Decentralized Exchange Trading Volumes Remain Lackluster in the New Year, Uniswap Leads the Way with Daily Swaps â Defi Bitcoin News
[ad_1] According to statistics, decentralized exchange (dex) monthly trading volumes have dropped significantly since Jan. 2022. After a brief spike in volume in Nov. 2022, dex trade volumes have been lackluster for the past 44 days. As of Jan. 14, 2023, Uniswap version three (V3) has the highest trade volume during the past 24 hours […]
Osprey Vies for Control of Grayscale’s Bitcoin Trust; Tron’s Justin Sun Offers to Invest Up to $1B on DCG Assets â Bitcoin News
[ad_1] Following charges by the U.S. Securities and Exchange Commission against the crypto exchange Gemini and the digital currency lender Genesis, Tron founder Justin Sun told the press that he may be able to purchase assets from Genesis, up to $1 billion, âdepending on their evaluation of the situation.â Additionally, the crypto investment manager Osprey […]
Disgraced FTX Co-Founder Awaits Trial, Passes Time Playing Video Games and Blogging on His New Substack Newsletter â Bitcoin News
[ad_1] The former CEO of FTX, Sam Bankman-Fried (SBF), has published a Substack newsletter on Jan. 12, 2023, and the first post is titled âFTX Pre-Mortem Overview.â In the post, SBF maintains that an âextreme, quick, targeted crash precipitated by the CEO of Binance made Alameda insolvent.â The blog post does not mention the allegations […]
Trump’s NFT Prize Collection Surfaces on Secondary Markets, Generates $53K in 24-Hour Sales â Bitcoin News
[ad_1] Following the launch of Donald Trumpâs non-fungible token (NFT) card collection, winners of the Trump-themed prizes are selling prize NFTs on secondary NFT marketplaces such as Opensea. The Polygon-minted NFTs act as passes for a one-on-one Zoom meeting with the 45th president of the United States and a gala dinner with Trump. During the […]
Crypto Lender Nexo Under Investigation for Alleged Money Laundering, Russian Sanction Violations in Bulgaria â Bitcoin News
[ad_1] According to several reports, Bulgarian law enforcement officials are investigating crypto lender Nexo for alleged money laundering and sanctions violations. Siika Mileva, a spokesperson for Bulgariaâs attorney general, said the probe into Nexo is a large-scale operation involving 300 investigators from various agencies, including the National Security Service, Gendarmerie, and Sofia Police. Bulgarian Law […]
Market Share Increases by 3% Among Global Crypto Assets â Market Updates Bitcoin News
[ad_1] Since Dec. 31, 2022, ethereumâs market dominance has increased by more than 3% among the thousands of crypto assets worldwide, valued at roughly $856 billion on Jan. 11, 2023. According to coinmarketcap.com, a popular coin market capitalization aggregation site, ethereumâs crypto market dominance jumped from 18.4% to its current 19% dominance rating. Ethereumâs Market […]
Study Reveals South Korea’s âKimchi Premiumâ Strongly Linked to International Remittances to China â Bitcoin News
[ad_1] A newly-released study published in December 2022 reveals that South Koreaâs âkimchi premium,â the divergence in cryptocurrency valuations on Korean exchanges compared to Western trading platforms, is strongly associated with a surge in international remittances to China. Examination of Overseas Remittances to China Uncovers Strong Correlation with South Koreaâs âKimchi Premiumâ According to a […]
Gemini Co-Founder Accuses Digital Currency Group of Misrepresentation, Demands CEO Resignation â Bitcoin News
[ad_1] Gemini CEO Cameron Winklevoss has published another open letter on Twitter, addressed to the board members of Digital Currency Group (DCG). In the letter, Winklevoss accuses DCG and CEO Barry Silbert of making poor decisions with the now-defunct crypto hedge fund Three Arrows Capital (3AC), and claims that DCG orchestrated a âcampaign of liesâ […]
Smart Contract Platform Tokens See Double-Digit Gains, Boosting Defi TVL Above $40 Billion â Defi Bitcoin News
[ad_1] Decentralized finance (defi) and smart contract platform tokens rallied on Monday morning (ET) and the total value locked in defi jumped above the $40 billion zone for the first time since mid-December 2022. The top smart contract platform coins by market capitalization increased 7.1% on January 9, 2023, and most have seen double-digit gains […]
New Year Brings Strong NFT Sales, Up 26% in First Week of 2023 With Top 5 Blockchains Seeing Double-Digit Increases â Markets and Prices Bitcoin News
[ad_1] The first week of 2023 saw an upswing in non-fungible token (NFT) sales as seven-day volume increased 26.01% compared to the previous week, totaling approximately $208.99 million in NFT sales. Additionally, the top five NFT-issuing blockchains saw increases over the last week. Bored Ape NFT Collection Leads the Way with $19 Million in Sales, […]