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Crypto News

A&G, a Leading Spanish Bank, Dives into Crypto with Launch of New Investment Fund

Spanish private bank A&G has introduced Spain's inaugural crypto investment fund, reflecting the increasing acceptance of cryptocurrencies in the nation. Driven by considerable investor interest in crypto assets, A&G asserts that professionally supervised funds can enhance safety and regulation in crypto investments. The fund will offer exposure to cryptocurrencies like Bitcoin and Ethereum, accounting for 50% to 100% of the portfolio through token-linked financial instruments. However, it is essential for prospective investors to understand the fund's long-term nature, as it may not be suitable for withdrawals within four years.

cryptonews - 1126 ngày trước

Japan's PM Fumio Kishida Expresses Full Support for Web3 Technology

At the WebX Conference, Japan's Liberal Democratic Party's Policy Research Council Chairman, Koichi Hagiuda, and Japanese Prime Minister, Fumio Kishida, expressed support for Web3 technology. Hagiuda highlighted Japan's regulatory environment and commitment to fostering Web3's growth. Meanwhile, PM Kishida emphasized Web3's transformative potential and its role in driving social change. He hoped the conference would inspire influential projects, particularly in the Metaverse space. As part of the "Cool Japan" technology promotion strategy, the Liberal Democratic Party proposed measures to boost Japan's cryptocurrency industry and position the country as a crypto-friendly and innovative jurisdiction.

U.Today - 1126 ngày trước

US FSC Chairman Proposes Bills for Regulating Crypto and Stablecoins

The House Financial Services Committee, chaired by Representative Patrick McHenry, will hold a markup session on July 26 to discuss several cryptocurrency-related bills. Among them are H.R. 4763, which aims to create a regulatory framework for digital assets, and H.R. 1747, which exempts blockchain developers from acquiring licenses if they don't deal in cryptocurrencies. The focus of the markup is H.R. 4766, introduced by McHenry, seeking regulatory clarity for stablecoins intended for payments. U.S. Representative French Hill emphasized that establishing a regulatory framework will protect investors and prevent financial fraud.

cointelegraph - 1126 ngày trước

XRP Futures Contracts Record $1.2 Billion Open Interest, Investors Show Growing Confidence

Investor interest in Ripple's XRP token has reached a new record, with open interest for XRP futures contracts reaching $1.2 billion as of July 20, according to CoinGlass data. The surge in open interest follows a favorable court ruling in the Ripple vs. SEC case, signaling growing confidence among investors. Binance leads in open interest with $357 million, followed by Bitget and OKX with $198 million and $71 million, respectively. Ripple CEO Brad Garlinghouse praised crypto champions in Congress and criticized the SEC's enforcement-focused approach to the crypto industry. The Ripple vs. SEC case holds significant implications for the broader crypto sector.

U.Today - 1127 ngày trước

OpenAI CEO Sam Altman Unveils Worldcoin Token (WLD) on July 24

Worldcoin Token (WLD), the cryptocurrency associated with Worldcoin's biometrics project, will be launched on Monday, July 24, and is based on the Ethereum Layer 2 platform. Led by OpenAI CEO Sam Altman and backed by investors like Andreessen Horowitz, the project aims to create the world's largest identity system using iris-scanning biometrics. Despite privacy concerns, it has gained significant popularity, with over 2 million digital ID signups and daily signups reaching around 40,000. Worldcoin has also secured $115 million in funding from investors such as a16z, Bain Capital, and Distributed Global in May 2023.

BeInCrypto - 1127 ngày trước

Chainlink Witnessing Surging Interest from Whales in Cryptocurrency Market

Chainlink (LINK) has been attracting attention from prominent investors, with a notable whale making substantial purchases of the cryptocurrency. The recent acquisition of 411,142 LINK tokens, worth $3.3 million, at an average price of $8.06, along with a previous purchase of 65,723 LINK for $7.61, indicates strong support for LINK's potential. These investments have contributed to an 8% increase in LINK's price, propelling it above the $8 mark. The bullish sentiment displayed by these influential investors bodes well for LINK's future performance.

U.Today - 1127 ngày trước

Ripple Applies for Licenses in UK and Ireland After Legal Victory Against SEC

Following the recent landmark court ruling in favor of Ripple by Judge Analisa Torres, stating that XRP is not a security, the company has set its sights on further expansion in Europe. Ripple has applied for registration as a crypto asset firm with the UK's Financial Conduct Authority (FCA) and is also seeking a payment institution license in Ireland. The decision is seen as a significant win for Ripple, and Sendi Young, the managing director of Europe for Ripple, expressed optimism about the company's continued exponential growth in the region.

CoinGape - 1127 ngày trước

French Central Bank's Belief in Distributed Ledger Technology's Potential to Ensure Financial Stability

French central bank sees distributed ledger technology (DLT) as a transparent tool to enhance financial stability. It believes DLT can boost the efficiency of the monetary system and support secure central bank digital currencies (CBDCs). Both private and public sectors are exploring DLT's potential to revolutionize finance, with projects developing stablecoins, cryptocurrencies, and tokenized assets. Wholesale CBDCs, along with retail CBDCs, are seen as a way to manage financial stability effectively in a more digital landscape. DLT's transparency aids law enforcement in tracking illicit financial activities, leading to overall financial stability.

CryptoSlate - 1128 ngày trước

Dormant Bitcoin Whale Resurfaces After 11 Years with 1,037.42 BTC Worth $37.8 Million

An old cryptocurrency wallet that had been dormant for over 11 years suddenly became active, moving a large amount of Bitcoin worth $37.8 million. The owner transferred 1,037.42 BTC to a new wallet, possibly indicating an intention to sell in the future. Dormant whales like this have historically affected Bitcoin's price. The wallet received the BTC back in 2012, during the time when Bitcoin's mysterious creator, Satoshi Nakamoto, was still active. This awakening is similar to past cases where long-forgotten wallets were reactivated.

U.Today - 1128 ngày trước

Google Cloud's Growing Interest in the Rapidly Evolving Web3 Space

Google Cloud is expanding its offerings for Web3-focused products, aiming to be the preferred choice for industry firms and developers. They are developing services like Blockchain Node Engine to help customers become significant players in the Web3 ecosystem. Additionally, Google Cloud offers on-chain datasets and explores AI's potential applications in the Web3 space. The company launched a Web3 startup program in collaboration with various organizations to accelerate Web3 startup growth. This move comes after Google created a division focused on blockchain and distributed computing technologies, showing their warming attitude towards crypto and Web3.

Blockworks - 1129 ngày trước

France's Crypto Market Witnesses Surge as Young Investors Embrace Digital Assets: KuCoin Survey

Young investors are flocking to France's crypto market, with 8% of internet users aged 18 to 60 now involved in cryptocurrencies. KuCoin's survey revealed that 31% joined within six months, and 23% have invested for over three years. Notably, 40% of Gen Z crypto investors in France entered the market in the last six months, despite 60% earning less than 35,000 euros annually. KuCoin's CEO praised Gen Z's fearlessness in shaping the crypto ecosystem, particularly their preference for Ethereum and pursuit of quick returns through NFTs and payments.

Blockworks - 1129 ngày trước

Indonesian Crypto Ecosystem Boosted with New Exchange and Clearing House

The Indonesian government has launched its national cryptocurrency exchange, the only legal platform for trading digital assets in the country. Bappebti, the Commodity Futures Trading Supervisory Agency, confirmed the exchange's opening on July 20, along with a futures clearing house to ensure smooth transactions. Licensed traders have a month to join. Originally planned for 2022, the launch was delayed to June 2023. The exchange aims to foster the Indonesian crypto ecosystem and attract investors, with approximately 4% of the population, nearly 11 million people, having invested in cryptocurrencies in 2021.

cointelegraph - 1129 ngày trước

Japanese Investors Flock to Bitcoin Trading amidst Turbulent Yen Trends

Since the Federal Reserve began raising interest rates in 2022, the Japanese yen has experienced significant depreciation, leading to increased exchange rate turbulence. Traders on Japanese digital asset exchanges are seeking refuge in bitcoin, considered a hedge against traditional finance. Data from Paris-based Kaiko reveals that the share of bitcoin trade volume on Japanese exchanges has risen from 69% to 80% in the first half of this year, reaching $4 billion in June, a 60% YTD increase. This trend is fueled by the yen's decline against the U.S. dollar and Japan's regulatory framework for cryptos.

coindesk - 1129 ngày trước

Morgan Creek CEO Mark Yusko Anticipates 887% Surge in Bitcoin Price

Mark Yusko, CEO of Morgan Creek Digital, predicts Bitcoin's price could surge to $300,000, representing an 887% increase from current levels. He compares Bitcoin to gold, suggesting it could reach the same market cap, around $12 trillion. As half of gold's value is not used as money, Yusko believes Bitcoin can replace that portion, making its market cap $6 trillion. He believes Bitcoin's superiority as a store of value and ease of transfer make the $300,000 target inevitable, though the exact timeframe is uncertain.

The Daily Hodl - 1130 ngày trước

Bitcoin's Hash Rate Skyrockets by 661% in Just 2 Years: Data Reveals

Bitcoin miners are facing challenges due to the volatile market, but the hash rate, which measures the cryptocurrency's computational power, has surged by 661% in the last two years. This increase signals the network's robustness, according to CryptoQuant CEO Ki Young Ju. The upcoming halving event will cut miners' rewards in half. Despite the high hash rate and mining difficulty, miners are still selling significant amounts of BTC for profit, possibly indicating new miner behavior. The Ordinals' craze also contributes to the network's strength as miners deploy more mining machines.

CryptoPotato - 1130 ngày trước

XRP Searches on Google Reach 1-Year High, Reflecting Surging Demand

XRP, a digital currency connected to Ripple, saw a significant increase in price recently due to a legal victory against the SEC. As a result, searches for "how to buy XRP" and "how to buy Ripple" surged to their highest levels in a year. Singapore, Hong Kong, Slovakia, Finland, and Denmark showed the most interest in purchasing XRP, while Lebanon, North Macedonia, Trinidad & Tobago, Croatia, and Lithuania searched for buying Ripple. The court ruling and renewed investor optimism led to a 71% price increase in XRP over the past week.

Finbold - 1130 ngày trước

UK Takes Strong Stance Against Treating Crypto as a Form of Gambling

The UK Treasury has rejected the idea of regulating cryptocurrencies as gambling. The Financial Services Minister stated that treating crypto as gambling goes against global recommendations. Instead, the UK government believes that a financial services regulatory framework is more suitable to address the risks associated with crypto. They are already working on regulating the crypto market, aiming to create safe conditions for innovation. The government supports the potential efficiencies of crypto in financial markets and payments, aligning with their ambition to become a crypto hub. They also plan to establish sandboxes for blockchain experimentation.

cryptonews - 1130 ngày trước

Binance Report Reveals Crypto Industry's Strong Performance in First Half of 2023

The global crypto industry has shown resilience and growth in the first half of 2023, according to a report by Binance. Key highlights include a 43% increase in DeFi and rising NFT volumes. Bitcoin's network has experienced significant growth, with a 185% increase in trading volume and a 58% spike in transactions. The report also mentions Bitcoin's dominance and correlation with traditional finance. Solana and BNB Chain performed well among layer-1 chains. Positive market sentiment is driven by factors like the filing of a Bitcoin ETF and Ripple's win against the SEC.

CoinJournal - 1130 ngày trước

Growing Interest in Bitcoin Spot ETFs Could Bring $30 Billion in Demand, NYDIG Report Reveals

A recent report by NYDIG suggests that the introduction of Bitcoin spot-based exchange-traded funds (ETFs) could generate $30 billion in new demand for the cryptocurrency. The growing interest in spot ETFs, exemplified by filings from BlackRock and Fidelity, has contributed to this optimism. NYDIG highlights the benefits of a Bitcoin ETF, including brand recognition, ease of purchase and sale, simplified reporting and risk measurement, and tax reporting. While gold ETFs hold only 1.6% of global gold supply, Bitcoin funds hold 4.9% of the total Bitcoin supply, indicating significant potential for increased demand.

coindesk - 1131 ngày trước

Cryptocurrency Bank Launched with Backing from Myanmar's Shadow Government

Myanmar's first crypto-based bank, the Spring Development Bank, is scheduled to launch on July 22. It aims to provide financial services and support to the country's shadow government and citizens. Operating on the Polygon blockchain, the bank offers faster and more efficient domestic and international payments, along with a range of financial products. Backed by Myanmar's exiled National Unity Government (NUG), it issues fiat-pegged stablecoins. The bank is licensed and regulated by the NUG-controlled interim central bank, marking a significant move towards restoring financial freedom in Myanmar.

cointelegraph - 1131 ngày trước

Tesla's Bitcoin Investments Maintain $184 Million Position on Balance Sheet in Q2

Tesla maintained its digital asset holdings at $184 million on its balance sheet in the second quarter, despite the rising price of bitcoin. Accounting rules prevent unrealized gains on cryptocurrency from being recorded. Tesla had purchased $1.5 billion worth of bitcoin in February 2021 but later sold about 75% of its stack. CEO Elon Musk expressed openness to increasing bitcoin holdings in the future. Tesla's digital asset holdings remained unchanged in Q2 2023, with the company having maintained the same level since Q4 2022.

Blockworks - 1131 ngày trước

Long-Dormant Ethereum ICO Participant Transfers $116M in ETH to Kraken

A dormant wallet containing $116 million worth of Ethereum was recently transferred to the Kraken crypto exchange. The wallet had been inactive for eight years since its participation in Ethereum's initial coin offering (ICO) in 2014. During the ICO, the Ethereum Foundation raised $18.3 million by issuing 60 million ETH tokens to early investors. This successful ICO paved the way for other projects to raise funds through token sales. The recent transaction, which incurred a fee of 0.00168 ETH ($3.21), included a test transaction to ensure accuracy. The identity and motive of the wallet owner remain unknown.

Decrypt - 1131 ngày trước

French Financial Regulator Grants License to Societe Generale, Paving the Way for Crypto Services

Societe Generale's cryptocurrency division, SG Forge, has become the first company in France to receive a license from the financial regulator to offer crypto services. The license allows SG Forge to buy, sell, exchange, and store digital assets. While many crypto firms are registered with the regulator, SG Forge is the first to obtain a license. This licensing process ensures compliance with organizational, financial, and business conduct requirements. SG Forge sees this approval as a significant milestone for their role in the crypto assets ecosystem, particularly for their Ethereum-based stablecoin, CoinVertible (EURCV).

coindesk - 1131 ngày trước

SkyBridge Capital CEO Anthony Scaramucci Envisions Trillions of Dollars Pouring into Crypto

Bitcoin advocate Anthony Scaramucci, CEO of SkyBridge Capital, believes that digital assets like Bitcoin will revolutionize the financial system, attracting trillions of dollars to the crypto markets. He highlights the potential of blockchain and cryptocurrency to disintermediate transactions, eliminate third-party fees, and enable trustless bilateral transfers. Scaramucci predicts that the total market capitalization of cryptocurrencies could grow fourfold to reach $3-$5 trillion in the next few years, making it an attractive investment opportunity.

The Daily Hodl - 1132 ngày trước

ARK Invest's Cathie Wood Bullish on Bitcoin, Expects $1.5 Million Price Target in Next Decade

ARK Invest CEO Cathie Wood believes that Bitcoin will reach a price of $1.5 million within the next decade. The regional banking crisis in March strengthened ARK's bullish case for Bitcoin, as investors turned to the cryptocurrency as a safe-haven asset. Wood sees Bitcoin as an "insurance policy" against unfair wealth confiscation and inflation, as its decentralized nature and limited supply make it an attractive store of value. Additionally, she expressed optimism about exchanges, like Coinbase, prevailing against SEC lawsuits, citing the recent court ruling in Ripple's case as a positive factor.

CryptoSlate - 1132 ngày trước

Telegram Empowers Merchants with In-App Crypto Payment Feature

Telegram's messaging app now allows merchants to accept cryptocurrency payments through its Wallet feature. The Wallet, based on The Open Network (TON) blockchain, previously enabled crypto transfers between users. Now, merchants can integrate cryptocurrency into their payment bots, accepting tether, bitcoin, and toncoin. This feature, called WalletPay, allows seamless cryptocurrency payments within Telegram, including making payments directly in chats. However, despite being available for over a year, only 2 million out of 700 million Telegram members use Wallet services, partially due to legal battles with the SEC.

coindesk - 1138 ngày trước

Crypto Hedge Funds Anticipate Surge in Digital Asset Values in 2023

A study by PwC shows that most crypto-native hedge funds predict higher values for digital assets by the end of 2023 compared to 2022. Bitcoin's value has been rising, with an 85% increase this year, and the total crypto market capitalization has grown by 50% to $1.25 trillion. John Garvey, from PwC, expects strong investment in crypto despite market volatility. While traditional hedge funds investing in crypto have decreased, those already invested plan to maintain or increase their exposure. Some crypto hedge funds are considering moving to crypto-friendly jurisdictions due to regulatory challenges.

Blockworks - 1138 ngày trước

WisdomTree Launches WisdomTree Prime App for Convenient Cryptocurrency and Gold Investments

WisdomTree, a fund group managing $93.6 billion, has launched a new financial app called WisdomTree Prime. The app allows users to buy and sell cryptocurrencies like Bitcoin and Ethereum, as well as trade tokenized physical assets such as gold. It aims to simplify the investing experience by offering a familiar interface on top of blockchain technology. WisdomTree's goal is to bring together dollars, gold, cryptocurrencies, and funds on a single platform to make investing more accessible and less overwhelming. The app's launch follows the growing trend of financial companies embracing cryptocurrencies.

Blockworks - 1138 ngày trước

Google Play Introduces NFT Integration to Boost User Engagement in Apps and Games

Google Play has announced a new policy allowing developers to include non-fungible tokens (NFTs) in their apps and games. This means users will be able to buy, sell, or earn tokenized assets within these applications. Joseph Mills, Google Play's Group Product Manager, emphasized that this move will enhance user loyalty and enable traditional games to incorporate user-owned content. The updated guidelines aim to promote user trust and responsible usage of blockchain technology. The new policy will roll out later this year after initial tests with a group of developers.

coindesk - 1138 ngày trước

U.S. Senate Committee Requests Tax Guidance from Crypto Industry Experts

The U.S. Senate Committee on Finance wants to understand how to deal with taxes for cryptocurrencies. They reached out to the cryptocurrency industry for help. The Committee asked questions about topics like digital asset loans, wash sales, and mining. The tax law doesn't have clear rules for digital assets, causing difficulties for taxpayers. The Committee will gather answers until Sept. 8, 2023. Lawmakers in the House also urged the Internal Revenue Service (IRS) to release crypto tax rules quickly. The IRS plans to implement a new plan for dealing with cryptocurrencies in about a year.

coindesk - 1139 ngày trước

Cboe Resubmits 5 Bitcoin ETFs, Incorporating Coinbase Surveillance Deals

Exchange operator Cboe Global Markets has made changes to five Bitcoin Exchange-Traded Fund (ETF) applications to include an agreement with Coinbase. The agreement, called a surveillance-sharing agreement (SSA), is meant to meet regulatory standards set by the Securities and Exchange Commission (SEC) to prevent fraud and protect investors. The initial filings for the ETFs mentioned the expectation of entering into an SSA. Other companies like Fidelity, Invesco, WisdomTree, Valkyrie, and BlackRock have also filed ETF applications with the SEC. The news of Cboe's amendments caused Coinbase shares to rise by almost 10%.

cointelegraph - 1139 ngày trước

Macro Expert Raoul Pal Expects Ethereum to Break Records This Year, Boosted by Dollar's Weakness

Real Vision CEO Raoul Pal believes Ethereum (ETH), a smart contract platform, will reach new record highs by the end of the year. He predicts that the Nasdaq-100 Index (NDX) will also achieve new all-time highs in the next five months, and Ethereum will follow suit. Pal attributes the NDX's strong performance to trends such as artificial intelligence (AI) and a weakening US dollar. Additionally, he expects the US dollar index (DXY) to break its support at 100, which could benefit risk-on assets such as Bitcoin (BTC) and other cryptocurrencies.

The Daily Hodl - 1139 ngày trước

Market Report Unveils Astounding $448 Billion Evaluation for Crypto Custody Market in 2022

The digital asset industry, including cryptocurrencies, grew to over $3 trillion in 2021. However, the custodial part of the market, which involves securely holding these assets, was valued at $447.9 billion in 2022. A recent report by PricewaterhouseCoopers (PwC) and Aspen Digital highlights the importance of custody services. The report mentions the rise of interest in crypto staking and nonfungible tokens (NFTs) as key developments attracting institutional investors. Security and insurance policies are major challenges for custodians, and the report suggests a five-step approach for investors to select a reliable custody service provider.

cointelegraph - 1139 ngày trước

'Rich Dad' author R. Kiyosaki Forecasts Bitcoin Surge to $120k, Declares End of USD

Robert Kiyosaki, author of 'Rich Dad Poor Dad,' has advised people to consider assets like Bitcoin as a hedge against the potential decline of the US dollar as the global reserve currency. He suggests that the heads of state from BRICS countries (Brazil, Russia, India, China, and South Africa) will announce a gold-backed cryptocurrency at their upcoming summit. This move, along with other countries joining the coalition, could lead to inflation and a decline in the US dollar. Kiyosaki recommends investing in gold, silver, and Bitcoin, predicting that Bitcoin's price will reach $120,000 next year.

Finbold - 1140 ngày trước

Crypto Markets Attract Significant Inflows as Institutional Investors Remain Bullish, CoinShares Reports

Institutional investors are still showing strong interest in cryptocurrencies like Bitcoin and altcoins, according to CoinShares, a digital assets manager. Last week, there were over $136 million in inflows into the crypto markets, marking the third consecutive week of significant inflows. These investments have corrected the previous nine weeks of outflows, resulting in a net positive inflow of $231 million this year. Although trading turnover has slowed down recently, with lower volumes typically seen during July and August, Bitcoin remains the primary focus of investors, with $133 million in inflows last week.

The Daily Hodl - 1140 ngày trước

Staked Ethereum Now Holds 20% Share of the Total Supply

Approximately $45 billion, which is about 20% of all Ethereum in circulation, has been staked. Staking involves pledging tokens to the network to enhance security and earn rewards. Currently, around 24 million Ethereum is locked up across 744,000 validators, according to a dashboard on Dune Analytics. Ethereum shifted from proof-of-work to proof-of-stake in September last year, allowing staked Ethereum to be withdrawn since April. This milestone highlights Ethereum's progress towards a more environmentally friendly consensus model. Lido Finance and cryptocurrency exchanges like Coinbase, Kraken, Binance, and OKX are the popular choices for staking Ethereum.

Decrypt - 1140 ngày trước

Bitcoin ETF Approval Could Be Hard to Resist, According to Former SEC Chair

Former SEC Chairman Jay Clayton, in an interview, discussed the changing perception of Bitcoin and the potential for Bitcoin ETFs. Initially skeptical of the cryptocurrency, he now recognizes the progress made, particularly in institutional investment. Major market players supporting Bitcoin indicate growing confidence in its regulatory safeguards and trading capabilities. Clayton that if proper regulatory measures are in place, approving a Bitcoin ETF would be difficult to resist. However, he cautions that regulatory changes may take time due to the thoroughness of the process.

U.Today - 1140 ngày trước

Bitcoin Network's Hash Rate Reaches Unprecedented Heights, Posing Challenges for Miners

The Bitcoin network's hash rate has reached record highs, increasing mining activity and creating additional challenges for Bitcoin miners. The surge in hash rate occurred mainly over the weekend, with the 7-day average reaching 401 EH-s and the 3-day average rising by over 18% to 444 EH-s. This increase is attributed to miners resuming near full capacity after scaling back during extreme weather conditions. However, this upward trend may trigger a difficulty adjustment, posing further obstacles for miners as mining hardware prices rise and profitability remains low.

BeInCrypto - 1141 ngày trước

Bitcoin Whales Make Massive Accumulation of 71,000 BTC, Signaling High Confidence in the Cryptocurrency

Bitcoin sharks and whales, which are large holders of Bitcoin, have acquired an additional 71,000 BTC in the past three weeks, indicating their high confidence in the cryptocurrency. Despite Bitcoin's price remaining relatively stable, these addresses with 10 to 10,000 BTC have been accumulating more coins. This accumulation amounts to approximately $2.15 billion. The trend of increased accumulation by these major players aligns with the growing interest in Bitcoin, as demonstrated by financial giants like BlackRock seeking approval for spot exchange-traded funds (ETFs) linked to the cryptocurrency.

U.Today - 1142 ngày trước

DappRadar's Report Shows Bitcoin Trading Volume Soars by an Extraordinary 2,834% in Q2 2023

Bitcoin's volume of ordinal transactions, which involve inscribing digital assets to create NFTs, skyrocketed by 2,834% in Q2 2023, reaching $210.7 million, as reported by blockchain intelligence platform DappRadar. The platform also highlights the growing interest in Bitcoin and the increasing number of new traders, with 554,215 all-time trades and 150,969 unique traders. Additionally, the report reveals a 7.97% increase in daily active wallets interacting with DApps, indicating market recovery despite regulatory challenges. The gaming sector remains dominant in DApps, followed by decentralized finance (DeFi), while the NFT sector experiences a slowdown.

The Daily Hodl - 1142 ngày trước