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Decentralized exchanges (DEX) processed a combined $1.15 trillion in spot and perpetual contract volumes during August, marking the first time monthly DEX activity surpassed the $1 trillion threshold.
According to DefiLlama data, spot DEX volumes reached $506.3 billion in August, falling just $1.5 billion short of the all-time high of $507.8 billion recorded in January.
The August figure...
Tokenized stocks, a new breed of digital assets mirroring the prices of listed companies, could give investors a false sense of ownership and undermine market confidence, according to a top European regulator.
Natasha Cazenave, executive director of the European Securities and Markets Authority (ESMA), cautioned that many tokenized stock products being marketed in the European Union fail to grant...
California Governor Gavin Newsom said he will intensify his attacks on President Donald Trump by launching a memecoin and expanding a wave of social media posts designed to parody the former president’s online persona, NBC Los Angeles reported.
The governor made the revelations during a recent appearance as a guest co-host on the “Pivot” podcast with journalist Kara Swisher.
He said he launched...
Economist Alex Krüger dismissed concerns about the crypto bull cycle ending, arguing that widespread bearish sentiment creates a contrarian buying opportunity as markets prepare for recovery.
In an Aug. 30 X post, Krüger noted that “most crypto charts now look so broken and bearish that is bullish,” citing significant long liquidations as evidence of capitulation.
The economist positioned...
Lee Eok-won, the nominee to head South Korea’s Financial Services Commission, drew heavy criticism this week after dismissing crypto as lacking any real value in his written testimony ahead of confirmation hearings, local media reported on Sept. 1.
Lee said digital assets do not possess intrinsic worth in the same way as equities or bank deposits, and argued that their price swings undermine...
Metaplanet acquired 1,009 Bitcoin (BTC) for approximately $112 million, bringing the Japanese firm’s total holdings to 20,000 BTC amid shareholder approval for an ambitious plan to add $2.8 billion worth of Bitcoin to its treasury through 2027.
The Tokyo-listed company announced the purchase on Sept. 1, paying an average price of 16.3 million yen ($110,720) per Bitcoin. The capital expansion...
XRP whales purchased 340 million tokens during the past two weeks, concentrating their buying activity during each correction toward $2.90 and fueling a potential rally towards $4.
According to trader Ali Martinez, the accumulation pattern occurs as XRP confronts a critical technical juncture at $2.77. The token must maintain support to prevent a retracement toward $2.40.
Success in holding this...
The Ethereum Foundation announced that the Holešky testnet is entering its final phase, and the network is scheduled to shut down two weeks after the Fusaka upgrade concludes.
According to the Foundation, the network support from client developers, testing groups, and infrastructure providers will formally end once the anticipated upgrade process is completed in November.
Holešky began operations...
Donald Trump’s crypto initiative, World Liberty Financial, went live on Sept. 1 with a market valuation above $7.4 billion, sparking heavy trading in its opening hours.
According to CoinMarketCap data, WLFI climbed 13% to $0.2525 shortly after launch, while its trading volume has already surpassed $1.8 billion across centralized and decentralized exchanges.
Notably, this rush of activity spilled...
Global crypto investment products swung back into positive territory last week, recording $2.48 billion in net inflows after a period of withdrawals, according to CoinShares‘ weekly report.
The renewed momentum lifted August’s total net inflows to $4.37 billion, pushing year-to-date commitments to $35.5 billion.
James Butterfill, head of research at CoinShares, noted that inflows remained strong...