DeFi News Daily Official TheBitTimes.com

Clone, an open-source protocol facilitating the trading of non-native tokens on Solana’s blockchain, announced the launch of its public mainnet featuring Clone Markets and Clone Liquidity, according to the information shared with Finbold on March 1.  The launch marks the arrival of highly liquid markets for non-native assets through Clone’s ‘cloned assets’ (clAssets), promising more accessible and smoother trading on Solana’s platform which already leverages fast transaction processing and low fees.  What does SUI mean for Solana? Despite the scope and activity of its DeFi ecosystem, Solana still lacks a dependable spot trading environment for non-native tokens, as users have been reluctant to provide liquidity to bridged asset trading pools. Picked for you $1,000 invested in XRP at start of 2024 returned 12 mins ago 3 cryptocurrencies under $5 to buy next week 17 hours ago 4 cryptocurrencies to turn $10 into $100 next week 18 hours ago $1,000 i...

The governor of Florida wants to defend people’s right to “do Bitcoin.” Florida Governor Ron DeSantis officially entered the United States presidential race on May 24.  During a Twitter broadcast hosted by venture capitalist David Sacks, DeSantis pledged to lead a “Great American Comeback,” provoking accusations of plagiarism from ex-President and fellow 2024 presidential candidate Donald Trump. Among topics like U.S. immigration policy and the supposed prevalence of “critical race theory,” DeSantis gave significant attention to cryptocurrency during his hour-long presentation. He promised to protect “the ability to do things like Bitcoin” and fight the “central planners” at Capitol Hill. Ron DeSantis on #Bitcoin: “I’ll protect the ability to do things like bitcoin. I don’t have an itch to control everything that people may be doing in this space.” pic.twitter.com/j4wRHZACK5 — Jane Adams (@iLoveJaneAdams) May 25, 2023 DeSantis’ stance on crypto has been fairly consistent over...

The International Monetary Fund projects 2.2% GDP growth and manageable debt, but warns of liquidity risks. The Central African Re public (CAR) has received optimism from the International Monetary Fund (IMF) one year since it adopt ed Bitcoin (BTC). The IMF’s positive outlook reflects the country’s economic prospects and the impact of embracing the leading cryptocurrency. The IMF published a report expressing a more positive view of the country’s economic prospects for 2023. The report indicates a projected rebound in real gross domestic product (GDP) growth to 2.2%, attributed to factors such as the base effect and policy adjustments leading to enhanced fuel supply. The IMF also anticipates an average inflation rate of 6.3% for 2023. According to the IMF document, the projected public debt of the CAR is expected to remain sustainable. However, the report highlights the presence of significant liquidity risks, as indicated by relevant debt indicators. These risks arise from poten...