Uniswap represented over 45% of total DEX volume.
Bitcoin News Roundup for Feb. 1, 2021
With BTC stalling and the price of silver soaring to eight-year highs, CoinDesk’s Market Daily is back with the latest news roundup.
Grayscale Reopens Its Ethereum Trust to Investors
Digital asset manager Grayscale Investments said Monday that its Ethereum Trust (OTCQX: ETHE) is again open to accredited investors. Read more: Digital Asset Manager Grayscale Eyes DeFi Space With New Trust Filings
Singapore’s SDAX Gets In-Principle Approval to Launch Digital Asset Exchange
SDAX now has in-principle approval from Singapore’s central bank for its Recognized Market Operator license.
Switzerland’s Tokenized Securities Law Ushers In New Chapter for Digital Assets
Regulated crypto banks SEBA and Sygnum each issued tokenized securities to mark the occasion.
XRP Pump Fails to Materialize as Price Crashes 40% From Day’s High
The hefty drop comes despite a community buying effort scheduled for this morning.
First Mover: Silver Is the New GameStop as Musk’s #Bitcoin Stalls
As bitcoin trades in a range, traders are studying the “Grayscale premium” and watching traditional markets for clues to the next market move.
Mark Cuban Hails ‘Store of Value Generation’ Taking on Wall Street
Cuban believes WSB traders are applying the principles of the crypto world to the stock market.
Fine Wines Become First Tokenized Securities Under New Swiss Blockchain Law
In effect from today, Switzerland’s new blockchain law allows Sygnum to freely issue tokenized assets, starting with investable wines.
Crypto Lender Nexo Adds Exchange Service to Its Mobile App
Nexo’s new service provides more than 75 cryptocurrency and fiat currency pairs for trading.