New Report: LATAM's rise in global crypto markets
Stablecoin
29/04/2024 Data Debrief
Tether Loses Market Share.Welcome to the Data Debrief! BTC closed the week in the red as stagflation fears mount in the US, trading early Monday just above $62k. In other news, Consensys sued the SEC, Venezuela chose USDT for oil payments to sidestep sanctions, and US authorities arrested co-founders of a crypto mixing service.
Written by The Kaiko Research TeamBitcoin
22/04/2024 Data Debrief
Bitcoin Halving Is HereWelcome to the Data Debrief! The much-anticipated fourth Bitcoin halving went live on April 20. While BTC ended the week flat, transaction fees experienced strong volatility following the launch of Runes, a protocol for issuing fungible tokens on Bitcoin.
Written by The Kaiko Research TeamAsia
15/04/2024 Data Debrief
Crypto Fee War Heats Up in South KoreaWelcome to the Data Debrief! Last week, BTC fell in tandem with risk assets amid escalating geopolitical tensions. However, it regained ground early on Monday after Hong Kong reportedly approved spot BTC and ETH ETFs. In other news, the U.S. SEC issued a Wells notice to Uniswap Labs, and MarginFi experienced over $200 million in outflows as its founder exited.
Written by The Kaiko Research TeamBitcoin
08/04/2024 Data Debrief
All Eyes on the Bitcoin HalvingWelcome to the Data Debrief! BTC had a shaky start of the new quarter, closing last week flat before surging above $72k early Monday. In other news, DeFi protocol Ethena airdroped its ENA token, Ripple announced a stablecoin, and the Ethereum Foundation proposed to reduce ETH issuance.
Written by The Kaiko Research TeamCEX
02/04/2024 Data Debrief
The Impact of the KuCoin ChargesBitcoin dropped 5% early Tuesday as the U.S. Dollar index climbed to four month highs. Meanwhile, SBF was sentenced to 25 years, three AI protocols announced plans to merge, and the London stock exchange decided to allow applications for crypto ETNs.
Written by The Kaiko Research TeamBitcoin
25/03/2024 Data Debrief
The Return of the Flash CrashBitcoin closed the week in the red, slipping to $67k, amid rising GBTC outflows. In other news, Blackrock unveiled its first tokenized fund on Ethereum, Genesis reached a $21mn settlement with the SEC, and the Ethereum Foundation is reportedly facing a probe by a regulator.
Written by The Kaiko Research TeamEthereum
18/03/2024 Data Debrief
ETH Lags Post-UpgradeBitcoin saw significant volatility over the week, breaking another all-time high before losing most of its gains and closing the week down. In other news, Coinbase is planning a $1bn bond sale, Grayscale filed to launch a low fee GBTC spinoff and U.S. inflation came in hotter than expected.
Written by The Kaiko Research TeamBitcoin
11/03/2024 Data Debrief
Bitcoin Can't Stop ClimbingThis morning, BTC hit a new all time high of $72.2k, just days after hitting a previous high. ETH also crossed $4k for the first time since 2021. In other news, PayPal launched zero-fee remittances for PYUSD users, bankrupt crypto lender BlockFi settled with the FTX & Alameda estates, and the U.S. SEC delayed BlackRock and Fidelity’s applications for spot ETH ETFs.
Written by The Kaiko Research Team