The DeFi space, a vibrant branch of the blockchain industry, continues to grow and develop despite the bearish conditions experienced in 2022. Revolutionary DEXs are transforming the crypto trading scene, and decentralized solutions are increasingly finding application in the traditional economic space. However, the DeFi ecosystem still faces various challenges due to its early stages of development. These include liquidity inefficiency, security concerns and regulatory uncertainties. To address these challenges, the key lies in creating trading platforms that offer deep liquidity pools, enabling trades to be executed efficiently and promptly. Better access to liquidity and public goods with Crescent The …

Major nonfungible token (NFT) marketplace OpenSea announced a massive structuring around lower platform fees and greater creator earnings as competing marketplaces continue to drain away its once dominant user base. On Feb. 18, NFT marketplace Blur surpassed OpenSea in daily Ethereum (ETH) trading volume as users — anticipating greater returns on their NFT investments — are looking for a trading arena that works in their favor, shows Nansen data. As a reactionary measure, OpenSea announced three major changes to win back its migrating customers. The measures include a 0% fee for a limited time, introducing optional creator earnings and leniency …

Fundamental analysis is the process of finding the intrinsic value of an asset, with the goal to determine whether the asset is overvalued or undervalued. That information can then be leveraged along with technical analysis to decide whether to invest in or trade an asset. In cryptocurrency fundamental analysis, the approach is somewhat different than that typically used to evaluate legacy market assets. Crypto assets don’t have the historical data required, because there’s usually no history of earnings reports or profit and loss statements. For cryptocurrency analysis, all the available information on the asset needs to be sought out through …

The Blockchain Association filed an amicus brief Feb. 13 in the United States Securities and Exchange Commission (SEC) case against former Coinbase Global product manager Ishan Wahi and his associates. The advocacy group expressed its support for the defendants’ argument for dismissal, where they claimed the SEC had exceeded its authority in the case. The case alleging unregistered securities sales of nine tokens is being heard in the U.S. District Court of Western Washington. Calling the case “the latest salvo in the SEC’s apparent ongoing strategy of regulation by enforcement in the digital assets space,” the amicus curiae, or “friend …

Cryptocurrency trading has evolved from the perception of simply being a game of chance to a strategic process. Successful traders rely on a combination of technical analysis, specific indicators and metrics to find trades with a high probability of profit. Before explaining the three technical analysis strategies that can help confirm a winning trade, let’s first define the key terms: Technical analysis — is all about analyzing statistical trends, so as long as an asset has historical data, technical analysis can be applied. Technical analysis involves looking at the past trading activity and price variations of a crypto asset, with …

The constantly growing number of crypto users, despite a year-long bear season, showed that it’s never too late to enter the crypto market. Last year began with less than 300 million active crypto users, and even though the crypto market went through impactful events such as the collapse of the FTX crypto exchange, the crypto community grew steadily, finishing the year with more than 400 million crypto users. Crypto adoption is especially strong in emerging markets, while the Middle East and North Africa (MENA) region experienced a significant uptick, according to Chainalysis’ reports. Source: Statista The ever-growing crypto market directly …

Interactive Brokers, a global brokerage firm with headquarters in the United States, announced the launch of its crypto trading services for institutional clients in Hong Kong on Feb. 14. The crypto trading services were launched in association with OSL Digital Securities, a Securities and Futures Commission (SFC)-licensed digital asset brokerage and trading platform for professional investors. Individuals with more than $1 million (8 million Hong Kong dollars) in investable assets or institutions with almost $6 million (40 million Hong Kong dollars) who are Hong Kong residents can now trade cryptocurrency alongside other asset classes available on the Interactive Brokers platform. …

For the first time since the 7th century, the paper-money economy found its true competition in the internet era. With Bitcoin’s (BTC) debut in 2010, the fiat ecosystem was not only challenged with proving its worth in day-to-day transactions but also safekeeping the investment ecosystem it helped build. Over the years, the crypto ecosystem attracted people from all walks of life — serving their unique financial needs while filling the gaps left wide open by the fiat ecosystem. While most of the world watched from the sidelines, trying to decipher the true potential of cryptocurrencies, the first batch of Bitcoin …

Brazilian bank Banco do Brasil is offering a new and convenient option for taxpayers to settle their dues using cryptocurrencies. According to a statement published by Banco do Brasil on Feb. 11 it is now “possible” for Brazilian taxpayers to pay their tax bill with crypto, in a joint initiative with Brazilian-based crypto firm Bitfy. This initiative is available to Brazilian’s who have their crypto under the custody of Bitfy, who will act as a “collection partner” for the major Brazilian bank. It noted that besides the convenience it brings to customers, it makes it possible to “expand” the use …

It is no secret that the global economy has continued to weaken over the course of the past year. To this point, on Jan. 19, the United States government hit its “debt ceiling,” i.e. the total sum of money that the U.S. Treasury can borrow to fund its ongoing federal operations, leading to renewed concerns that more financial pain and the economic slowdown could be incoming. Similarly, on the other side of the Atlantic, the United Kingdom has been struggling as well. This is made evident by the fact the number of company insolvencies registered in 2022 hit 22,109 — …

As Uniswap DAO’s vote to deploy to BNB chain continues, LIFI CEO Phillip Zentner argued in a February 6 forum post that the current proposal is flawed. According to him, the plan to use Wormhole as the sole governance bridge for Uniswap should be abandoned. Instead, he claimed that Uniswap researchers should work on a standardized system for using multiple bridges to handle governance decisions. The ongoing discussion on @Uniswap's forum is critical for the multi-chain ecosystem in 2023. TL;DR: Uniswap's model for x-chain governance will likely become industry standard. As an unbiased member of the community, @lifiprotocol is rooting …

In January, the brother of a former Coinbase product manager was sentenced to 10 months in prison for wire fraud conspiracy in what prosecutors called the first case of insider trading involving cryptocurrencies. In September 2022, Nikhil Wahi entered a guilty plea for executing trades based on private data obtained from his brother, Ishan Wahi, a former product manager for Coinbase. Most countries have laws against insider trading, which carry stiff penalties like jail time and heavy fines. The recent insider trading investigation against crypto exchanges by the United States Securities and Exchange Commission indicates that regulatory bodies are prepared …