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Trading
Bitcoin Jumps 4% as Upbeat China Manufacturing Data Improves Risk Appetite
The cryptocurrency's Wednesday bounce is consistent with the recent trend of Asian flows leading the market strength.
Crypto Market February Roundup: Bitcoin Layer 2 Protocol Stacks, Ethereum Staking Derivative Tokens Surge
Stacks’ STX token was the biggest winner among 160 assets in the CoinDesk Market Index, soaring 216% during the month.
Crypto Broker Voyager Digital Sends $121M in Crypto to Exchanges, Sells Ether, Shiba Inu Holdings
Blockchain transaction data by Arkham Intelligence shows Voyager Digital transferred some $121 million of crypto assets to exchanges in February and received some $150 million in USDC stablecoins in the last four days, likely proceeds from sales.
Coinbase Trade Volume Surpasses Uniswap’s, Countering Expectations for a DEX Surge
Many market observers expected a surge in the use of decentralized exchanges following the collapse of FTX, but analysts said many DEXs offer a less-user-friendly experience than centralized ones.
STX Perpetual Futures Open Interest Doubles to $80M as Traders Take Shorts
One analyst suspects traders are betting there isn't a follow-up to Bitcoin NFTs and the STX run is a flash in the pan.
Allure of Bitcoin Ordinals, DeFi Drives Crypto Funds to Bitcoin Layer 2-Token Stacks
The price of Stacks’ native STX token has doubled in two weeks on the back of strong growth for Bitcoin-based non-fungible tokens.
Short-Bitcoin Funds Record $10M in Weekly Inflows: CoinShares
Traders are anticipating higher rate hikes from the Federal Reserve.
Token Offering of Asset Management Platform Factor Raises Roughly $7.6M
Several hours before the public sale ended, Factor announced changes to decrease the initial circulating supply.
BNB Chain’s Second-Largest DeFi Protocol Venus to Accept Floki Tokens as Lending Collateral
The move is expected to benefit FLOKI holders, developers say, as they continue to build and seek strategic partnerships.
YFI Sets Six-Month High as Yearn Finance Teases Ether Liquid Staking Product
The product is designed for users to gain exposure to a basket of liquid staking derivatives in a single token.
