BIS report on DeFi activity reveals institutional traders heavily outmaneuver retail on Uniswap

The Bank for International Settlements (BIS) has revealed that institutional players dominate liquidity provision on decentralized exchanges (DEXs) like Uniswap, according to a Nov. 19 report, In a recent report titled “Decentralized Dealers,” the BIS analyzed the behavior of sophisticated and retail participants in Uniswap v3’s liquidity pools. The study examined their responses to market activities…

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ETH Price Stalls as Ethereum DApp Volumes Hit 38% Monthly Growth

Ethereum (ETH) dominates in on-chain activities as it generated $163.7 million in fees in the last 30 days against the $133.4 million recorded by Solana (SOL). Ethereum also recorded an on-chain volume of $149.9 billion, outshining BNB Chain, which has a lower transaction fee.  Ethereum (ETH) is struggling to retest its crucial resistance level at…

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Coinbase Ditches wBTC, Backs Its Own Bitcoin-Wrapped Token, cbBTC

Coinbase launches cbBTC on Solana, allocating $10M to protocols and $500K for liquidity reserves.   Coinbase delists wBTC citing listing standards amid scrutiny over BitGo’s ties to Justin Sun’s BiT Global.   Transparency issues and lack of proof-of-reserves fuel debate over Bitcoin-wrapped tokens cbBTC and wBTC.   The battle for dominance in the Bitcoin-wrapped token space intensified as…

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SUI Hits All-Time High, But Weakening Trend Halts $4 Breakout

SUI price has been on a remarkable run, recently reaching a new all-time high and climbing nearly 74% in the past month. This surge reflects growing momentum for the asset, fueled by increasing adoption and market activity. Alongside price performance, SUI’s Total Value Locked (TVL) has also been breaking records, hitting $1.65 billion before slightly…

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