Benjamin is a Telecommunication Engineering graduate who is passionate about crypto-markets and unraveling market trends. Armed with data, charts and patterns, he's interested in making the intricate, complex landscape of digital assets easier for every user.
DAI’s $240B record weekly transaction volume eclipsed the rest of the stablecoins combined.
Referencing the recent dismissal of the SEC claim against the Coinbase Wallet, Paul Grewal reiterated that the SEC can’t claim Uniswap is a broker.
Velar, a Bitcoin native DeFi protocol, has unveiled and listed its native token, VELAR, across major DEXs and CEXs.
Interestingly, the number of failed transactions from normal users was below 7%. That indicates that bots have overwhelmed Solana’s ecosystem.
Grayscale’s BTC holding was down to 361.79K, from 624.28K Bitcoins it held by January 11, before ETF conversion.
On March 12, the spot ETFs hit a new record of $1 billion (over $14.7K BTC) in net inflow, with BlackRock’s iShares Bitcoin Trust (IBIT) dominating at $849M.
Arthur Hayes believes that USDT and USDe have risks, and both could ultimately fail. However, the failure could be linked to different reasons, given Ethena’s superior approach.
Solana recorded about $15B in DEX volume in the past seven days, translating to a +153% weekly change.
Over $800M of the $1B in liquidation was accounted for by long positions, meaning leveraged bulls recorded massive losses.
Before the conversion on January 11, GBTC held 624.28K BTC but this amount has since dropped to 434.36K BTC as of March 4.