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Decentralized Exchanges Posted Record $25B Daily Volume as USDC Depegged
15.3.2023
The previous high of $24.3 billion occurred in May 2021, when bitcoin was worth roughly $65,000 and ether $4,400
Bitcoin Price Prediction as $69 Billion Trading Volume Floods In – Are Whales Buying?
14.3.2023
The price of Bitcoin has been fluctuating in recent weeks, with a significant increase in trading volume reaching $69 billion. As such, many investors are left wondering whether whales are buying into the market.
This article will analyze the current Bitcoin price trend and predict where...
Exness trading volume surges to $3 trillion in February
14.3.2023
Exness, an online forex brokerage firm, releases its financial report for the month of February 2023, showing a stronger trading volume in all the areas of its trading business. As per the reports, there is a remarkable growth in trading volume for the fourth consecutive month. Trading volume...
Bitcoin Options Volume on Deribit Hits Highest Level in 22 Months as Bank Failures Breed Volatility
14.3.2023
Traders seek options to hedge against market volatility as U.S. bank failures triggered sharp repricing of interest rate expectations
Stablecoin Trading Dominates Monday’s Crypto Market, Tether and BUSD Sell at Premiums
13.3.2023
On Monday, the crypto economy experienced significant market activity with $183.85 billion in global trade volume over 24 hours, with a large portion of those trades involving stablecoins. USDC traded near parity with the U.S. dollar, and several stablecoins, including tether and BUSD, sold...
Dogecoin Price Prediction as $500 Million Trading Volume Floods In – Are Whales Buying?
13.3.2023
Investors are delicately walking on eggshells following a series of events with the potential to alter the direction of the entire market for weeks—and possibly months. The largest meme coin by market capitalization bowed to the massive overhead pressure during the weekend....
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USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement
13.3.2023
The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 on March 12, 2023, at 7:20 p.m. Eastern Time. The stablecoin jumped back to the $0.99 range after the U.S. Federal Reserve revealed it would bail out depositors of California’s Silicon Valley...
USDC Dominated Trading Volume on Decentralized Exchanges Amidst Depegging Incident
12.3.2023
On Saturday, several centralized crypto trading platforms and payment processors stopped USDC auto conversions. However, USDC experienced a significant trading volume on decentralized exchange (dex) platforms such as Uniswap, Curve, and Pancakeswap. Uniswap alone recorded $10.13 billion in trades...
Cryptocurrency Turnover Growing in Russia, Watchdog Reports to Putin
12.3.2023
Use of cryptocurrencies is increasing in Russia, the head of the country’s financial watchdog has informed President Putin. The agency, Rosfinmonitoring, is following thousands of participants in digital asset transactions with a new blockchain analytics system, the official revealed. Volume...
Circle Issues Update Amid Stablecoin Volatility; Firm Is Prepared to ‘Stand Behind USDC and Cover Any Shortfall’
12.3.2023
On Saturday, March 11, 2023, Circle Financial updated the public about its stablecoin, USDC, and noted that the stablecoin’s liquidity operations will resume normally on Monday morning in the United States. Circle said that the company’s teams would be ready on Monday to “handle...
Curve Finance trading volume reaches $7B historic high after USDC depeg
11.3.2023
The USD Coin depeg led the DeFi protocol to experience a record-breaking daily trading volume as crypto whales fight for assets
XRP Price Prediction as $1.5 Billion Trading Volume Comes In – Are Whales Buying?
11.3.2023
The sixth-largest crypto is hanging at the very edge of a cliff as uncertainties in the market mount, especially from the United States. Despite the total market cap sliding below the $1 trillion mark to stand at $963 billion on Saturday, XRP price is relatively unchanged in 24 hours but trading...
Terra Luna Classic Price Prediction as $100 Million Trading Volume Comes In – What's Going On?
10.3.2023
The Terra Luna Classic price has fallen by 12% in the past 24 hours, dropping to $0.00012029 as the news of Silvergate Bank's liquidation sends shockwaves through the cryptocurrency market.
LUNC's current price means that it has also declined by 28% in the past week and by 35% in the last 30 days...
Dogecoin Price Prediction as $400 Million Trading Volume Comes In – Can DOGE Reach $1 in 2023?
9.3.2023
The Dogecoin price has fallen to $0.071674 today, dropping by 2% in the past 24 hours, as news of Silvergate's voluntary liquidation chips away at the cryptocurrency market's overall value.
DOGE's current price means that it has declined by 12% in a week and by 20% in the last 30 days, with...
Silvergate Collapse Dragging Down Bitcoin Volume
9.3.2023
Data from CryptoQuant shows that active addresses and transfer volume have seen significant declines as Silvergate weighs heavy on the market
Terra Luna Classic Price Prediction as $50 Million Trading Volume Comes In – Can LUNC Recover This Year?
8.3.2023
Terra Luna Classic (LUNC) continues to endure bleed-out price action, as authorities in Singapore open investigation into Do Kwon - can LUNC recover?
A jaw-dropping surge of volume in the past 24 hours could be the catalyst LUNC needs for a bounce - with $57m in trading volume ripping through...
Warning sign for ETH price? Ethereum volume profile is down 90% since March 2020
6.3.2023
Ether’s 78% price recovery since July 2022 is at risk of exhaustion due to an unconvincing volume profile
Shiba Inu Price Prediction as $150 Million Trading Volume Comes In – Are Whales Buying the Dip?
6.3.2023
Shiba Inu has suffered a 1.5% fall in the past 24 hours, dropping to $0.00001105 following a difficult weekend for the cryptocurrency market as a whole. The meme token is now 14% down in a week and 13% down in the last 30 days, having risen by 36% since the start of the year....
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Brazilian Tax Authority Numbers Reveal Cryptocurrency Market Recovery in January
6.3.2023
Numbers from the Brazilian tax authority indicate that the cryptocurrency market experienced a resurgence in January, with trading increasing more than 10% compared to December. Tether’s usdt is still the currency that moves the most volume, a reality related to OTC (over-the-counter)...
Bitcoin Price Prediction as $10 Billion Weekend Volume Comes In – Where is BTC Heading Now?
5.3.2023
Bitcoin's price prediction has been a hot topic among investors and traders as the weekend volume exceeded $10 billion. The market shows mixed signals, with some indicators suggesting a bullish trend, while others point to a bearish scenario.
As investors keep a close eye on the market, various...