In a recent development, FTX, a prominent cryptocurrency exchange, has been granted permission to liquidate its vast digital asset holdings, amounting to approximately $3.4 billion.
DAI News
In a recent event, Justin Sun, the founder of TRON and a member of the HTX Global Advisory Committee, was a prominent figure at the 2023 Milken Institute Asia Summit held on September 14. During this event, Sun had an in-depth conversation with Kirk Wagar, the President of Wagar Global Advisors and Former Ambassador of the US to Singapore.
Visa, the global payments giant, is setting its sights on a future that encompasses more than just traditional currencies and banking systems.
In a week that has been nothing short of transformative for the cryptocurrency landscape in Latin America, two major developments have taken center stage.
Crypto markets extended their downtrend from last week, with ethereum, the second-largest cryptocurrency by market capitalization, falling below $1,655 amid bearish sentiment among traders and a lack of fresh catalysts.
According to CoinGecko, the average electricity bill for a household that mines 1 BTC is $46,291.24, which is 35% higher than the average daily electricity price of 1 BTC of $30,090.08 in July 2023.
Derivatives market CME Group and cryptocurrency benchmark provider CF Benchmarks plan to launch two new Asia-Pacific-specific reference rates.
Delphi Digital published an article stating that MakerDAO recently increased the DAI savings rate to 8%, and this expansion has had a significant financial impact.
According to Messari’s report, Cardano’s average daily dapp transaction volume increased for the third consecutive quarter, and Dapp usage in the second quarter increased by 49.0% quarter-on-quarter, and the average daily transaction volume remained at 57,900.
According to data disclosed by Tom Wan, an analyst on 21co, the parent company of 21Shares, the total market value of Ethereum stablecoins has dropped from 100 billion to 76 billion.
Movements in the tech-heavy Nasdaq 100 tend to have a greater impact on ethereum prices than Bitcoin prices, according to a new report from CME Group.
News on July 26, according to data from DefiLlama, the trading volume of the entire DeFi market on Sunday was only 1.12 billion US dollars, reaching the low of the year.
Fundstrat Global Advisors, a New York-based financial strategy research firm, recently released its latest price prediction for Bitcoin in the coming months.
Respected Ethereum co-founder Vitalik Buterin shared his insights on the topic of “Biometric Proof of Personality” today in a thoughtful article titled “What do I think about Biometric Proof of Personality?”
Prominent Twitter user and cryptocurrency analyst Ali has been carefully tracking the Bitcoin (BTC) chain and has spotted a significant area of resistance.
According to Spot On Chain monitoring, MKR has increased by 16% in the past 24 hours. The MakerDAO founder bought MKR for $1,044 20 hours and 13 hours ago.
Solana probably won’t die, but it won’t live the way it used to.
Since the LUNA thunderstorm and the Silicon Valley Bank thunderstorm triggered a series of black swan events such as the decoupling of the world’s second largest encrypted stablecoin USDC, the market’s distrust of the concept of stablecoins seems to have reached a threshold.
In recent weeks, the price of bitcoin has been capped by regulators and macroeconomic conditions. Since June 22, the bitcoin price has been trading in a tight 4.4% range, fluctuating between $29,900 and $31,160 based on daily closes.
Dylan LeClair, director of market research at BTC Inc., said he believes money corrupts, and therefore everything else.
Bitcoin miners have sent over $1 billion worth of assets to cryptocurrency exchanges in the past two weeks.
WEWE Global is a revolutionary platform that blends cryptocurrency with referral marketing to create a versatile multiservice platform.
Despite regulatory risks, Bitcoin’s illiquid supply hit an all-time high of 15.2 million, according to Glassnode data, suggesting continued market demand.
London, United Kingdom – MineLab Limited, a leading cryptocurrency cloud mining company, is proud to announce the launch of MineLab.bz, a cutting-edge platform that utilizes artificial intelligence (AI) to revolutionize the mining process and deliver substantial daily returns to its users.
Leading derivatives marketplace CME Group has announced that it is extending the expiration dates of its Ethereum and Bitcoin futures and options contracts to daily.
A new report from Kraken subsidiary Staked suggests that ETH’s staking rate could double in the next 18 months.
The latest report from Bitfinex Alpha shows that transaction fees on the Bitcoin network have reached their highest level in two years due to the popularity of meme coins and increased transaction volume of BRC-20 tokens, similar to Ethereum’s ERC-20.
Modular Capital partner James Ho said on social media that Layer 2 (L2) will soon overtake Ethereum (ETH). His assertion is based on the fact that Arbitrum has over $100 million in annual revenue and a net profit margin of 30-40%.