New project: a crypto bank could be launched in Russia. We deliver all the details in this article.
After trailing Bitcoin for most part of a decade, Ethereum has toppled the OG crypto in monthly and weekly spot trading volume on centralized exchanges. Market data ties this trend flip to recent trends, including increased institutional adoption of Ether, as well as capital rotation from BTC to ETH.
American crypto-focused prediction platform Polymarket has been granted operational greenlight after the U.S. Commodity Futures Trading Commission (CFTC) issued a no-action notice to two entities linked to the company. This action follows the application for regulatory relief in July.
Ethereum has rebounded from its end-of-July drop, trading just a few levels shy of its all-time high (ATH), as buyers flood its current price level. Amid this notable trend, market observation tools have spotted an interesting on-chain activity: Ether net outflows have skyrocketed in the past month. This data suggests that crypto participants may be positioning for potential profit-taking.
Digital asset exchange Bitfinex has spotted an interesting trend: grassroots demand for Bitcoin has outpaced supply. Bitfinex’s recent findings come at a time when the apex asset continues to carve strong upward price trajectories amid interest from top industry players. More so, this supply shock indicates the growing appeal of the OG crypto among new market participants despite its high value.
JUP surged 12% on Monday with rising volume and bullish signals. Analysts believe the token could be heading toward $1.
The crypto market is experiencing a resurgence, driven by a wave of enthusiasm for memecoins and a spectacular increase in trading volumes on decentralized platforms. This rise reflects a combination of technological innovation and unparalleled financial prospects. As transactions intensify and records are broken, a new dynamic is establishing itself within this rapidly expanding ecosystem. However, beyond the spectacular figures and tales of quick enrichment, an essential question arises: who are the true beneficiaries of this new gold rush in the digital realm?
Decentralized exchanges (DEX) have just reached a new decisive milestone in the crypto universe, despite a global economic context in full turbulence. While centralized exchanges are under pressure, decentralized platforms like Uniswap, Pancakeswap, and others are seeing their popularity and trading volumes soar. This marks a major transition within the crypto ecosystem, where decentralization is gaining more and more ground in light of concerns regarding the security and transparency of traditional platforms.