• Orange Financial is launching a multi-chain yield farming treasury on February 1st, 2023.
• This treasury will enable NFT holders to receive real-yield rewards through USDC.
• The Treasury will participate in a variety of yield farming opportunities to provide the best returns for its holders.

Orange Financial, a multi-chain yield farming treasury, is set to revolutionize the world of yield farming and NFTs with its public launch on February 1st, 2023. This innovative project will enable NFT holders to receive real-yield rewards through USDC, instead of using a native token or fixed-rate interest. Through its unique approach, Orange Financial has created a basket of DeFi assets and yield farming opportunities to provide the best returns for its holders.

The Treasury takes care of all the compounding and harvesting of yield farming opportunities on behalf of its holders and routes the returns back through USDC, making it a convenient and secure choice for hands-off diversification. As the only NFT project to offer stablecoin rewards through yield farming, Orange Financial’s approach is a game changer for the industry. The treasury participates in a wide range of yield farming opportunities, such as liquidity mining, staking, and asset management, to provide the best returns for its holders.

In addition to its diversified DeFi Treasury, Orange Financial is also Polygon native, allowing users to access the project and its rewards directly from the Polygon network. This makes Orange Financial one of the most accessible and user-friendly yield farming projects for NFT holders. The team also plans to expand its reach to other networks such as Binance Smart Chain and Ethereum, as well as launch additional yield farming opportunities over the coming months.

The Orange Financial treasury will be a great addition to the NFT and yield farming space, providing users with a secure and reliable way to receive real-yield rewards. With its public launch just around the corner, Orange Financial is sure to be a hit with yield farmers and NFT holders alike.

•BNB price has surged by more than 26% from the lowest point in December.
•Binance has seen over $7.5 billion in outflows in the past 30 days.
•Inflows have risen by over $1.2 billion in the past 7 days.

The past month has been a volatile one for the cryptocurrency market. Binance Coin (BNB), the native token for the world’s largest crypto exchange, has seen its price skyrocket by more than 26% from its lowest point back in December. The coin rose to $280 on Wednesday, which was the highest point since December 13.

The surge in BNB’s price was a result of the rebound in Binance’s inflows. Data published by DeFi Llama shows that investors have withdrawn over $7.35 billion from the exchange in the past 30 days. However, recently, with cryptocurrency prices rising, inflows have started to increase. In the past 7 days, investors have added over $1.2 billion to the exchange.

The rise in inflows is a sign that investors are becoming more confident in the Binance exchange. This is despite a few challenges that the exchange is currently facing. Binance is an opaque company that has no headquarters and is not regulated. Furthermore, the company is being investigated in the US. And earlier this week, it was reported that regulators were questioning hedge funds with exposure to Binance.

In spite of these issues, Binance has continued to make headlines due to its innovative products and services. The exchange has recently launched several new products and services, including its decentralized exchange (DEX), margin trading, and futures trading. Binance has also been making strides in the DeFi space, launching its own Binance DEX and Binance Chain.

It is clear that Binance is here to stay, and the recent rebound in inflows is a sign that investors are becoming more confident in the exchange. As more investors flock to the exchange, it is likely that BNB’s price could continue to rise in the coming weeks and months.

• NFT sales rose 26% in the first week of 2023
• Ethereum accounted for the most NFT sales, while Bored Ape Yacht Club dominated among collections
• BNB Chain saw the largest jump in sales, with a 71% spike

The start of 2023 has seen an uptick in the Non-Fungible Token (NFT) market as trading volume rises across major blockchains. According to data from Cryptoslam.io, NFT sales increased by 26% in the first week of the year. This indicates a positive outlook for the growing NFT industry.

Ethereum was the most popular blockchain for NFT sales with a total of $164 million out of the $209 million in transactions. BNB Chain saw the highest growth with a 71% spike in sales, followed by Theta at 70% growth and Solana at 28.8%. Bored Ape Yacht Club was the most successful NFT collection with $19,052,102 in sales and a 53% increase in trading volume during the same period.

The rise in NFT sales is a promising sign for the wider crypto industry, which has begun the year on an encouraging note with Cardano, Solana and Ziliqa all posting notable rallies. The NFT market size is expected to continue its growth in the coming years and the first week of 2023 has shown that the sector is on a positive trajectory.

The Cryptoslam.io data also showed that 400,740 buyers were involved in the 1.2 million NFT transactions taking place over the week. This shows that there is high interest in the NFT market from both investors and collectors. With more innovative NFTs being created every day, the potential for growth in the sector is undeniable.

Overall, the first week of 2023 has been encouraging for the NFT market. Ethereum remains the most popular blockchain for NFTs, while BNB Chain and Theta have both seen impressive growth over the same period. The success of Bored Ape Yacht Club has also highlighted the potential of NFT collections as a viable investment opportunity. With more and more buyers entering the market, the future of the NFT industry looks brighter than ever.

• MyEtherWallet’s CEO believes that blockchain technology should be used to build decentralised products.
• According to the CEO, creating centralised products defeats the purpose of using blockchain technology.
• MyEtherWallet remains one of the oldest noncustodial wallets in the Ethereum ecosystem.

The CEO of the popular cryptocurrency wallet, MyEtherWallet, Kosala Hemachandra, recently spoke about the importance of using blockchain for decentralised purposes. He believes that creating centralised products defeats the purpose of using blockchain technology.

MyEtherWallet has been around since the launch of the Ethereum network. It has been one of the oldest non-custodial wallets in the Ethereum ecosystem. It provides users with the ability to control their own funds, without having to trust a third-party. This is why the company has been able to maintain its position as a decentralised wallet for the past few years.

The CEO further explained that blockchain technology should be used for decentralised purposes only. He said that centralised products are not the right way to utilise the technology. He also highlighted the importance of self-custody, which has been gaining traction in the cryptocurrency space since the collapse of the FTX crypto exchange two months ago.

He also clarified that MyEtherWallet has no plans to do an airdrop yet. The company wants to focus on providing users with a secure and decentralised wallet. This is why they are continuously introducing new features that can help users secure their funds.

At the end of the interview, Hemachandra concluded by mentioning the importance of decentralisation. He believes that decentralisation is the future of blockchain and cryptocurrency technology. He said that decentralisation is the only way to make sure that the technology can reach its full potential.

• The Bitcoin price has been in a consolidation phase in the past few weeks, and the upcoming US Non-Farm Payrolls (NFP) data is expected to be a key catalyst.
• Economists surveyed by Reuters expect that the US economy added more than 200k jobs in December while the unemployment rate remained at 3.7%.
• The average hourly earnings are expected to have risen by 5.0% while the participation rate is expected to have remained at 62.1%.

The Bitcoin price has been in a tight range in the past few months, with BTC/USD remaining between last month’s low of about 16,285 and a high of 18,455. The digital currency has dropped by more than 22% from its highest level in November, and the next key catalyst for the BTC price will be the upcoming American jobs data.

The US will shortly be publishing the latest non-farm payrolls (NFP) data, and analysts are expecting strong jobs numbers. Economists surveyed by Reuters believe that the economy added more than 200k jobs in December, while the unemployment rate remained at 3.7%. If these expectations are accurate, it would mean that the US economy added millions of jobs in the year 2022.

The data is also expected to show that the country’s wages held steady in December, with the average hourly earnings rising by 5.0% and the participation rate remaining at 62.1%. This data will come a day after ADP published strong jobs numbers, showing that the US economy added 235k jobs in December.

These jobs numbers have a significant impact on the Bitcoin price, as they tend to influence the Federal Reserve. The central bank has a dual mandate to ensure that inflation and unemployment rate are steady. If inflation is rising, the Fed tends to hike interest rates, and this is exactly what happened in the year 2022 when it increased rates by 450 basis points.

The NFP payrolls data is expected to be a key catalyst for the Bitcoin price, and investors will be closely watching the figures when they are released. Strong jobs numbers could be bearish for BTC, while weaker numbers could be seen as an opportunity for the digital currency to rebound.