The Bitwise Bitcoin Fund grew from $4 million to nearly $9 million over the past year. The increase is boosted by the investors’ fear of inflation.
17,000 BTC is equivalent to $182 million based on the current price of Bitcoin, which is now still below $11,000.
Ernst & Young’s blockchain analyzer with its inbuilt Explorer & Visualizer solutions makes it possible for internal audit teams and accountants to search for specific transactions, addresses, and blocks to gather relevant information.
DeFi project Uniswap has reached a milestone of $2 billion in total value locked (TVL). The news is encouraging, considering that earlier in the month it launched its token UNI.
Bitfinex will provide perpetual contracts to traders 24 hours a day seven days a week, unlike equity exchanges that are open for business five days a week.
Binance has announced another project on its Binance Launchpool called Venus. Users will be able to get new token rewards in return for staking BNB, BUSD and SXP tokens.
At the time of writing, its market price was trading around $10,866.30. Notably, Bitcoin was up 32.5% in the past 12 months, down 5.9% in the past 30 days, and up 1.6% in the last 24 hours.
New-York-based cryptocurrency exchange Gemini has finally decided to include support for DeFi tokens looking at the latest frenzy around DeFi coins in the market.
Hong Kong’s pick of ConsenSys for phase two of its proposed cross-border payment system is a recognition of ConsenSys stride in the blockchain space.
As global central banks work to implement their own CBDCs, Ripple through RippleNet and XRP is eyeing to connect different global CBDCs.
Ahead of its $35 billion IPO in Hong Kong and China, Ant Group has launched a cross-border blockchain platform for trading.
The study showed the global spread of users of cryptocurrencies. It highlighted that the majority of them are located in North America and Europe.
The EU has realized that the future of finance is digital and Valdis Dombrovskis has indicated that the regulatory push will help to prevent market segmentation within the EU.
Stablecoins value has now hit $20 billion, a new surge. Growing investors’ demand to caution themselves from COVID-19 pandemic effects on crypto and traditional markets is attributed as the main reason.
After rising to its all-time high, $8.40, on September 18, UNI token has lost approximately 38% of its value.