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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...
While His Digital Trading Cards Tumble in Value, Trump Says His ‘Cute’ NFTs Were About the Art
30.12.2022
After climbing to a high of 0.79 ether on Dec. 17, 2022, Donald Trump’s non-fungible tokens (NFTs) have dropped considerably in value over the last 12 days. On Dec. 29, 2022, Trump’s NFT collection has a floor value of 0.15 ether, which is around 81% lower than the floor value highs recorded last...
Ethereum Price Prediction as $4,500,000,000 Trading Volume Comes In – Where is the ETH Bottom?
28.12.2022
Ethereum price exhibits a bearish bias that could see it explore more downstream levels. The bullish outlook from last week could no longer hold after ETH slipped below $1,200. ETH now trades at $1,196 on Wednesday during the European session. It may be in grave danger of dropping below a triangle...
DeGods and Y00ts NFTs are bridging off Solana. Here's why
27.12.2022
The migration of Solana's top two NFT projects to Polygon and Ethereum is set for the first quarter of 2023 on an opt-in basis
Monthly NFT Sales Are 80% Lower Than Last Year, Digital Collectibles Interest Plummeted in 2022
26.12.2022
Like most crypto projects this year, non-fungible tokens (NFTs) felt the pain of 2022’s crypto winter as sales are down a great deal and blue-chip NFTs have been slashed in value. For instance, last month, there was roughly $534 million in NFT sales compared to the $2.77 billion in NFT sales...
Over $30B of NFT Trading Volume on Ethereum is Wash Trading, Research Suggests
23.12.2022
According to a report based on data pulled through Dune Analytics, the shady trades accounted for over half of the total NFT trade volumes in 2022, and nearly 45% of all-time NFT volume
Dogecoin Price Prediction as DOGE Blasts Up 5% After $800 Million Trading Volume Comes In – Here’s Where DOGE is Going Next
23.12.2022
The dogecoin price has risen by 5% in the past 24 hours, reaching $0.077698 amid a rise in its daily trading volume to more than $800 million. Despite this gain, its current price means it has fallen by 8% in a week and by 21% in the last 30 days, ...
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Bitcoin Price Prediction as $14 Billion Trading Volume Comes In – Here’s Where BTC is Headed Next
22.12.2022
Bitcoin's price remained relatively stable, near $16,750 on December 22. The BTC/USD pair began trading at $16,845 and reached a high of $16,873 and a low of $16,800 on Thursday. The BTC/USD trades sideways due to low trading volume and volatility....
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Bitcoin low volume sparks BTC price warning as metric hits 'value zone'
22.12.2022
Bitcoin NVT signal data presents conflicting views of what might happen to the current BTC price range
Bitcoin Price Prediction as $25,000,000,000 Trading Volume Comes In – BTC to the Moon?
21.12.2022
On December 21, the price of Bitcoin remained relatively stable near $16,750. BTC/USD began trading at $ 16,925 on December 21. It is currently trading at $ 16,857, up 0.19% in the last 24 hours. BTC/USD has ranged from a high of $16,934 to a low of $16,794. Furthermore, its value has fallen...
FTT Breaks $1 Support for the First Time Since FTX Collapsed, Token Struggles With Dwindling Trade Volume
20.12.2022
Despite FTX’s collapse last month, the trading platform’s crypto token FTT had managed to not plummet all the way down to zero, and surprisingly it hovered below the $2 per unit region after Nov. 12, 2022. For 38 days FTT remained above the $1 per unit area up until Dec. 19, as the token suddenly...
Bitcoin Price Prediction as $10,000,000,000 Volume Comes In – BTC to the Moon?
18.12.2022
Investors appear to be preoccupied with the final match of the FIFA World Cup 2022 in Qatar, as the cryptocurrency market is devoid of volatility on Sunday. Given this, the Bitcoin price prediction hasn't changed much throughout the day, as BTC remains above the important support level of $16,550. ...
Stablecoin BUSD’s Supply Shrunk by 3.24 Billion in 3 Days, Market Cap Is Down 20% Since Last Month
16.12.2022
While billions of dollars in crypto assets have been withdrawn from Binance, the world’s largest exchange in terms of volume, the stablecoin BUSD has seen its coins in circulation drop considerably during the last three days. While 20% of BUSD’s supply was drained since last month...
Cardano Price Forecast as $200 Million Trading Volume Comes In – Here's Where ADA is Headed Next
16.12.2022
Cardano price sinks back into the murky red waters a few days after crypto markets rebounded significantly. The smart contracts token lost over 4% of its value over the last 24 hours, in addition to crashing critical support at $0.30.
ADA currently exchanges hands at $0.28 as bulls fight tooth...
Ethereum Price Prediction as ETH Sees $8.3 Billion Trading Volume Come In – Here’s Where It’s Heading Next
15.12.2022
ETH trading volumes remain elevated, with $8.3 billion worth of tokens changing hands in the last 24 hours according to CoinGecko, as the cryptocurrency continues to pull back from Wednesday’s pre-hawkish Fed meeting highs in the $1,350 area. At current levels in the $1,280s, ETH/USD has now pulled...
Shiba Inu Price Prediction as $130 Million Trading Volume Comes In – Can SHIB Reach $1?
14.12.2022
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Amid Speculation and Rumors Surrounding Binance, Exchange Token BNB Suffers Losses From the Alleged FUD
13.12.2022
Following the FTX collapse, the largest cryptocurrency exchange by trade volume, Binance, has been surrounded by rumors and speculation in recent times. On Dec. 12, 2022, Reuters reported that U.S. Department of Justice prosecutors have been investigating Binance, according to four people familiar...
Polygon’s NFT Market Demonstrates Signs of Significant Increased Adoption, but Not Growth in Sale Volume, Nansen Data Shows
12.12.2022
Amid a crypto winter exacerbated by the FTX fallout, first-time and returning buyers have reached all-time highs in Polygon’s non-fungible token market. Yet, sales volumes are near all-time lows
Oryen Network shows DeFi interest still alive after large volume of BUSD and USDC come in for presale tokens
11.12.2022
As the widespread adoption of cryptocurrency tokens soars, other strong contenders using different technologies are making their way into the crypto ring. One of the most notable crypto projects today is Oryen (ORY). Oryen’s presale success has shown that there is still lots of DeFi interest...
Bitcoin Price Prediction as $15 Billion Trading Volume Shoots BTC Above $17,000 – New Rally Starting?
11.12.2022
On December 11, the Bitcoin price prediction remains mixed as BTC consolidates in a narrow range of $17,000 to 17,350 despite trading volume shooting to $15 billion. New Jersey has set a goal of becoming the most crypto-friendly state in the United States. ...
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