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Here’s How Much DYDX Has Evolved Since its Launch
DYDX has become the powerhouse of the layer-1 dYdX blockchain, enabling decentralized governance on the network.
Binance Faces Stiff Competition as This Bitcoin Metric Declines: Kaiko
Binance’s market dominance in trading smaller tokens and altcoins also dropped from 58% to 50.5%.
Feeling Bearish? Here Are Three Bullish Developments for Bitcoin’s Future
BTC’s price has been gradually declining in recent days but things might improve soon.
Transaction Fees Plunge to 35% of Bitcoin Miner Revenue Post-Halving: CryptoQuant
Transaction fees have fallen from $80 million on the halving day to $6 million as of April 26.
Here’s How Much DYDX Has Evolved Since its Launch
DYDX has become the powerhouse of the layer-1 dYdX blockchain, enabling decentralized governance on the network.
Binance Faces Stiff Competition as This Bitcoin Metric Declines: Kaiko
Binance’s market dominance in trading smaller tokens and altcoins also dropped from 58% to 50.5%.
Feeling Bearish? Here Are Three Bullish Developments for Bitcoin’s Future
BTC’s price has been gradually declining in recent days but things might improve soon.
Transaction Fees Plunge to 35% of Bitcoin Miner Revenue Post-Halving: CryptoQuant
Transaction fees have fallen from $80 million on the halving day to $6 million as of April 26.
Institutional Interest in Crypto Assets Surges in Canada: KPMG Report
KPMG’s survey in Canada indicates a 75% surge in investors holding crypto assets, a significant increase from 29% two years ago.
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FDIC Denies That Potential Signature Buyers Must Give Up Crypto
A Reuters report previously stated that any purchaser of Signature Bank must agree to divest from crypto clients, a statement the FDIC has now denied.
Undeterred by Fears of a Banking Crisis, ECB Raises Interest Rates by 50bps
The European Central Bank (ECB) has convened to raise three of its key interest rates by 50bps (0.5%), fueled by the persistence in the inflation numbers reported by the bloc. Christine Lagarde, president of the institution, stated that the banking sector in Europe was resilient and that the institution was ready to provide liquidity if […]Was This the Bitcoin Bottom Signal? Fed Pivot Not Far Away According to Analyst
The banking crisis following SVB’s collapse has the market pricing in lower interest rates far sooner than previously expected.
‘Next Round of Bailouts Is Here’ — Bitcoin and Precious Metals Soar Amid Speculation of Fed Policy Change
At around 7:30 a.m. ET, the price of bitcoin skyrocketed past the $27,000 range to a high of $27,025 per unit. Precious metals, or PMs, like gold and silver, also rose between 1.98% and 2.12% against the U.S. dollar over the past day. While many market observers are wondering why specific assets like PMs and […]“Buy the F***ing Pivot:” Arthur Hayes on Bank Bailouts and Bitcoin’s “Endgame”
Hayes believes the Fed’s plan to save the banking system is just repackaged QE, which will trigger another bull market for financial assets.
Stablecoin Supply Plummets After Depegging Event: $7.4B Dollar-Pegged Tokens Withdrawn From Circulation
During the past 11 days, over 7 billion USDC stablecoins have been withdrawn from circulation, with most of the redemptions occurring following the depegging event of USDC on March 11, 2023. Furthermore, since March 6, a total of 439.48 million BUSD stablecoins have been redeemed.Stablecoin Depegging Event Triggers Billions in Redemptions
The stablecoin […]
Elon Musk Mocks Jim Cramer’s Market Advice
Twitter’s boss scoffed “Mad Money’s” host, saying “the Force is strong with inverse Cramer.”
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US Senator: Signature Bank Collapsed Because It Embraced Crypto Customers Without Sufficient Safeguards
U.S. Senator Elizabeth Warren alleges that Signature Bank failed because it “bought into its get-rich-quick narrative” and “embraced crypto customers with insufficient safeguards.” Emphasizing that the bank took “excessive risk,” the senator demanded answers from the CEO of Signature Bank regarding “the economically disastrous outcomes you created.” Senator Elizabeth Warren’s Letter to Signature Bank’s CEO […]Payment Giant Stripe Clinches $6.5B Funding at $50B Valuation
Stripe said that it doesn’t need the capital to run its business.
