First Mover Americas: Hawkish Fed Trade May Not Be Over Yet
The latest moves in crypto markets in context for May 4,2022. Source
Read More
Trade
Bitcoin trader keeps $40.8K BTC price target amid warning over risk asset ‘pain trade’
Bitcoin (BTC) consolidated below $40,000 on May 5 after United States economic policy excitement saw a spike to one-week highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewFed sparks little crypto reactionData from Cryptox Markets Pro and TradingView confirmed an overnight peak of $40,050 on Bitstamp following comments from the Federal Reserve and
Read More
Blockchain can transform international trade, but big hurdles remain
The Covid-19 pandemic represents the single largest challenge to global trade for decades. With restrictions of varying severity coming in and out of force around the world on a rolling basis for the past two years, normality for international trade is by now hard to remember. In 2020, world trade
Read More
Derivatives, Spot Markets, Dex Swaps — 30 Day Crypto Trade Volumes Slipped Across the Board Last Month – Market Updates Bitcoin News
Digital currency markets have been tumultuous during the past month as bitcoin shed 15.43% and ethereum dropped 17.49% against the U.S. dollar. Moreover, crypto spot volumes are down 18.95% lower than the month prior, and both futures and options volumes were down in April as well. Lower than average trade
Read More
Value Locked in Defi Drops Below $200 Billion, April’s Dex Trade Volume Drops 21% Lower Than March – Defi Bitcoin News
While the crypto economy shed billions this week, the total value locked (TVL) in decentralized finance protocols slipped under the $200 billion range to $196.6 billion. The TVL in defi lost roughly 3.16% during the last day, and the $592 billion in smart contract protocol tokens dropped in value by
Read More
Ethereum Name Service NFTs Overtake BAYC in Daily Trade Volume
Daily trade volume of Ethereum Name Service domains on OpenSea has overtaken BAYC Source
Read More
Bank of Russia Seeks to Allow Stock Exchanges to Trade Digital Assets – Regulation Bitcoin News
The Central Bank of Russia has recently proposed authorizing traditional stock exchanges to operate in the digital assets market. Industry watchers say the regulator aims to provide investors with an option to trade cryptocurrencies in a controlled environment. Russian Stock Exchanges to List Digital Financial Assets, Central Bank of Russia Suggests Stock
Read More
NFT Trade Volume Jumped 23% Higher This Week Capturing Close to $1 Billion in Sales – Markets and Prices Bitcoin News
Non-fungible token (NFT) sales have increased by 23.56% over the last week, as $945.2 million in sales were recorded across 15 different blockchains during the last seven days. NFT sales stemming from Ethereum jumped 29.16% in seven days, gathering $863.2 million in sales or 91.32% of the $945.2 million in
Read More
Russian tax authority proposes using crypto as a foreign trade payment tool
Russia's Federal Tax Service (FTS) has joined the debate around crypto regulation in Russia with an unexpectedly blunt proposition — to let Russian companies use digital currencies as a payment method when transacting internationally.On April 20, local newspaper Izvestia reported that the FTS left its official feedback on the draft of
Read More
China-based regulatory and trade associations target NFTs in latest risk notice
The China Banking Association, the China Internet Finance Association and the Securities Association of China issued a joint statement warning the public about the “hidden risks” of investing in nonfungible tokens, or NFTs.In a Wednesday notice, the three associations launched initiatives aimed at encouraging innovation in the crypto and blockchain
Read More