DeFi’s explosive growth has helped UniSwap emerge as one of the most popular DEXs today in the market. The UniSwap exchange processes over $1 billion in daily transactions.
The most expensive NFT sale was made after the successful purchase of virtual plots of land on Axie Infinity valued at $1.5 million.
For now, the new age of digital finance is regarded as more problematic than beneficial. The superiority of blockchain is often underestimated and questioned as world governments see more danger coming into existing banking systems.
Hester Peirce wants more precise cryptocurrency regulations amidst crypto adoption by big companies.
The founder expects that SBI Holdings will take advantage of the cryptocurrency boom to make the area its key earner.
Elon Musk said that too much concentration of DOGE coins in the hands of big players is a matter of concern and thus he wants big holders to sell their coins.
Nevada governor Steve Sisolak said the proposal would turn Nevada into “the epicenter of this emerging industry and create the high-paying jobs and revenue that go with it.”
The Bitcoin price action on Sunday was most likely supported with fresh buying on Asian exchanges. However, BTC price has partially retraced from its ATH and found good support at $46K.
The recent surge in the price of Bitcoin came after a series of events that show the wider adoption of Bitcoin globally.
The fundraising round of Synthetix is the first time when the project directly governed by a DAO raises funds. Investing in Synthetix, Coinbase Ventures, Paradigm, and IOSG are bringing something valuable to the project.
Ripple founding member Jed McCaleb continues with his aggressive XRP dumping and has reportedly made more than half-a-billion dollars in gains by selling XRP over the last 8 months.
The news about the Morgan Stanley Unit Counterpoint Global’s probable bet on Bitcoin has sent the price of the currency to a new all-time high.
The final phase of the TrueFi launch should initiate the beginning of a highly functional, cross-chain uncollateralized lending platform, equally able to serve institutions, retain users, and lend to other protocols.
A move by US banks to adopt Bitcoin could be a huge call to legitimize the entire crypto industry and is likely to influence other global banks.
BitPay is joining forces with Apple Pay as more institutions are inclining toward cryptocurrencies, influenced by Tesla’s $1.5B investment in Bitcoin.