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Grayscale’s Bitcoin Trust (GBTC) Outpaces Majority of ETFs with Half a Billion in Trading Volume
9.1.2024
Image by Ascannio, Adobe Stock Grayscale’s Bitcoin Trust (GBTC) has demonstrated significant trading volume, surpassing the majority of existing exchange-traded funds (ETFs). According to industry expert Eric Balchunas, the fund traded close to half a billion dollars on January 8, outshining...
Ethereum Technical Analysis: Ether Echoes Bitcoin’s Volatility Amid Growing ETF Anticipation
8.1.2024
Ethereum’s trading value, standing at $2,265, represents a fluctuation within a daily range of $2,170 to $2,310, against the dynamic canvas of a $272 billion market capitalization and a robust 24-hour trading volume of $19.24 billion. Ether, along with a multitude of crypto assets, mirrors...
Shiba Inu Price Prediction as $100 Million Trading Volume Comes In – Meme Coins Making a Comeback?
8.1.2024
The Shiba Inu price has dipped by 4.5% this morning, with its fall to $0.000009051 coming as the wider crypto market loses 1% in the past 24 hours. This loss means that SHIB has fallen by 12.5% in a week and by 15% in the past fortnight, with the coin having risen by only 7% […]
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Bonk Price Prediction as BONK Falls 68% From Recent Peak – Dip Buying Opportunity?
7.1.2024
In the ever-evolving cryptocurrency market, Bonk (BONK) has recently caught the eye of investors and traders alike. Despite its significant prominence, Bonk has experienced a dramatic 68% drop from its recent peak, currently trading at $0.000011. This decline has sparked interest among those...
Decentralized Exchanges Near Trillion-Dollar Milestone: A Year of Record Volumes
5.1.2024
Per data analysis, decentralized exchange (dex) platforms nearly reached a trillion dollars in trading volume, posting $960.69 billion over the past year. Moreover, dex activity in December exceeded the previous 2023 high of $132.26 billion, concluding the month with $135.86 billion in finalized...
Rollbit Rival TG.Casino’s $TGC Token Sees Price Soar 50% at DEX Launch
4.1.2024
Top Telegram licensed casino TG.Casino’s $TGC coin debuted on Uniswap today and has risen 50% in its first 20 minutes of trading, trending at No.1 on popular trading site Dextools. Trading volume soared past $3 million within minutes of launching as buyers pile into a coin that promises to bet...
South Korea’s Crypto Surge — Navigating the ‘Kimchi Premium’ and Massive Trade Volumes
4.1.2024
Recent data reveals that South Korea’s crypto trading volume has surged in recent months, with two exchanges, Upbit and Bithumb, contributing over 10% to the global trading volume as of Jan. 4, 2024. Additionally, while the global price for bitcoin hovers around $43,356 per unit, in South...
Bitcoin ETFs Could Spark Huge BTC Trading. The Market Appears Up to the Task
4.1.2024
Market makers, like trading firm DRW, have been preparing for months to be able to provide the necessary liquidity to ensure sufficient liquidity should the SEC approve bitcoin exchange-traded funds in the U.S
Dogecoin Price Prediction as DOGE Slumps 10% as $1 Billion Trading Volume Comes In – Can DOGE Hit $1 in 2024?
3.1.2024
Dogecoin (DOGE) is down sharply on Wednesday, with the price having dipped around 10% over the past 24 hours, in line with a broader sell-off witnessed across the crypto market. Fears that the US SEC might not approve spot Bitcoin ETFs in the very near-future have triggered frenzied trading...
Record $1.1 Trillion in Crypto Exchange Volume Driven by Spot Bitcoin ETF Anticipation
3.1.2024
Source: Adobe The monthly spot trading volume on crypto exchanges exceeded $1 trillion in December 2023, marking the first time this significant volume level has been surpassed in over a year. According to data from compiled by The Block, the total exchange volume for the month reached a whopping...
Solana Surpasses Ethereum in 7-Day Stablecoin Trading Volume for First Time Ever
3.1.2024
Source: AdobeStock / Aleksandra Sova Layer 1 blockchain Solana (SOL) continues to make waves in the crypto community as it achieves several significant milestones. Over the past week, the network surpassed Ethereum (ETH) in 7-day stablecoin trading volume for the first time ever. According to data...
Bitcoin Price Prediction as Market Cap Nears $900 Billion – Can BTC Maintain Its Momentum?
2.1.2024
As Bitcoin (BTC/USD) commences 2024 with an impressive 2.47% rise in value, reaching $44,907 on January 2, the cryptocurrency market watches closely. This increase not only highlights a significant trading volume of over $39 billion within 24 hours but also cements Bitcoin’s dominant position...
XRP Price Prediction as Trading Volume Spikes to $2 Billion – Are Investors Flocking to XRP?
2.1.2024
XRP (XRP) Chart / Source: Investing.com XRP (XRP) trading volumes have picked up again following a subdued few days due to New Year’s celebrations, clocking in at around $2 billion in the past 24 hours, as per CoinGecko. That’s roughly in line with, if not a little bit above, average trading...
Bitcoin Soars Past $45K as Market Eyes ETF Approval, Setting Stage for April’s Halving
2.1.2024
The digital currency market has surged to a valuation of $1.74 trillion in the past 24 hours, with bitcoin climbing above the $45K threshold. Over the recent day, the market experienced a 4.65% increase in comparison to the U.S. dollar, and global trading volume saw a substantial 20% rise from...
Solana Price Prediction as $2.2 Billion Trading Volume Comes In – Can SOL Overtake Binance Coin?
1.1.2024
The Solana (SOL) bulls are regaining control as trading volumes start picking up again at the start of 2024. As per data presented by Yahoo Finance, $2.2 billion in spot SOL/USD trading volumes changed hands on Monday, up sharply from the low volumes of around $1.7 and $1.8 billion seen over...
Solana Price Prediction as SOL Bounces From $100 Support Level – New Highs Incoming?
1.1.2024
In the ever-evolving landscape of digital currencies, Solana (SOL/USD) emerges as a focal point of interest, especially as it rebounds from the critical $100 support level. Currently trading at $104.25, Solana has seen over 3% rise in the last 24 hours, with a remarkable 24-hour trading volume...
XRP Price Prediction as $1.5 Billion Trading Volume Floods In – Big Rally Incoming?
29.12.2023
In the dynamic and ever-changing world of cryptocurrencies, Ripple (XRP/USD) stands out, particularly on December 29, as it navigates through crucial technical levels. Trading at $0.6223, XRP has experienced a modest 1.59% decrease in the past 24 hours, yet this has not dampened the market’s...
Bitcoin options trading volume exceeds expectations
29.12.2023
The trading volume of Bitcoin options through the final days of 2023 surpassed all previous records and increased by over $38 billion across the leading cryptocurrency derivatives exchanges. Along with derivatives trading activities on OKX and Binance, the volume of BTC options trading on Deribit...
Korean Traders Drive Bitcoin SV (BSV) Surge, Price Soars by 65% in 24 Hrs
28.12.2023
Bitcoin SV (BSV), a cryptocurrency fork of Bitcoin, has experienced a notable surge of 65% within the past 24 hours, with Upbit, South Korea’s largest exchange, emerging as the focal point for trading activity. A significant 65% of the trading volume is concentrated on Upbit, underscoring...
Ethereum Technical Analysis: Ether Bulls Clench the Reins and Charge Toward Resistance
27.12.2023
Ethereum’s market behavior on Dec. 27, 2023 presents a complex tapestry of signals for traders and investors alike. Oscillating within a 24-hour price range of $2,189 to $2,290, Ethereum demonstrated a consolidation phase, subtly hinting at both potential gains and imminent cautions. As...