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Derivatives trading accounted for about 74% of the roughly $4 trillion crypto market volume last month, the data show. While the bulk of derivatives trading took place on centralized exchanges (CEX), decentralized exchanges (DEX) accounted for $68.7 billion, with dYdX taking a 62.6% share. Source
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A lawyer representing thousands of crypto enthusiasts in the case brought against Ripple by the Securities and Exchange Commission (SEC) suggested a verdict could be delivered by May 6, 2023. In an April 5 interview with Thinking Crypto, John Deaton, a cryptocurrency lawyer and XRP supporter, said that Judge Analisa Torres,
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The U.S. sold 9,861.17 bitcoin ($216 million) on March 14, according to a court filing. Source
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“It’s just not economically viable for us to continue to operate in the current U.S. regulatory and economic environment,” said Bittrex co-founder and CEO Ritchie Lai in the statement. “Regulatory requirements are often unclear and enforced without appropriate discussion or input, resulting in an uneven competitive landscape,” he continued. “Operating
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The registration dates for Mt. Gox creditors have been pushed back by another month. According to the announcement, the deadline has been pushed from March 10 to April 10, allowing creditors to file their claim for another month.Along with the extension for the registration deadline, the distribution deadline has been
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The exchange continues to dominate, despite facing increased regulatory scrutiny, a report by CryptoCompare shows. Source
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Bitcoin (BTC) exchange Coinbase has remained a firm “buy” for ARK Invest throughout its recent price drop.The latest data shows ARK continuing to buy COIN shares despite bankruptcy concerns over Silvergate bank, a major Coinbase partner.ARK ETF keeps topping up on Coinbase stockIn the latest demonstration of its fearless approach
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Amazon CEO Andy Jassy is very much confident about the growth of the NFT space and we might soon see NFTs trading on Amazon this year. E-commerce giant Amazon.com Inc (NASDAQ: AMZN) is reportedly gearing up for the launch of its NFT platform very soon. As per details the launch shall
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Bitcoin (BTC) moved just 0.03% last month in U.S. dollar terms, making February 2023 likely its least volatile in history. Data from Coinglass from after the monthly close confirms that BTC/USD went practically nowhere for four weeks straight.Bitcoin monthly candle barely leaves a traceTo say that Bitcoin is less volatile than
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