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NFT Marketplace Sales Are Dropping, Dune Data Shows
According to multiple dashboards compiled by researchers on analytics platform Dune, OpenSea and Blur are experiencing notable losses in both daily users and sales. “The Hash” panel discuss the potential catalysts to sales across NFT marketplaces sinking over the last seven days.
Bitcoin's Dominance Rate Hints at Upcoming 'Altcoin Season'
“The Hash” panel discusses the increase in the largest cryptocurrency's share of the overall crypto market, or bitcoin's (BTC) dominance rate, halting, which hints at the potential outperformance of alternative tokens known as altcoins ahead. Altcoins are any cryptocurrency other than bitcoin.
OPNX Tweets Backers of the Bankruptcy Claims Exchange Include Susquehanna
"The Hash" panel discusses the "major investors" in OPNX, a new exchange for trading bankruptcy claims founded by the people behind failed crypto hedge fund Three Arrows Capital (3AC), includes high-profile firms, including Susquehanna International Group (SIG), the company tweeted Friday. Not long after, three of those supposed "major investors," Susquehanna International Group (SIG), DRW and Nascent, denied what OPNX said.
1inch to Launch on Ethereum Rollup zkSync Era
“The Hash” panel discusses 1inch, the decentralized exchange (DEX) aggregator, launching a version of its platform onto zkSync Era, the recently released Ethereum scaling network from Matter Labs. The company, which nabbed $175 million in a 2021 series B funding round, is one of the biggest protocols yet to launch on a zero-knowledge EVM.
Do Kwon: The Rise and Fall
Prosecutors in Montenegro have submitted an indictment proposal for Terraform Labs co-founder Do Kwon, according to a report by Bloomberg Law. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
EU Greenlights MiCA as Cryptos Tumble Amid Economic Worries
Lawmakers in the European Union voted in favor of the new crypto licensing regime MiCA, but the crypto market has been seeing losses across the board. That market updates and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
PV01's Max Boonen on Using Blockchain Tech to Target Issues in Debt Capital Markets
PV01, launched last month, uses blockchain technology to target long-standing issues in debt capital markets. PV01 CEO and founder Max Boonen, who also helped get the giant crypto market maker B2C2 off the ground, joins "First Mover" to weigh in on the March banking crisis, along with PV01's first product: tokenized, on-chain versions of one-month U.S. Treasury bills.
Bitcoin Falls Toward $28K, Slipping for the Third Straight Day
Bitcoin (BTC) is down for a third straight day on Friday, falling roughly 9% in the last seven days. Crypto is Macro Now economist Noelle Acheson explains the drawback, saying, "everything seems to be in a wait and hold mood...[and] it's especially noticeable in the volatility of crypto assets." Acheson is also the former head of research at CoinDesk and Genesis Trading.
PV01 CEO: 'End Game' Is Digital Corporate Bonds
PV01, a startup launched last month, uses blockchain to target long-standing issues in debt capital markets. "With all the infrastructure that we have with the blockchain, it makes no sense that at this stage, we don't have something that we can call a digital bond," said PV01 CEO Max Boonen. Plus, Boonen discusses his "end game" for issuing corporate bonds.
EU Lawmakers Raise Concerns on Digital Euro Plans
During a Wednesday debate, members of the European Parliament raised concerns over privacy, state control and the role of banks, and some are starting to wonder if the project is worth pursuing at all. CoinDesk Executive Director of Global Content Emily Parker discusses the latest development and how this compares to the future of CBDCs in the United States.