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“Due to the rise of Ordinals and Bitcoin L2s, there are reasons to be bullish on the Bitcoin ecosystem. We are entering an era of Bitcoin that we have never seen before,” one market watcher told CoinDesk.
Bitcoin endured its worst daily drawdowns in 4 months, dipping over 7% to nearly $40,000. $XRP, $LINK, $ADA declined 8%-10%.
The cryptocurrency’s volatility cuts both ways.
The exchange has also witnessed a drop in its trading volume amidst the regulatory crackdown on the entity in the U.S.
Even when the financial regulator has the power to act, years can go by before it takes enforcement action, the U.K.’s National Audit Office said.
Seamless previously operated the “OG Points” program, allowing thousands of users to earn points in their on-chain wallets.
A “flash crash” in thin trading Sunday evening, saw bitcoin’s price plunge nearly 10% from the $44,000 level in the space of a few minutes.
The central bank is now gathering feedback and improving a platform design, according to Deputy Governor Chu Mei-lie.
The rules are scheduled to take affect on July 19 next year.
Uniswap version 3 (v3) has been deployed on Bitcoin sidechain Rootstock by GFX Labs, the team behind trading terminal Oku.