Crypto survey finds 47% of investors expect Ether to ‘surpass’ Bitcoin

    Fidelity Digital Assets gave a bullish forecast for ETH in the next 12 months, while a separate survey from CryptoVantage found 47% of investors expect Ether to “surpass” Bitcoin. Fidelity Digital Assets released a “Q2 2023 Signals Report” on July 18, which claimed that Ether’s outlook for the next 12 months and the long term…

    SEC crackdown on Binance and Coinbase surge DeFi trading volumes 444%

    Total daily trading volumes on decentralized exchanges have surged by nearly $800 million over the past two days. The median trading volume across the top three decentralized exchanges (DEX) jumped 444% in the past 48 hours as crypto investors reeled from the United States securities regulator’s recent legal actions against cryptocurrency exchanges Coinbase and Binance….

    Uniswap will deploy on Polkadot parachain Moonbeam

    The decentralized exchange gets a Polkadot version via the Moonbeam network. The Uniswap crypto exchange will soon be available on Moonbeam, a parachain of Polkadot, according to a May 17 approved proposal on the exchange’s governance forum. The proposal was put forward by educational group Blockchain at Michigan. It passed with near-unanimous support, with only a single…

    Binance’s market share drops on CFTC suit and no-fee trading halt: Report

    Binance’s market dominance fell largely due to its decision to end zero-fee trading for some trading pairs and not the CFTCs lawsuit, says Kaiko. The dominance of cryptocurrency exchange Binance in trading volume market share has slipped over the past two weeks following a lawsuit from the United States commodities regulator and its decision to…

    Crypto users turned to DEXs, loaded up on USDC after Silicon Valley Bank crash

    The collapse of FTX led to a similar exodus from centralized exchanges, as users worried they may lose access to funds during crises. The collapse of Silicon Valley Bank saw investors loading their bags with USD Coin, along with an exodus of funds from centralized exchanges (CEXs) to decentralized exchanges (DEXs). Outflows from centralized exchanges often…

    Crypto funding seen shifting from CeFi to DeFi after major collapses: CoinGecko

    “NFTfi,” on-chain derivative platforms, decentralized stablecoins and Ethereum L2s are four investment opportunities being looked at closely by one crypto investment firm. Digital asset investment firms poured $2.7 billion into decentralized finance projects in 2022, up 190% from 2021, while investments into centralized finance projects went the other way — falling 73% to $4.3 billion…