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Share link:In this post: ETH might struggle to reach $10k by 2030 if L2 networks continue to get most of the revenue. VanEck research projects that Ethereum might need to adjust its roadmap to address L2 value extraction. ETH is up 9% in the past seven days even as it underperforms compared to major L1 tokens.
Share link:In this post: Inflation in the U.S. has dropped, but history shows it can easily surge again, just like in the 1970s. Key factors like rising wages, government debt, and oil supply issues could fuel inflation’s return. The surge in gold prices suggests that inflation may be far from over and a recession could hit the U.S. economy again soon.
- 14:20Report: The United States is the Main Source of Cryptocurrency Scams and Failed ProjectsOn November 29, 5Money and Storible conducted a study on 1,544 global cryptocurrency projects from January 2022 to October 2024. The data shows that the United States accounted for as much as 43% of crypto scams, while China and the UK each accounted for 8% and 7%, respectively. In terms of the number of failed projects, the United States also topped the list with a share of 33%. The number of failed projects in China (7.63%), UK (7.22%), South Korea, and Singapore all exceeded 6%, ranking high in the survey results.
- 14:19Hydration launches a decentralized lending platform on PolkadotAccording to financefeeds, Hydration has announced the launch of a decentralized lending platform called Hydration Money Market. The new platform allows users to provide cryptocurrency as collateral, earn deposit interest, and borrow various crypto assets. The platform is built on the Polkadot blockchain, emphasizing the efficiency and innovation of the decentralized finance (DeFi) ecosystem. Hydration has introduced on-chain priority liquidation aimed at minimizing losses and preventing exploitation during liquidation events.
- 13:48AAVE breaks through 200 dollarsBitget market data shows that AAVE has broken through $200, currently reported at $200.04, with a 24-hour decline of 2.05%.
