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Russian Central Bank Attributes Recent Ruble Depreciation to Lower Forex Sales by Exporters
12.4.2023
The Russian central bank has attributed the ruble’s latest plunge against the U.S. dollar to the temporary reduction “in sales of foreign currency earnings by exporters.” The central bank also revealed that the Chinese yuan accounted for 39% of the Russian forex market’s...
XRP Trading Volumes Surges to Billions of Dollars on South Korean Crypto Exchanges
30.3.2023
XRP trading made up nearly 50% of all volumes on Korbit, a prominent local exchange
Bitcoin Trading Volumes Have Collapsed – Here’s What That Means for the BTC Price?
28.3.2023
Bitcoin trading volumes have collapsed in the past few days. According to data sourced from CoinGecko, daily Bitcoin trading volumes across major exchanges fell to as low as $14.5 billion on Monday, its lowest level since the 5th of March.
That’s a huge drop after Bitcoin daily trading volumes...
Bitcoin Spot & Derivative Trading Volumes Surge – Bullish for the BTC Price?
24.3.2023
Bitcoin spot and derivative trading volumes have been surging in the past few weeks in tandem with the cryptocurrency’s aggressive rally from early monthly lows under $20,000.
That suggests there is a lot of conviction behind the recent move higher, which saw Bitcoin eclipse $28,000 this week...
SVB collapse chilled NFT trading volumes: Nifty Newsletter, March 15–21
22.3.2023
Cointelegraph explored the United Arab Emirates to see how NFTs are used in the region
Bitcoin Trading Volumes Keep Trending in the Right Direction – Can BTC Sustain Its Bull-run?
21.3.2023
Bitcoin’s bull run since the start of 2023 which has seen its price jump by close to 70% has been accompanied by a rise in Bitcoin trading volumes.
Daily trading volumes recently hit their highest level since the aftermath of the FTX collapse at more than $70 billion.
Bitcoin was last changing...
SVB collapse chilled NFT trading volumes: DappRadar
17.3.2023
Only 11,440 NFT traders were active on March 11 which was the lowest figure recorded since November 2021
SVB Collapse Tanked NFT Trading Volumes, DappRadar Report Suggests
16.3.2023
The day after Silicon Valley Bank collapsed, the number of active NFT traders dropped to its lowest point since November 2021
Bitcoin’s Price Drop Causes Over $200 Million in Long Liquidations Across Crypto Derivative Exchanges
3.3.2023
On Feb. 24, 2023, bitcoin’s price remained above the $23,000 threshold and then rose to a peak of $23,829 per unit on March 1. On March 2 at 8 p.m. Eastern Time, the price of bitcoin fell, dropping below the $23,000 mark. This decline resulted in a significant $237.97 million worth of long...
NFT Trading Volumes Hit $2B in February, Highest Since LUNA Crash, Thanks to Blur
2.3.2023
According to DappRadar’s February report, the catalysts for the huge spike include the ongoing NFT marketplace war and Yuga Labs’ loyal fans and successful launches
Chainlink and Monero trading volume declines, what does this mean for Orbeon Protocol?
28.2.2023
Despite price increases throughout January, Monero (XMR) and Chainlink (LINK) have experienced declines in trading volume. Recent market corrections have cast a cloud of doubt among investors, who are now less willing to buy into projects. While this could negatively impact Orbeon Protocol (ORBN)...
Southeast Asia’s Largest Bank DBS Sees 80% Increase in Bitcoin Trading Volume on Its Crypto Exchange
20.2.2023
The largest bank in Southeast Asia, DBS, has revealed that bitcoin trading volume on its cryptocurrency exchange jumped 80% in 2022 while ether trading volume surged 65%. “We believe that the market has decisively shifted its focus towards trust and stability, especially in the wake...
Market Demand Pushes Trading Volumes on DEX Level Finance to Over $1B
16.2.2023
The decentralized exchange was launched just over two months ago and earned lifetime fees of $1.2 million
Crypto Derivative Volumes Saw Speedy Growth as Prices Rose in January
8.2.2023
The numbers suggest speculation, not accumulation, was behind sizable gains for bitcoin and ether, according to a report
Canto DEX Trading Volumes Bump 200% Ahead of Key Improvement Proposals
25.1.2023
Canto tokens prices have already tripled since Jan.1
Decentralized Exchange Trading Volumes Remain Lackluster in the New Year, Uniswap Leads the Way with Daily Swaps
14.1.2023
According to statistics, decentralized exchange (dex) monthly trading volumes have dropped significantly since Jan. 2022. After a brief spike in volume in Nov. 2022, dex trade volumes have been lackluster for the past 44 days. As of Jan. 14, 2023, Uniswap version three (V3) has the highest trade...
Brazilians Turn to Stablecoins as Alternative to US Dollar for Hedge Against Volatility
11.1.2023
Brazilians are turning to stablecoins as a way of shielding themselves from the volatility of economic circumstances. This is happening now in the wake of the inauguration of the new government of Luis Inacio “Lula” Da Silva. According to statements coming from exchange executives...
Binance Led Market Share in 2022 Despite Overall Decline in CEX Volumes
4.1.2023
The crypto exchange dominated the market with about a two-thirds share among 11 leading exchanges
Biggest Movers: SOL Surges 8%, as ATOM Nears 1-Month High
3.1.2023
Solana was up by almost 8% on Tuesday, as the token rose for a fifth consecutive session. Recent moves have come despite the Christmas and New Year period, where market volumes were somewhat muted. Cosmos was also in the green, as prices rose to a multi-week high. Solana (SOL) Solana (SOL) was...
Global Cryptocurrency Trade Volumes Saw a Significant Decline in December 2022
1.1.2023
According to statistics, daily cryptocurrency trade volumes have dropped significantly during Dec. 2022. On Jan. 1, data shows that $22.95 billion was traded in the last 24 hours, compared to double that amount, $54.78 billion, two weeks earlier. On November 8, 2022, 54 days prior, amid the...