Synthetix (SNX) trading volume overtakes GMX, but is the DEX token rally sustainable?
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Ledger Appoints Its President Pascal Gauthier as New CEO
French hardware crypto wallet producer Ledger has named its president, Pascal Gauthier, as the new chief executive officer of the company. The news was announced in a press release published on April 24.Gauthier — a seed investor and board member — initially joined Ledger as its president, and will now reportedly be in charge of…
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Huobi outlines plan for Chinese investors after halting crypto trading
Huobi Group co-founder Du Jun intends to safeguard all crypto assets on Chinese accounts before permanently closing them down by Dec. 31, 2021. 659 Total views 17 Total shares The uncertainties sparked by China’s blanket ban on crypto trading have taken a downturn as homegrown crypto exchanges such as Houbi take proactive measures to protect…
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Two Bitcoin price prediction polls, same outcome: $10K BTC is coming
While a classic technical indicator could be hinting at BTC price falling below $13,000 as well. 218 Total views 3 Total shares Bitcoin (BTC) investors in China plan to buy the dip despite an ongoing market correction and a nationwide crypto ban, a new survey shows.Consensus sees Bitcoin at $10KA survey of 2,200 people conducted…
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Grayscale: Bitcoin Gained 47% in US-China Trade War Drawdown
Bitcoin (BTC) vastly outperformed traditional wealth preservation assets during the United States-China trade war, American digital asset manager Grayscale confirmed in research published on June 11.Updating “Hedging Global Liquidity Risk with Bitcoin” — a report originally from 2016 — Grayscale noted that bitcoin gained 47% in the period from May 5-31. The next best-performing asset,…
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More than $1B in Bitcoin has been tokenized for DeFi
Almost 100,000 Bitcoin are now tokenized on Ethereum, more than half of which migrated over the past 30 days More than $1 billion worth of Bitcoin (BTC) has now been tokenized to access decentralized finance (DeFi) protocols on the Ethereum (ETH) network. That’s equivalent to the entire total value locked (TVL) in DeFi less than…
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Tezos-native NFT platform H=N gains steam, launches World Art Day fundraiser
Not all NFT platforms are for newly-rich crypto investors to flaunt their wealth, as one project is proving. As the calls from artists and activists grow louder to reduce the carbon footprint of NFTs, one indie platform on environmentally-friendly proof-of-stake blockchain Tezos has seen a surge in activity and is currently hosting a World Art Day…
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$13B Custodian Launches Retirement Account Supporting Bitcoin
Kingdom Trust, a regulated custodian managing over $13 billion in assets, has launched a retirement account supporting both Bitcoin and legacy assets. 1220 Total views 45 Total shares Kingdom Trust, a South Dakota-based financial custodian that manages more than $13 billion in assets, has launched a retirement account that supports legacy, alternative, and crypto assets.The…
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Sotheby’s auction house is getting into the NFT game
The nonfungible token craze continues to proliferate. 1355 Total views 8 Total shares The creation and sale of nonfungible tokens, or NFTs, has become a revolution that is increasingly difficult to ignore. On March 16, British-American auction house Sotheby's announced that they too would be entering this burgeoning ecosystem with the sale of tokenized art…