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‘Enormous Increase’ in Ukraine Crypto Trading Volume, USD 47,000 Next Target for Bitcoin – Arcane
2.3.2022
There have been massive increases in crypto trading volumes using the Ukrainian fiat currency, crypto research firm Arcane Research wrote in its latest weekly update. Meanwhile, the firm has identified USD 47,000 as the next likely target for bitcoin (BTC) after the USD 44,000 resistance...
War coincides with Bitcoin's highest 'real' volume since early December
2.3.2022
“Investors are speculating that crypto will become increasingly important apolitical and trustless money in a time of escalating geopolitical uncertainty, conflict, and capital controls,” Arcane Research wrote
Binance Donates $10 Million to Support Ukrainians, Launches Crowdfunding Initiative
1.3.2022
Binance, the biggest cryptocurrency exchange by trading volume, has announced a series of humanitarian aid actions it will take to support Ukrainians. The exchange stated it will donate a minimum of $10 million to help the Ukrainian people through the Binance Charity Foundation. Binance also...
Coinbase’s Trading Volume Grew 8.5 Times in 2021 — With 89 Million Verified Users
26.2.2022
The Nasdaq-listed cryptocurrency exchange Coinbase says the number of monthly transacting users on its platform rose to 11.4 million at the end of 2021, which was more than four times the previous year. In addition, Coinbase’s trading volume grew more than 8.5 times from the previous year...
Cash App’s Bitcoin Revenue Grew 119% in 2021, Gross Profit From BTC Rose 124%
26.2.2022
Popular mobile payment platform Cash App, developed by Jack Dorsey’s Block Inc., generated $10 billion in bitcoin revenue and $218 million in bitcoin gross profit in 2021. Compared to the previous year, the bitcoin revenue increased 119% while gross profit rose 124%. Cash App’s...
OpenSea's Trading Volume Remains in a Downtrend Amid Recent Attacks
23.2.2022
The trading volume across the major non-fungible token (NFT) marketplace OpenSea has been in a downtrend over the past week, possibly largely due to several incidents which led to users losing millions of dollars worth of digital assets.
OpenSea's trading volume is down more than 11% over...
These tokens saw the biggest trading volume pumps last week. How could traders benefit?
4.2.2022
Dramatic increases in trading volume can alert crypto investors to price highs that are yet to come
Saxo Bank Forex Trading Volume Rises by 21%
4.2.2022
As the first month of 2022 passed very quickly, firms were eager to show their performance for the first month. The Denmark-based investment bank, Saxo, has posted some positive statistics for January. It appears that the bank has recovered from the dips it experienced as it was closing last year....
Bitcoin Trading Volume During Four Market Crashes Suggest Sellers Are Giving Up
31.1.2022
Although the price of bitcoin (BTC) is down by almost 50% from its all-time high in November, and the latest market crash undoubtedly has been felt by BTC holders, an analysis of trading volumes during recent crashes suggest fewer coins are being sold this time around than during the sharp...
43% of Bitcoin trading volume during US market hours: Arcane Research
19.1.2022
“The U.S. trading hours dominate the bitcoin trading volume, even on weekends,” a report from Arcane Research illustrates
OpenSea surpasses $3.5B in monthly Ether trading volume setting new ATH
17.1.2022
OpenSea's record-high daily volume on Jan. 9 was $261 million. Thus far in Jan., OpenSea has averaged $169 million in trading volume for each day
Kim Kardashian, Floyd Mayweather Sued for Inappropriately Promoting Cryptocurrency Token
12.1.2022
Reality TV star Kim Kardashian and boxing legend Floyd Mayweather Jr. are facing a class-action lawsuit over their promotion of Ethereummax and the EMAX cryptocurrency token. The celebrities’ “improper promotional activities generated the trading volume needed for all the defendants...
OpenSea trading volume set for record month despite crypto market retreat
11.1.2022
The top NFT marketplace in the world is set to break its own record for trading volume as it is on pace to exceed $6 billion by the end of the month if the trend continues
OpenSea NFT trading volume surges as Bored Ape mania intensifies
4.1.2022
Data shows that OpenSea has generated more than $700 million in sales so far this year putting the NFT marketplace on track for another record month
The Opendao Gives Xmas Airdrop to Opensea Users
27.12.2021
New decentralized organization Opendao gave users of Opensea, one of the biggest NFT marketplaces by trading volume, a gift on Christmas. The organization launched its own token and organized an airdrop to distribute it to users that had purchased NFTs using Opensea, allowing them to claim 50%...
UST Gets Listed on Binance and Huobi, Propelling Terra to $100
26.12.2021
UST, the main stablecoin of the Terra project, is being integrated into Binance and Huobi, two leading exchanges by trading volume, expanding the options that users have to trade the stablecoin. After these announcements, The price of LUNA, the governance asset of the Terra project, broke...
Indian Crypto Exchange Says 82% of Users Earn Profits This Year, Trading Volume Soars 1,735%
17.12.2021
A major cryptocurrency exchange in India, Wazirx, has reported “a massive surge in user signups” this year, with 82% of its users making profits on their crypto investments. Its trading volume also rose 1,735% from the previous year. Meanwhile, the Indian government is actively...
FTX Us Shows 500% Jump in Daily Trading Volume in Q3
12.11.2021
As the crypto market finds its rhythm, trading platforms like FTX are rejoicing with increased traffic. The crypto exchange’s US arm recently released its quarterly revenue report, showcasing a 500% jump in daily trading volume. The report released by FTX US also states that the platform held...
Petition to List Shiba Inu on Robinhood Gains 400K Signatures as SHIB Price Soars
29.10.2021
Shiba inu supporters are petitioning on Change.org for the trading platform Robinhood to list the shiba inu token for trading. Robinhood currently lists the meme cryptocurrency dogecoin which made up 62% of the company’s crypto trading volume in Q2. Petition to Get Robinhood to List Shiba...
A Robust Year for KuCoin, with a 720% Leap in Trading Volume
25.10.2021
It was an extremely busy year for cryptocurrencies at large, particularly for one crypto exchange, KuCoin, which has successfully smashed its former trading volume. KuCoin has reported a 720% increase in volume for Q321 from a year earlier, surpassing $258 billion. It saw a year-on-year jump in...