Trading in BTC and ETH begins at giant Brazilian brokerage firm
Following MercadoLibre and Nubank, XP Inc. is the most recent member of the Brazilian fintech industry to provide services for trading cryptocurrencies. A potential 3.6 million customers will now have access to the cryptocurrency markets thanks to Brazilian brokerage firm XP Inc.’s formal launch of its crypto trading platform “XTAGE” there. The Nasdaq Exchange Twitter […]
Rune Christensen Suggests Selling off $3.5 Billion in USDC Reserves
Vitalik Buterin, who is bullish on Ethereum, branded the suggestion made by Rune Christensen a “bad idea.” Recently, Rune Christensen, a co-founder of MakerDAO, suggested eliminating all USDC from the DAI stablecoin’s peg-stability module. He advised that the $3.5 billion of USDC contained inside be utilized to purchase ETH instead. Even though such a transfer […]
Cryptocurrency Market Cap Reaches Its Peak
After the total market value plummeted below $1 trillion, a long cry from the previously recorded $3 trillion, the cryptocurrency markets are presently performing in ways that have not been witnessed in the preceding two months. The current value of the global cryptocurrency market is $1.16 trillion. Several currencies’ trends, particularly those during the last […]
Glassnode: BTC and ETH derivatives gain despite crypto winter
A new Glassnode letter reveals a surge in the derivatives market and a more upbeat outlook among traders of bitcoin and Ethereum. Glassnode’s latest research reveals that there is considerable investor interest in trading BTC futures markets and hoarding their ETH bags, despite the fact that the bitcoin price has been trading sideways with a […]
ETH may consolidate as Merge hype wanes: Expert
Markus Thielen thinks that ETH may be entering a consolidation period, making him “conservative” about the currency. The chief investment officer of asset management company IDEG believes that the price of Ether (ETH) has stabilized after a spike last week. Markus Thielen stated in a report that after being positive on ETH pricing six weeks […]