On December 17, Coinbase recorded USD 1.184 billion in bitcoin (BTC)/USD volume, outperforming offshore counterpart Bitfinex by USD 675 million. Growing Coinbase BTC/USD volume compared to Bitfinex has been ongoing since 2019.
The new rules would introduce new transaction reporting and KYC procedures for crypto involving certain entities. These rules have largely been met with criticism from the crypto community.
Bitcoin (BTC) has decisively broken above 20,000. Contrasting to 2017, a narrative of institutional investment has been closely associated with the price action since at least August.
Grayscale Bitcoin Trust (GBTC) Total Assets Under Management (AUM) has impressively grown to over USD 10 billion since inception, making it the largest regulated, listed exchange product.
DeFi trading venues Yearn.Finance and SushiSwap revealed earlier this month that the protocols are “merging” their development resources and liquidity pools to increase total value locked on the shared venue.
Yesterday, G7 Finance Ministers concluded a meeting which was said to involve a discussion of central bank digital currencies and cryptocurrency as a primary topic of discussion.
