Bitcoin Beats Rest of Crypto Market as Ether, DeFi Tokens Struggle
Bitcoin’s market share of all cryptocurrencies rises to highest since April 2021.
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Bitcoin’s market share of all cryptocurrencies rises to highest since April 2021.
The email from Philip Davis was presented in court on Tuesday as part of prosecutors’ fraud case against the FTX founder.
The fund’s shares have traded at a discount to NAV since December 2021.
The ascent in bitcoin’s dominance rate is consistent with the bullish breakout in June, which marked the end of a prolonged range play between 38% and 48%.
An amended proposal released early Tuesday will be filed by the FTX Debtors by mid-December if approved.
Several traders experienced ‘slippage’ as liquidity declined across major exchanges.
Meanwhile, the market continues to trend downwards amid higher-than-expected U.S. PPI and CPI Data
The entity behind popular DeFi exchange Uniswap will levy a small fee – the first in its history.
The network, which just went live a couple weeks ago as a so-called optimistic rollup – the core underpinning of OP Stack – will now become a “ZK-rollup,” which is what Polygon’s software kit provides.
Addresses tied to the bankrupt crypto exchange controlled by a creditors’ group have apparently staked the tokens to earn yield, blockchain data suggests.