charting strategies to analyze STEEM/USDTโs future potential:
โ Support & Resistance Levels: STEEM/USDT has recently broken through key resistance levels and is now heading toward the next resistance at $0.30โ$0.35. With momentum on its side, this could be a prime time to join the bullish trend!
โ Fibonacci Retracement: The coin is currently above key Fibonacci levels, suggesting strong bullish momentum. This signals that STEEM/USDT is on track for further upward movement in the short and long term.
โ Moving Averages (MA): STEEM/USDT has recently surpassed key moving averages, confirming the strength of the uptrend. Long-term investors and traders are accumulating at these levels, setting the stage for more price growth.
โ RSI (Relative Strength Index): The RSI shows strong bullish momentum, indicating that the price could continue to rise as buying pressure remains high.
๐ WHY OUR PREDICTIONS ARE RELIABLE: ๐ Weโve used advanced charting strategies to analyze SYN/USDTโs future potential:
โ Support & Resistance Levels: SYN/USDT has recently broken through key resistance levels and is now heading toward the next resistance at $0.70โ$0.80. With momentum on its side, this could be a prime time to join the bullish trend!
โ Fibonacci Retracement: The coin is currently above key Fibonacci levels, suggesting strong bullish momentum. This signals that SYN/USDT is on track for further upward movement in the short and long term.
โ Moving Averages (MA): SYN/USDT has recently surpassed key moving averages, confirming the strength of the uptrend. Long-term investors and traders are accumulating at these levels, setting the stage for more price growth.
โ RSI (Relative Strength Index): The RSI shows strong bullish momentum, indicating that the price could continue to rise as buying pressure remains high.
๐ฅ $DEXE : THE NEXT BIG CRYPTO OPPORTUNITY! ๐ฅ
๐ CURRENT PRICE: $14.36 (UP 12.19% TODAY ๐จ)
๐ RIDE THE BULL RUN NOW!
๐ WHY OUR PREDICTIONS ARE RELIABLE: ๐ Weโve used advanced charting strategies to analyze DEXE/USDTโs future potential:
โ Support & Resistance Levels: DEXE/USDT has recently broken through key resistance levels and is now heading toward the next resistance at $15.00โ$16.00. With momentum on its side, this could be a prime time to join the bullish trend! ๐
โ Fibonacci Retracement: The coin is currently above key Fibonacci levels, suggesting strong bullish momentum. This signals that DEXE/USDT is on track for further upward movement in the short and long term. ๐
โ Moving Averages (MA): DEXE/USDT has recently surpassed key moving averages, confirming the strength of the uptrend. Long-term investors and traders are accumulating at these levels, setting the stage for more price growth. ๐
โ RSI (Relative Strength Index): The RSI shows strong bullish momentum, indicating that the price could continue to rise as buying pressure remains high. ๐ก
โ DEXEโs Market Leadership: DEXE is firmly establishing itself as a leading token with increasing adoption across multiple blockchain ecosystems. ๐
โ Positive Market Sentiment: With growing investor confidence and technical indicators pointing toward sustained growth, DEXE/USDT is poised for significant upward movement. โก
โก DONโT MISS THIS OPPORTUNITY! โก ๐ Prices are on the riseโthis is YOUR chance to get in while the momentum is strong!
๐ก SIMPLE STEPS TO SUCCESS: ๐น Buy DEXE/USDT at $14.36 NOW. ๐น Hold Tight for the Boom. ๐น Let the Market Work for You!
โณ Our Proven Chart Strategy Shows: The Best Time to BUY is NOW!
๐ Invest Smart. Act Fast. Profit Big
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