Buy Bitcoin (BTC) in the UK - cyptoranking.com

2024-05-03

Popular crypto exchanges(2023 Update) 2024-05-03
Image: cyptoranking.com

Invesco was among the fund groups that filed for a spot bitcoin ETF in June just days after asset management giant BlackRock jumped into the race. BNT/USDT Daily Chart. Source: TradingView Buy Bitcoin (BTC) in the UKHong Kong's Unwillingness Image Soure: AdobeThe total value locked (TVL) across DeFi projects has experienced a resurgence after teetering below the $40 billion mark last week.According to data from DeFi TVL aggregator DefiLlama, the DeFi market cap is currently valued at over $41 billion, with approximately $1.6 billion in trading volume over the past day.The surge indicates a daily rise of around 6%, accompanied by a 6.39% increase in trade volume. Among the top DeFi tokens, Chainlink (LINK) has emerged as one of the biggest winners of the week, experiencing a more than 4% increase in value. However, other coins like Synthetix (SNX) and injective (INJ) have slipped by 2.70% and 3.36%, respectively, over the past week.Among smaller DeFi tokens, some witnessed notable growth while others faced significant declines. During the previous week, Ellipsis (EPS) experienced a remarkable rise of 129% and Thorchain (RUNE) climbed by 49.29%. Conversely, Persistence (XPRT) plummeted by 12.47%, and Mobox (MBOX) suffered a decline of 10.94%. Curve's CRV token, still recovering from a recent hacking incident, fell by an additional 4.81% this week.DeFi TVL Reaches Almost $42 Billion on SundayDespite fluctuations in token performance, theTVL in DeFi reached $41.94 billion on Sunday, narrowly avoiding falling below the $40 billion threshold. Leading the pack in TVL size is Lido Finance, boasting an impressive $15.11 billion in its liquid staking protocol. Following Lido, Makerdao, Aave, Uniswap, and Tron's Justlend protocol are ranked based on TVL size.Out of the 202 blockchain platforms, Ethereum dominates with over 58% of the TVL market share, amounting to $24.38 billion. Trailing behind are Tron, BSC, Arbitrum, Polygon, Optimism, Avalanche, Mixin, Solana, and Cronos. Tron's TVL commands a 13.31% market share, with a combined value of $5.56 billion as of Sunday morning.Furthermore, an astonishing 10.89 million Ether, equivalent to $20.252 billion, is locked in 23 distinct liquid staking DeFi protocols related to Ethereum. These protocols account for nearly half (48.28%) of the entire $41.94 billion TVL in DeFi across all 202 blockchain networksThe rise in DeFi TVL comes amid a surge in good news within the industry. Last week, payments giant PayPal announced that it is rolling out its PYUSD stablecoin soon.The dollar-pegged asset is issued by Paxos, a blockchain infrastructure firm that used to issue Binance USD (BUSD) stablecoin.Likewise, Coinbase announced the launch of its Ethereum (ETH) layer-2 scaling solution Base.The platform aims to enable developers to build their own crypto applications, expanding Coinbase's revenue streams beyond its core trading business. DeFi Protocol Zunami Loses Over $2.1 Million in a Major Price Manipulation Attack

Exchange Rankings Crypto
Image: cyptoranking.com

A day after Valkyrie Investments became the first to offer ether futures exposure in an ETF, the crypto-focused firm is getting rid of those holdings. Crypto suffered 153% YoY increase in hacks and scams in Q3: Immunefi Top 8 Best Free Crypto Trading Platforms in 2023Meta is plowing full speed ahead into intelligent AI personas and immersive, extended reality hardware. But significant technological and social challenges remain on the road to realizing the ambitious vision of the metaverse and ubiquitous AI. The initial demos of the metaverse were glitchy and underwhelming. And the public does not seem fully on board yet with strapping on VR headsets or mingling with digital avatars. Santiment also disclosed that the ten largest USDT holding wallets saw their assets surge from $7.30 billion to $9.42 billion within three months, indicating that some cohorts of investors are increasing their positions in the stablecoin.

Overall, while Australia offers a more certain regulatory environment compared to some other jurisdictions, the landscape is continually evolving. Companies must remain agile and engaged with regulators to navigate this dynamic space successfully.Crypto Firms at Risk of Shut Down as Venture Funding Plunges 63% Fitness App Sweat Economy to Decide Fate of 2.5 Billion Abandoned Tokens How to Buy Cryptocurrency in Australia-Beginner's GuideWith tens of thousands of altcoins circulating the market, crypto investors can easily miss out on the next 100x coin due to it not being on their radar. This is often not the fault of the investor as it can be hard to keep track of so many coins. As a result of this, a Santiment analyst has presented a total of 6 overlooked altcoins that could be primed for a rally. Blockraise will gain access to a unique and promising project that aligns with its values and objectives, while Scotcoin is to receive a professional and experienced partner who can help it achieve its full potential.

Cutbacks at Yuga LabsBored Ape Yacht Club creator Yuga Labs has announced a restructuring that has seen several roles “eliminated across the company.” The exact number of layoffs hasn’t been specified; however, in an Oct. 6 blog post shared via X (formerly Twitter), Yuga Labs CEO Daniel Alegre suggested the firm had taken on too many projects that were ultimately distracting it from its “core priorities.”Yuga Labs is announcing a restructuring that will better focus our team on our core priorities. While certain roles have been impacted, these changes are necessary to evolve as an organization. For more see a note written by @dalegre on our https://t.co/722YfqwaCB official blog.— Yuga Labs (@yugalabs) October 6, 2023 Framework Ventures co-founder Michael Anderson adds to the criticism, arguing that the author’s skewed version of reality just doesn’t seem to add up. International Current Affairs Yearly Review 2021 E-book: ...Bitcoin was the first to support smart contracts but had a rigid structure, making it feel limited when compared to Ethereum. Even now, Ethereum still stands out among other smart contract platforms, earning first place in the Coin Gecko’s list of “Top Smart Contract Platform Coins by Market Cap”, at the time of writing. BinanceKrakenKuCoinFTXBybitHuobi

Have an opinion on this story? Share it!