Trading volumes on decentralized exchanges (DEX) have slumped for six consecutive months to their lowest levels since January 2021. Volume on DEXs decreased to $44.28 billion in September, the sixth consecutive monthly decrease and the lowest recorded volume since January 2021, according to DefiLlama data. Decentralized Exchanges Volume (Source: DeFillama) During the first quarter of […]

Crypto investment products have recorded their first inflows since mid-August, as $21 million flowed into these products in the past week. CoinShares analyst James Butterfill said the inflows were a “reaction to a combination of positive price momentum, fears over US government debt prices and the recent quagmire over government funding.” However, he noted that […]

The post Bitcoin Sellers In Fear As Buyers Knock $28.5K! Will On-chain Data Hold BTC Price? appeared first on Coinpedia Fintech News Buyers are aggressively buying Bitcoin today, causing its price to surge past several Fibonacci levels. At the moment, Bitcoin is gearing up for another significant uptrend, tapping the $28.5K mark, much to the […]

The post Nomura’s Laser Digital Opens Office in Tokyo for Crypto Ventures! appeared first on Coinpedia Fintech News Nomura’s crypto unit, Laser Digital, has opened an office in Tokyo, with Hideaki Kudo named as the new office’s representative director and head. Kudo was previously an executive director at Nomura’s Digital Company, where he was responsible […]

Coinspeaker FTX Customers Remain Bullish on Crypto despite Losing Fortunes As Sam Bankman-Fried (SBF), the former CEO of the defunct FTX exchange faces criminal charges,  customers who lost significant sums in the debacle remain bullish on crypto. In a new CNBC documentary premiering later today, they share their experiences and explain why they remain optimistic […]

This article is featured in Bitcoin Magazine’s “The Withdrawal Issue”. Click here to subscribe now. A PDF pamphlet of this article is available for download. “Romantic love is an addiction”, says Dr. Helen Fisher, a biological anthropologist at Rutgers University. “My guess is that our modern addictions — nicotine, drugs, sex, gambling — are simply […]

In a characteristically bold and provocative post, Tesla and SpaceX CEO Elon Musk has once again stirred the financial world by declaring, “Fiat currency” a scam. Musk, responding to a post asking other X users what they think is a scam so normalized that people don’t even realize it is a scam, did not provide […]

Following the U.S. SEC’s approval of spot Ether exchange-traded funds, VanEck has launched its Ethereum Strategy ETF. Investment management firm VanEck is set to launch its Ethereum Strategy ETF on Oct. 2, with the product now listed on its website under the ticker EFUT and set for trading on the Chicago Board Options Exchange (CBOE). The […]

Bitcoin preserves its snap October gains, but BTC price analysis reveals reasons for staying level-headed on the future. Bitcoin (BTC) aimed for $28,500 at the Oct. 2 Wall Street open as a bullish start to the month continued. BTC/USD 1-day chart. Source: TradingView Analyst wary of Bitcoin “upside wick” fakeout Data from Cointelegraph Markets Pro […]

Two transactions showed lump sums of $50 million in USDT transferred from Bitfinex to the Tether treasury only a few minutes apart. Two 50 million Tether (USDT) transactions have been transferred from Bitfinex to the “Tether Treasury” address, according to transfer receipts from Whale Alert.  Both transactions took place on Oct. 2, 2023, two minutes […]