Crypto News
DEX Platform Pancakeswap Dethrones Uniswap in Weekly Volume Race
Per data aggregated from coinmarketcap.com and defillama.com, the decentralized exchange (DEX) platform Pancakeswap has eclipsed Uniswap in seven-day trading volume this week. DEX Volume Wars Analytics unveiled via a Sunday post on X by coinmarketcap.com’s social media account reveal that the DEX Pancakeswap secured the top position in this week’s trading volume figures. “With overSource link
Bitcoin Price Watch: Fibonacci Levels Signal Potential Rebound if $85K Holds
Bitcoin’s price stands at $84,968 to $85,168 over the last hour, with a market capitalization of $1.68 trillion and 24-hour global trade volume totaling $10.64 billion. The cryptocurrency has traded within a $1,551 intraday range between $83,682 and $85,233 and remains 21.7% below its all-time high posted on Jan. 20, 2025. Bitcoin On the dailySource link
Trump’s Policies Threaten US Dollar Dominance, Warns Economics Professor
In a recent essay for the Financial Times that is heating up discussions in economic circles, Berkeley professor and author of Exorbitant Privilege: The Rise and Fall of the Dollar, Barry Eichengreen argues that President Donald Trump’s policies are significantly undermining the foundations of U.S. dollar dominance and international economic relationships. Eichengreen highlights concerns overSource link
Fidelity Seeks SEC Approval for Ethereum-Integrated US Treasury Money Market Fund Hosted
Fidelity Investments has filed with the U.S. Securities and Exchange Commission (SEC) to launch the Fidelity Treasury Digital Fund, an institutional-focused money market fund that will use blockchain technology to record share ownership while investing primarily in U.S. Treasury securities. Fidelity’s Proposed Fund Uses Ethereum Blockchain for Secondary Share Recording The fund, detailed in aSource link
Tokenized Treasuries Hit $4.77B as Blackrock’s BUIDL Gains $463M in 8 Days
Recent figures reveal Blackrock’s USD Institutional Digital Liquidity Fund (BUIDL) has ballooned by $463 million in a brisk eight-day span. Since the opening week of March, tokenized U.S. Treasury funds have expanded by a striking $720 million, marking a significant leap in their financial footprint. Tokenized Treasury Funds—A 566% Leap in 12 Months Tokenized TreasurySource link