Ethereum News Daily Official TheBitTimes.com

Term Finance , a DeFi system that enables fixed-term loans via on-chain auctions, is pleased to announce the integration of Chainlink Price Feeds on Ethereum mainnet. Term now has access to high-quality, tamper-proof price feeds essential to help borrowers monitor collateral values by integrating the industry-leading decentralised oracle network. This will give lenders more assurances of borrower solvency while also providing borrowers with the price information they need to better manage the condition of their collateral. The initial integration will use the following Chainlink Price Feeds: wstETH/ETH, ETH/USD, wBTC/BTC, BTC/USD, USDC/USD, USDT/USD, DAI/USD. They chose Chainlink as the protocol’s go-to oracle solution because its infrastructure is seamless to integrate and time-tested in production. Chainlink already helps secure leading DeFi protocols responsible for tens of billions of dollars in smart contract value, maintaining robust security and high availability even amidst un...

Fed Chair Jerome Powell announced a pause in interest rates, but Bitcoin options data still warns that a BTC price drop to $25,000 is possible. Bitcoin's price has been pinned below $26,300 since June 10, reflecting a 14.8% correction in two months. Meanwhile, the Nasdaq tech stock market index gained 13.6% in the same period, indicating that investors are not exactly fleeing to the safety of cash and short-term debt. In fact, the demand for United States government bonds has been declining for the past six weeks. U.S. 2-year government bond yield. Source: TradingView The yield on two-year U.S. Treasurys, for example, increased from 3.80% on May 4 to 4.68% on June 14. Lower demand for debt instruments increases payouts, resulting in a higher yield. If the investor thinks that inflation will continue above target, the tendency is for those participants to demand a higher yield when trading bonds. The U.S. Treasury is set to issue more than $850 billion in new bills between June and...