In crypto news today: Crypto market is green today Tezos-Powered Marketplace Allows Buying Physical Uranium for the First Time Tokengate and Denario Give Retail Investors Access to Tokenized Silver Binance Inflows Nearly 40% Higher Than Next 10 Exchanges Combined __________ Crypto market is green today The crypto market continues to rise. The global cryptocurrency market capitalization went up 1.4% over the last day. It now stands at $3.73 trillion, slowly moving to $4 trillion. At the same time, the daily crypto trading volume is the highest we’ve seen it in a while, reaching $418 billion. Nearly all top 100 coins appreciated in the last 24 hours. In top 10 coins per market cap category, Cardano (ADA) is the only red coin, falling 3.2% to $1.23. Bitcoin (BTC) is up some 2.3%, trading at $96,431, while Ethereum (ETH) recorded a 2.5% increase to $3.694. Read more below. Get the full market update here: Why Is Crypto Up Today? Tezos-Powered Marketplace Allows Buying Physical Uranium for the First Time In crypto news today, a new Tezos -powered marketplace for trading uranium, Uranium.io , is now live. Per the press release, it has launched as a decentralized application (dapp) on Etherlink , an EVM-compatible Layer 2 blockchain powered by Tezos Smart Rollups . It is an intuitive tool for users to discover U3O8, aka “yellowcake,” an important intermediate step in the production of nuclear fuel. Hence, users can connect a wallet and purchase physical uranium. Benefits include intuitive onboarding, KYC verification process, and reduced counterparty risk, as the use of smart contracts automates trade settlement and custody transfers. This eliminates the need to rely on traditional intermediaries who could default on their obligations. Introducing @uranium_io ! By leveraging a decentralized ledger and smart contract capability, tokenized uranium enables holders to own digitally allocated yellowcake uranium stored in a robust physical vault. Available on @etherlink , the EVM-comptabile L2 blockchain… pic.twitter.com/gz99RAI5uk — Tezos (@tezos) December 3, 2024 Additionally, the UK-registered crypto exchange Archax provides support for the platform, as well as Curzon Uranium , a major uranium trading company that has traded more than $1 billion worth of uranium since its inception. Physical U3O8 purchased will be maintained at a regulated depository owned and operated by Cameco , one of the largest global providers of uranium. The dapp is “purpose-built to eliminate barriers to an asset class that is powering the AI revolution,” the team behind it said. Up until now, it added, only institutional investors could access it. Tezos co-founder Arthur Breitman commented that “real-world assets on-chain are compelling when they meaningfully reduce friction or enable new economic arrangements.” The launch of Uranium.io on Tezos is a perfect example, he added, “transforming a market previously restricted by massive lot sizes and OTC overhead into something accessible and composable. This is particularly exciting as nuclear power is experiencing a revival.” You might also like Uranium-backed Token Uranium3o8 Goes Live on Uniswap Tokengate and Denario Give Retail Investors Access to Tokenized Silver Real-world asset tokenization specialist Tokengate and digital precious metals company Denario announced a strategic partnership to expand access to tokenized silver. According to the press release, the partners’ goal is to provide retail investors with a secure, accessible way to invest in physical silver stored safely in Switzerland. Additionally, the partnership will focus on two key areas to boost Denario’s silver token. The first is streamlined access via Tokengate to allow retail investors to effortlessly buy, sell, and hold Denario’s silver tokens. The second one is boosting liquidity and exploring the deployment of the token on the Hedera Blockchain . Silver is more than just a commodity—it's a strategic asset in uncertain times. As @SilverInstitute highlights in must-read new report, diversification with silver offers institutional investors a hedge against volatility and a pathway to resilience in shifting global markets.… https://t.co/bLMpqF9AXT — Denario.Swiss (@DenarioSwiss) November 28, 2024 “This partnership with Tokengate is a major step forward for Denario,” said Yonghan Lee, CEO of Denario. “Silver is an ideal store of value and a hedge against inflation, yet it remains an undervalued precious metal.” Denario offers the first and only investable silver granules token on the market, Lee added. “By working with Tokengate, we can ensure that everyone has the opportunity to participate in the silver market.” You might also like PancakeSwap Reveals ‘Affiliate’ Initiative to Enable Forks Across Blockchains Binance Inflows Nearly 40% Higher Than Next 10 Exchanges Combined in other crypto news today, major crypto exchange Binance said users’ funds inflows this year are almost 40% higher than the total of the next 10 crypto exchanges combined. Citing DefiLlama data, Binance stated that it accounts for $21.6 billion in inflows in 2024 so far. The next ten exchanges account for %15.9 billion (36% more). Source: Binance Per the announcement shared with Cryptonews, Binance inflows have been supported by heightened global optimism over digital assets. Additional drivers include major regulatory wins, growing adoption, and historical price milestones. “Another strong driver of inflows could be the success of the Binance Launchpool program this year, reflecting the growing user interest in new tokens,” said the team. “Binance has observed that these funds tend to stay on the platform.” You might also like Binance Accused of Freezing Palestinian Crypto Assets __________ Bookmark this page and subscribe to our newsletter for the latest crypto news updates! The post What’s Happening In Crypto Today? Daily Crypto News Digest appeared first on Cryptonews .
