Upbit’s 24-hour crypto trading volume stood at $3.79 billion at press time, down 75% from the high of $15 billion on March 5, CoinGecko data show.
More than $187 million was lost due to hacks in the crypto space in March, while nearly $99 million was recovered.
Bitkub’s online crypto trading platform is currently valued at 6 billion baht, or around $165 million, according to a Bloomberg report.
The exchange’s owner signaled its intention to sell shares to the public in a 2023 letter that didn’t give a timeframe.
Tether bought 8,888 more bitcoins in the first quarter of 2024, increasing its total holdings to about 75,354 BTC (worth over $5.2 billion).
Degen Chain was released last week as a specialized network that sits atop Base, which itself is an Ethereum layer 2.
The world’s largest cryptocurrency saw a minor price dip on Monday afternoon in Asia, as it continues fluctuating around $70,000.
Increases in deposits have been observed in protocols like Etherfi, Renzo, Kelp, and Puffer, attributed to the integration with EigenLayer.
Bitcoin’s annualized 30-day historical or realized volatility rose to nearly 60% late last week, surpassing ether’s 30-day realized volatility by nearly 10 percentage points.
All eyes are on the upcoming Bitcoin halving event.
