European users of Austria-based Bybit EU can now borrow funds against their existing crypto holdings, using them as collateral to buy or sell more assets.
The decline in volatility across asset classes likely reflects expectations for easy monetary policy and economic stability; however, some analysts are warning of potential downside risks.
Zhao will remain an adviser as Story Protocol enters its next phase under SY Lee’s leadership, while he launches Poseidon to bring AI into frontier industries like science and space.
The crypto market cap rose 13% in July with ether leading altcoins higher, stablecoins overtaking Visa and tokenized stocks surging 220%, Binance Research said.
Rick Rieder cited strong earnings, high yields and low volatility as drivers of today’s favorable investing climate, while warning complacency remains a risk.