DeFi is currently $14.37 billion in overall volume. It accounts for 17.43% of the entire 24-hour volume in the crypto market.
In the previous 24 hours, the global cryptocurrency market capitalization surged 0.16% to $1.88 trillion. However, trading volumes declined 14.95 percent to $82.43 billion.
The total volume of stablecoins is currently at $68.30 billion. It accounts for 82.86%of the total 24-hour volume of the cryptocurrency market.
The most valuable cryptocurrency was trading at $41,867. Bitcoin’s market share is now 42.18 percent, up 0.05 percent from yesterday. In the last 24 hours, Polkadot decreased 0.03 percent to Rs 1,488.75, and Tether is now trading at Rs 77.59.
Dogecoin increased by 2.88 percent to Rs 9.538. Algorand (ALGO) increased 0.2 percent to Rs 59.36, while Terra (LUNA) rose 3.35 percent to Rs 7,100.
C2X raised $25 million in a private token sale that includes purchases from FTX Ventures, Jump Crypto, and Animoca Brands. The platform is valued at $500 million as a result of the investment. C2X has also stated that it intends to issue its own publicly traded cryptocurrency.
March 21st, 2022, With Galaxy, Goldman Sachs conducts the first over-the-counter cryptocurrency trade.
Michael Novogratz’s Galaxy says it’s building on the relationship with Goldman as more Wall Street clients seek to push into cryptocurrency trading.
Goldman Sachs, the Wall Street behemoth, made an over-the-counter (OTC) cryptocurrency-related exchange with Galaxy Digital, a digital-asset financial firm, in what the companies are calling a first.
Galaxy, based in New York, announced the deal in a press release on Monday. The transaction was represented as a bitcoin (BTC) non-deliverable option, which is a sort of cash-settled cryptocurrency options trading, according to the statement.
Galaxy stated, “This marks the first OTC crypto transaction by a major bank in the U.S. as Goldman Sachs continues expanding its cryptocurrency offerings, demonstrating the continued maturation and adoption of digital assets by banking institutions.”
As per the statement, the purchase reflects a continuance of Galaxy’s engagement with Goldman Sachs.
Due to increased demand from institutional clients, Goldman Sachs has reopened its crypto trading desk. In June, Galaxy announced that it would provide liquidity to Goldman Sachs for bitcoin futures block trading on the CME exchange. Michael Novogratz, who spent 11 years at Goldman Sachs, created the company.