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The European Central Bank has revealed that one in 10 households in the Eurozone have invested in digital assets such as Bitcoin, with wealthier households being slightly more likely to have invested.

Leading decentralized exchange Uniswap has processed over $1 trillion in lifetime trading volume. The exchange regularly processes over $1 billion in trading volume per day and has been used by 3.9 million addresses.

Nasdaq-listed cryptocurrency exchange Coinbase has entered the Fortune 500, a list ranking the biggest U.S. companies by revenue, making it the first cryptocurrency company to enter the list.

Sponsored: Binance has launched a special promotion for new Binance Card users!

Top stories in the Crypto Roundup today:

  • 10% of Eurozone Households Own Crypto, ECB Reveals
  • Decentralized Exchange Uniswap Surpasses $1 Trillion in Lifetime Volume
  • Coinbase Becomes First Crypto Firm to Enter Fortune 500 List
  • Sponsored: Get 5 BUSD & Stand a Chance to Win 1 Bitcoin in Token Voucher with Binance Card!

 
24 hours chart of the price of BTC
 

10% of Eurozone Households Own Crypto, ECB Reveals

 

The European Central Bank has revealed that one in 10 households in the Eurozone have invested in digital assets such as Bitcoin, with wealthier households being slightly more likely to have invested.

The central bank’s data comes from a new survey conducted in six eurozone areas: the Netherlands, Spain, Italy, Belgium, France, and Germany. It found that 6% of respondents said they own over €30,000 ($32,050) worth of digital assets, while 37% owned up to €999 ($1,065) in crypto.

In every country the ECB’s Consumer Expectation Survey was conducted, the richest 20% of respondents were more likely to own digital assets while a larger proportion of lower-income households reported owning crypto than those in the middle. The ECB said:

“On average, young adult males and highly educated respondents were more likely to invest in crypto-assets in the countries surveyed.”

In its report on the findings, the ECB reiterated that it believes digital assets are unsuitable for most retail investors and urged European Union authorities to approve new rules on crypto.

 
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Decentralized Exchange Uniswap Surpasses $1 Trillion in Lifetime Volume

 

Leading decentralized exchange Uniswap has processed over $1 trillion in lifetime trading volume. The exchange regularly processes over $1 billion in trading volume per day and has been used by 3.9 million addresses.

Uniswap was first launched in 2018 and has been dominating the decentralized exchange market since last year, accounting for a majority of trading volume in the space. The exchange has often seen trading volume comparable to that of centralized exchange Coinbase, while staying far below leading centralized exchange Binance.

The exchange is currently supported on Ethereum and layer-2 scaling solutions including Polygon, Optimism, and Arbitrum. It’s now set to expand to two Ethereum Virtual Machine compatible chains.

Beyond facilitating decentralized crypto trades, Uniswap has recently launched a Web3 ventures wing and tapped a new head of policy to navigate crypto regulations.

 
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Coinbase Becomes First Crypto Firm to Enter Fortune 500 List

 

Nasdaq-listed cryptocurrency exchange Coinbase has entered the Fortune 500, a list ranking the biggest U.S. companies by revenue, making it the first cryptocurrency company to enter the list.

The exchange posted revenue above $7.8 billion in fiscal 2021, to place 437th on the 2022 list published earlier this week. The exchange was singled out by Fortune’s editor-in-chief Alyson Shontell as one of “several pandemic winners” that “thrived under the freakish circumstances of COVID.”

Topping the Fortune 500 list was retail giant Walmart with $573 billion in revenue. It was followed by Amazon and Apple, which brought in $470 billion and $365 billion respectively.

The Fortune 500 list represents two-thirds of U.S. gross domestic product, with revenue totaling $16.1 trillion.

 
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Get 5 BUSD & Stand a Chance to Win 1 Bitcoin in Token Voucher with Binance Card!

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The first 10,000 eligible users who complete the following tasks during the activity period will be eligible to each receive a 5 BUSD token voucher. Among all the eligible users, five users will be selected based on the rules to each receive 1 Bitcoin in token voucher.

  • Apply for a Binance Card.
  • Complete KYC verification and all other onboarding procedures for Binance Card.
  • Fulfill at least one transaction on the Binance Card with a minimum value of 10 EUR equivalent.

Disclaimer

Terms and conditions apply. Cryptocurrencies are unregulated. Cryptocurrency profits may be subject to Capital Gains Tax. The value of investments is variable and can go down as well as up.

 
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