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Upbit Dominates Korean Crypto Exchange Market With a Market Share of 80%: Research
27.10.2023
Upbit has solidified its position as the dominant player in South Korea‘s crypto exchange market, boasting an impressive market share of 80%. According to recent research by DeSpread, Upbit’s market dominance has remained strong throughout the year, with a brief dip to 70%...
Value Locked in Defi Surpasses $40 Billion, Marking a Significant Recovery
27.10.2023
Amid the recent gains in the crypto economy, the total value locked, or TVL, in decentralized finance, or defi protocols, has risen above the $40 billion threshold. This is after remaining below that level since mid-August. The top 100 defi coins by market capitalization are just below the...
BlackRock Bitcoin ETF Has, Since August, Appeared on DTCC Site That Belatedly Moved Markets This Week
25.10.2023
Impulsive trading in crypto markets is nothing new and the movement in the price of bitcoin (BTC) over the past two days over the addition – and then removal – of BlackRock’s proposed ticker for its spot bitcoin ETF on the Depository Trust & Clearing Corp.’s website is just another example
Unraveling the Online Legacy of Satoshi Nakamoto: Bitcoin’s Mysterious Creator
19.10.2023
The mysterious Satoshi Nakamoto appeared online nearly 600 times through emails and forum posts. Records of Nakamoto’s writings indicate he was most active in July and August. While Nakamoto covered many topics, Bitcoin’s inventor was notably visible when sharing new release...
Galaxy Digital CEO Mike Novogratz Foresees Spot Bitcoin ETF Approval in 2023
18.10.2023
Galaxy Digital CEO Mike Novogratz expects a spot bitcoin exchange-traded fund (ETF) to be approved in 2023. “It’s going to get approved, we think it happens this year,” the American investor said on Wednesday. Billionaire and Crypto Investor Mike Novogratz Say There’s Been a ‘Huge Psychological...
Certik Study: $332 Million Lost to Exploits, Hacks and Scams in September, More Than $1.3 Billion Lost in 2023
8.10.2023
In the month of September, digital assets worth approximately $332 million were siphoned from trading platforms via methods that include flash loan attacks, exit scams, and exploits. The value of digital assets stolen through exploits rose from $13.5 million in August to nearly $330 million...
Friend.tech Developers Amass Nearly $20 Million Since August Debut
7.10.2023
The development team behind friend.tech has amassed nearly $20 million in revenue since its launch in August.
According to data from DeFiLlama, friend.tech currently holds the position of the largest revenue-generating application on Base and the second-largest across the entire crypto space. ...
Biggest Movers: MATIC Moves to Highest Point Since August
4.10.2023
Polygon surged to its strongest level since the end of August, as the token extended recent gains. The rally comes despite cryptocurrencies mostly consolidating on Wednesday, following recent declines. XRP was another notable gainer today. Polygon (MATIC) Polygon (MATIC) rose for a back-to-back...
Biggest Movers: BCH Races to 2-Month High, SOL Nears $25
2.10.2023
Bitcoin cash rose to a multi-month high to start the week, as traders pushed the cryptocurrency above a key resistance level. The move came on the heels of the “Uptober” trend, and ahead of a big week of U.S. economic data, headlined by the nonfarm payrolls report. Solana rose to...
August PCE Inflation Data: Federal Reserve's Key Measure Dips, Easing Market Concerns
29.9.2023
According to data released today by the U.S. Burea of Economic Analysis (BEA), the Federal Reserve's preferred metric for inflation, known as the core personal-consumption expenditures (PCE) price index, showed a decrease in August.
The PCE report was released amid growing concerns about...
Biggest Movers: BCH, LINK Move to 6-Week Highs on Wednesday
27.9.2023
Bitcoin cash was once again a big mover, as the cryptocurrency rose by nearly 10% during today’s session. The move saw price climb to its highest level since mid-August, and came as U.S. dollar strength pushed the S&P 500 to a three-month low. Chainlink also rallied strongly...
Hottest tokens gems of August: Flow (FLOW), EOS (EOS), and Shiba Budz (BUDZ)
25.9.2023
As we enter the month of August, three tokens have captured the spotlight as the hottest token gems: Flow (FLOW), EOS (EOS), and Shiba Budz (BUDZ). These tokens have gained significant traction and are poised to make a splash in the crypto market. In this article, we will delve into the features...
MicroStrategy Bought 5,445 Bitcoin for $150M Since August
25.9.2023
The software ompany now holds nearly $4.68 billion worth of the largest cryptocurrency by market capitalization
NFT Sales Doldrums: 30-Day Plunge Sees 34% Decline Amidst Chilling Digital Collectible Sector
24.9.2023
Fresh data indicates a continuing decline in non-fungible token sales, dipping 3.2% in the last week and plummeting 34% over the past month. As September nears its end with six days remaining, NFT sales have tallied up to $341.37 million since August 24. NFT Sales Still Can’t Escape Crypto Winter’s...
Tether Dives Into AI Wave With $420M Nvidia GPU Investment Amid Soaring Demand
21.9.2023
According to a report, Tether, the largest stablecoin issuer by market capitalization, has invested $420 million in 10,000 Nvidia H100 graphics processing units (GPUs). This news emerges during a time of surging demand for artificial intelligence (AI). It also comes after Iris Energy reported...
Coinbase’s L2 Blockchain Base Skyrockets 111% in 41 Days, Overtaking Solana in TVL
21.9.2023
According to statistics, Coinbase’s Layer two (L2) blockchain, built on Ethereum and using Optimism’s open-source OP Stack, has grown significantly in the past 41 days. Since August, when the platform had a total value locked (TVL) of $175 million, the figure has increased 111% to $370...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Recent Gains Ahead of FOMC Decision
20.9.2023
Bitcoin retreated from recent highs on Wednesday, ahead of the upcoming U.S. Federal Open Market Committee (FOMC) interest rate announcement. The Fed is expected to keep rates unchanged, despite inflation rising by more than expected in August. Ethereum also gave up gains in today’s session....
Dex Trade Volumes Plunge 37% Since May; September Volumes Could Be Even Lower
18.9.2023
After capturing $66.5 billion in May, decentralized exchange (dex) trade volumes have fallen for four consecutive months, with August statistics reaching a 2023 low of $41.7 billion. Metrics for the first half of September do not show improvement, with decentralized exchange trade volumes at about...
FTX Restores Full Access to Claims Portal After Cybersecurity Breach
17.9.2023
The portal allowing FTX customers to file claims with the bankrupt cryptocurrency exchange is again fully operational after a recent security incident. User accounts that were affected by the breach in August have been unfrozen, the failed crypto trading company announced. Crypto Exchange FTX...
FTX Claims Portal Back in Action After Cybersecurity Incident in August
17.9.2023
FTX has reopened its customer claims portal, unfreezing user accounts that were affected by a cybersecurity incident in August.
In a recent statement, FTX clarified that the freezing of customer accounts was a precautionary measure and emphasized that additional security measures have been...