Tag: Exchange

What Sell Pressure? Bitcoin Exchange Reserves Hit 4-Year Low

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Bitcoin has started a recent downtrend that is threatening its position above the coveted $40,000 level. This is presumed to be caused by major sell-offs in the market. However, exchange metrics continue to show that this is not entirely the case. Exchange balances have been plummeting for the past year pointing towards massive accumulation trends and this has come to a head after bitcoin exchange balances have touched a new 4-year low. Exchange Balances Plummet It is no secret that the bitcoin being left on centralized exchanges has been declining.…

First Fractionalized NFT on Tier 1 Exchange

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The Doge NFT, PleasrDAO, and Amber Group partner up to make NFTs more accessible PleasrDAO, a collective of DeFi leaders, early NFT collectors and digital artists today announced a partnership between Amber Group and world’s most famous meme, The Doge NFT (fractionalized into DOG as a first-class ticket to entertainment), to bring greater accessibility to the rapidly growing fractionalized NFT ecosystem. As part of this work, Amber Group is excited to work with The Doge NFT (DOG) as it launched on Huobi, the #5 largest crypto exchange in the world…

Metrics Show Decentralized Exchange Volumes Continue to Slide This Year – Defi Bitcoin News

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Decentralized exchange (dex) volumes have been dropping since December 2021 according to current statistics. However, last month dex trade volumes spiked 2.37% higher than the volumes recorded in February. Despite the brief spike and with only eight days left in April, metrics show this month’s dex volumes will likely be much lower than in March. Decentralized Exchange Volumes Slip Month After Month — April’s Dex Volumes Remain Lackluster In 12 months, dex platforms recorded over $1 trillion in trade volume as they have become prominent fixtures in the crypto industry.…

Major exchange listings spark a 40% rally in Steem, TrustSwap and 0x

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Sentiment in the cryptocurrency market is on the upswing after small gains from Bitcoin (BTC) and altcoins hint that the market could be in the process of a bullish breakout. A handful of altcoins are also finding momentum and a round of fresh partnership announcements appear to back the 40% gains seen in select assets on April 21. Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets Pro Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Steem (STEEM),…

Coinbase is planning to purchase crypto exchange BtcTurk in $3.2B deal: Report

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Major United States-based cryptocurrency exchange Coinbase is reportedly planning to purchase BtcTurk for $3.2 billion. According to Turkish tech media outlet Webrazzi citing a Thursday report from Mergermarket, the two exchanges negotiated a price based on the market behavior of the Turkish lira and Bitcoin (BTC), arriving at roughly $3.2 billion. One or both of the two firms have reportedly already signed a term sheet. The potential acquisition would follow Coinbase CEO Brian Armstrong announcing plans to expand to every country in which the exchange can legally operate. Cointelegraph reported…

Medical Blockchain LEMONCHAIN Token to List on MEXC Crypto Exchange

On April 20, the native token LEMC of LEMONCHAIN ​​Ltd., a project in the medical blockchain industry, announced its listing on the MEXC cryptocurrency platform. LEMONCHAIN ​​is an open data ecosystem that enhances the individual patients’ healthcare data authority through blockchain technology’s decentralisation of EMR (electronic medical record). The trading of LEMC/USDT has been opened officially. This is the first additional token listing on the MEXC virtual currency exchange to the general public within a month, following ProBitGlobal’s global listing on March 18. Kwon Ki-Uk, CEO of Lemon Chain, Co.…

Bitcoin-Warnung: RETTE SICH WER KANN!! Wer davon profitiert…

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin als die sichere Arche in schlechten Zeiten? Dazu wäre eine Entkopplung vom Aktienmarkt notwendig. Nach Aussage der Bank of America könnte dies schockierend schnell gehen… Profitieren würden vor allem die Rohstoffe und Kryptowährungen! News 1: News 2: Hinweis: Kein finanzieller Ratgeber! Das Video enthält persönliche Meinungen! Vorsicht vor Scammer in der Kommentarsektion! 🖊️ YouTube-Abo: 📈 Visualisierung: 👍 Discord-Chat: 📢 Telegram-Chat: 🐦 Twitter: ⭐️ Google-Rating: $Bitcoin $BTC #Bitcoin #Blockchain #HODL #BTC #Krypto ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Derivatives exchange dYdX to become ‘100% decentralized by EOY’

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Ethereum Layer 2-based crypto derivatives trading platform dYdX has vowed to become “100% decentralized by EOY” via the protocol’s V4 update. dYdX primarily offers perpetual contracts, which are derivatives products that borrow elements from both spot margin trading and futures trading but do not have an expiry date. At present only certain components of dYdX are decentralized, including its Ethereum smart contracts, governance and staking. However its “orderbook and matching engine” are managed by dYdX Trading Inc. — the team that developed the platform. dYdX announced the V4 update on…