Cryptocurrency Analysis and News Portal
More than 80% of all nonfungible token (NFT) transactions were worth less than $10,000 in 2021 according to Chainalysis which categorized them as "retail" in recent research.A Dec. 6 report from blockchain analytics firm Chainalysis titled “The 2021 NFT Market Explained” detailed NFT transaction trends throughout 2021. Researchers at Chainalysis
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The average trade size on Curve Finance ranges from $500,000 to $1 million, while deals on other prominent DEXs like Uniswap V3, Uniswap V2, SushiSwap, and Balancer V1 average between $10,000 - $20,000. That’s nearly ten times larger than the average trade size of $2,000 - $4,000 seen on centralized
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Almost half of retail investors in Russia believe that cryptocurrencies like Bitcoin (BTC) are a hedging asset associated with stable income, according to a new survey.Financial publication Investing.com has polled 1,000 Russian retail investors to find out the most requested types of alternative investments.According to a survey of 1,000 Russian
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A major tech-focused e-commerce platform, Newegg, has announced that SHIB is coming soon to its platform. Newegg currently accepts cryptocurrencies via Bitpay. The crypto payment service provider is expected to add SHIB support soon, according to AMC Theatres CEO Adam Aron who said his company will start accepting SHIB for
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Shiba Inu (SHIB) edged further down on Nov. 24 as its appeal among the army of retail traders, who helped it rally by more than 535% to a record high of $0.00008854 earlier this year, declined.SHIB’s price dropped by nearly 60% after establishing the said all-time high on Oct. 28,
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E-commerce giant JD.com took payments in China’s central bank digital currency (CBDC) at a massive local shopping event.JD.com accepted digital yuan (e-CNY) for payment on its e-commerce application for the Singles Day promotion period which began on Oct. 31 and ended on Nov. 11, the firm confirmed on Thursday.Singles Day
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Authorities in Kazakhstan have introduced restrictions on the amounts of cryptocurrency retail investors can buy on local exchanges. Officials explained the decision citing the need to protect private individuals from exposure to the risks associated with digital financial assets. Investors in Kazakhstan Can Buy up to $1,000 in Crypto a
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Kazakhstan has limited the amount of money local retail investors can put into crypto, domestic news website Kapital.kz reported on Wednesday.Retail investors can invest 10% of their annual income or 5% of their total assets, excluding their main residence, up to $100,000 per year, as long as they provide evidence
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The Securities and Futures Commission, or SFC, in Hong Kong is reviewing regulations surrounding virtual currency transactions, including whether individuals can invest in exchange-traded funds, or ETFs.According to a report by South China Morning News on Nov.3, the 2018 regulations limited transactions of cryptocurrencies via funds or trading platforms to professional investors
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I think instead of taking the paternalistic Elizabeth Warren approach, of thinking you need to be the nanny here, it would be a lot more prudent were regulators to actually try and be the real cop on the market. They need more sticks and not more carrots. So, actually enforce
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