Apr 7, 2025: Our weekly Institutional Insights explores the latest market developments — market performance, industry news, exchange-traded fund (ETF) flows, trending topics, upcoming events and token unlocks — to help you supercharge your crypto trading.

 explores the latest market developments — market performance, industry news, exchange-traded fund (ETF) flows, trending topics, upcoming events and token unlocks — to help you supercharge your crypto trading.

Weekly highlight — Fed not ready to adjust rates 

Federal Reserve Chair Jerome Powell emphasized that the central bank will not rush to respond to the Trump administration's tariffs or the resulting market turmoil stemming from fears of a global economic downturn. At a conference in Virginia, he acknowledged that tariffs could significantly impact the US economy, leading to slower growth and higher inflation. However, he stated that the Fed will wait for more clarity before considering interest rate cuts.

With inflation still elevated, Powell stressed the Fed's responsibility to prevent a temporary price surge from evolving into a persistent inflation issue. Julia Coronado, President and Founder of MacroPolicy Perspectives, noted that due to current inflation levels, the Fed is not as well positioned to offer economic support as during previous trade disputes.. Even if rate cuts become necessary, they’re likely to be delayed and cautious.

Following Trump’s announcement of new tariffs, stocks fell sharply, with the S&P 500 facing its worst week since the COVID-19 lockdowns. Economists have raised concerns that these tariffs could lead to a recession, prompting increased speculation about the timing of potential rate cuts. Powell's recent comments marked a shift from his earlier stance that inflation effects from tariffs would be short-lived.

He reiterated the Fed's commitment to maintaining stable long-term inflation expectations and acknowledged the uncertainty surrounding the tariffs' economic impact. Despite signs of deteriorating consumer sentiment and business spending, Powell argued that definitive data has yet to emerge.

As the Fed prepares for its next meeting, futures markets have adjusted expectations regarding rate cuts. Powell's remarks suggest that a preemptive rate cut is unlikely before assessing the broader economic implications of the recent tariffs.

Weekly crypto highlight — Bitcoin’s resilience amid tariffs’ induced volatility

On Apr 2, 2025, Donald Trump announced aggressive U.S. tariffs: a universal 10% on all imports, with specific rates of 34% on China, 24% on Japan and 20% on the European Union (EU), while notably exempting Russia. This policy shift triggered significant volatility in both traditional and cryptocurrency markets. The announcement’s timing, just after US stock markets closed, appeared strategically timed to limit immediate reaction.

The next day, the S&P 500 fell over 5.1% and the Nasdaq Composite dropped more than 5.6%, reflecting investor fears of economic disruption and rising inflation. This was the fifth-worst trading day of the 2020s, reminiscent of Black Thursday in March 2020. In contrast, Bitcoin showed resilience, trading at around $81.7K, only a 6% decline from its recent low, indicating that investors may see cryptocurrencies as hedges against geopolitical uncertainties.

Trump framed the tariffs as the start of a "Liberation Day," introducing a two-tier system: the universal tariff effective April 5, with reciprocal tariffs on about 60 countries starting April 9. This approach aims to counteract existing tariffs on U.S. goods, compelling nations and regions like China, Japan and the EU to reconsider their trade policies.

Asian countries face severe impacts, with tariffs as high as 49% on Cambodia and 48% on Laos. Supporters view these tariffs as negotiation tactics, challenging nations to accept favorable trade terms or incur higher export costs. Trump argues this will lead to fairer trade conditions, while critics warn of potential retaliatory tariffs, increased costs for American consumers and broader economic uncertainty.

The success of this policy depends upon whether nations opt for cooperation over confrontation. Proponents believe nations will negotiate to avoid losing access to the lucrative US market, potentially boosting US jobs and profits.

Amid this turmoil, Bitcoin has shown surprising stability, holding at around $80K despite traditional market volatility. Its drawdown was significantly less severe than that of major stock indices, suggesting it may be viewed as a safe haven during economic uncertainty.

Factors contributing to Bitcoin’s resilience include its decentralized nature, which insulates it from traditional market shocks, and growing acceptance as a legitimate asset class. Continued institutional interest, driven by entities such as Strategy and BlackRock, reinforces its appeal.

In conclusion, Bitcoin's strength amid tariff-induced volatility underscores its potential as a digital asset, and signals a growing acceptance among investors seeking stability in uncertain economic times. This could signify a pivotal shift within the world’s financial landscape toward viewing cryptocurrency as a mainstream financial instrument.

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Weekly Institutional Insights: Tariffs rattle market as Bitcoin holds better than TradFi

Current US president Donald Trump introduced a universal 10% tariff on imports and higher specific rates for countries like China and Japan, signaling a major shift in US trade policy.

On Apr 2, 2025, Donald Trump announced aggressive US tariffs, including a universal 10% levy on all imports alongside specific rates of 34% on China, 24% on Japan and 20% on the European Union (EU), while the absence of tariffs on Russia was a notable exception. This policy shift resulted in significant volatility in both traditional and cryptocurrency markets.

The timing of Trump's announcement was widely speculated to be strategic, occurring shortly after US stock markets closed in order to mitigate immediate market reactions. However, the following day, Apr 3, 2025, saw substantial declines: the S&P 500 dropped over 5.1%, and the Nasdaq Composite fell more than 5.6%, reflecting investor anxieties about potential economic disruptions and heightened inflation. 

This marked the fifth-worst trading day of the 2020s, with parallels drawn to the infamous Black Thursday in March 2020. But in stark contrast, Bitcoin displayed remarkable resilience, trading around $81.7K, a mere 6% drop from its local bottom of $77K recorded on Mar 10, 2025. This stability suggests that investors may increasingly be viewing cryptocurrencies as a hedge against geopolitical uncertainties, since Bitcoin’s decentralized nature allows it to operate independently of tariffs and supply chain disruptions that affect traditional assets.

Trump characterized the tariff announcement as the beginning of a "Liberation Day," introducing a two-tier system where the universal 10% tariff would take effect on Apr 5, 2025, while reciprocal tariffs targeting around 60 countries would follow on April 9. This reciprocal approach aims to counterbalance existing tariffs imposed by other nations on American products, pushing countries and regions like China, Japan and the EU to reconsider their trade policies. During his speech, Trump presented a chart illustrating the disparities in tariff rates, using it to justify the administration's stance on the need for these measures to correct long-standing trade imbalances.

The implications for Asian countries are particularly severe, with many facing the highest tariffs, including Cambodia at 49%, Laos at 48% and Madagascar at 47%. Economists who favor proactive trade policies view these tariffs as a negotiation tactic, often referred to as a "game of chicken," whereby the US essentially dares other nations to either accept new, more favorable trade terms or face increased costs for their exports to the US. 

Trump argues that many countries impose heavy taxes on American goods that make them less competitive abroad. He believes that by introducing these tariffs, other nations will be compelled to lower their own export taxes on US products, fostering fairer trade conditions. However, critics warn that this strategy could backfire, potentially igniting a trade war damaging to every country and area involved. They express concerns that retaliatory tariffs from other countries might lead to increased costs for American consumers and economic uncertainty for businesses. 

The success of Trump's tariff policy ultimately hinges on whether other nations choose cooperation over confrontation. Proponents of the strategy argue that countries might fear losing access to the lucrative US market, prompting them to negotiate more favorable terms for American exports. If successful, this could theoretically boost US jobs and profits.

In summary, as the situation evolves, the effects of these tariffs on global trade dynamics and market stability remain to be seen, with potentially far-reaching implications for both traditional and cryptocurrency markets.

Amidst the tumultuous landscape created by the recent tariff announcements, Bitcoin has demonstrated a surprising level of resilience. Despite the significant volatility affecting traditional markets, Bitcoin maintained robust support around $80K, showcasing its ability to withstand external economic pressures. This stability is particularly noteworthy when compared to mainstream public equities, which experienced substantial declines in response to the tariffs.

The magnitude of Bitcoin's price drawdown was considerably less severe than that of many established stocks, highlighting its unique position in the financial ecosystem. While indices such as the S&P 500 and Nasdaq Composite plummeted over 5%, Bitcoin's relatively mild decline suggests that investors may increasingly view it as a safe haven and alternative asset during times of economic uncertainty.

This resilience can be attributed to several factors. First, Bitcoin's decentralized nature allows it to operate independently of traditional market dynamics and geopolitical influences, making it less susceptible to the same shocks that impact equities tied to physical goods and international trade. Additionally, the growing acceptance of cryptocurrencies as a legitimate asset class has bolstered investor confidence, leading to a more stable demand for Bitcoin, even in volatile environments. In particular, Strategy’s (formerly MicroStrategy) continued accumulation of Bitcoin and BlackRock’s launch of ETP products in Europe continues to cement Bitcoin’s unique position in equity portfolio allocation.

Furthermore, the current market sentiment indicates a shift in the way that investors perceive Bitcoin, particularly as an effective hedge against inflation and geopolitical risks. As traditional markets grapple with the ramifications of aggressive tariff policies, Bitcoin's ability to hold steady at the $80K level may attract more institutional interest, reinforcing its position as a viable alternative investment.

In conclusion, Bitcoin's resilience within the tariff-induced volatility not only highlights its potential as a digital asset, but also suggests a broader acceptance among investors seeking diversification and stability in uncertain economic times. This comparative strength against mainstream equities could signal a pivotal moment in the evolution of cryptocurrency as a mainstream financial instrument. 

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Bybit x Santiment: Tariffs-led whipsaw solidifies Bitcoin’s resilience

Our weekly crypto derivatives analytics report delves into macro events; the current state of crypto and trading signals from spot trading volume; and futures, options and perpetual contracts.

As markets near US president Trump's "Liberation Day" for tariffs, crypto remains volatile. BTC has dropped from a local high of $88K to $82K amid signs that tariffs will affect many countries. Implied volatility has spiked and then eased. Other derivatives market metrics show that BTC and ETH volatility smile skews remain significantly skewed toward puts, a level last seen in March 2023.

Please check out the report’s highlights.

BTC options show signs last seen in March 2023

As crypto prices remain highly correlated with macro-sensitive assets, the week began with a surge in short-tenor implied volatility for BTC and ETH. The sell-off continued as President Trump announced tariffs affecting about 90 countries. BTC's front-end volatility quickly fell below longer maturities, and short-dated volatility smiles briefly favored OTM puts, reminiscent of levels seen during the March 2023 US banking crisis. 

SOL options remain the least traded among major cryptocurrencies (i.e., BTC and ETH), but there was a significant rise in call options this week, dominating both volume and open interest. Following the Mar 28, 2025 expirations, many contracts weren’t reopened, with the notional size of call contracts decreasing from over $3.2M to around $2.5M. However, there has been a slight increase in the notional size of open put options, as traders respond to a continued decline from the January all-time high of $250.

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Bybit X Block Scholes crypto derivatives analytics report (Apr 2, 2025): BTC option skews show a bearish sign last seen in 2023

Fidelity recently announced that it would be launching its own stablecoin, to be pegged to the US dollar. Learn more here.

After first making headlines upon filing paperwork for its very own money market fund, Fidelity seems to be taking the next step toward this grand goal by issuing its own 

 pegged to the US dollar could be the start of a multi-stage scheme to help crypto achieve mainstream adoption.

If you're new to fund-issued stablecoins, or perhaps a crypto beginner whose attention has been piqued, you might be wondering how Fidelity’s stablecoin could impact the crypto market. From highlighting how the Fidelity stablecoin differs from its other fiat-backed counterparts (e.g., 

) to elaborating on the possible motives for launching it, here's everything you need to know about the proposed Fidelity stablecoin.

Founded in 1946, Fidelity Investments has built a reputation as a leader in financial services. To date, it's managed trillions of dollars in assets for individuals and institutions alike. 

Known for its innovative approach to investing, Fidelity has consistently stayed ahead of the curve by embracing new technologies and trends. From mutual funds to retirement accounts, it's fair to say that Fidelity is a trusted name in finance, and has successfully established its presence, thanks to its storied legacy in financial services.

Fidelity’s foray into crypto isn’t new. With the demand for digital asset services growing larger over time, the company has quietly been building its presence in the crypto space through 

 since 2018, with dedicated service that provides custody and trading services for institutional and individual investors.

By launching its own stablecoin, Fidelity is taking this commitment toward 

 innovation to the next level, signaling its belief in the long-term growth potential of digital assets.

Like many of its popular stablecoin counterparts, Fidelity’s stablecoin is pegged to the US dollar. This ensures price stability, a critical feature for traders looking to mitigate risk amid 

. Built on blockchain technology, this stablecoin is ostensibly designed to integrate seamlessly with Fidelity’s broader ecosystem of tokenized financial products. This means users can expect a secure, efficient and transparent digital asset that aligns with Fidelity’s high standards.

 like Tether’s USDT and Circle’s USDC dominate the market, Fidelity’s offering brings something unique to the table: trust. As a regulated financial institution with decades of experience, Fidelity offers a level of credibility that few other stablecoin issuers can match. Furthermore, its focus on regulatory compliance positions it as a safer alternative for both retail and institutional investors.

Fidelity’s stablecoin represents a deliberate effort to integrate its institutional expertise with blockchain’s efficiencies. By creating a dollar-pegged digital asset, the firm aims to serve as a trusted intermediary for clients navigating both traditional and crypto markets. Moreover, the Fidelity Digital Assets division has already laid the groundwork through Bitcoin custody services and 

. The proposed stablecoin extends this infrastructure, allowing institutional investors to transition seamlessly between volatile cryptocurrencies and stable-value instruments without exiting Fidelity’s ecosystem.

The stablecoin market has grown exponentially, surpassing $200 billion in 2025. This surge is largely being driven by demand for volatility hedging and cross-border payment efficiency. Fidelity recognizes that traders and institutions increasingly require reliable on-ramps between fiat and crypto. Its stablecoin offers a compliant alternative to incumbents, such as Tether and Circle, who face lingering skepticism about reserve transparency. By entering this space, Fidelity would not only meet immediate demand, but position itself as a leader in institutional-grade digital assets, thus appealing to risk-averse entities.

The US regulatory landscape under the current administration has shifted decisively toward crypto-friendly policies, and the Stablecoin Innovation Act and the GENIUS Act are advancing through Congress, aiming to establish clear rules for reserve backing and 

 compliance. Designed with Treasury reserves and audit transparency, Fidelity’s stablecoin aligns with these impending standards. By proactively adopting regulatory best practices, Fidelity avoids the scrutiny faced by Tether — and positions its stablecoin as a “gold standard” for institutional adoption.

Stablecoins generate revenue through interest earned on reserve assets. For example, Tether reported over $6 billion in net income in 2024 from its treasury holdings. Fidelity already manages $80 billion in its Treasury Digital Fund, and can potentially monetize its stablecoin reserves while offering competitive yields to clients. This creates a dual revenue stream, consisting of fees from asset management and interest from stablecoin reserves.

The stablecoin market remains dominated by Tether and Circle, but their retail-focused models leave room for institutional alternatives. Fidelity’s brand reputation, combined with its existing relationships with hedge funds and pension plans, gives it a unique edge. For example, its stablecoin could integrate directly with retirement accounts, allowing 401k participants to allocate to crypto without custody risks. This differentiation is critical as rivals like BlackRock and Franklin Templeton expand their tokenized offerings.

While details are still scarce, the following are some likely use cases for the Fidelity stablecoin.

Using Fidelity’s stablecoin for staking

One of the most exciting use cases for Fidelity’s stablecoin is staking. For traders and investors, staking offers an opportunity to 

 by locking up their assets in support of blockchain networks. With Fidelity’s stablecoin, users could stake their holdings with confidence, knowing they’re backed by one of the most trusted names in finance.

Enhancing market liquidity and capital efficiency

Fidelity’s stablecoin is also expected to enhance liquidity across trading platforms. By providing a reliable medium of exchange that 

 fiat currency and digital assets, this stablecoin could streamline trading operations and reduce transaction costs, creating a win-win for traders and exchanges.

Facilitating real-world asset (RWA) tokenization

Fidelity's stablecoin is strategically positioned to drive the tokenization of RWAs by democratizing access through fractional ownership of commodities and real estate, thus streamlining the trading and settlement of tokenized securities as a stable exchange medium. This could ultimately foster a more efficient and transparent payment ecosystem for tokenized goods and services.

How will this impact the current crypto landscape?

Legitimization and mainstream adoption of crypto

Fidelity's established reputation within traditional finance lends significant credibility to the crypto space. This legitimacy can alleviate concerns among mainstream investors who have been hesitant, due to perceived risks or a lack of understanding. By offering a regulated stablecoin, Fidelity signals that digital assets are becoming a legitimate part of the broader financial landscape, encouraging greater participation from institutional and retail investors alike. This increased confidence can lead to wider adoption of crypto-related products and services, integrating them into everyday financial transactions.

Market stabilization and increased liquidity

The substantial capital that Fidelity brings to the market can significantly increase liquidity, reducing price volatility and making crypto assets more attractive to traditional investors. Increased liquidity facilitates smoother trading and reduces the risk of significant price swings, creating a more stable and predictable market environment.

Fidelity's involvement encourages dialogue between regulators and established financial institutions, leading to clearer and more comprehensive regulatory frameworks for stablecoins and other digital assets. By leveraging its existing compliance and risk management expertise, Fidelity can contribute to the development of robust security standards and best practices for the crypto industry. This increased regulatory clarity and security can reduce the risk of fraud and market manipulation, fostering greater trust and confidence among investors.

he introduction of a regulated stablecoin from a trusted institution can accelerate the integration of traditional financial products and services into the 

 (DeFi) space. Such integration can lead to the development of innovative financial instruments, such as tokenized securities and decentralized lending platforms, bridging the gap between TradFi and DeFi while allowing for far greater capital efficiency within the DeFi space.

Driving crypto infrastructure standardization

Fidelity's participation can drive the development of standardized infrastructure and interoperability protocols, facilitating seamless transactions across different blockchain networks and traditional financial systems. This standardization could improve the efficiency and scalability of the crypto market, thereby enabling greater adoption and integration with existing financial infrastructure.

What are the challenges that Fidelity may face?

While Fidelity's late entry into the stablecoin market is promising, due to its institutional credibility and regulatory focus, it does face substantial challenges. At the top of the list of Fidelity’s potential challenges: competing with established stablecoin giants like USDT and USDC will require Fidelity to demonstrate superior transparency, security and seamless integration of the Fidelity stablecoin within existing ecosystems. 

Building trust with a potentially hesitant crypto native demographic and overcoming established network effects will also require strategic partnerships, competitive incentives and a flawless track record in maintaining a stable peg to the US dollar.

The regulatory environment surrounding stablecoins is rapidly evolving. Recent developments such as the 

 (GENIUS) Act signal a more favorable stance toward crypto in the United States. For companies like Fidelity, this creates an opportunity to innovate within clear regulatory frameworks while addressing concerns around transparency and accountability. However, this evolving legislative landscape doesn't mean that Fidelity is out of the woods yet. This is especially so because regulations aren’t uniform across all jurisdictions. Therefore, Fidelity will need to demonstrate regulatory agility and adaptability to navigate these varying requirements.

Lastly, while there’s speculation that the Fidelity stablecoin could play a huge part in the company’s tokenized money market fund offering, there’s currently nothing set in stone. This is due to the inherent complexities of integrating a newly launched stablecoin into existing financial products, as well as the need to navigate potential regulatory hurdles related to that integration. Since Fidelity Digital Assets and 

 are two separate entities, there will likely be some coordination needed before Fidelity can incorporate its stablecoin into its onchain bond market.

Fidelity’s launch of its own stablecoin marks an important milestone in the evolution of digital finance. By combining stability with trust and regulatory compliance, this new offering has the potential to reshape the way traders interact with crypto. For beginners looking for a safe entry point into crypto, as well as experienced traders seeking reliable tools for staking and liquidity management, Fidelity’s stablecoin offers an enticing proposition. 

Likewise, for institutional traders, the proposed stablecoin provides a compliant and secure bridge between traditional finance and DeFi, unlocking new avenues for managing assets and diversifying portfolios. While challenges remain, Fidelity’s entry is poised to accelerate the integration of digital assets into mainstream finance, ultimately paving the way for wider adoption and innovation.

Intermediate

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Fidelity’s new stablecoin: A bold step into crypto stability

Bybit Learn

Blockchain

Bluzelle is a Cosmos-based blockchain that allows the GameFi community to develop quality blockchain games, store game NFTs and leverage DeFi yields.

 is a decentralized network that’s transforming the way digital creations are stored on the 

. Its main goal is to provide users with the necessary tools, features and technical capacity to store and manage data without censorship. This detailed analysis of the project will help potential investors decide if they want to invest in BLZ, its native token.

According to its official website, the project’s three main features are quality play-to-earn (P2E) games, decentralized storage and financial products related to GameFi.

 in 2014. The co-founders initially focused on developing 

 for banks. Ultimately, the team realized an urgent need for a decentralized storage system for DApp developers. The decentralized storage would allow GameFi participants to scale and store their data without the drawbacks associated with a centralized database.

To meet the storage needs of decentralized apps, the Bluzelle blockchain relies on a system of participants who provide storage space to users. A user rents as much storage space as needed at a reasonable price. Since no central governing body regulates the mechanism, everything takes place in a decentralized environment.

Those who provide the storage are known as producers, and those who use the service are known as consumers. The innovative system of producers and consumers ensures that DApp developers can build GameFi apps without worrying about their storage needs. Likewise, gamers can store NFTs and manage their storage needs without the high cost associated with such tasks.

While Bluzelle is not the only project offering this solution, it has quite a few unique characteristics. For instance, it's one of the few blockchains designed specifically for GameFi. It also offers decentralized web hosting on the Bluzelle testnet. Similarly, the technology is compatible with multiple blockchain platforms.

Other features that make it stand out among competitors are:

The primary purpose of the Bluzelle blockchain is to provide scalable, safe and fast database services for the development of DApps. Game developers and GameFi participants will have the required capacity to store and use the massive amount of data needed to operate GameFi apps in a Web 3.0 environment.

While there are a variety of blockchain projects that offer general file storage, such database services don't address the needs of GameFi developers and players. Most of these services are centralized, unsecured and expensive.

To solve the riddle, the Bluzelle network relies on participants to rent out their redundant storage to developers and other users. In order to encourage participation, any participant who shares their storage is compensated with BLZ.

As mentioned, network participants who share their storage are known as producers, while those who use the storage are known as consumers. Whenever a consumer uploads data, it is stored across clusters of nodes spread across the globe. The storage space on multiple nodes prevents problems caused by network faults, human interference and natural calamities. Besides offering security, the configuration also makes data locally accessible to DApp developers, resulting in faster performance.

Since anyone can become a producer, the blockchain uses strict parameters to maintain reliability. For instance, if you want to rent your storage space, you’ll need to stake BLZ in proportion to the space you provide. As an internal token, BLZ helps run the Bluzelle crypto economy.

Staking BLZ serves as a guarantee to consumers that you intend to provide a reliable service. If the service is substandard, the consumer has the right to ask for a refund.

 to analyze the performance of individual producers. A below-par service will reduce your Karma Index. In contrast, if your Karma Index is high, you can charge a higher storage fee consummate with your reputation.

It's worth noting that Bluzelle uses a dual-token system: BLZ and ERC-20 BLZ. The native token within the blockchain is BLZ. In contrast, the ERC-20 BLZ is an external token used for trading on exchanges. It's based on the 

 concept, and you can buy it from any one of the crypto exchanges that offers it.

Bluzelle is designed for GameFi enthusiasts; and from a user perspective, the entire ecosystem revolves around GameFi. Here are some features to help you understand its utility.

Real-time gameplay consists of a four-stage game loop. You can battle others and play in tournaments. Winning battles will give you game currency and open additional options for players on the leaderboard. You can use BLZ to invest, 

 tokens, while your NFTs can be stored on the decentralized storage network, 

Bluzelle Net is a Cosmos-backed proof-of-stake ledger that can complete 10,000 transactions per second at a minimal cost to the user. The Bluzelle network is powered by 

 technology. This combination of Cosmos and Tendermint is particularly useful for database applications.

Bluzelle R2 is often dubbed a solution to the existing 

 (IPFS) protocol, currently used to store NFTs.

While IPFS is considered the gold standard, its lack of immutability is a concern. IPFS offers decentralization, but doesn't assure decentralized storage. In other words, an NFT sits on a single node that can go down without any option to recover it. This is where the R2 storage comes into play.

The Bluzelle R2 decentralized storage network is particularly useful for storing NFTs and related data. Amid the rise of R2, several NFT communities shifted their resources to decentralized storage. It's reliable because it stows data across multiple nodes around the world. In addition, the technology uses a consensus mechanism that ensures only you can update your data.

The Bluzelle project lets users aggregate DeFi projects in the Cosmos ecosystem. It 

 with leading Defi Aggregator Frontier to support staking on mobile platforms, using its native token. Users can lend, earn and stake a yield on blockchain game assets.

Similarly, Tidal Finance, a Balancer-like insurance market, allows users to create customizable insurance pools. In this 

, buyers retain their ability to transfer their insurance contracts via the tradable insurance tokens.

Over the years, the Bluzelle development team has partnered with many notable DeFi projects to expand their ecosystem. These partnerships include such notable names as Ankr,  Equilibrium, Phala Network, Mintable.app, TomoChain and Genesis Shards.

 are designed differently from those of other networks. Instead of receiving a fixed amount of rewards, users receive daily variable rewards based on existing market conditions. The unique staking mechanism is conceived to encourage loyalty, tenure and larger stakes.

There are two types of staking rewards: Network fees and incentive rewards. Rewards from network fees are shared among all participants according to their stakes in the network. Validators are also allowed to get a commission from delegators. You can see your rewards in the staking dashboard.

Incentive rewards encourage users to participate in the network at an early stage. Such rewards are distributed daily. You’ll not see these rewards in the dashboard. Instead, they show up directly on your available balance sheet.

At this time, the official website doesn't endorse a particular wallet. However, you can store BLZ on various third-party wallets, such as Ledger and Trezor. You can also store and stake the native token on the Frontier mobile wallet. 

As an all-inclusive GameFi ecosystem that offers lucrative game development and investing opportunities, Bluzelle makes sense as an investment opportunity. Here’s why:

The team behind Bluzelle is actively trying to solve real-world problems; however, there are a couple of loopholes that require critical insight. Before investing, keep an eye on the following:

Bluzelle provides safe and secure data storage services.

 is one of many organizations that have successfully used the BLZ blockchain to store its data on secure clusters. Using the blockchain, Quadrant can offer 100% decentralized data asset verification to its users without relying on traditional centralized sources and cloud solutions.

Bluzelle has a variety of other uses. For instance, it has partnered with

 to offer user-friendly domain name and database operations to both tech and non-tech users. With Portal Network, users can buy a customized, human-readable domain name for their crypto wallet address. The resulting webpage can also interface with the Bluzelle database for 

After the launch of the mainnet in early 2021, the team focused on three major tracks: Mainnet, Oracles and Polkadot. Here’s an overview of Blluzelle’s recent developments:

Several new features were added to the mainnet: Support for 

, inter-blockchain connections with other chains, and docker support for quick setup of new nodes. As of mid-2022, the team is actively working on improving network governance and designing a proof of storage protocol.

 will showcase the power of its database, which is why the development team is giving the oracles their utmost attention. Due to the great demand for decentralized database storage, the team is striving to offer inter-blockchain support, as well as ensuring advanced security triggers, fast pricing intervals and high-quality price data. The team even employs a five-step data-cleaning process to make certain the prices given are the most fair and accurate at the time.

: By the end of 2022, the team expects to achieve full interoperability with 

. This requires designing a viable economic model of using DOT to pay for Bluzelle services.

There’s a total supply of 500 million BLZ. Almost 10% of the tokens are reserved for staking rewards. The initial coin offering (ICO) helped raise $19.5 million when it launched in January 2018.

Currently, there are approximately 340 million BLZ in circulation. 

As mentioned above, the Bluzelle ecosystem uses a dual token system: ERC-20 BLZ and BLZ. The ERC-20 BLZ is an external token used for trading in exchanges, while BLZ is a native token within Bluzelle's own blockchain. Both tokens can be used to: 

You can buy BLZ from any of the popular crypto exchanges. Bybit is among the very few crypto exchanges that also offer BLZ as a perpetual contract. Perpetual contracts are similar to spot trades, but they offer traders an opportunity to hold a leveraged position. You can trade them as easily as traditional crypto without worrying about the expiration date.

Follow these guidelines to buy BLZ/USDT perpetual contracts on Bybit:

, you’ll need to buy USDT before converting it to BLZ.

Bybit offers a variety of ways to buy USDT, e.g., with your credit card. Depending on your location, Bybit may also offer deposit methods that include bank transfer, local third-party payment processing and Google Pay.

After completing the transaction, the USDT amount will show on your account.

 section from the top menu of the Bybit page. Select 

to purchase BLZ/USDT perpetual contracts.

It's logical to evaluate a cryptocurrency based on its utility, team, road map, major investors and community.

Bluzelle has a lot in its favor. Its founders have years of experience working in the gaming industry. Similarly, the project has extensive utility for GameFi apps and the related ecosystem. It has also forged strong partnerships with other companies.

Even with these advantages, there’s room for improvement. For instance, it's often difficult to find documentation, working papers and a road map for the project. The official website lacks pertinent information. Perhaps this is one of the main reasons why Bluzelle is still trying to attract a fervent following, despite the project's appeal to gaming enthusiasts.

Generally, Bluzelle is a good investment because it offers opportunities to investors who are willing to hold onto it long-term.

Since 2019, the price and the market share of BLZ have increased significantly. Now it's up to the team to convince the GameFi community to support their project. Ultimately, the response from gamers and game developers will dictate the direction of Bluzelle in the coming months.

Bluzelle helps solve real-world problems that have hindered GameFi development. It's well-positioned to become a leader in the GameFi world. If you're thinking about investing in Bluzelle, it's wise to evaluate it from a long-term perspective. Successful marketing of the project, community development, and a streamlined road map are essential for its future development. 

Bluzelle (BLZ): The Cosmos-Based Blockchain for GameFi

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards