Market Wrap: Bitcoin Tests $13.6K as DeFi Total Value Locked Dips Below $11B
Bitcoin’s price hit $13,600 before retrenching while some investors pulled crypto out of DeFi.
Along with the halving, Zcash has rolled out its Canopy upgrade that replaces the Founders Reward with built-in funding for development.
XMR, DASH and ZEC "were delisted at the same time for the same reason – to further derisk the company from a regulatory standpoint."
While Bittrex gave no reason for the removals, exchanges around the world have been moving to delist coins that seek to hide the activity of their users.
In the latest CoinDesk 20 revision, five assets were replaced by crypto assets that saw recent quarterly volume surges.
Bitcoin’s price bounced Wednesday as Ethereum transaction fee data shows a DeFi downturn.