Binance derivatives market share shrinks to 2020 levels as CEX trading slumps

The New York Stock Exchange mandates all listed securities to maintain an average closing price of $1 or more. 

Legendary hip hop icon Nas will drop nonfungible tokens that let users own streaming royalty rights on songs Ultra Black and Rare. 82 Total views 22 Total shares Award-winning rapper Nas will release nonfungible tokens (NFTs) that will let his fans own a stake in two of his songs, Ultra Black and Rare. Users who buy and…

Bitcoin continues to test investors’ patience, as it remains stuck inside a tight range. Although the near term is boring, traders need to be on their toes because narrow ranges are generally followed by a sharp increase in volatility. The only problem is that it is difficult to predict the direction of the breakout with certainty.Glassnode’s…

"For CBDCs, our solution will enable central banks to connect their own networks simply and directly to all the other payments systems in the world through a single gateway," said chief information officer Tom Zschach. 174 Total views 2 Total shares On Wednesday, the Society for Worldwide Interbank Financial Telecommunication, or SWIFT, announced that it…

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekBitcoin tumbles 10% in 12 hours and falls below $50,000 for first…

Banks in smaller countries like Latvia, Estonia and Greece could be impacted harder by the digital euro, analysts said. 930 Total views 1 Total shares Analysts at the American multinational investment bank Morgan Stanley have estimated the likely changes in eurozone banks’ deposits should a digital euro be widely adopted.According to the analysts, a European…

The cyclical nature of Bitcoin bull and bear markets means that $60,000 is mathematically more likely to be a floor, not a ceiling, in future. 2897 Total views 14 Total shares Bitcoin (BTC) may have hit highs of $60,000, but calculations suggest that the price level will matter much more to bears, not bulls.In a…

Gensler said he saw many crypto assets having attributes of a security, adding that Bitcoin is the only crypto he was comfortable publicly labeling as a commodity. 130 Total views 1 Total shares Securities and Exchange Commission Chairman Gary Gensler riled up Crypto Twitter on Monday after affirming that Bitcoin (BTC) is a commodity. Questions…

An anonymous user managed to net a profit of $250k from a $200 outlay due to a flaw in a DeFi protocol clone’s rebase code. An anonymous user has revealed how he made $250k in profits from a minor investment in a cloned version of Yearn.finance called Soft Yearn (SYFI).The token SYFI was launched as…