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BRC-20 Token Trading Volume Skyrockets 10x Since November 2023, Kaiko Reports
The trading volume for BRC-20 tokens has surged, rising from $10-15 million to over $500 million since November 2023, according to data from Kaiko.
The data indicates a substantial increase in trading activity for tokens…
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Web3 Apps Surged 124% in 2023, According to DappRadar
The dApp industry experienced unprecedented growth, with DappRadar’s 2023 Industry Report revealing a 124% year-over-year increase in Unique Active Wallets (UAW).
The report provides an overview of the dynamic landscape,…
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Poland to introduce crypto regulation bill in Q2: report
The new bill seeks to introduce a crypto regulatory framework that aligns with the EU’s MiCA.
Poland’s Financial Supervision Authority (KNF) will supervise cryptocurrencies and impose penalties where applicable.…
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Bitcoin Leverage Could Be ‘Flushed’ Causing Potential 20% Drop
Now that the long-awaited spot Bitcoin ETFs have been launched, the hype has faded, and crypto markets are correcting as analysts predicted. However, a looming Bitcoin leverage flush out on major exchanges could send digital asset…
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Wintermute OTC Trading Volume Records 400% Growth in 2023: Report
Wintermute – the popular market maker and liquidity provider – witnessed continued growth in all business verticals in 2023 despite the market downturn.
In a new report, the platform said that its over-the-counter (OTC)…
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Bitcoin Price Likely to See All-Time High Before Year End: Anthony Scaramucci
Anthony Scaramucci, the founder and CEO of alternative asset management firm SkyBridge Capital, has predicted that BTC will see its all-time high before 2024 comes to an end as the United States Securities and Exchange…
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CFTC Report Reveals DeFi’s Achilles’ Heel: Lack of Accountability
In its recent report, the Commodity Futures Trading Commission (CFTC) underscored a fundamental issue within DeFi systems, pointing to the absence of clear lines of responsibility and accountability intentionally…
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Will Vanguard’s Anti-Bitcoin Stance Continue?
Prominent investment firm Vanguard is anticipated to reconsider its current anti-Bitcoin position in the near future. However, recent actions by the asset manager reveal a deepening commitment to this stance.
Eric Balchunas, a senior…
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Genesis to pay $8M fine, forfeit BitLicense as NYDFS settlement
The New York Department of Financial Services (NYDFS) says Genesis Global Trading will pay an $8 million fine and…
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Huge Bitcoin (BTC) Volatility, Ripple (XRP) Milestone, Solana Meme Coins Resurgence: Bits Recap Jan…
TL;DR
Bitcoin’s price fluctuated sharply, impacted by the US SEC’s mixed signals on BTC ETF approvals, with swings from $45K to $49K.
Ripple’s XRP witnessed a growth in user wallets, reflecting increased network…
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