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Dex Trade Volumes Jumped 32% in October; November’s First Week Ends With Strong Activity
8.11.2023
After experiencing a slump in September, with a trading volume of $30.22 billion, decentralized exchange (dex) activity saw a surge in October, climbing by over 32% to $39.98 billion. The momentum in dex trade volume has been consistent in November, with the past week alone accounting for...
Spot Trading Volumes Surge in October, Reaches Highest Level Since January 2021: CCData Research
8.11.2023
Source: Pixabay Spot trading volumes on centralized crypto exchanges saw a significant surge last month, marking the highest month-on-month increase since early 2021. According to research from CCData, the total spot trading volume rose by 87.2% to $632 billion in October, the highest monthly...
Binance Launches High-Yield USDT Earning Program Amid Fierce Market Competition
7.11.2023
This week, Binance, the world’s leading crypto exchange by trading volume, announced the introduction of a tether (USDT) earning program with up to a 13% annual percentage yield (APR). Binance’s USDT earn product joins a slew of other digital currency trading platforms offering yield...
Nifty News: The Simpsons roast NFTs, Yuga Labs exec departs after anti-semitic tweets and more
7.11.2023
The Simpsons poked fun at NFTs in their annual halloween special but degens still managed to take advantage of the publicity to hoist an NFT collection to near top of the charts
Nike-RTFKT NFT Collections Generate $1.4 Billion in Trading Volume
6.11.2023
Non-fungible token (NFT) collections by sportswear giant Nike and virtual sneakers and collectibles creator RTFKT have seen $170 million in earnings and a whopping $1.4 billion in trading volume. There are two notable factors to keep in mind. One, Nike and RTFKT have joined hands less than...
XRP Price Prediction as XRP Rockets Up 10% Instantly – Are Whales Buying?
6.11.2023
The XRP price has surged by 10% this morning, reaching $0.691398 as the cryptocurrency market gains by only 0.5%. XRP is now up by 23% in a week and by 32% in a month, with the altcoin’s 24-hour trading volume rising beyond $2 billion today. Such an increase follows last week’s news...
Ethereum Price Prediction as $10 Billion Comes In – Time to Buy?
6.11.2023
The Ethereum price has held still in the past 24 hours, although the altcoin has risen by 0.5% in the past hour. This may signal an incoming rally, and with ETH standing at $1,889, it has already gained 4% in a week and by 15% in the last 30 days. It’s also attracting trading volume...
Bitcoin Price Prediction as Weekend Trading Volume Pushes Past $10 Billion – Here are Key Levels to Watch
5.11.2023
Over the weekend, Bitcoin‘s trading volume surpassed $10 billion, reflecting its robust activity in the market. The cryptocurrency experienced a modest gain of nearly 1.50% on Sunday, with its price reaching $35,228. The rise in Bitcoin’s value accompanies positive endorsements from...
NFTs on the Rise Again: October Saw 32% Growth in Trading Volume – Trend to Continue This Month?
4.11.2023
The market for non-fungible tokens (NFTs) is experiencing a resurgence, with October witnessing a substantial 32% growth in trading volume compared to the previous month. According to data released by crypto data firm DappRadar, NFT trading volume surged by $99 million, reaching $405 million...
Bitcoin, Ethereum Technical Analysis: Leading Crypto Assets See Choppy Price Action
3.11.2023
Bitcoin and ethereum prices declined in trading on Friday, November 3, 2023, as technical oscillators flashed mixed signals for the two largest cryptocurrencies by market capitalization. Bitcoin Bitcoin (BTC) fell 3.3% to $34,195 amid light trading volume of $20.79 billion over the last 24 hours....
Coinbase narrows loss while crypto trading volumes fall in Q3
3.11.2023
Despite seeing falling trading volumes, Coinbase said they were “pleased” with how the quarter played out
Coinbase Beats Q3 Earnings Estimates While Trading Volume Falls
2.11.2023
The crypto exchange's third quarter transaction revenue rose/fell short from previous quarter
Bitcoin’s Climb to $35,000 Fuels Surge in Crypto Trading Activity – Is the Bull Market Starting?
30.10.2023
The cryptocurrency market has found new momentum by a recent rally that propelled Bitcoin’s value towards the $35,000 mark. The surge in price has not only caught the attention of investors but has also sparked a renewed interest in crypto trading, leading to a significant increase in daily...
Brazil’s USDT Volume Exceeds all Crypto Transactions Combined: Revenue Dept. Report
30.10.2023
The Brazilian tax department report said that the country’s Tether (USDT) trading volume proliferated since 2021. Tether stands out among other stablecoins and has surpassed the volume of Bitcoin (BTC) during the same period. “Among the stablecoins, the cryptocurrency called Tether...
FDUSD’s Meteoric Rise: 62% Surge in Supply and 6th Highest Trading Volume Globally
28.10.2023
In the span of the past 85 days, the recently introduced stablecoin known as FDUSD has witnessed a significant surge in its circulating supply, soaring by 62% since the commencement of August. This surge in supply has propelled FDUSD into the echelons of the top ten stablecoins by market...
Is Mina Protocol Going to Zero? MINA Price Crashes 7% as This Other Coin Hits New Milestone – How to Buy?
27.10.2023
After an explosive +140% rally, Mina Protocol (MINA) price has crashed down -7% in a dramatic retracement move, leaving some panicked bag-holders asking ‘Is Mina Protocol Going to Zero?’. This comes amid a collapse in 24-hour trading volume, which surged to $1bn in the midst of...
Dollar/Yen Trading Volume Surpasses Bitcoin on DeFi Platform Gains Network
26.10.2023
Gains Network, initially released on Polygon and later on Arbitrum, allows users to trade financial derivatives of cryptocurrencies, foreign exchange and commodities by matching buy-sell orders using smart contracts
XRP Price Prediction as Daily Trading Volume Exceeds $3 Billion For the First Time in 3 Months – Can XRP Reach $3 Soon?
25.10.2023
The XRP price has gained by 0.5% in the past 24 hours, with its move to $0.552306 also representing a 12% increase in the past week, as the market rides a wave of Bitcoin ETF-related positivity.
XRP is now up by 13% in a fortnight and by 62% since the beginning of the year, which has been defined...
Hong Kong CSOP Bitcoin Futures ETF Marks Record Trading Volume and Net Inflow Amid Recent Rally
24.10.2023
Hong Kong's CSOP Bitcoin Futures ETF has experienced a surge in trading volume and net inflow amidst the recent Bitcoin (BTC) rally.
On October 24, the ETF recorded a trading volume of HK$175.87 million, accompanied by net inflows of HK$138 million, marking the highest trading volume and...
Cardano Price Prediction as $100 Million Trading Volume Pushes ADA Up 3% – Is the New Bull Market Starting?
23.10.2023
Cardano (ADA), the eighth largest cryptocurrency in the world by market capitalization that powers the layer-1 Cardano protocol, was last trading with gains of close to 3% in the last 24 hours in the $0.26s amid more than $100 million in trading volumes, as per CoinGecko.
After testing...