• Coinbase saw its total trading volume for 2022 decline by 50% year-over-year and its transaction revenue for 2022 fall by 66%. • The company attributed its decline in performance to two high-profile collapses: Luna and Terra in May 2022 and FTX in November 2022. • Despite these setbacks, Coinbase was resilient and reported a net full-year revenue of $3.1 […]
Weiterlesen »Summary Binance CEO Changpeng Zhao addressed issues around Paxos and BUSD stablecoin. Circle denied that it has received a Wells notice from the SEC. Siemens announced its issuance of 1st digital bond on Polygon. CZ Addresses Rumors about Circle Telling Regulators to Look into Paxos/BUSD Binance CEO Changpeng Zhao addressed various issues related to Paxos and the BUSD stablecoin in […]
Weiterlesen »• Bitcoin (BTC) is up 287,000% against the US dollar since 2011. • Great Britain Pound Sterling (GBPUSD) is 11% away from its all-time low. • The UK government is likely to introduce a digital pound this decade. Bitcoin Up Almost 287,000% Since 2011 The cryptocurrency Bitcoin (BTC) has seen an incredible rise in value since 2011, with a staggering […]
Weiterlesen »• Bitcoin futures open interest (OI) has seen a notable increase leading up to the FOMC meeting. • This rebound in OI began in mid-January and is largely attributed to increased institutional interest in Bitcoin futures. • On Jan 30, Bitcoin futures OI saw the biggest increase since the beginning of the year, indicating investors are gearing up for a […]
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