First Mover Asia: Bitcoin Opens Week Defending $30K Support Level
PLUS: The dYdX Foundation's Charles d'Haussy says that dYdX's move away from Ethereum might be the beginning of a broader trend.
24H Price
The dYdX price is $2.15, a change of -0.71% over the past 24 hours as of 6:24 a.m. The recent price action in dYdX left the tokens market capitalization at $373,584,084.86. So far this year, dYdX has a change of 95.18%. dYdX is classified as a DeFi under CoinDesks Digital Asset Classification Standard (DACS).
PLUS: The dYdX Foundation's Charles d'Haussy says that dYdX's move away from Ethereum might be the beginning of a broader trend.
The DEX said users can now trade bitcoin and ethereum on the public testnet.
The surge in DYDX comes as the SEC alleges BNB and BUSD – tokens belonging to centralized exchange Binance – are unregistered security offerings.
The conversation was initiated to promote more decentralization within the dYdX ecosystem ahead of its v4 upgrade.
CoinDesk’s Bitcoin and Cryptocurrency Calculator determines the exchange rates between major fiat currencies and cryptocurrencies – including BTC, BCH, ETH and XRP to USD, EUR, GBP, IDR and NGN – with up to six decimal places of accuracy. Conversion rates are based on CoinDesk’s Bitcoin Price Index and the price indices of other digital assets. World currency prices are based on rates obtained via Open Exchange Rates.
Diving in deeper on cryptocurrency.