Kraken Daily Market Report for April 06 2021

Overview Total spot trading volume at $1.86 billion, above the 30-day average of $1.38 billion. Total futures notional at $575.2 million. The top five traded coins were, respectively, Bitcoin, Ripple, Ethereum, Tether, and Cardano. Strong returns from Quantum (+11%), Kava (+7.8%), and Energy Web Token (6.7%). April 06, 2021  $1.86B traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD  XBT $57840. ↓2.3% $497.9M XRP $0.9450 ↑2.4% $296.7M ETH $2075.6 ↓1.8% $244.3M USDT $0.9998 ↓0.02% $240.3M ADA $1.2596 ↑3.8% $123.3M LTC $224.03 ↑1.0% $93.4M […]

Alameda Research invests $4M in Vietnamese DeFi project

The DeFi market continues to heat up, with Alameda Research identifying Southeast Asia as a potential growth hub. Alameda Research has expanded its investment portfolio by allocating $4 million to Coin98 Finance, an up-and-coming decentralized finance platform from Vietnam, according to Chinese fintech outlet ChainNews. Coin98 Ventures, the venture capital firm behind Coin98, reportedly operates […]

Ripple wins access to SEC discussions on defining crypto assets as securities

Ripple’s lawyers will dig through the SEC’s internal discussion on crypto for mention of XRP. Ripple Labs has been granted access to U.S. Securities and Exchange Commission documents “expressing the agency’s interpretation or views” on the subject of crypto assets. According to Law360, U.S. Magistrate Judge Sarah Netburn granted the defendants’ motion “in large part,” […]