TOP-5 cryptocurrency news for August 13
Cryptocurrency news for August 13 from CoinShark journalists. Today we will talk about the growth in the value of ETH, Uniswap trading volume and mining profitability, as well as other relevant news in the cryptosphere.
The price of ETH broke $2,000 this week amid news of the imminent implementation of the Merge upgrade. Over the past week, the market value of Ethereum has risen by about 16%.
Uniswap's trading volume is declining due to low investor activity. DEX volume for the first month of Q3 2022 was about $37.8 billion. And although this figure is higher than that of competitors, it fell by 18% ($46.4 billion) compared to June.
Mining profitability is up 68.63% from the lowest level of 2022 recorded in July. Over the month (July 13 - August 12), miners' income increased from $13.928 million to $23.488 million.
Brazil is tokenizing its gold reserves to bring transparency to the sector and make illegal mining more difficult. According to the authorities, illegal operations cause huge damage to the environment. By fixing all precious metal mining operations on the blockchain, it will be possible to better control production processes.
The Japanese bank Shinsei Bank plans to offer customers gift coupons for various actions (opening an account, transferring salary to the bank), which can be redeemed and receive XRP or BTC to your wallet. The promotion will run from August 10 to October 31.
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