Bitwise Launches Non-Custodial Onchain Vault for Stablecoin Yield
- Non-Custodial Vault Structure: Bitwise's launch of a non-custodial onchain vault on the Morpho protocol focuses on stablecoin yield with a target return of up to 6%, allocating capital to overcollateralized lending markets to provide investors with risk-managed yield opportunities.
- Smart Contract Risk Management: The vault automates capital allocation through smart contracts, ensuring user funds remain under user control while reducing counterparty risk and maintaining transparency, with all transaction records publicly viewable on the blockchain.
- Institutional DeFi Expansion: As asset managers treat DeFi as core financial infrastructure, Bitwise's vault strategy marks its direct entry into decentralized finance, addressing investor demand for yield without direct protocol interaction, reflecting a growing need for managed DeFi access.
- Intensifying Market Competition: Onchain yield has become a priority across major crypto platforms, with companies like Kraken launching DeFi products based on vault infrastructure; however, risks such as smart contract flaws and collateral price volatility remain critical concerns.
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Technical Analysis for STABLE
Technical Sentiment Analysis for (STABLE) As of , (STABLE) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 5 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for STABLE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, STABLE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
(STABLE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | -0.00242 | 0.00655 | 0.0148 | 0.0237 | 0.0319 | 0.0409 | 0.0491 |
| Fibonacci | 0.00655 | 0.0131 | 0.0172 | 0.0237 | 0.0303 | 0.0343 | 0.0409 |
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