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After witnessing the post-election rise in crypto asset prices and ETF flows, here’s another data point backing up a sentiment shift: 56% of 430 surveyed financial advisers say they’re more likely to allocate to the space because of the November results. 

This number came from the Bitwise/VettaFi report we referenced a couple times this week as the companies teased findings before the formal release.

We mentioned, for example, that just 35% of advisers say they’re able to buy crypto for client accounts. Looking a bit deeper, 71% of these financial pros said at least some of…

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This is a segment from the Forward Guidance newsletter. To read full editions, subscribe.

Back in September, the market priced one of the most aggressive cutting cycles I’ve ever seen, with multiple 50-basis point cuts priced in that would swiftly take us to 3% on the fed funds rate in 2025. Fast forward to today, and it’s a completely different story, with one to two cuts at best priced for 2025.

Let’s dig into what has driven the change and what to expect.

Below is a chart that compares the effective federal funds rate (EFFR) against the two-year Treasury note. 

There’re a few takeaways we can grab from comparing these two yields:

Throughout the last… Read more on Blockworks

Transaction URL: https://bithomp.com/explorer/3EEBA0DC9D4078C476501D5E32E31B85BFC25913E43B14425874753EB21C1BC1

Transaction URL: https://blockchain.com/btc/tx/bc75a106ec123d182fb6cc22ca3f9936c0db7fb0b0c6ecfc99bd65d46c11bf1d

ThorChain founder JP Thorbjornsen and the development team have decided to pause the ThorFi Savers and Lending programs for the next 12 months. The decision, announced Thursday, comes after consultations with key community members, devs and node operators, according to the project’s Discord.

Thorchain is a decentralized liquidity protocol that enables cross-chain asset swaps without the need for wrapped tokens or centralized exchanges. It allows users to trade native assets like Bitcoin, Ethereum and others directly on the platform, using its native token, RUNE, to facilitate transactions and secure liquidity pools. But the protocol is undergoing a major restructuring to make it…

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Transaction URL: https://whale-alert.io/transaction/solana/4JFce71NTgahoJt8A8aJFgZS2kKPvU688nUogJNUSszvaYpDanu7CfpvYEtLkpYCzXtxh6ykKraP8DxV39CWhzvF

Transaction URL: https://etherscan.io/tx/0x89e7fae9ead518249b33c5492c99ab4ecb30614cd881c0c1c1d4eadd35144afa

This is a segment from the Empire newsletter. To read full editions, subscribe.

ICYMI, Sol Strategies announced that it was investing CAD $25 million ($17.4 million) in the Solana ecosystem earlier this week. 

CEO Leah Wald told me ahead of the new year that Sol Strategies was focused on building up the “next level” of its business strategy. 

Obviously, given Sol’s focus, the firm is gonna be bullish on the ecosystem, but Wald noted how pleasantly surprised she was at the amount of developer activity and overall enthusiasm for Solana right now. 

She is skeptical, however, about a solana ETF being approved in the US “anytime soon.”

“I think there’s…

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