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Despite the Crypto Market Downturn, DAO Treasuries Grew by $700 Million Since January
1.10.2022
Since January 2022, the entire crypto economy has shed $1.36 trillion in value, as the market capitalization dropped from $2.34 trillion to today’s $979 billion. While the crypto economy is down in value, trade volumes are lower, and the value locked in decentralized finance (defi) has shed...
Report: Uniswap Seeks to Raise $200 Million in Fresh Capital at $1 Billion Valuation
1.10.2022
The largest decentralized exchange (dex) platform by global trade volume, Uniswap, is looking to raise between $100 and $200 million, according to a report citing people familiar with the company. The funding round is currently in a nascent stage as the report claims Uniswap has been...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Continue to Consolidate Ahead of U.S. Consumer Sentiment Data
30.9.2022
Bitcoin continued to trade below $20,000 on Friday, as market sentiment remained mostly unchanged heading into the weekend. The world’s largest cryptocurrency attempted to climb towards this milestone, but declined as it encountered a hurdle on the relative strength index (RSI). Ethereum...
China, Hong Kong, Thailand, and UAE Trial Cross-Border Transactions With Digital Currencies
29.9.2022
The monetary authorities of four jurisdictions in Asia have carried out tests with international settlements using state-issued digital currencies. Cross-border payments and foreign exchange transactions totaling over $22 million were made as part of the pilot project with the participation of...
Settlements With China — Russia Plans Next Step for Digital Ruble
28.9.2022
Russia intends to use its digital ruble, to be introduced early next year, for payments with its key ally, China. Authorities in Moscow hope other nations will be willing to adopt the Russian digital currency in trade, which will allow the country to circumvent sanctions imposed over the Ukraine...
California Launches Crackdown on 11 Crypto Firms Accused of Operating Ponzi Schemes
28.9.2022
The California Department of Financial Protection and Innovation (DFPI) has cracked down on 11 cryptocurrency companies that are accused of violating California securities laws. Nine of the firms reportedly solicited funds from investors in order to trade cryptocurrencies on the customer’s...
Why Russia’s Plans to Use Digital Ruble in Trade with China is Positive for all Crypto
27.9.2022
In the aftermath of its aggression against Ukraine, Russia is intensifying plans to use its central bank digital currency (CBDC), the digital ruble, in the country’s trade with China. The development could encourage other nations across the world to use CBDCs in mutual settlements with foreign...
Ironbeam Lets You Trade Bitcoin and Ether Nano Futures Contracts Commission Free
26.9.2022
Ironbeam is a U.S. registered Futures Commission Merchant (“FCM”​) which offers trading on crypto nano futures thanks to a partnership with Coinbase Derivatives. The brokerage charges no commission* on these Bitcoin and Ethereum contracts, as well as requiring low margin. Trade...
Russia Starts Developing Mechanism for International Crypto Payments
25.9.2022
Financial authorities in Russia have begun work on a mechanism to facilitate the employment of cryptocurrencies for settlements with other nations amid sanctions. The country’s central bank and finance ministry have already agreed on a draft law regulating cross-border crypto payments....
Southeast Asia’s Largest Bank DBS Launches Self-Directed Crypto Trading Amid Institutional Demand
25.9.2022
The largest bank in Southeast Asia, DBS, has launched self-directed cryptocurrency trading via its app. More customers are now qualified to access the bank’s digital asset exchange and trade cryptocurrencies, including bitcoin and ether. DBS Launches Self-Directed Crypto Trading DBS,...
Coinbase counters WSJ claim its Risk Solutions group engaged in $100M proprietary trade
22.9.2022
In a blogpost, Coinbase said the WSJ seemed to confuse the nature of a transaction earlier this year made using money raised through a structured note that was later sold
Biggest Movers: XRP Remains Close to 4-Month High, as LTC Rebounds on Wednesday
21.9.2022
XRP remained close to a four-month high on Wednesday, following a recent breakout of a key resistance level. The token was above $0.4000 for a second consecutive session, which happened for the first time since June. Litecoin also edged higher, after prices rebounded following recent losses....
Can EOS Token Break Out of the Horizontal Trade Range?
21.9.2022
The current price movement of EOS is very encouraging for long-term investors, but the crypto market as a whole is observing an outflow due to macroeconomic factors. Moreover, many governments across the world have been trying to regulate the crypto economy because it can be dangerous...
Merge Flippening Predictions Fail as Ethereum’s Market Dominance Drops 13% in 30 Days
19.9.2022
During the last 35 days, ethereum has lost a significant amount of market dominance leading up to The Merge. On August 14, 2022, the second leading crypto asset by market capitalization, ethereum, had a market dominance of around 19.5% but three days after the transition to proof-of-stake (PoS)...
Biggest Movers: ATOM Moves Closer to 4-Month High, LINK Also Higher
16.9.2022
Cosmos was once again in the green, as the token moved closer to a four-month high during Friday’s session. Prices rose past a key resistance level during the day, as bullish sentiment continued to rise. Chainlink also traded higher, as prices surged for a third straight session. Cosmos...
Profit From DeFi and Metaverse Tokens With PrimeXBT Leveraged Trading
16.9.2022
The DeFi sector has struggled over the last year for various reasons, and the once magma-hot Metaverse trend has cooled off considerably. These disruptive emerging assets aren’t dead, markets are simply cyclical, and interest in these futuristic technologies will return again in a significant...
Market Wrap: Markets Trade Lower Despite Success of Ethereum Merge
15.9.2022
Ether falls more than 9% at one point as traders “sell the fact” following a nearly seamless Ethereum Merge. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Thailand Bans 'Depository Services', Chinese Court Says Investors Can Trade Crypto, Coinbase-BR Partnership + More News
15.9.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Thailand Bans 'Depository Services', Chinese Court Says Investors Can Trade Crypto, Coinbase-BR Partnership + More News
Crypto for foreign trade: What do we know about Iran’s new strategy
15.9.2022
Iran has decided to legalize the use of crypto in cross-border payments, which could impact how some countries view crypto
Russian Prime Minister Orders Finance Ministry, Central Bank to Agree on Crypto by December
15.9.2022
The central bank and the finance ministry in Moscow have been asked by the head of the Russian government to agree on a vision for the development of the country’s digital asset market by Dec 1. Working with other regulators, they should also present a common position on the legislation...