Crypto derivatives exchange Deribit experienced an unusual trend for the first time ever on Monday: Its ether (ETH) options trading volume surpassed that of bitcoin's (BTC's). While the total trading volume for bitcoin options was $879.5 million on Monday, ether's was $1.32 billion, which is 50% mor...
$252 million — that's how much revenue the decentralized finance (DeFi) ecosystem's top protocols generated during the month of April, according to The Block's Data Dashboard. Of that amount, DEX protocol Uniswap generated $113.66 million. The revenue generated by DeFi protocols covers what is earne...
PayPal is exploring the launch of a stablecoin, The Block has learned. Four sources with knowledge of the situation told The Block that PayPal has made the rounds among some of the industry’s stablecoin protocol developers — suggesting the payments giant may be leaning towards working with a third-p...
Crypto exchange FTX has hired a former forex sales executive from HSBC, the U.K.'s largest bank, as it prepares to serve traditional financial institutions. Jonathan Cheesman, most recently the head of forex sales to hedge funds and banks in London, has joined FTX as head of over-the-counter and ins...
Exchange giant CME Group has launched micro bitcoin futures, smaller-sized derivatives contracts, opening the door for a broader customer base. The micro bitcoin futures are 1/10th the size of one bitcoin and will be settled in cash. CME first revealed the product in March. "At one-tenth the size of...
Crypto bank SEBA announced Monday that it has added support for three decentralized finance (DeFi) tokens: Uniswap (UNI), Synthetix (SNX), and Yearn Finance (YFI). The development means SEBA's clients can now trade and custody these tokens with the bank. They will also be able to access these tokens...
Ether (ETH), the world's second-largest cryptocurrency by market capitalization, has crossed the $3,000 mark for the first time. At the time of writing, the ETH price is trading near $3,100 on Coinbase, according to tracker TradingView. The price has continued to rally this year, with gains surging ...
Today, NULS launched its new identity platform. This new revitalized identity signals to stakeholders, its developer community, and customers the significant progress made over the past year. NULS is an open-source, enterprise-grade, adaptive blockchain platform that offers fast-track busines...
Last week, Bitcoin covered a nearly 20% range before closing near $56,625 - approximately 15% higher than the week's opening. The altcoin marketcap climbed with Bitcoin, beginning the week near $937 billion and ending the week near $1.153 trillion. [Trade with up to 100x leverage on KuCoin Futures] Bitcoin's pri...
Data collected by The Block Research shows that spot trading volumes on legitimate exchanges hit a new all-time high for April. As noted by The Block's Lars Hoffmann, the exchanges listed below saw a collective $1.58 trillion in spot trade volume last month. The $1.58 trillion figure represents a 49...

3 coins to keep an eye on 👀

Subscribe to receive a weekly selection of 3 coins to watch closely, based on upcoming events and technical analysis.