In this post: Solana’s main decentralized exchange, Raydium, has grown in volume in the past months. Recently, Raydium’s activity surpassed Uniswap based on the growing demand for Solana-based assets. Solana’s Raydium exchange surpassed Uniswap in the short term, printing higher 24-hour trading volumes. It remains to be seen if Raydium holds onto its position based […]
TL;DR Solana-based NFT marketplace Magic Eden secured a massive boost in its trading volume in March, surpassing Blur. Creator royalties program and its controversies. Solana-based nonfungible token (NFT) platform Magic Eden enjoyed huge success in March. According to CoinGecko’s Q1 report, the NFT platform registered its biggest trading volume in March, leapfrogging high-flying firm Blur. In the report, CoinGecko highlighted […]
In this post: Ethereum (ETH) is also reevaluating its climb after losing the $3,500 support level. ETH is now watched for its ETF potential and the effect of prices on the DeFi ecosystem. Based on CME futures levels, ETH may be facing more volatility. CME futures open interest indicates how mainstream finance sees ETH. The current open interest is […]
In this post: Crypto investors now have an idea of when the highly anticipated spot Ethereum exchange-traded funds (ETFs) will start trading after their approval in May. In a June 13 US Senate Committee on Appropriations hearing, the Securities and Exchange Commission (SEC) chairman Gary Gensler revealed that these financial products could get their final approvals “sometime […]
BoundlessPay, a futuristic digital banking platform, is making waves in the global financial market with its unique approach to integrating traditional finance and cryptocurrency. Founded by a team of seasoned professionals and backed by a robust advisory board, BoundlessPay is poised to become a major player in the digital banking space. Incorporated in the British […]
TL;DR Solana-based NFT marketplace Magic Eden secured a massive boost in its trading volume in March, surpassing Blur. Creator royalties program and its controversies. Solana-based nonfungible token (NFT) platform Magic Eden enjoyed huge success in March. According to CoinGecko’s Q1 report, the NFT platform registered its biggest trading volume in March, leapfrogging high-flying firm Blur. In the report, CoinGecko highlighted […]
In this post: Russia’s stock exchange, the Moscow Exchange (MOEX), has stopped all trading in US dollars and euros. The decision follows a new round of sanctions imposed by the US Treasury Department on Russia. The exchange also confirmed that share trading and money market transactions in these currencies would be permanently halted. The US […]
In this post: Bitcoin (BTC) continued its lackluster price performance, sliding further under $69,000 in the new week. The slide comes after a period of peak reported inflows into some major ETFs. BTC slid to $66,947.69, sparking a market-wide correction. But even during these market conditions, there are still signs of accumulation, adding to the long-term […]
In this post: A UK cryptocurrency exchange, Lykke, has suspended operations after losing $22 million in a suspected security incident. The exchange reportedly shut down trades after unauthorized access to its system occurred on June 4. This comes on the back of an increase case of crypto hackers “exploiting” private keys on trading platforms. This […]
TL;DR Solana-based NFT marketplace Magic Eden secured a massive boost in its trading volume in March, surpassing Blur. Creator royalties program and its controversies. Solana-based nonfungible token (NFT) platform Magic Eden enjoyed huge success in March. According to CoinGecko’s Q1 report, the NFT platform registered its biggest trading volume in March, leapfrogging high-flying firm Blur. In the report, CoinGecko highlighted […]
