This strategic collaboration<\/a> reflects the ongoing trend of established financial institutions strengthening their presence in the digital asset sector. As the cryptocurrency industry continues intertwining with traditional investment services<\/a>, institutions like Deutsche Bank, HSBC, and Franklin Templeton recently ventured into various aspects of the crypto space, including custody, tokenization, and Bitcoin ETFs.<\/p>\n\n\n\n Staking<\/a> is a mechanism where individuals lock up their crypto assets for a specified period to contribute to the smooth functioning of a blockchain network. In return for their participation, they receive additional cryptocurrency as a reward. <\/p>\n\n\n\n Some of the most popular cryptocurrencies that employ staking as a crucial component of their consensus mechanisms include Solana (SOL) and Ethereum (ETH). In these networks, staking is pivotal in creating a functional ecosystem. Generally, the larger the stake a validator holds, the higher their chances of adding new blocks to the blockchain and earning rewards.<\/p>\n","post_title":"German Financial Giants Enter Crypto Staking With Fully-Insured Offering","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"german-financial-giants-enter-crypto-staking-with-fully-insured-offering","to_ping":"","pinged":"","post_modified":"2023-09-19 22:31:05","post_modified_gmt":"2023-09-19 12:31:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13458","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
This strategic collaboration<\/a> reflects the ongoing trend of established financial institutions strengthening their presence in the digital asset sector. As the cryptocurrency industry continues intertwining with traditional investment services<\/a>, institutions like Deutsche Bank, HSBC, and Franklin Templeton recently ventured into various aspects of the crypto space, including custody, tokenization, and Bitcoin ETFs.<\/p>\n\n\n\n Staking<\/a> is a mechanism where individuals lock up their crypto assets for a specified period to contribute to the smooth functioning of a blockchain network. In return for their participation, they receive additional cryptocurrency as a reward. <\/p>\n\n\n\n Some of the most popular cryptocurrencies that employ staking as a crucial component of their consensus mechanisms include Solana (SOL) and Ethereum (ETH). In these networks, staking is pivotal in creating a functional ecosystem. Generally, the larger the stake a validator holds, the higher their chances of adding new blocks to the blockchain and earning rewards.<\/p>\n","post_title":"German Financial Giants Enter Crypto Staking With Fully-Insured Offering","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"german-financial-giants-enter-crypto-staking-with-fully-insured-offering","to_ping":"","pinged":"","post_modified":"2023-09-19 22:31:05","post_modified_gmt":"2023-09-19 12:31:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13458","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\"We have noticed an increasing interest from institutional investors in the staking sector, eagerly anticipating the chance to participate, provided they have complete confidence in the security of the environment.\"<\/em><\/p>\n\n\n\n This strategic collaboration<\/a> reflects the ongoing trend of established financial institutions strengthening their presence in the digital asset sector. As the cryptocurrency industry continues intertwining with traditional investment services<\/a>, institutions like Deutsche Bank, HSBC, and Franklin Templeton recently ventured into various aspects of the crypto space, including custody, tokenization, and Bitcoin ETFs.<\/p>\n\n\n\n Staking<\/a> is a mechanism where individuals lock up their crypto assets for a specified period to contribute to the smooth functioning of a blockchain network. In return for their participation, they receive additional cryptocurrency as a reward. <\/p>\n\n\n\n Some of the most popular cryptocurrencies that employ staking as a crucial component of their consensus mechanisms include Solana (SOL) and Ethereum (ETH). In these networks, staking is pivotal in creating a functional ecosystem. Generally, the larger the stake a validator holds, the higher their chances of adding new blocks to the blockchain and earning rewards.<\/p>\n","post_title":"German Financial Giants Enter Crypto Staking With Fully-Insured Offering","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"german-financial-giants-enter-crypto-staking-with-fully-insured-offering","to_ping":"","pinged":"","post_modified":"2023-09-19 22:31:05","post_modified_gmt":"2023-09-19 12:31:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13458","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Dr. Oliver Vins, the Managing Director of Boerse Stuttgart Digital remarked: \"We are delighted about the deepened partnership with Munich Re, one of the leading and highly regarded reinsurance providers, as it lays the groundwork for delivering a highly secure and insured staking solution to institutional investors across Europe.\"<\/em><\/p>\n\n\n\n \"We have noticed an increasing interest from institutional investors in the staking sector, eagerly anticipating the chance to participate, provided they have complete confidence in the security of the environment.\"<\/em><\/p>\n\n\n\n This strategic collaboration<\/a> reflects the ongoing trend of established financial institutions strengthening their presence in the digital asset sector. As the cryptocurrency industry continues intertwining with traditional investment services<\/a>, institutions like Deutsche Bank, HSBC, and Franklin Templeton recently ventured into various aspects of the crypto space, including custody, tokenization, and Bitcoin ETFs.<\/p>\n\n\n\n Staking<\/a> is a mechanism where individuals lock up their crypto assets for a specified period to contribute to the smooth functioning of a blockchain network. In return for their participation, they receive additional cryptocurrency as a reward. <\/p>\n\n\n\n Some of the most popular cryptocurrencies that employ staking as a crucial component of their consensus mechanisms include Solana (SOL) and Ethereum (ETH). In these networks, staking is pivotal in creating a functional ecosystem. Generally, the larger the stake a validator holds, the higher their chances of adding new blocks to the blockchain and earning rewards.<\/p>\n","post_title":"German Financial Giants Enter Crypto Staking With Fully-Insured Offering","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"german-financial-giants-enter-crypto-staking-with-fully-insured-offering","to_ping":"","pinged":"","post_modified":"2023-09-19 22:31:05","post_modified_gmt":"2023-09-19 12:31:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13458","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Boerse Stuttgart Digital is a subsidiary of the Boerse Stuttgart Group, one of Europe's largest stock exchange groups, ranking as the sixth-largest in the region. Earlier this year, the company secured a digital asset custody license from the German financial regulator, BaFin, through its subsidiary, Blocknox GmbH.<\/p>\n\n\n\n Dr. Oliver Vins, the Managing Director of Boerse Stuttgart Digital remarked: \"We are delighted about the deepened partnership with Munich Re, one of the leading and highly regarded reinsurance providers, as it lays the groundwork for delivering a highly secure and insured staking solution to institutional investors across Europe.\"<\/em><\/p>\n\n\n\n \"We have noticed an increasing interest from institutional investors in the staking sector, eagerly anticipating the chance to participate, provided they have complete confidence in the security of the environment.\"<\/em><\/p>\n\n\n\n This strategic collaboration<\/a> reflects the ongoing trend of established financial institutions strengthening their presence in the digital asset sector. As the cryptocurrency industry continues intertwining with traditional investment services<\/a>, institutions like Deutsche Bank, HSBC, and Franklin Templeton recently ventured into various aspects of the crypto space, including custody, tokenization, and Bitcoin ETFs.<\/p>\n\n\n\n Staking<\/a> is a mechanism where individuals lock up their crypto assets for a specified period to contribute to the smooth functioning of a blockchain network. In return for their participation, they receive additional cryptocurrency as a reward. <\/p>\n\n\n\n Some of the most popular cryptocurrencies that employ staking as a crucial component of their consensus mechanisms include Solana (SOL) and Ethereum (ETH). In these networks, staking is pivotal in creating a functional ecosystem. Generally, the larger the stake a validator holds, the higher their chances of adding new blocks to the blockchain and earning rewards.<\/p>\n","post_title":"German Financial Giants Enter Crypto Staking With Fully-Insured Offering","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"german-financial-giants-enter-crypto-staking-with-fully-insured-offering","to_ping":"","pinged":"","post_modified":"2023-09-19 22:31:05","post_modified_gmt":"2023-09-19 12:31:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13458","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Slashing refers to the penalization of validators who violate network rules or engage in malicious activities, often resulting in the suspension or loss of staked tokens.<\/p>\n\n\n\n Boerse Stuttgart Digital is a subsidiary of the Boerse Stuttgart Group, one of Europe's largest stock exchange groups, ranking as the sixth-largest in the region. Earlier this year, the company secured a digital asset custody license from the German financial regulator, BaFin, through its subsidiary, Blocknox GmbH.<\/p>\n\n\n\n Dr. Oliver Vins, the Managing Director of Boerse Stuttgart Digital remarked: \"We are delighted about the deepened partnership with Munich Re, one of the leading and highly regarded reinsurance providers, as it lays the groundwork for delivering a highly secure and insured staking solution to institutional investors across Europe.\"<\/em><\/p>\n\n\n\n \"We have noticed an increasing interest from institutional investors in the staking sector, eagerly anticipating the chance to participate, provided they have complete confidence in the security of the environment.\"<\/em><\/p>\n\n\n\n This strategic collaboration<\/a> reflects the ongoing trend of established financial institutions strengthening their presence in the digital asset sector. As the cryptocurrency industry continues intertwining with traditional investment services<\/a>, institutions like Deutsche Bank, HSBC, and Franklin Templeton recently ventured into various aspects of the crypto space, including custody, tokenization, and Bitcoin ETFs.<\/p>\n\n\n\n Staking<\/a> is a mechanism where individuals lock up their crypto assets for a specified period to contribute to the smooth functioning of a blockchain network. In return for their participation, they receive additional cryptocurrency as a reward. <\/p>\n\n\n\n Some of the most popular cryptocurrencies that employ staking as a crucial component of their consensus mechanisms include Solana (SOL) and Ethereum (ETH). In these networks, staking is pivotal in creating a functional ecosystem. Generally, the larger the stake a validator holds, the higher their chances of adding new blocks to the blockchain and earning rewards.<\/p>\n","post_title":"German Financial Giants Enter Crypto Staking With Fully-Insured Offering","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"german-financial-giants-enter-crypto-staking-with-fully-insured-offering","to_ping":"","pinged":"","post_modified":"2023-09-19 22:31:05","post_modified_gmt":"2023-09-19 12:31:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13458","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
To enhance the safety and attractiveness of its staking service, Boerse Stuttgart Digital has partnered with Munich Re, a global reinsurance company. Together, they have devised an insurance product designed to mitigate the risks associated with slashing in proof-of-stake blockchains.<\/p>\n\n\n\n Slashing refers to the penalization of validators who violate network rules or engage in malicious activities, often resulting in the suspension or loss of staked tokens.<\/p>\n\n\n\n Boerse Stuttgart Digital is a subsidiary of the Boerse Stuttgart Group, one of Europe's largest stock exchange groups, ranking as the sixth-largest in the region. Earlier this year, the company secured a digital asset custody license from the German financial regulator, BaFin, through its subsidiary, Blocknox GmbH.<\/p>\n\n\n\n Dr. Oliver Vins, the Managing Director of Boerse Stuttgart Digital remarked: \"We are delighted about the deepened partnership with Munich Re, one of the leading and highly regarded reinsurance providers, as it lays the groundwork for delivering a highly secure and insured staking solution to institutional investors across Europe.\"<\/em><\/p>\n\n\n\n \"We have noticed an increasing interest from institutional investors in the staking sector, eagerly anticipating the chance to participate, provided they have complete confidence in the security of the environment.\"<\/em><\/p>\n\n\n\n This strategic collaboration<\/a> reflects the ongoing trend of established financial institutions strengthening their presence in the digital asset sector. As the cryptocurrency industry continues intertwining with traditional investment services<\/a>, institutions like Deutsche Bank, HSBC, and Franklin Templeton recently ventured into various aspects of the crypto space, including custody, tokenization, and Bitcoin ETFs.<\/p>\n\n\n\n Staking<\/a> is a mechanism where individuals lock up their crypto assets for a specified period to contribute to the smooth functioning of a blockchain network. In return for their participation, they receive additional cryptocurrency as a reward. <\/p>\n\n\n\n Some of the most popular cryptocurrencies that employ staking as a crucial component of their consensus mechanisms include Solana (SOL) and Ethereum (ETH). In these networks, staking is pivotal in creating a functional ecosystem. Generally, the larger the stake a validator holds, the higher their chances of adding new blocks to the blockchain and earning rewards.<\/p>\n","post_title":"German Financial Giants Enter Crypto Staking With Fully-Insured Offering","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"german-financial-giants-enter-crypto-staking-with-fully-insured-offering","to_ping":"","pinged":"","post_modified":"2023-09-19 22:31:05","post_modified_gmt":"2023-09-19 12:31:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13458","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Boerse Stuttgart Digital, the German cryptocurrency-focused subsidiary of the Stuttgart Stock Exchange, is gearing up to introduce a fully insured cryptocurrency staking service in 2024. <\/p>\n\n\n\n To enhance the safety and attractiveness of its staking service, Boerse Stuttgart Digital has partnered with Munich Re, a global reinsurance company. Together, they have devised an insurance product designed to mitigate the risks associated with slashing in proof-of-stake blockchains.<\/p>\n\n\n\n Slashing refers to the penalization of validators who violate network rules or engage in malicious activities, often resulting in the suspension or loss of staked tokens.<\/p>\n\n\n\n Boerse Stuttgart Digital is a subsidiary of the Boerse Stuttgart Group, one of Europe's largest stock exchange groups, ranking as the sixth-largest in the region. Earlier this year, the company secured a digital asset custody license from the German financial regulator, BaFin, through its subsidiary, Blocknox GmbH.<\/p>\n\n\n\n Dr. Oliver Vins, the Managing Director of Boerse Stuttgart Digital remarked: \"We are delighted about the deepened partnership with Munich Re, one of the leading and highly regarded reinsurance providers, as it lays the groundwork for delivering a highly secure and insured staking solution to institutional investors across Europe.\"<\/em><\/p>\n\n\n\n \"We have noticed an increasing interest from institutional investors in the staking sector, eagerly anticipating the chance to participate, provided they have complete confidence in the security of the environment.\"<\/em><\/p>\n\n\n\n This strategic collaboration<\/a> reflects the ongoing trend of established financial institutions strengthening their presence in the digital asset sector. As the cryptocurrency industry continues intertwining with traditional investment services<\/a>, institutions like Deutsche Bank, HSBC, and Franklin Templeton recently ventured into various aspects of the crypto space, including custody, tokenization, and Bitcoin ETFs.<\/p>\n\n\n\n Staking<\/a> is a mechanism where individuals lock up their crypto assets for a specified period to contribute to the smooth functioning of a blockchain network. In return for their participation, they receive additional cryptocurrency as a reward. <\/p>\n\n\n\n Some of the most popular cryptocurrencies that employ staking as a crucial component of their consensus mechanisms include Solana (SOL) and Ethereum (ETH). In these networks, staking is pivotal in creating a functional ecosystem. Generally, the larger the stake a validator holds, the higher their chances of adding new blocks to the blockchain and earning rewards.<\/p>\n","post_title":"German Financial Giants Enter Crypto Staking With Fully-Insured Offering","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"german-financial-giants-enter-crypto-staking-with-fully-insured-offering","to_ping":"","pinged":"","post_modified":"2023-09-19 22:31:05","post_modified_gmt":"2023-09-19 12:31:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13458","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Boerse Stuttgart Digital, the German cryptocurrency-focused subsidiary of the Stuttgart Stock Exchange, is gearing up to introduce a fully insured cryptocurrency staking service in 2024. <\/p>\n\n\n\n To enhance the safety and attractiveness of its staking service, Boerse Stuttgart Digital has partnered with Munich Re, a global reinsurance company. Together, they have devised an insurance product designed to mitigate the risks associated with slashing in proof-of-stake blockchains.<\/p>\n\n\n\n Slashing refers to the penalization of validators who violate network rules or engage in malicious activities, often resulting in the suspension or loss of staked tokens.<\/p>\n\n\n\n Boerse Stuttgart Digital is a subsidiary of the Boerse Stuttgart Group, one of Europe's largest stock exchange groups, ranking as the sixth-largest in the region. Earlier this year, the company secured a digital asset custody license from the German financial regulator, BaFin, through its subsidiary, Blocknox GmbH.<\/p>\n\n\n\n Dr. Oliver Vins, the Managing Director of Boerse Stuttgart Digital remarked: \"We are delighted about the deepened partnership with Munich Re, one of the leading and highly regarded reinsurance providers, as it lays the groundwork for delivering a highly secure and insured staking solution to institutional investors across Europe.\"<\/em><\/p>\n\n\n\n \"We have noticed an increasing interest from institutional investors in the staking sector, eagerly anticipating the chance to participate, provided they have complete confidence in the security of the environment.\"<\/em><\/p>\n\n\n\n This strategic collaboration<\/a> reflects the ongoing trend of established financial institutions strengthening their presence in the digital asset sector. As the cryptocurrency industry continues intertwining with traditional investment services<\/a>, institutions like Deutsche Bank, HSBC, and Franklin Templeton recently ventured into various aspects of the crypto space, including custody, tokenization, and Bitcoin ETFs.<\/p>\n\n\n\n Staking<\/a> is a mechanism where individuals lock up their crypto assets for a specified period to contribute to the smooth functioning of a blockchain network. In return for their participation, they receive additional cryptocurrency as a reward. <\/p>\n\n\n\n Some of the most popular cryptocurrencies that employ staking as a crucial component of their consensus mechanisms include Solana (SOL) and Ethereum (ETH). In these networks, staking is pivotal in creating a functional ecosystem. Generally, the larger the stake a validator holds, the higher their chances of adding new blocks to the blockchain and earning rewards.<\/p>\n","post_title":"German Financial Giants Enter Crypto Staking With Fully-Insured Offering","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"german-financial-giants-enter-crypto-staking-with-fully-insured-offering","to_ping":"","pinged":"","post_modified":"2023-09-19 22:31:05","post_modified_gmt":"2023-09-19 12:31:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13458","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Boerse Stuttgart Digital, the German cryptocurrency-focused subsidiary of the Stuttgart Stock Exchange, is gearing up to introduce a fully insured cryptocurrency staking service in 2024. <\/p>\n\n\n\n To enhance the safety and attractiveness of its staking service, Boerse Stuttgart Digital has partnered with Munich Re, a global reinsurance company. Together, they have devised an insurance product designed to mitigate the risks associated with slashing in proof-of-stake blockchains.<\/p>\n\n\n\n Slashing refers to the penalization of validators who violate network rules or engage in malicious activities, often resulting in the suspension or loss of staked tokens.<\/p>\n\n\n\n Boerse Stuttgart Digital is a subsidiary of the Boerse Stuttgart Group, one of Europe's largest stock exchange groups, ranking as the sixth-largest in the region. Earlier this year, the company secured a digital asset custody license from the German financial regulator, BaFin, through its subsidiary, Blocknox GmbH.<\/p>\n\n\n\n Dr. Oliver Vins, the Managing Director of Boerse Stuttgart Digital remarked: \"We are delighted about the deepened partnership with Munich Re, one of the leading and highly regarded reinsurance providers, as it lays the groundwork for delivering a highly secure and insured staking solution to institutional investors across Europe.\"<\/em><\/p>\n\n\n\n \"We have noticed an increasing interest from institutional investors in the staking sector, eagerly anticipating the chance to participate, provided they have complete confidence in the security of the environment.\"<\/em><\/p>\n\n\n\n This strategic collaboration<\/a> reflects the ongoing trend of established financial institutions strengthening their presence in the digital asset sector. As the cryptocurrency industry continues intertwining with traditional investment services<\/a>, institutions like Deutsche Bank, HSBC, and Franklin Templeton recently ventured into various aspects of the crypto space, including custody, tokenization, and Bitcoin ETFs.<\/p>\n\n\n\n Staking<\/a> is a mechanism where individuals lock up their crypto assets for a specified period to contribute to the smooth functioning of a blockchain network. In return for their participation, they receive additional cryptocurrency as a reward. <\/p>\n\n\n\n Some of the most popular cryptocurrencies that employ staking as a crucial component of their consensus mechanisms include Solana (SOL) and Ethereum (ETH). In these networks, staking is pivotal in creating a functional ecosystem. Generally, the larger the stake a validator holds, the higher their chances of adding new blocks to the blockchain and earning rewards.<\/p>\n","post_title":"German Financial Giants Enter Crypto Staking With Fully-Insured Offering","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"german-financial-giants-enter-crypto-staking-with-fully-insured-offering","to_ping":"","pinged":"","post_modified":"2023-09-19 22:31:05","post_modified_gmt":"2023-09-19 12:31:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13458","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Boerse Stuttgart Digital, the German cryptocurrency-focused subsidiary of the Stuttgart Stock Exchange, is gearing up to introduce a fully insured cryptocurrency staking service in 2024. <\/p>\n\n\n\n To enhance the safety and attractiveness of its staking service, Boerse Stuttgart Digital has partnered with Munich Re, a global reinsurance company. Together, they have devised an insurance product designed to mitigate the risks associated with slashing in proof-of-stake blockchains.<\/p>\n\n\n\n Slashing refers to the penalization of validators who violate network rules or engage in malicious activities, often resulting in the suspension or loss of staked tokens.<\/p>\n\n\n\n Boerse Stuttgart Digital is a subsidiary of the Boerse Stuttgart Group, one of Europe's largest stock exchange groups, ranking as the sixth-largest in the region. Earlier this year, the company secured a digital asset custody license from the German financial regulator, BaFin, through its subsidiary, Blocknox GmbH.<\/p>\n\n\n\n Dr. Oliver Vins, the Managing Director of Boerse Stuttgart Digital remarked: \"We are delighted about the deepened partnership with Munich Re, one of the leading and highly regarded reinsurance providers, as it lays the groundwork for delivering a highly secure and insured staking solution to institutional investors across Europe.\"<\/em><\/p>\n\n\n\n \"We have noticed an increasing interest from institutional investors in the staking sector, eagerly anticipating the chance to participate, provided they have complete confidence in the security of the environment.\"<\/em><\/p>\n\n\n\n This strategic collaboration<\/a> reflects the ongoing trend of established financial institutions strengthening their presence in the digital asset sector. As the cryptocurrency industry continues intertwining with traditional investment services<\/a>, institutions like Deutsche Bank, HSBC, and Franklin Templeton recently ventured into various aspects of the crypto space, including custody, tokenization, and Bitcoin ETFs.<\/p>\n\n\n\n Staking<\/a> is a mechanism where individuals lock up their crypto assets for a specified period to contribute to the smooth functioning of a blockchain network. In return for their participation, they receive additional cryptocurrency as a reward. <\/p>\n\n\n\n Some of the most popular cryptocurrencies that employ staking as a crucial component of their consensus mechanisms include Solana (SOL) and Ethereum (ETH). In these networks, staking is pivotal in creating a functional ecosystem. Generally, the larger the stake a validator holds, the higher their chances of adding new blocks to the blockchain and earning rewards.<\/p>\n","post_title":"German Financial Giants Enter Crypto Staking With Fully-Insured Offering","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"german-financial-giants-enter-crypto-staking-with-fully-insured-offering","to_ping":"","pinged":"","post_modified":"2023-09-19 22:31:05","post_modified_gmt":"2023-09-19 12:31:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13458","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
American Association of Individual Investors (AAII) Sentiment Survey reported last week that bearish sentiment, or expectations that stock prices will fall over the next six months, gained 5.4 percentage points to 34.6%. Pessimism is above its historical average of 31.0% for the third time in five weeks, and investors should keep in mind that stocks aren't the only assets that could significantly lose their value. Cryptocurrencies could also be in the situation to make an even bigger fall, especially if Bitcoin continues to maintain a downside trajectory. There are expectations of \"market turbulence\" from looming recession concerns and macro uncertainty, and the upside potential for stocks and cryptocurrencies probably remains limited for the weeks ahead.<\/p>\n","post_title":"U.S. Stocks Are Under Pressure At The Start Of The Earnings Season. What To Expect In The Upcoming Weeks?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-are-under-pressure-at-the-start-of-the-earnings-season-what-to-expect-in-the-upcoming-weeks","to_ping":"","pinged":"","post_modified":"2023-09-28 22:57:15","post_modified_gmt":"2023-09-28 12:57:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13624","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13458,"post_author":"1","post_date":"2023-09-19 22:26:11","post_date_gmt":"2023-09-19 12:26:11","post_content":"\n Boerse Stuttgart Digital, the German cryptocurrency-focused subsidiary of the Stuttgart Stock Exchange, is gearing up to introduce a fully insured cryptocurrency staking service in 2024. <\/p>\n\n\n\n To enhance the safety and attractiveness of its staking service, Boerse Stuttgart Digital has partnered with Munich Re, a global reinsurance company. Together, they have devised an insurance product designed to mitigate the risks associated with slashing in proof-of-stake blockchains.<\/p>\n\n\n\n Slashing refers to the penalization of validators who violate network rules or engage in malicious activities, often resulting in the suspension or loss of staked tokens.<\/p>\n\n\n\n Boerse Stuttgart Digital is a subsidiary of the Boerse Stuttgart Group, one of Europe's largest stock exchange groups, ranking as the sixth-largest in the region. Earlier this year, the company secured a digital asset custody license from the German financial regulator, BaFin, through its subsidiary, Blocknox GmbH.<\/p>\n\n\n\n Dr. Oliver Vins, the Managing Director of Boerse Stuttgart Digital remarked: \"We are delighted about the deepened partnership with Munich Re, one of the leading and highly regarded reinsurance providers, as it lays the groundwork for delivering a highly secure and insured staking solution to institutional investors across Europe.\"<\/em><\/p>\n\n\n\n \"We have noticed an increasing interest from institutional investors in the staking sector, eagerly anticipating the chance to participate, provided they have complete confidence in the security of the environment.\"<\/em><\/p>\n\n\n\n This strategic collaboration<\/a> reflects the ongoing trend of established financial institutions strengthening their presence in the digital asset sector. As the cryptocurrency industry continues intertwining with traditional investment services<\/a>, institutions like Deutsche Bank, HSBC, and Franklin Templeton recently ventured into various aspects of the crypto space, including custody, tokenization, and Bitcoin ETFs.<\/p>\n\n\n\n Staking<\/a> is a mechanism where individuals lock up their crypto assets for a specified period to contribute to the smooth functioning of a blockchain network. In return for their participation, they receive additional cryptocurrency as a reward. <\/p>\n\n\n\n Some of the most popular cryptocurrencies that employ staking as a crucial component of their consensus mechanisms include Solana (SOL) and Ethereum (ETH). In these networks, staking is pivotal in creating a functional ecosystem. Generally, the larger the stake a validator holds, the higher their chances of adding new blocks to the blockchain and earning rewards.<\/p>\n","post_title":"German Financial Giants Enter Crypto Staking With Fully-Insured Offering","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"german-financial-giants-enter-crypto-staking-with-fully-insured-offering","to_ping":"","pinged":"","post_modified":"2023-09-19 22:31:05","post_modified_gmt":"2023-09-19 12:31:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13458","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
According to LSEG IBES data that was released last Friday, third-quarter earnings for S&P 500 companies are currently estimated by analysts to increase just 1.5% year-over-year, which is slightly down from a week ago, when analysts were estimating a 1.9% year-over-year increase. Micron Technology, Nike, PepsiCo, Delta Air Lines, BlackRock, Citigroup, JPMorgan Chase, Johnson & Johnson, United Health Group, Goldman Sachs, Bank of America, and Wells Fargo are among the companies scheduled to report quarterly results by October 17. A negative financial performance among these companies could lower shares on Wall Street even more, and investors will watch guidance carefully from these companies to determine if profit margins remain healthy and strong.<\/p>\n\n\n\n American Association of Individual Investors (AAII) Sentiment Survey reported last week that bearish sentiment, or expectations that stock prices will fall over the next six months, gained 5.4 percentage points to 34.6%. Pessimism is above its historical average of 31.0% for the third time in five weeks, and investors should keep in mind that stocks aren't the only assets that could significantly lose their value. Cryptocurrencies could also be in the situation to make an even bigger fall, especially if Bitcoin continues to maintain a downside trajectory. There are expectations of \"market turbulence\" from looming recession concerns and macro uncertainty, and the upside potential for stocks and cryptocurrencies probably remains limited for the weeks ahead.<\/p>\n","post_title":"U.S. Stocks Are Under Pressure At The Start Of The Earnings Season. What To Expect In The Upcoming Weeks?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-are-under-pressure-at-the-start-of-the-earnings-season-what-to-expect-in-the-upcoming-weeks","to_ping":"","pinged":"","post_modified":"2023-09-28 22:57:15","post_modified_gmt":"2023-09-28 12:57:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13624","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13458,"post_author":"1","post_date":"2023-09-19 22:26:11","post_date_gmt":"2023-09-19 12:26:11","post_content":"\n Boerse Stuttgart Digital, the German cryptocurrency-focused subsidiary of the Stuttgart Stock Exchange, is gearing up to introduce a fully insured cryptocurrency staking service in 2024. <\/p>\n\n\n\n To enhance the safety and attractiveness of its staking service, Boerse Stuttgart Digital has partnered with Munich Re, a global reinsurance company. Together, they have devised an insurance product designed to mitigate the risks associated with slashing in proof-of-stake blockchains.<\/p>\n\n\n\n Slashing refers to the penalization of validators who violate network rules or engage in malicious activities, often resulting in the suspension or loss of staked tokens.<\/p>\n\n\n\n Boerse Stuttgart Digital is a subsidiary of the Boerse Stuttgart Group, one of Europe's largest stock exchange groups, ranking as the sixth-largest in the region. Earlier this year, the company secured a digital asset custody license from the German financial regulator, BaFin, through its subsidiary, Blocknox GmbH.<\/p>\n\n\n\n Dr. Oliver Vins, the Managing Director of Boerse Stuttgart Digital remarked: \"We are delighted about the deepened partnership with Munich Re, one of the leading and highly regarded reinsurance providers, as it lays the groundwork for delivering a highly secure and insured staking solution to institutional investors across Europe.\"<\/em><\/p>\n\n\n\n \"We have noticed an increasing interest from institutional investors in the staking sector, eagerly anticipating the chance to participate, provided they have complete confidence in the security of the environment.\"<\/em><\/p>\n\n\n\n This strategic collaboration<\/a> reflects the ongoing trend of established financial institutions strengthening their presence in the digital asset sector. As the cryptocurrency industry continues intertwining with traditional investment services<\/a>, institutions like Deutsche Bank, HSBC, and Franklin Templeton recently ventured into various aspects of the crypto space, including custody, tokenization, and Bitcoin ETFs.<\/p>\n\n\n\n Staking<\/a> is a mechanism where individuals lock up their crypto assets for a specified period to contribute to the smooth functioning of a blockchain network. In return for their participation, they receive additional cryptocurrency as a reward. <\/p>\n\n\n\n Some of the most popular cryptocurrencies that employ staking as a crucial component of their consensus mechanisms include Solana (SOL) and Ethereum (ETH). In these networks, staking is pivotal in creating a functional ecosystem. Generally, the larger the stake a validator holds, the higher their chances of adding new blocks to the blockchain and earning rewards.<\/p>\n","post_title":"German Financial Giants Enter Crypto Staking With Fully-Insured Offering","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"german-financial-giants-enter-crypto-staking-with-fully-insured-offering","to_ping":"","pinged":"","post_modified":"2023-09-19 22:31:05","post_modified_gmt":"2023-09-19 12:31:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13458","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Higher rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation. Corporate profits are emerging as the big driver of what the market is likely to do in the near term, but if earnings results fall short of expectations, the stock market's reaction could be severe.<\/p>\n\n\n\n According to LSEG IBES data that was released last Friday, third-quarter earnings for S&P 500 companies are currently estimated by analysts to increase just 1.5% year-over-year, which is slightly down from a week ago, when analysts were estimating a 1.9% year-over-year increase. Micron Technology, Nike, PepsiCo, Delta Air Lines, BlackRock, Citigroup, JPMorgan Chase, Johnson & Johnson, United Health Group, Goldman Sachs, Bank of America, and Wells Fargo are among the companies scheduled to report quarterly results by October 17. A negative financial performance among these companies could lower shares on Wall Street even more, and investors will watch guidance carefully from these companies to determine if profit margins remain healthy and strong.<\/p>\n\n\n\n American Association of Individual Investors (AAII) Sentiment Survey reported last week that bearish sentiment, or expectations that stock prices will fall over the next six months, gained 5.4 percentage points to 34.6%. Pessimism is above its historical average of 31.0% for the third time in five weeks, and investors should keep in mind that stocks aren't the only assets that could significantly lose their value. Cryptocurrencies could also be in the situation to make an even bigger fall, especially if Bitcoin continues to maintain a downside trajectory. There are expectations of \"market turbulence\" from looming recession concerns and macro uncertainty, and the upside potential for stocks and cryptocurrencies probably remains limited for the weeks ahead.<\/p>\n","post_title":"U.S. Stocks Are Under Pressure At The Start Of The Earnings Season. What To Expect In The Upcoming Weeks?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-are-under-pressure-at-the-start-of-the-earnings-season-what-to-expect-in-the-upcoming-weeks","to_ping":"","pinged":"","post_modified":"2023-09-28 22:57:15","post_modified_gmt":"2023-09-28 12:57:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13624","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13458,"post_author":"1","post_date":"2023-09-19 22:26:11","post_date_gmt":"2023-09-19 12:26:11","post_content":"\n Boerse Stuttgart Digital, the German cryptocurrency-focused subsidiary of the Stuttgart Stock Exchange, is gearing up to introduce a fully insured cryptocurrency staking service in 2024. <\/p>\n\n\n\n To enhance the safety and attractiveness of its staking service, Boerse Stuttgart Digital has partnered with Munich Re, a global reinsurance company. Together, they have devised an insurance product designed to mitigate the risks associated with slashing in proof-of-stake blockchains.<\/p>\n\n\n\n Slashing refers to the penalization of validators who violate network rules or engage in malicious activities, often resulting in the suspension or loss of staked tokens.<\/p>\n\n\n\n Boerse Stuttgart Digital is a subsidiary of the Boerse Stuttgart Group, one of Europe's largest stock exchange groups, ranking as the sixth-largest in the region. Earlier this year, the company secured a digital asset custody license from the German financial regulator, BaFin, through its subsidiary, Blocknox GmbH.<\/p>\n\n\n\n Dr. Oliver Vins, the Managing Director of Boerse Stuttgart Digital remarked: \"We are delighted about the deepened partnership with Munich Re, one of the leading and highly regarded reinsurance providers, as it lays the groundwork for delivering a highly secure and insured staking solution to institutional investors across Europe.\"<\/em><\/p>\n\n\n\n \"We have noticed an increasing interest from institutional investors in the staking sector, eagerly anticipating the chance to participate, provided they have complete confidence in the security of the environment.\"<\/em><\/p>\n\n\n\n This strategic collaboration<\/a> reflects the ongoing trend of established financial institutions strengthening their presence in the digital asset sector. As the cryptocurrency industry continues intertwining with traditional investment services<\/a>, institutions like Deutsche Bank, HSBC, and Franklin Templeton recently ventured into various aspects of the crypto space, including custody, tokenization, and Bitcoin ETFs.<\/p>\n\n\n\n Staking<\/a> is a mechanism where individuals lock up their crypto assets for a specified period to contribute to the smooth functioning of a blockchain network. In return for their participation, they receive additional cryptocurrency as a reward. <\/p>\n\n\n\n Some of the most popular cryptocurrencies that employ staking as a crucial component of their consensus mechanisms include Solana (SOL) and Ethereum (ETH). In these networks, staking is pivotal in creating a functional ecosystem. Generally, the larger the stake a validator holds, the higher their chances of adding new blocks to the blockchain and earning rewards.<\/p>\n","post_title":"German Financial Giants Enter Crypto Staking With Fully-Insured Offering","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"german-financial-giants-enter-crypto-staking-with-fully-insured-offering","to_ping":"","pinged":"","post_modified":"2023-09-19 22:31:05","post_modified_gmt":"2023-09-19 12:31:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13458","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Higher rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation. Corporate profits are emerging as the big driver of what the market is likely to do in the near term, but if earnings results fall short of expectations, the stock market's reaction could be severe.<\/p>\n\n\n\n According to LSEG IBES data that was released last Friday, third-quarter earnings for S&P 500 companies are currently estimated by analysts to increase just 1.5% year-over-year, which is slightly down from a week ago, when analysts were estimating a 1.9% year-over-year increase. Micron Technology, Nike, PepsiCo, Delta Air Lines, BlackRock, Citigroup, JPMorgan Chase, Johnson & Johnson, United Health Group, Goldman Sachs, Bank of America, and Wells Fargo are among the companies scheduled to report quarterly results by October 17. A negative financial performance among these companies could lower shares on Wall Street even more, and investors will watch guidance carefully from these companies to determine if profit margins remain healthy and strong.<\/p>\n\n\n\n American Association of Individual Investors (AAII) Sentiment Survey reported last week that bearish sentiment, or expectations that stock prices will fall over the next six months, gained 5.4 percentage points to 34.6%. Pessimism is above its historical average of 31.0% for the third time in five weeks, and investors should keep in mind that stocks aren't the only assets that could significantly lose their value. Cryptocurrencies could also be in the situation to make an even bigger fall, especially if Bitcoin continues to maintain a downside trajectory. There are expectations of \"market turbulence\" from looming recession concerns and macro uncertainty, and the upside potential for stocks and cryptocurrencies probably remains limited for the weeks ahead.<\/p>\n","post_title":"U.S. Stocks Are Under Pressure At The Start Of The Earnings Season. What To Expect In The Upcoming Weeks?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-are-under-pressure-at-the-start-of-the-earnings-season-what-to-expect-in-the-upcoming-weeks","to_ping":"","pinged":"","post_modified":"2023-09-28 22:57:15","post_modified_gmt":"2023-09-28 12:57:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13624","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13458,"post_author":"1","post_date":"2023-09-19 22:26:11","post_date_gmt":"2023-09-19 12:26:11","post_content":"\n Boerse Stuttgart Digital, the German cryptocurrency-focused subsidiary of the Stuttgart Stock Exchange, is gearing up to introduce a fully insured cryptocurrency staking service in 2024. <\/p>\n\n\n\n To enhance the safety and attractiveness of its staking service, Boerse Stuttgart Digital has partnered with Munich Re, a global reinsurance company. Together, they have devised an insurance product designed to mitigate the risks associated with slashing in proof-of-stake blockchains.<\/p>\n\n\n\n Slashing refers to the penalization of validators who violate network rules or engage in malicious activities, often resulting in the suspension or loss of staked tokens.<\/p>\n\n\n\n Boerse Stuttgart Digital is a subsidiary of the Boerse Stuttgart Group, one of Europe's largest stock exchange groups, ranking as the sixth-largest in the region. Earlier this year, the company secured a digital asset custody license from the German financial regulator, BaFin, through its subsidiary, Blocknox GmbH.<\/p>\n\n\n\n Dr. Oliver Vins, the Managing Director of Boerse Stuttgart Digital remarked: \"We are delighted about the deepened partnership with Munich Re, one of the leading and highly regarded reinsurance providers, as it lays the groundwork for delivering a highly secure and insured staking solution to institutional investors across Europe.\"<\/em><\/p>\n\n\n\n \"We have noticed an increasing interest from institutional investors in the staking sector, eagerly anticipating the chance to participate, provided they have complete confidence in the security of the environment.\"<\/em><\/p>\n\n\n\n This strategic collaboration<\/a> reflects the ongoing trend of established financial institutions strengthening their presence in the digital asset sector. As the cryptocurrency industry continues intertwining with traditional investment services<\/a>, institutions like Deutsche Bank, HSBC, and Franklin Templeton recently ventured into various aspects of the crypto space, including custody, tokenization, and Bitcoin ETFs.<\/p>\n\n\n\n Staking<\/a> is a mechanism where individuals lock up their crypto assets for a specified period to contribute to the smooth functioning of a blockchain network. In return for their participation, they receive additional cryptocurrency as a reward. <\/p>\n\n\n\n Some of the most popular cryptocurrencies that employ staking as a crucial component of their consensus mechanisms include Solana (SOL) and Ethereum (ETH). In these networks, staking is pivotal in creating a functional ecosystem. Generally, the larger the stake a validator holds, the higher their chances of adding new blocks to the blockchain and earning rewards.<\/p>\n","post_title":"German Financial Giants Enter Crypto Staking With Fully-Insured Offering","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"german-financial-giants-enter-crypto-staking-with-fully-insured-offering","to_ping":"","pinged":"","post_modified":"2023-09-19 22:31:05","post_modified_gmt":"2023-09-19 12:31:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13458","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\"Historically, an extended period of tight monetary policy has almost always led to an economic contraction. Because of this, there's a lack of conviction or willingness for buyers to step up and support stock prices at these levels, even though there may be representative bargains out there. \"<\/em><\/p>\n\n\n\n Higher rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation. Corporate profits are emerging as the big driver of what the market is likely to do in the near term, but if earnings results fall short of expectations, the stock market's reaction could be severe.<\/p>\n\n\n\n According to LSEG IBES data that was released last Friday, third-quarter earnings for S&P 500 companies are currently estimated by analysts to increase just 1.5% year-over-year, which is slightly down from a week ago, when analysts were estimating a 1.9% year-over-year increase. Micron Technology, Nike, PepsiCo, Delta Air Lines, BlackRock, Citigroup, JPMorgan Chase, Johnson & Johnson, United Health Group, Goldman Sachs, Bank of America, and Wells Fargo are among the companies scheduled to report quarterly results by October 17. A negative financial performance among these companies could lower shares on Wall Street even more, and investors will watch guidance carefully from these companies to determine if profit margins remain healthy and strong.<\/p>\n\n\n\n American Association of Individual Investors (AAII) Sentiment Survey reported last week that bearish sentiment, or expectations that stock prices will fall over the next six months, gained 5.4 percentage points to 34.6%. Pessimism is above its historical average of 31.0% for the third time in five weeks, and investors should keep in mind that stocks aren't the only assets that could significantly lose their value. Cryptocurrencies could also be in the situation to make an even bigger fall, especially if Bitcoin continues to maintain a downside trajectory. There are expectations of \"market turbulence\" from looming recession concerns and macro uncertainty, and the upside potential for stocks and cryptocurrencies probably remains limited for the weeks ahead.<\/p>\n","post_title":"U.S. Stocks Are Under Pressure At The Start Of The Earnings Season. What To Expect In The Upcoming Weeks?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-are-under-pressure-at-the-start-of-the-earnings-season-what-to-expect-in-the-upcoming-weeks","to_ping":"","pinged":"","post_modified":"2023-09-28 22:57:15","post_modified_gmt":"2023-09-28 12:57:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13624","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13458,"post_author":"1","post_date":"2023-09-19 22:26:11","post_date_gmt":"2023-09-19 12:26:11","post_content":"\n Boerse Stuttgart Digital, the German cryptocurrency-focused subsidiary of the Stuttgart Stock Exchange, is gearing up to introduce a fully insured cryptocurrency staking service in 2024. <\/p>\n\n\n\n To enhance the safety and attractiveness of its staking service, Boerse Stuttgart Digital has partnered with Munich Re, a global reinsurance company. Together, they have devised an insurance product designed to mitigate the risks associated with slashing in proof-of-stake blockchains.<\/p>\n\n\n\n Slashing refers to the penalization of validators who violate network rules or engage in malicious activities, often resulting in the suspension or loss of staked tokens.<\/p>\n\n\n\n Boerse Stuttgart Digital is a subsidiary of the Boerse Stuttgart Group, one of Europe's largest stock exchange groups, ranking as the sixth-largest in the region. Earlier this year, the company secured a digital asset custody license from the German financial regulator, BaFin, through its subsidiary, Blocknox GmbH.<\/p>\n\n\n\n Dr. Oliver Vins, the Managing Director of Boerse Stuttgart Digital remarked: \"We are delighted about the deepened partnership with Munich Re, one of the leading and highly regarded reinsurance providers, as it lays the groundwork for delivering a highly secure and insured staking solution to institutional investors across Europe.\"<\/em><\/p>\n\n\n\n \"We have noticed an increasing interest from institutional investors in the staking sector, eagerly anticipating the chance to participate, provided they have complete confidence in the security of the environment.\"<\/em><\/p>\n\n\n\n This strategic collaboration<\/a> reflects the ongoing trend of established financial institutions strengthening their presence in the digital asset sector. As the cryptocurrency industry continues intertwining with traditional investment services<\/a>, institutions like Deutsche Bank, HSBC, and Franklin Templeton recently ventured into various aspects of the crypto space, including custody, tokenization, and Bitcoin ETFs.<\/p>\n\n\n\n Staking<\/a> is a mechanism where individuals lock up their crypto assets for a specified period to contribute to the smooth functioning of a blockchain network. In return for their participation, they receive additional cryptocurrency as a reward. <\/p>\n\n\n\n Some of the most popular cryptocurrencies that employ staking as a crucial component of their consensus mechanisms include Solana (SOL) and Ethereum (ETH). In these networks, staking is pivotal in creating a functional ecosystem. Generally, the larger the stake a validator holds, the higher their chances of adding new blocks to the blockchain and earning rewards.<\/p>\n","post_title":"German Financial Giants Enter Crypto Staking With Fully-Insured Offering","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"german-financial-giants-enter-crypto-staking-with-fully-insured-offering","to_ping":"","pinged":"","post_modified":"2023-09-19 22:31:05","post_modified_gmt":"2023-09-19 12:31:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13458","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Shares on Wall Street continue to be under pressure, as worries over interest rates staying higher for longer kept the 10-year Treasury yield buoyant, with investors looking toward the next round of quarterly results as earnings season gets underway. The Federal Reserve kept interest rates unchanged at 5.25%-5.50% last Wednesday but warned that we could potentially see one more rate hike this year, while Chair Jerome Powell said that the rate-hiking cycle will probably last longer than many on Wall Street want. Robert Pavlik, senior portfolio manager at Dakota Wealth, said<\/a>:<\/p>\n\n\n\n \"Historically, an extended period of tight monetary policy has almost always led to an economic contraction. Because of this, there's a lack of conviction or willingness for buyers to step up and support stock prices at these levels, even though there may be representative bargains out there. \"<\/em><\/p>\n\n\n\n Higher rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation. Corporate profits are emerging as the big driver of what the market is likely to do in the near term, but if earnings results fall short of expectations, the stock market's reaction could be severe.<\/p>\n\n\n\n According to LSEG IBES data that was released last Friday, third-quarter earnings for S&P 500 companies are currently estimated by analysts to increase just 1.5% year-over-year, which is slightly down from a week ago, when analysts were estimating a 1.9% year-over-year increase. Micron Technology, Nike, PepsiCo, Delta Air Lines, BlackRock, Citigroup, JPMorgan Chase, Johnson & Johnson, United Health Group, Goldman Sachs, Bank of America, and Wells Fargo are among the companies scheduled to report quarterly results by October 17. A negative financial performance among these companies could lower shares on Wall Street even more, and investors will watch guidance carefully from these companies to determine if profit margins remain healthy and strong.<\/p>\n\n\n\n American Association of Individual Investors (AAII) Sentiment Survey reported last week that bearish sentiment, or expectations that stock prices will fall over the next six months, gained 5.4 percentage points to 34.6%. Pessimism is above its historical average of 31.0% for the third time in five weeks, and investors should keep in mind that stocks aren't the only assets that could significantly lose their value. Cryptocurrencies could also be in the situation to make an even bigger fall, especially if Bitcoin continues to maintain a downside trajectory. There are expectations of \"market turbulence\" from looming recession concerns and macro uncertainty, and the upside potential for stocks and cryptocurrencies probably remains limited for the weeks ahead.<\/p>\n","post_title":"U.S. Stocks Are Under Pressure At The Start Of The Earnings Season. What To Expect In The Upcoming Weeks?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-are-under-pressure-at-the-start-of-the-earnings-season-what-to-expect-in-the-upcoming-weeks","to_ping":"","pinged":"","post_modified":"2023-09-28 22:57:15","post_modified_gmt":"2023-09-28 12:57:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13624","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13458,"post_author":"1","post_date":"2023-09-19 22:26:11","post_date_gmt":"2023-09-19 12:26:11","post_content":"\n Boerse Stuttgart Digital, the German cryptocurrency-focused subsidiary of the Stuttgart Stock Exchange, is gearing up to introduce a fully insured cryptocurrency staking service in 2024. <\/p>\n\n\n\n To enhance the safety and attractiveness of its staking service, Boerse Stuttgart Digital has partnered with Munich Re, a global reinsurance company. Together, they have devised an insurance product designed to mitigate the risks associated with slashing in proof-of-stake blockchains.<\/p>\n\n\n\n Slashing refers to the penalization of validators who violate network rules or engage in malicious activities, often resulting in the suspension or loss of staked tokens.<\/p>\n\n\n\n Boerse Stuttgart Digital is a subsidiary of the Boerse Stuttgart Group, one of Europe's largest stock exchange groups, ranking as the sixth-largest in the region. Earlier this year, the company secured a digital asset custody license from the German financial regulator, BaFin, through its subsidiary, Blocknox GmbH.<\/p>\n\n\n\n Dr. Oliver Vins, the Managing Director of Boerse Stuttgart Digital remarked: \"We are delighted about the deepened partnership with Munich Re, one of the leading and highly regarded reinsurance providers, as it lays the groundwork for delivering a highly secure and insured staking solution to institutional investors across Europe.\"<\/em><\/p>\n\n\n\n \"We have noticed an increasing interest from institutional investors in the staking sector, eagerly anticipating the chance to participate, provided they have complete confidence in the security of the environment.\"<\/em><\/p>\n\n\n\n This strategic collaboration<\/a> reflects the ongoing trend of established financial institutions strengthening their presence in the digital asset sector. As the cryptocurrency industry continues intertwining with traditional investment services<\/a>, institutions like Deutsche Bank, HSBC, and Franklin Templeton recently ventured into various aspects of the crypto space, including custody, tokenization, and Bitcoin ETFs.<\/p>\n\n\n\n Staking<\/a> is a mechanism where individuals lock up their crypto assets for a specified period to contribute to the smooth functioning of a blockchain network. In return for their participation, they receive additional cryptocurrency as a reward. <\/p>\n\n\n\n Some of the most popular cryptocurrencies that employ staking as a crucial component of their consensus mechanisms include Solana (SOL) and Ethereum (ETH). In these networks, staking is pivotal in creating a functional ecosystem. Generally, the larger the stake a validator holds, the higher their chances of adding new blocks to the blockchain and earning rewards.<\/p>\n","post_title":"German Financial Giants Enter Crypto Staking With Fully-Insured Offering","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"german-financial-giants-enter-crypto-staking-with-fully-insured-offering","to_ping":"","pinged":"","post_modified":"2023-09-19 22:31:05","post_modified_gmt":"2023-09-19 12:31:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13458","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
A stronger-than-expected report on Friday will be the last thing the Fed wants to see, not to mention financial markets, and a recommendation is that investors should continue to take a defensive investment approach. There are expectations of \"market turbulence\" from macro uncertainty, and the upside potential for stocks and cryptocurrencies probably remains limited for the weeks ahead.<\/p>\n","post_title":"Investor Optimism Fell After Strong Jobs Data; Does Strong Selling Activity Indicate The Possibility Of Further Declines In The Coming Weeks?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"investor-optimism-fell-after-strong-jobs-data-does-strong-selling-activity-indicate-the-possibility-of-further-declines-in-the-coming-weeks","to_ping":"","pinged":"","post_modified":"2023-10-08 01:00:23","post_modified_gmt":"2023-10-07 14:00:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13710","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13624,"post_author":"14","post_date":"2023-09-28 22:55:48","post_date_gmt":"2023-09-28 12:55:48","post_content":"\n Shares on Wall Street continue to be under pressure, as worries over interest rates staying higher for longer kept the 10-year Treasury yield buoyant, with investors looking toward the next round of quarterly results as earnings season gets underway. The Federal Reserve kept interest rates unchanged at 5.25%-5.50% last Wednesday but warned that we could potentially see one more rate hike this year, while Chair Jerome Powell said that the rate-hiking cycle will probably last longer than many on Wall Street want. Robert Pavlik, senior portfolio manager at Dakota Wealth, said<\/a>:<\/p>\n\n\n\n \"Historically, an extended period of tight monetary policy has almost always led to an economic contraction. Because of this, there's a lack of conviction or willingness for buyers to step up and support stock prices at these levels, even though there may be representative bargains out there. \"<\/em><\/p>\n\n\n\n Higher rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation. Corporate profits are emerging as the big driver of what the market is likely to do in the near term, but if earnings results fall short of expectations, the stock market's reaction could be severe.<\/p>\n\n\n\n According to LSEG IBES data that was released last Friday, third-quarter earnings for S&P 500 companies are currently estimated by analysts to increase just 1.5% year-over-year, which is slightly down from a week ago, when analysts were estimating a 1.9% year-over-year increase. Micron Technology, Nike, PepsiCo, Delta Air Lines, BlackRock, Citigroup, JPMorgan Chase, Johnson & Johnson, United Health Group, Goldman Sachs, Bank of America, and Wells Fargo are among the companies scheduled to report quarterly results by October 17. A negative financial performance among these companies could lower shares on Wall Street even more, and investors will watch guidance carefully from these companies to determine if profit margins remain healthy and strong.<\/p>\n\n\n\n American Association of Individual Investors (AAII) Sentiment Survey reported last week that bearish sentiment, or expectations that stock prices will fall over the next six months, gained 5.4 percentage points to 34.6%. Pessimism is above its historical average of 31.0% for the third time in five weeks, and investors should keep in mind that stocks aren't the only assets that could significantly lose their value. Cryptocurrencies could also be in the situation to make an even bigger fall, especially if Bitcoin continues to maintain a downside trajectory. There are expectations of \"market turbulence\" from looming recession concerns and macro uncertainty, and the upside potential for stocks and cryptocurrencies probably remains limited for the weeks ahead.<\/p>\n","post_title":"U.S. Stocks Are Under Pressure At The Start Of The Earnings Season. What To Expect In The Upcoming Weeks?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-are-under-pressure-at-the-start-of-the-earnings-season-what-to-expect-in-the-upcoming-weeks","to_ping":"","pinged":"","post_modified":"2023-09-28 22:57:15","post_modified_gmt":"2023-09-28 12:57:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13624","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13458,"post_author":"1","post_date":"2023-09-19 22:26:11","post_date_gmt":"2023-09-19 12:26:11","post_content":"\n Boerse Stuttgart Digital, the German cryptocurrency-focused subsidiary of the Stuttgart Stock Exchange, is gearing up to introduce a fully insured cryptocurrency staking service in 2024. <\/p>\n\n\n\n To enhance the safety and attractiveness of its staking service, Boerse Stuttgart Digital has partnered with Munich Re, a global reinsurance company. Together, they have devised an insurance product designed to mitigate the risks associated with slashing in proof-of-stake blockchains.<\/p>\n\n\n\n Slashing refers to the penalization of validators who violate network rules or engage in malicious activities, often resulting in the suspension or loss of staked tokens.<\/p>\n\n\n\n Boerse Stuttgart Digital is a subsidiary of the Boerse Stuttgart Group, one of Europe's largest stock exchange groups, ranking as the sixth-largest in the region. Earlier this year, the company secured a digital asset custody license from the German financial regulator, BaFin, through its subsidiary, Blocknox GmbH.<\/p>\n\n\n\n Dr. Oliver Vins, the Managing Director of Boerse Stuttgart Digital remarked: \"We are delighted about the deepened partnership with Munich Re, one of the leading and highly regarded reinsurance providers, as it lays the groundwork for delivering a highly secure and insured staking solution to institutional investors across Europe.\"<\/em><\/p>\n\n\n\n \"We have noticed an increasing interest from institutional investors in the staking sector, eagerly anticipating the chance to participate, provided they have complete confidence in the security of the environment.\"<\/em><\/p>\n\n\n\n This strategic collaboration<\/a> reflects the ongoing trend of established financial institutions strengthening their presence in the digital asset sector. As the cryptocurrency industry continues intertwining with traditional investment services<\/a>, institutions like Deutsche Bank, HSBC, and Franklin Templeton recently ventured into various aspects of the crypto space, including custody, tokenization, and Bitcoin ETFs.<\/p>\n\n\n\n Staking<\/a> is a mechanism where individuals lock up their crypto assets for a specified period to contribute to the smooth functioning of a blockchain network. In return for their participation, they receive additional cryptocurrency as a reward. <\/p>\n\n\n\n Some of the most popular cryptocurrencies that employ staking as a crucial component of their consensus mechanisms include Solana (SOL) and Ethereum (ETH). In these networks, staking is pivotal in creating a functional ecosystem. Generally, the larger the stake a validator holds, the higher their chances of adding new blocks to the blockchain and earning rewards.<\/p>\n","post_title":"German Financial Giants Enter Crypto Staking With Fully-Insured Offering","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"german-financial-giants-enter-crypto-staking-with-fully-insured-offering","to_ping":"","pinged":"","post_modified":"2023-09-19 22:31:05","post_modified_gmt":"2023-09-19 12:31:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13458","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The focus of investors now shifts to the non-farm payrolls report that will be released this Friday for further clues on the state of the U.S. labor market. Financial markets dialed down expectations that the U.S. central bank would keep rates unchanged at its Oct. 31-Nov. meeting and Friday's payroll data should help clarify if the labor market is as strong as the JOLTS report implies.<\/p>\n\n\n\n A stronger-than-expected report on Friday will be the last thing the Fed wants to see, not to mention financial markets, and a recommendation is that investors should continue to take a defensive investment approach. There are expectations of \"market turbulence\" from macro uncertainty, and the upside potential for stocks and cryptocurrencies probably remains limited for the weeks ahead.<\/p>\n","post_title":"Investor Optimism Fell After Strong Jobs Data; Does Strong Selling Activity Indicate The Possibility Of Further Declines In The Coming Weeks?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"investor-optimism-fell-after-strong-jobs-data-does-strong-selling-activity-indicate-the-possibility-of-further-declines-in-the-coming-weeks","to_ping":"","pinged":"","post_modified":"2023-10-08 01:00:23","post_modified_gmt":"2023-10-07 14:00:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13710","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13624,"post_author":"14","post_date":"2023-09-28 22:55:48","post_date_gmt":"2023-09-28 12:55:48","post_content":"\n Shares on Wall Street continue to be under pressure, as worries over interest rates staying higher for longer kept the 10-year Treasury yield buoyant, with investors looking toward the next round of quarterly results as earnings season gets underway. The Federal Reserve kept interest rates unchanged at 5.25%-5.50% last Wednesday but warned that we could potentially see one more rate hike this year, while Chair Jerome Powell said that the rate-hiking cycle will probably last longer than many on Wall Street want. Robert Pavlik, senior portfolio manager at Dakota Wealth, said<\/a>:<\/p>\n\n\n\n \"Historically, an extended period of tight monetary policy has almost always led to an economic contraction. Because of this, there's a lack of conviction or willingness for buyers to step up and support stock prices at these levels, even though there may be representative bargains out there. \"<\/em><\/p>\n\n\n\n Higher rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation. Corporate profits are emerging as the big driver of what the market is likely to do in the near term, but if earnings results fall short of expectations, the stock market's reaction could be severe.<\/p>\n\n\n\n According to LSEG IBES data that was released last Friday, third-quarter earnings for S&P 500 companies are currently estimated by analysts to increase just 1.5% year-over-year, which is slightly down from a week ago, when analysts were estimating a 1.9% year-over-year increase. Micron Technology, Nike, PepsiCo, Delta Air Lines, BlackRock, Citigroup, JPMorgan Chase, Johnson & Johnson, United Health Group, Goldman Sachs, Bank of America, and Wells Fargo are among the companies scheduled to report quarterly results by October 17. A negative financial performance among these companies could lower shares on Wall Street even more, and investors will watch guidance carefully from these companies to determine if profit margins remain healthy and strong.<\/p>\n\n\n\n American Association of Individual Investors (AAII) Sentiment Survey reported last week that bearish sentiment, or expectations that stock prices will fall over the next six months, gained 5.4 percentage points to 34.6%. Pessimism is above its historical average of 31.0% for the third time in five weeks, and investors should keep in mind that stocks aren't the only assets that could significantly lose their value. Cryptocurrencies could also be in the situation to make an even bigger fall, especially if Bitcoin continues to maintain a downside trajectory. There are expectations of \"market turbulence\" from looming recession concerns and macro uncertainty, and the upside potential for stocks and cryptocurrencies probably remains limited for the weeks ahead.<\/p>\n","post_title":"U.S. Stocks Are Under Pressure At The Start Of The Earnings Season. What To Expect In The Upcoming Weeks?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-are-under-pressure-at-the-start-of-the-earnings-season-what-to-expect-in-the-upcoming-weeks","to_ping":"","pinged":"","post_modified":"2023-09-28 22:57:15","post_modified_gmt":"2023-09-28 12:57:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13624","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13458,"post_author":"1","post_date":"2023-09-19 22:26:11","post_date_gmt":"2023-09-19 12:26:11","post_content":"\n Boerse Stuttgart Digital, the German cryptocurrency-focused subsidiary of the Stuttgart Stock Exchange, is gearing up to introduce a fully insured cryptocurrency staking service in 2024. <\/p>\n\n\n\n To enhance the safety and attractiveness of its staking service, Boerse Stuttgart Digital has partnered with Munich Re, a global reinsurance company. Together, they have devised an insurance product designed to mitigate the risks associated with slashing in proof-of-stake blockchains.<\/p>\n\n\n\n Slashing refers to the penalization of validators who violate network rules or engage in malicious activities, often resulting in the suspension or loss of staked tokens.<\/p>\n\n\n\n Boerse Stuttgart Digital is a subsidiary of the Boerse Stuttgart Group, one of Europe's largest stock exchange groups, ranking as the sixth-largest in the region. Earlier this year, the company secured a digital asset custody license from the German financial regulator, BaFin, through its subsidiary, Blocknox GmbH.<\/p>\n\n\n\n Dr. Oliver Vins, the Managing Director of Boerse Stuttgart Digital remarked: \"We are delighted about the deepened partnership with Munich Re, one of the leading and highly regarded reinsurance providers, as it lays the groundwork for delivering a highly secure and insured staking solution to institutional investors across Europe.\"<\/em><\/p>\n\n\n\n \"We have noticed an increasing interest from institutional investors in the staking sector, eagerly anticipating the chance to participate, provided they have complete confidence in the security of the environment.\"<\/em><\/p>\n\n\n\n This strategic collaboration<\/a> reflects the ongoing trend of established financial institutions strengthening their presence in the digital asset sector. As the cryptocurrency industry continues intertwining with traditional investment services<\/a>, institutions like Deutsche Bank, HSBC, and Franklin Templeton recently ventured into various aspects of the crypto space, including custody, tokenization, and Bitcoin ETFs.<\/p>\n\n\n\n Staking<\/a> is a mechanism where individuals lock up their crypto assets for a specified period to contribute to the smooth functioning of a blockchain network. In return for their participation, they receive additional cryptocurrency as a reward. <\/p>\n\n\n\n Some of the most popular cryptocurrencies that employ staking as a crucial component of their consensus mechanisms include Solana (SOL) and Ethereum (ETH). In these networks, staking is pivotal in creating a functional ecosystem. Generally, the larger the stake a validator holds, the higher their chances of adding new blocks to the blockchain and earning rewards.<\/p>\n","post_title":"German Financial Giants Enter Crypto Staking With Fully-Insured Offering","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"german-financial-giants-enter-crypto-staking-with-fully-insured-offering","to_ping":"","pinged":"","post_modified":"2023-09-19 22:31:05","post_modified_gmt":"2023-09-19 12:31:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13458","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\"We do have potentially one more Fed rate hike coming at the tail end of this year. Any strength in the jobs market can push us in that direction and strengthen CPI.\"<\/em><\/p>\n\n\n\n The focus of investors now shifts to the non-farm payrolls report that will be released this Friday for further clues on the state of the U.S. labor market. Financial markets dialed down expectations that the U.S. central bank would keep rates unchanged at its Oct. 31-Nov. meeting and Friday's payroll data should help clarify if the labor market is as strong as the JOLTS report implies.<\/p>\n\n\n\n A stronger-than-expected report on Friday will be the last thing the Fed wants to see, not to mention financial markets, and a recommendation is that investors should continue to take a defensive investment approach. There are expectations of \"market turbulence\" from macro uncertainty, and the upside potential for stocks and cryptocurrencies probably remains limited for the weeks ahead.<\/p>\n","post_title":"Investor Optimism Fell After Strong Jobs Data; Does Strong Selling Activity Indicate The Possibility Of Further Declines In The Coming Weeks?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"investor-optimism-fell-after-strong-jobs-data-does-strong-selling-activity-indicate-the-possibility-of-further-declines-in-the-coming-weeks","to_ping":"","pinged":"","post_modified":"2023-10-08 01:00:23","post_modified_gmt":"2023-10-07 14:00:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13710","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13624,"post_author":"14","post_date":"2023-09-28 22:55:48","post_date_gmt":"2023-09-28 12:55:48","post_content":"\n Shares on Wall Street continue to be under pressure, as worries over interest rates staying higher for longer kept the 10-year Treasury yield buoyant, with investors looking toward the next round of quarterly results as earnings season gets underway. The Federal Reserve kept interest rates unchanged at 5.25%-5.50% last Wednesday but warned that we could potentially see one more rate hike this year, while Chair Jerome Powell said that the rate-hiking cycle will probably last longer than many on Wall Street want. Robert Pavlik, senior portfolio manager at Dakota Wealth, said<\/a>:<\/p>\n\n\n\n \"Historically, an extended period of tight monetary policy has almost always led to an economic contraction. Because of this, there's a lack of conviction or willingness for buyers to step up and support stock prices at these levels, even though there may be representative bargains out there. \"<\/em><\/p>\n\n\n\n Higher rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation. Corporate profits are emerging as the big driver of what the market is likely to do in the near term, but if earnings results fall short of expectations, the stock market's reaction could be severe.<\/p>\n\n\n\n According to LSEG IBES data that was released last Friday, third-quarter earnings for S&P 500 companies are currently estimated by analysts to increase just 1.5% year-over-year, which is slightly down from a week ago, when analysts were estimating a 1.9% year-over-year increase. Micron Technology, Nike, PepsiCo, Delta Air Lines, BlackRock, Citigroup, JPMorgan Chase, Johnson & Johnson, United Health Group, Goldman Sachs, Bank of America, and Wells Fargo are among the companies scheduled to report quarterly results by October 17. A negative financial performance among these companies could lower shares on Wall Street even more, and investors will watch guidance carefully from these companies to determine if profit margins remain healthy and strong.<\/p>\n\n\n\n American Association of Individual Investors (AAII) Sentiment Survey reported last week that bearish sentiment, or expectations that stock prices will fall over the next six months, gained 5.4 percentage points to 34.6%. Pessimism is above its historical average of 31.0% for the third time in five weeks, and investors should keep in mind that stocks aren't the only assets that could significantly lose their value. Cryptocurrencies could also be in the situation to make an even bigger fall, especially if Bitcoin continues to maintain a downside trajectory. There are expectations of \"market turbulence\" from looming recession concerns and macro uncertainty, and the upside potential for stocks and cryptocurrencies probably remains limited for the weeks ahead.<\/p>\n","post_title":"U.S. Stocks Are Under Pressure At The Start Of The Earnings Season. What To Expect In The Upcoming Weeks?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-are-under-pressure-at-the-start-of-the-earnings-season-what-to-expect-in-the-upcoming-weeks","to_ping":"","pinged":"","post_modified":"2023-09-28 22:57:15","post_modified_gmt":"2023-09-28 12:57:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13624","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13458,"post_author":"1","post_date":"2023-09-19 22:26:11","post_date_gmt":"2023-09-19 12:26:11","post_content":"\n Boerse Stuttgart Digital, the German cryptocurrency-focused subsidiary of the Stuttgart Stock Exchange, is gearing up to introduce a fully insured cryptocurrency staking service in 2024. <\/p>\n\n\n\n To enhance the safety and attractiveness of its staking service, Boerse Stuttgart Digital has partnered with Munich Re, a global reinsurance company. Together, they have devised an insurance product designed to mitigate the risks associated with slashing in proof-of-stake blockchains.<\/p>\n\n\n\n Slashing refers to the penalization of validators who violate network rules or engage in malicious activities, often resulting in the suspension or loss of staked tokens.<\/p>\n\n\n\n Boerse Stuttgart Digital is a subsidiary of the Boerse Stuttgart Group, one of Europe's largest stock exchange groups, ranking as the sixth-largest in the region. Earlier this year, the company secured a digital asset custody license from the German financial regulator, BaFin, through its subsidiary, Blocknox GmbH.<\/p>\n\n\n\n Dr. Oliver Vins, the Managing Director of Boerse Stuttgart Digital remarked: \"We are delighted about the deepened partnership with Munich Re, one of the leading and highly regarded reinsurance providers, as it lays the groundwork for delivering a highly secure and insured staking solution to institutional investors across Europe.\"<\/em><\/p>\n\n\n\n \"We have noticed an increasing interest from institutional investors in the staking sector, eagerly anticipating the chance to participate, provided they have complete confidence in the security of the environment.\"<\/em><\/p>\n\n\n\n This strategic collaboration<\/a> reflects the ongoing trend of established financial institutions strengthening their presence in the digital asset sector. As the cryptocurrency industry continues intertwining with traditional investment services<\/a>, institutions like Deutsche Bank, HSBC, and Franklin Templeton recently ventured into various aspects of the crypto space, including custody, tokenization, and Bitcoin ETFs.<\/p>\n\n\n\n Staking<\/a> is a mechanism where individuals lock up their crypto assets for a specified period to contribute to the smooth functioning of a blockchain network. In return for their participation, they receive additional cryptocurrency as a reward. <\/p>\n\n\n\n Some of the most popular cryptocurrencies that employ staking as a crucial component of their consensus mechanisms include Solana (SOL) and Ethereum (ETH). In these networks, staking is pivotal in creating a functional ecosystem. Generally, the larger the stake a validator holds, the higher their chances of adding new blocks to the blockchain and earning rewards.<\/p>\n","post_title":"German Financial Giants Enter Crypto Staking With Fully-Insured Offering","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"german-financial-giants-enter-crypto-staking-with-fully-insured-offering","to_ping":"","pinged":"","post_modified":"2023-09-19 22:31:05","post_modified_gmt":"2023-09-19 12:31:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13458","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Wall Street's three main indexes dropped immediately after the news, and worries over interest rates staying higher for longer continue to keep the 10-year Treasury yield buoyant. Jason Pride, chief of investment strategy and research at Glenmede in Philadelphia, said<\/a>:<\/p>\n\n\n\n \"We do have potentially one more Fed rate hike coming at the tail end of this year. Any strength in the jobs market can push us in that direction and strengthen CPI.\"<\/em><\/p>\n\n\n\n The focus of investors now shifts to the non-farm payrolls report that will be released this Friday for further clues on the state of the U.S. labor market. Financial markets dialed down expectations that the U.S. central bank would keep rates unchanged at its Oct. 31-Nov. meeting and Friday's payroll data should help clarify if the labor market is as strong as the JOLTS report implies.<\/p>\n\n\n\n A stronger-than-expected report on Friday will be the last thing the Fed wants to see, not to mention financial markets, and a recommendation is that investors should continue to take a defensive investment approach. There are expectations of \"market turbulence\" from macro uncertainty, and the upside potential for stocks and cryptocurrencies probably remains limited for the weeks ahead.<\/p>\n","post_title":"Investor Optimism Fell After Strong Jobs Data; Does Strong Selling Activity Indicate The Possibility Of Further Declines In The Coming Weeks?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"investor-optimism-fell-after-strong-jobs-data-does-strong-selling-activity-indicate-the-possibility-of-further-declines-in-the-coming-weeks","to_ping":"","pinged":"","post_modified":"2023-10-08 01:00:23","post_modified_gmt":"2023-10-07 14:00:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13710","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13624,"post_author":"14","post_date":"2023-09-28 22:55:48","post_date_gmt":"2023-09-28 12:55:48","post_content":"\n Shares on Wall Street continue to be under pressure, as worries over interest rates staying higher for longer kept the 10-year Treasury yield buoyant, with investors looking toward the next round of quarterly results as earnings season gets underway. The Federal Reserve kept interest rates unchanged at 5.25%-5.50% last Wednesday but warned that we could potentially see one more rate hike this year, while Chair Jerome Powell said that the rate-hiking cycle will probably last longer than many on Wall Street want. Robert Pavlik, senior portfolio manager at Dakota Wealth, said<\/a>:<\/p>\n\n\n\n \"Historically, an extended period of tight monetary policy has almost always led to an economic contraction. Because of this, there's a lack of conviction or willingness for buyers to step up and support stock prices at these levels, even though there may be representative bargains out there. \"<\/em><\/p>\n\n\n\n Higher rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation. Corporate profits are emerging as the big driver of what the market is likely to do in the near term, but if earnings results fall short of expectations, the stock market's reaction could be severe.<\/p>\n\n\n\n According to LSEG IBES data that was released last Friday, third-quarter earnings for S&P 500 companies are currently estimated by analysts to increase just 1.5% year-over-year, which is slightly down from a week ago, when analysts were estimating a 1.9% year-over-year increase. Micron Technology, Nike, PepsiCo, Delta Air Lines, BlackRock, Citigroup, JPMorgan Chase, Johnson & Johnson, United Health Group, Goldman Sachs, Bank of America, and Wells Fargo are among the companies scheduled to report quarterly results by October 17. A negative financial performance among these companies could lower shares on Wall Street even more, and investors will watch guidance carefully from these companies to determine if profit margins remain healthy and strong.<\/p>\n\n\n\n American Association of Individual Investors (AAII) Sentiment Survey reported last week that bearish sentiment, or expectations that stock prices will fall over the next six months, gained 5.4 percentage points to 34.6%. Pessimism is above its historical average of 31.0% for the third time in five weeks, and investors should keep in mind that stocks aren't the only assets that could significantly lose their value. Cryptocurrencies could also be in the situation to make an even bigger fall, especially if Bitcoin continues to maintain a downside trajectory. There are expectations of \"market turbulence\" from looming recession concerns and macro uncertainty, and the upside potential for stocks and cryptocurrencies probably remains limited for the weeks ahead.<\/p>\n","post_title":"U.S. Stocks Are Under Pressure At The Start Of The Earnings Season. What To Expect In The Upcoming Weeks?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-are-under-pressure-at-the-start-of-the-earnings-season-what-to-expect-in-the-upcoming-weeks","to_ping":"","pinged":"","post_modified":"2023-09-28 22:57:15","post_modified_gmt":"2023-09-28 12:57:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13624","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13458,"post_author":"1","post_date":"2023-09-19 22:26:11","post_date_gmt":"2023-09-19 12:26:11","post_content":"\n Boerse Stuttgart Digital, the German cryptocurrency-focused subsidiary of the Stuttgart Stock Exchange, is gearing up to introduce a fully insured cryptocurrency staking service in 2024. <\/p>\n\n\n\n To enhance the safety and attractiveness of its staking service, Boerse Stuttgart Digital has partnered with Munich Re, a global reinsurance company. Together, they have devised an insurance product designed to mitigate the risks associated with slashing in proof-of-stake blockchains.<\/p>\n\n\n\n Slashing refers to the penalization of validators who violate network rules or engage in malicious activities, often resulting in the suspension or loss of staked tokens.<\/p>\n\n\n\n Boerse Stuttgart Digital is a subsidiary of the Boerse Stuttgart Group, one of Europe's largest stock exchange groups, ranking as the sixth-largest in the region. Earlier this year, the company secured a digital asset custody license from the German financial regulator, BaFin, through its subsidiary, Blocknox GmbH.<\/p>\n\n\n\n Dr. Oliver Vins, the Managing Director of Boerse Stuttgart Digital remarked: \"We are delighted about the deepened partnership with Munich Re, one of the leading and highly regarded reinsurance providers, as it lays the groundwork for delivering a highly secure and insured staking solution to institutional investors across Europe.\"<\/em><\/p>\n\n\n\n \"We have noticed an increasing interest from institutional investors in the staking sector, eagerly anticipating the chance to participate, provided they have complete confidence in the security of the environment.\"<\/em><\/p>\n\n\n\n This strategic collaboration<\/a> reflects the ongoing trend of established financial institutions strengthening their presence in the digital asset sector. As the cryptocurrency industry continues intertwining with traditional investment services<\/a>, institutions like Deutsche Bank, HSBC, and Franklin Templeton recently ventured into various aspects of the crypto space, including custody, tokenization, and Bitcoin ETFs.<\/p>\n\n\n\n Staking<\/a> is a mechanism where individuals lock up their crypto assets for a specified period to contribute to the smooth functioning of a blockchain network. In return for their participation, they receive additional cryptocurrency as a reward. <\/p>\n\n\n\n Some of the most popular cryptocurrencies that employ staking as a crucial component of their consensus mechanisms include Solana (SOL) and Ethereum (ETH). In these networks, staking is pivotal in creating a functional ecosystem. Generally, the larger the stake a validator holds, the higher their chances of adding new blocks to the blockchain and earning rewards.<\/p>\n","post_title":"German Financial Giants Enter Crypto Staking With Fully-Insured Offering","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"german-financial-giants-enter-crypto-staking-with-fully-insured-offering","to_ping":"","pinged":"","post_modified":"2023-09-19 22:31:05","post_modified_gmt":"2023-09-19 12:31:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13458","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Strong U.S. job openings data indicate that we could see one more rate hike this year, while Fed Atlanta President Raphael Bostic already said it would likely be a long time until rate cuts arrive. Fed Chair Jerome Powell also said that the rate-hiking cycle will probably last longer than many on Wall Street want, while Cleveland Fed leader Loretta Mester said that she sees the potential for another rate hike in November if the current state of the economy holds.<\/p>\n\n\n\n Wall Street's three main indexes dropped immediately after the news, and worries over interest rates staying higher for longer continue to keep the 10-year Treasury yield buoyant. Jason Pride, chief of investment strategy and research at Glenmede in Philadelphia, said<\/a>:<\/p>\n\n\n\n \"We do have potentially one more Fed rate hike coming at the tail end of this year. Any strength in the jobs market can push us in that direction and strengthen CPI.\"<\/em><\/p>\n\n\n\n The focus of investors now shifts to the non-farm payrolls report that will be released this Friday for further clues on the state of the U.S. labor market. Financial markets dialed down expectations that the U.S. central bank would keep rates unchanged at its Oct. 31-Nov. meeting and Friday's payroll data should help clarify if the labor market is as strong as the JOLTS report implies.<\/p>\n\n\n\n A stronger-than-expected report on Friday will be the last thing the Fed wants to see, not to mention financial markets, and a recommendation is that investors should continue to take a defensive investment approach. There are expectations of \"market turbulence\" from macro uncertainty, and the upside potential for stocks and cryptocurrencies probably remains limited for the weeks ahead.<\/p>\n","post_title":"Investor Optimism Fell After Strong Jobs Data; Does Strong Selling Activity Indicate The Possibility Of Further Declines In The Coming Weeks?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"investor-optimism-fell-after-strong-jobs-data-does-strong-selling-activity-indicate-the-possibility-of-further-declines-in-the-coming-weeks","to_ping":"","pinged":"","post_modified":"2023-10-08 01:00:23","post_modified_gmt":"2023-10-07 14:00:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13710","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13624,"post_author":"14","post_date":"2023-09-28 22:55:48","post_date_gmt":"2023-09-28 12:55:48","post_content":"\n Shares on Wall Street continue to be under pressure, as worries over interest rates staying higher for longer kept the 10-year Treasury yield buoyant, with investors looking toward the next round of quarterly results as earnings season gets underway. The Federal Reserve kept interest rates unchanged at 5.25%-5.50% last Wednesday but warned that we could potentially see one more rate hike this year, while Chair Jerome Powell said that the rate-hiking cycle will probably last longer than many on Wall Street want. Robert Pavlik, senior portfolio manager at Dakota Wealth, said<\/a>:<\/p>\n\n\n\n \"Historically, an extended period of tight monetary policy has almost always led to an economic contraction. Because of this, there's a lack of conviction or willingness for buyers to step up and support stock prices at these levels, even though there may be representative bargains out there. \"<\/em><\/p>\n\n\n\n Higher rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation. Corporate profits are emerging as the big driver of what the market is likely to do in the near term, but if earnings results fall short of expectations, the stock market's reaction could be severe.<\/p>\n\n\n\n According to LSEG IBES data that was released last Friday, third-quarter earnings for S&P 500 companies are currently estimated by analysts to increase just 1.5% year-over-year, which is slightly down from a week ago, when analysts were estimating a 1.9% year-over-year increase. Micron Technology, Nike, PepsiCo, Delta Air Lines, BlackRock, Citigroup, JPMorgan Chase, Johnson & Johnson, United Health Group, Goldman Sachs, Bank of America, and Wells Fargo are among the companies scheduled to report quarterly results by October 17. A negative financial performance among these companies could lower shares on Wall Street even more, and investors will watch guidance carefully from these companies to determine if profit margins remain healthy and strong.<\/p>\n\n\n\n American Association of Individual Investors (AAII) Sentiment Survey reported last week that bearish sentiment, or expectations that stock prices will fall over the next six months, gained 5.4 percentage points to 34.6%. Pessimism is above its historical average of 31.0% for the third time in five weeks, and investors should keep in mind that stocks aren't the only assets that could significantly lose their value. Cryptocurrencies could also be in the situation to make an even bigger fall, especially if Bitcoin continues to maintain a downside trajectory. There are expectations of \"market turbulence\" from looming recession concerns and macro uncertainty, and the upside potential for stocks and cryptocurrencies probably remains limited for the weeks ahead.<\/p>\n","post_title":"U.S. Stocks Are Under Pressure At The Start Of The Earnings Season. What To Expect In The Upcoming Weeks?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-are-under-pressure-at-the-start-of-the-earnings-season-what-to-expect-in-the-upcoming-weeks","to_ping":"","pinged":"","post_modified":"2023-09-28 22:57:15","post_modified_gmt":"2023-09-28 12:57:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13624","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13458,"post_author":"1","post_date":"2023-09-19 22:26:11","post_date_gmt":"2023-09-19 12:26:11","post_content":"\n Boerse Stuttgart Digital, the German cryptocurrency-focused subsidiary of the Stuttgart Stock Exchange, is gearing up to introduce a fully insured cryptocurrency staking service in 2024. <\/p>\n\n\n\n To enhance the safety and attractiveness of its staking service, Boerse Stuttgart Digital has partnered with Munich Re, a global reinsurance company. Together, they have devised an insurance product designed to mitigate the risks associated with slashing in proof-of-stake blockchains.<\/p>\n\n\n\n Slashing refers to the penalization of validators who violate network rules or engage in malicious activities, often resulting in the suspension or loss of staked tokens.<\/p>\n\n\n\n Boerse Stuttgart Digital is a subsidiary of the Boerse Stuttgart Group, one of Europe's largest stock exchange groups, ranking as the sixth-largest in the region. Earlier this year, the company secured a digital asset custody license from the German financial regulator, BaFin, through its subsidiary, Blocknox GmbH.<\/p>\n\n\n\n Dr. Oliver Vins, the Managing Director of Boerse Stuttgart Digital remarked: \"We are delighted about the deepened partnership with Munich Re, one of the leading and highly regarded reinsurance providers, as it lays the groundwork for delivering a highly secure and insured staking solution to institutional investors across Europe.\"<\/em><\/p>\n\n\n\n \"We have noticed an increasing interest from institutional investors in the staking sector, eagerly anticipating the chance to participate, provided they have complete confidence in the security of the environment.\"<\/em><\/p>\n\n\n\n This strategic collaboration<\/a> reflects the ongoing trend of established financial institutions strengthening their presence in the digital asset sector. As the cryptocurrency industry continues intertwining with traditional investment services<\/a>, institutions like Deutsche Bank, HSBC, and Franklin Templeton recently ventured into various aspects of the crypto space, including custody, tokenization, and Bitcoin ETFs.<\/p>\n\n\n\n Staking<\/a> is a mechanism where individuals lock up their crypto assets for a specified period to contribute to the smooth functioning of a blockchain network. In return for their participation, they receive additional cryptocurrency as a reward. <\/p>\n\n\n\n Some of the most popular cryptocurrencies that employ staking as a crucial component of their consensus mechanisms include Solana (SOL) and Ethereum (ETH). In these networks, staking is pivotal in creating a functional ecosystem. Generally, the larger the stake a validator holds, the higher their chances of adding new blocks to the blockchain and earning rewards.<\/p>\n","post_title":"German Financial Giants Enter Crypto Staking With Fully-Insured Offering","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"german-financial-giants-enter-crypto-staking-with-fully-insured-offering","to_ping":"","pinged":"","post_modified":"2023-09-19 22:31:05","post_modified_gmt":"2023-09-19 12:31:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13458","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Strong U.S. job openings data indicate that we could see one more rate hike this year, while Fed Atlanta President Raphael Bostic already said it would likely be a long time until rate cuts arrive. Fed Chair Jerome Powell also said that the rate-hiking cycle will probably last longer than many on Wall Street want, while Cleveland Fed leader Loretta Mester said that she sees the potential for another rate hike in November if the current state of the economy holds.<\/p>\n\n\n\n Wall Street's three main indexes dropped immediately after the news, and worries over interest rates staying higher for longer continue to keep the 10-year Treasury yield buoyant. Jason Pride, chief of investment strategy and research at Glenmede in Philadelphia, said<\/a>:<\/p>\n\n\n\n \"We do have potentially one more Fed rate hike coming at the tail end of this year. Any strength in the jobs market can push us in that direction and strengthen CPI.\"<\/em><\/p>\n\n\n\n The focus of investors now shifts to the non-farm payrolls report that will be released this Friday for further clues on the state of the U.S. labor market. Financial markets dialed down expectations that the U.S. central bank would keep rates unchanged at its Oct. 31-Nov. meeting and Friday's payroll data should help clarify if the labor market is as strong as the JOLTS report implies.<\/p>\n\n\n\n A stronger-than-expected report on Friday will be the last thing the Fed wants to see, not to mention financial markets, and a recommendation is that investors should continue to take a defensive investment approach. There are expectations of \"market turbulence\" from macro uncertainty, and the upside potential for stocks and cryptocurrencies probably remains limited for the weeks ahead.<\/p>\n","post_title":"Investor Optimism Fell After Strong Jobs Data; Does Strong Selling Activity Indicate The Possibility Of Further Declines In The Coming Weeks?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"investor-optimism-fell-after-strong-jobs-data-does-strong-selling-activity-indicate-the-possibility-of-further-declines-in-the-coming-weeks","to_ping":"","pinged":"","post_modified":"2023-10-08 01:00:23","post_modified_gmt":"2023-10-07 14:00:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13710","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13624,"post_author":"14","post_date":"2023-09-28 22:55:48","post_date_gmt":"2023-09-28 12:55:48","post_content":"\n Shares on Wall Street continue to be under pressure, as worries over interest rates staying higher for longer kept the 10-year Treasury yield buoyant, with investors looking toward the next round of quarterly results as earnings season gets underway. The Federal Reserve kept interest rates unchanged at 5.25%-5.50% last Wednesday but warned that we could potentially see one more rate hike this year, while Chair Jerome Powell said that the rate-hiking cycle will probably last longer than many on Wall Street want. Robert Pavlik, senior portfolio manager at Dakota Wealth, said<\/a>:<\/p>\n\n\n\n \"Historically, an extended period of tight monetary policy has almost always led to an economic contraction. Because of this, there's a lack of conviction or willingness for buyers to step up and support stock prices at these levels, even though there may be representative bargains out there. \"<\/em><\/p>\n\n\n\n Higher rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation. Corporate profits are emerging as the big driver of what the market is likely to do in the near term, but if earnings results fall short of expectations, the stock market's reaction could be severe.<\/p>\n\n\n\n According to LSEG IBES data that was released last Friday, third-quarter earnings for S&P 500 companies are currently estimated by analysts to increase just 1.5% year-over-year, which is slightly down from a week ago, when analysts were estimating a 1.9% year-over-year increase. Micron Technology, Nike, PepsiCo, Delta Air Lines, BlackRock, Citigroup, JPMorgan Chase, Johnson & Johnson, United Health Group, Goldman Sachs, Bank of America, and Wells Fargo are among the companies scheduled to report quarterly results by October 17. A negative financial performance among these companies could lower shares on Wall Street even more, and investors will watch guidance carefully from these companies to determine if profit margins remain healthy and strong.<\/p>\n\n\n\n American Association of Individual Investors (AAII) Sentiment Survey reported last week that bearish sentiment, or expectations that stock prices will fall over the next six months, gained 5.4 percentage points to 34.6%. Pessimism is above its historical average of 31.0% for the third time in five weeks, and investors should keep in mind that stocks aren't the only assets that could significantly lose their value. Cryptocurrencies could also be in the situation to make an even bigger fall, especially if Bitcoin continues to maintain a downside trajectory. There are expectations of \"market turbulence\" from looming recession concerns and macro uncertainty, and the upside potential for stocks and cryptocurrencies probably remains limited for the weeks ahead.<\/p>\n","post_title":"U.S. Stocks Are Under Pressure At The Start Of The Earnings Season. What To Expect In The Upcoming Weeks?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-are-under-pressure-at-the-start-of-the-earnings-season-what-to-expect-in-the-upcoming-weeks","to_ping":"","pinged":"","post_modified":"2023-09-28 22:57:15","post_modified_gmt":"2023-09-28 12:57:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13624","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13458,"post_author":"1","post_date":"2023-09-19 22:26:11","post_date_gmt":"2023-09-19 12:26:11","post_content":"\n Boerse Stuttgart Digital, the German cryptocurrency-focused subsidiary of the Stuttgart Stock Exchange, is gearing up to introduce a fully insured cryptocurrency staking service in 2024. <\/p>\n\n\n\n To enhance the safety and attractiveness of its staking service, Boerse Stuttgart Digital has partnered with Munich Re, a global reinsurance company. Together, they have devised an insurance product designed to mitigate the risks associated with slashing in proof-of-stake blockchains.<\/p>\n\n\n\n Slashing refers to the penalization of validators who violate network rules or engage in malicious activities, often resulting in the suspension or loss of staked tokens.<\/p>\n\n\n\n Boerse Stuttgart Digital is a subsidiary of the Boerse Stuttgart Group, one of Europe's largest stock exchange groups, ranking as the sixth-largest in the region. Earlier this year, the company secured a digital asset custody license from the German financial regulator, BaFin, through its subsidiary, Blocknox GmbH.<\/p>\n\n\n\n Dr. Oliver Vins, the Managing Director of Boerse Stuttgart Digital remarked: \"We are delighted about the deepened partnership with Munich Re, one of the leading and highly regarded reinsurance providers, as it lays the groundwork for delivering a highly secure and insured staking solution to institutional investors across Europe.\"<\/em><\/p>\n\n\n\n \"We have noticed an increasing interest from institutional investors in the staking sector, eagerly anticipating the chance to participate, provided they have complete confidence in the security of the environment.\"<\/em><\/p>\n\n\n\n This strategic collaboration<\/a> reflects the ongoing trend of established financial institutions strengthening their presence in the digital asset sector. As the cryptocurrency industry continues intertwining with traditional investment services<\/a>, institutions like Deutsche Bank, HSBC, and Franklin Templeton recently ventured into various aspects of the crypto space, including custody, tokenization, and Bitcoin ETFs.<\/p>\n\n\n\n
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Top Financial Institutions Embrace Crypto<\/h2>\n\n\n\n
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Top Financial Institutions Embrace Crypto<\/h2>\n\n\n\n
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Top Financial Institutions Embrace Crypto<\/h2>\n\n\n\n
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Top Financial Institutions Embrace Crypto<\/h2>\n\n\n\n
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Top Financial Institutions Embrace Crypto<\/h2>\n\n\n\n
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Top Financial Institutions Embrace Crypto<\/h2>\n\n\n\n
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Top Financial Institutions Embrace Crypto<\/h2>\n\n\n\n
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Top Financial Institutions Embrace Crypto<\/h2>\n\n\n\n
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Top Financial Institutions Embrace Crypto<\/h2>\n\n\n\n
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Top Financial Institutions Embrace Crypto<\/h2>\n\n\n\n
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