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Chainalysis Report: India Ranks Second in Global Transaction Volume Despite Tax Law Challenges
20.9.2023
India has claimed the second-largest position in the global crypto market, surpassing the UK, Turkey, and Russia in raw transaction volume.
This achievement is notable given that it comes despite challenges posed by India's anti-crypto regulatory and tax environment, a recent report from...
Binance Sees Big Drop in Bitcoin Trading Volume Amid SEC Scrutiny
20.9.2023
Binance has seen a massive drop in Bitcoin trading volume this month according to new data from K33 Research. A new report revealed that the platform's 7-day average spot trading volume for Bitcoin has plummeted by 57% since the beginning of September.
The drop stands out when compared to...
Binance’s Bitcoin Trading Volume Plunges 57% as Regulatory Pressure Mounts
19.9.2023
As legal challenges against Binance mount, the average spot BTC trading volume on the platform has decreased 57% since Sep. 1
XRP Price Prediction as $400 Million Trading Volume Sends XRP Below $0.50 Support – Dip Buying Opportunity?
18.9.2023
The XRP price has dipped by 0.5% in the past 24 hours, taking it below its all-important $0.50 support level as the market remains largely flat today.
At $0.493170, the altcoin is up by 1.4% in the last seven days, but down by 2% in the past month, although it remains up by 45% since the beginning...
Binance.US exchange volume slumps amidst crisis
17.9.2023
On Sep. 16, exchange volume stood at $5.09 million on Binance.US amidst executive departures and ongoing regulatory scrutiny
Stablecoin Ecosystem Holds Firm Despite Lackluster Activity
17.9.2023
The stablecoin economy has remained relatively lackluster over the past 30 days, fluctuating slightly above or slightly below the $124 billion range. In the last 24 hours, the global trade volume for fiat and commodity-pegged tokens has reached $11.55 billion. Stablecoin Market Shows Resilience...
Crypto trading volume reach lowest point in August, While Bitcoin Spark’s ICO reports record numbers
17.9.2023
August witnessed a slump in the cryptocurrency landscape as trading volume dipped to its lowest point since 2019. The scenario depicts a subdued market as exchanges and money makers record consistent drops in trading volume. This prolonged decline in trading volumes raises concerns about...
Ethereum Price Prediction as $3 Billion Trading Volume Sends ETH Past $1,600 – Time to Buy?
17.9.2023
Amidst turbulent market conditions, Ethereum has garnered attention as its trading volume surpassed $2.6 billion, propelling its price beyond the $1,600 mark. As of now, Ethereum is trading at $1,632, experiencing a slight dip of 0.20% in the past 24 hours.
Holding its position as...
As XRP volume peaks in 7 months, AI coin sets eyes on 1,630% growth in 2023
16.9.2023
In the constantly evolving world of cryptocurrency, the spotlight usually shines on certain assets, whether for good reasons or not. In this case, the spotlight is on XRP, a cross-border payment token, and InQubeta ($QUBE), an AI coin. On the one hand, XRP’s trading volume reached a peak...
Binance US CEO Quits, Crypto Exchange Cuts Third of Jobs
15.9.2023
Chief Executive Officer of Binance US, Brian Shroder, has left the company amid an ongoing regulatory crackdown and more job cuts. Shroder’s departure comes two years after he joined the American subsidiary of the world’s largest cryptocurrency exchange by daily trading volume. Shroder Departs...
Bitcoin Price Prediction as Daily Trading Volume Surges Past $10 Billion – Are Whales Buying Again?
14.9.2023
As Bitcoin continues its oscillating dance on the charts, it gives subtle hints of a resurgence. The premier cryptocurrency currently trades at $26,244, marking a nearly 1.25% rise on Thursday.
This surge is juxtaposed against an intriguing backdrop: Economist Peter Schiff has been vociferously...
Ethereum Price Prediction as $10 Billion Trading Volume Comes In – Can ETH Reach $10,000?
13.9.2023
Ether (ETH), the cryptocurrency that powers the world’s largest and most widely used smart-contract-enabled layer 1 blockchain Ethereum, has been nudging higher in recent trade and was last changing hands around 0.5% higher in the last 24 hours in the $1,610 area, now up close to 5% from earlier...
‘What Is an NFT’ the Most Searched for Crypto-Related Phrase in the US — Study
13.9.2023
The phrase “What is an NFT?” has been the most searched for crypto-related term with 39,459 average monthly queries, an analysis of nearly 300 questions has shown. With a search rate of 26,283, the queries for the phrase “What is the blockchain” were 1,681% more than...
XRP transfer volume surges, on-chain data shows increasing amount of XRP holders buying BTCS
11.9.2023
On-chain data suggests the transfer volume for XRP is surging, with more XRP holders buying BTCS. What is XRP? XRP is a cryptocurrency created by Ripple Labs to facilitate fast and cost-effective cross-border transactions. It operates on its blockchain, the XRP Ledger (XPRL), which uses the Ripple...
2023: The Year AI Cryptos Soared, Then Faltered
10.9.2023
At the outset of the year, artificial intelligence (AI) cryptocurrencies embarked on a rising journey, recording substantial gains and witnessing a surge in global trade activity. However, as we now traverse the course of time, the AI crypto landscape has undergone a significant downturn. According...
AI token trading volume stagnant despite Worldcoin buzz – Kaiko data
10.9.2023
The examination revealed a moderate increase in the trading volume of AI tokens last month, reaching approximately $870 million, up from $570 million at the close of July
Bitcoin Price Prediction as Daily Trading Volume Falls Below $5 Billion – What's Going On?
10.9.2023
As the cryptocurrency market witnesses unprecedented shifts, Bitcoin's trading volume has notably dropped below the $5 billion mark, raising questions and speculations. As of Sunday, Bitcoin stands at $25,878, reflecting a minor dip of less than 0.10%. Several contributing factors come into...
Bitcoin Price Prediction as Huge Volume Spike Sends BTC Above $26,000 – What's Going On?
8.9.2023
Amidst an atmosphere of suspense and anticipation, Bitcoin has been making waves again. A recent surge in trading volume has propelled the premier cryptocurrency beyond the $26,000 mark, leaving many investors and market analysts curious about the forces at play.
As of now, Bitcoin stands...
Terra Luna Classic Price Prediction as Daily Trading Volume Falls to $12 Million – Is It All Over for LUNC?
8.9.2023
The Terra Luna Classic price has risen by a modest 0.5% in the past 24 hours, with its little jump to $0.00006095 coming as the wider cryptocurrency market recovers by 1% today.
Despite this slight improvement, LUNC remains down by 1% in a week and by 22% in the last 30 days, while the altcoin...
Bitcoin Price Prediction as Daily Trading Volume Falls Below Ethereum – Will ETH Overtake BTC?
7.9.2023
Amidst the dynamic crypto landscape, Bitcoin currently trades at $25,787, reflecting a subtle rise of 0.04 percent on Thursday. However, a confluence of factors has spurred speculations on its future trajectory. Notably, the 'historic' heatwave has taken a toll on the crypto mining industry...