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NFT Market Sales Begin to Improve After Last Week’s Massive Market Slump
19.9.2021
Seven days ago, non-fungible token (NFT) marketplaces saw sales nosedive after reaching all-time highs during the month of August. A week later sales have rebounded to a degree and NFT marketplaces like Opensea, Rarible, and Superrare have seen improvements in terms of seven-day trade volumes....
End of August’s NFT Sales Tapped All-Time High at $1 Billion, Last Week’s NFT Sales Hit $821 Million
4.9.2021
Data shows that non-fungible token (NFT) assets continue to break record sales week after week as statistics show over $1 billion in NFT sales took place during the last week of August. Meanwhile, this week’s data shows $821 million in NFT sales have been settled so far, dropping a hair...
Solana Taps Another All-Time High Eclipsing Dogecoin’s Market Cap, SOL Jumped Over 300% Last Month
3.9.2021
Crypto assets have seen significant gains over the last month and one such digital currency, solana (SOL) has propelled itself into the top ten rankings and recently flipped the crypto asset dogecoin’s market cap position. As of Friday, solana currently holds the seventh-largest market...
SEC Allegedly Probes Operators Behind World’s Largest Decentralized Exchange, Uniswap: Report
3.9.2021
According to a recent report, the U.S. Securities and Exchange Commission (SEC) has allegedly started probing the startup that operates the decentralized exchange (dex) Uniswap. The dex platform Uniswap is the largest dex in terms of trade volume with over $10 billion in crypto tokens swapped...
Weekly Defi Swaps Tap $17 Billion While Dex Aggregators Now Share 22% of the Trade Volume
19.8.2021
Over the last seven days, decentralized exchange (dex) trade volume has tapped $17 billion across the 21 Ethereum dex platforms. Pancakeswap has seen between $400K to $860K every 24 hours during the last week as well. Meanwhile, dex aggregators are eating away at dex trade volumes, becoming more...
Axie Infinity Hits 1 Million Daily Active Players, First NFT Project to Hit $1B All-Time Trade Volume
7.8.2021
The Ethereum game Axie Infinity continues to see demand as the developer Sky Mavis revealed on Friday there are now more than 1 million daily active players. Additionally, the game token utilized within the Axie Infinity gaming universe tapped an all-time high at $52 per unit 10 days ago. Despite...
Selling Lord Kek Dust — 2016 Rare Pepe NFTs See Fresh Demand Going for Thousands on Opensea
3.8.2021
During the first half of the year, non-fungible token (NFT) sales surged to $2.5 billion in 2021, and trade volume shows the trend hasn’t slowed down. For instance, July saw a record $363 million spent on approximately 157,801 NFT sales. Meanwhile, as new NFTs enter the space every day, older...
Users Criticize Uniswap’s Decision to Remove Over 100 Tokens From Main Interface
25.7.2021
The largest decentralized exchange (dex) platform, in terms of trade volume, Uniswap has revealed the dex has removed a number of tokens from the platform interface. The community assumes the tokens could be deemed securities by global regulators. Uniswap users can still swap these tokens...
Despite Negative Press, Binance Is Still the World’s Largest Crypto Spot and Derivatives Exchange
19.7.2021
While Binance has had a few issues with payment service providers and regulators from a few countries, the centralized cryptocurrency exchange is still the largest trading platform in terms of trade volume. During the last 24 hours, Binance has recorded roughly $8.6 billion in swaps and the trading...
Stablecoins Swelled by $13B in 30 Days, Captured 67% of Today’s Crypto Trade Volume
16.7.2021
Over the last few weeks, cryptocurrency markets have fallen in value as most of these assets reached all-time price highs three months ago. Despite the price drops, 2021 has still been an explosive year for crypto gains and fiat-pegged stablecoins have grown massively as well. 53 days ago,...
South Korean Crypto Exchange Bithumb Bans Employees from Trading Bitcoin
3.7.2021
One of the largest South Korean cryptocurrency exchanges, in terms of trade volume, Bithumb, has announced that employees are banned from trading bitcoin on the exchange platform. The company’s chief executive officer revealed the decision in a Bithumb newsletter focused on improving...
Decentralized Exchange Volumes Double Overnight — A Look at the Top 3 Dex Platforms in 2021
30.6.2021
As crypto markets saw some recovery on Tuesday, decentralized finance tokens and applications have once again started swelling in value. Decentralized exchange (dex) trade volumes have increased a great deal, as daily swap volumes stemming from Ethereum-based dex applications have doubled since...
Daily Cryptocurrency Exchange Trade Volume Taps All-Time High, Stablecoin Swaps Dominate
24.5.2021
According to this week’s data, cryptocurrency trade volume touched an all-time high on May 20, reaching $1.76 trillion in reported 24-hour volume. Daily trade volume statistics for Monday have been high, as reported volume from crypto market aggregators shows over $300 billion in 24-hour...
Ethereum Options Trade Volume Exceeds Bitcoin’s, Deribit Introduces a $50K ETH Strike for 2022
12.5.2021
Last week, ethereum options volume surpassed bitcoin’s for the first time on the digital currency derivatives exchange Deribit. Further, the trading platform recently introduced a $50k ETH strike for March 2022 and explained the $50k call is “gaining immediate buy traction.”...
Democratizing Defi Data- Dechart DAO Launches Version 1.0 Trading Platform
6.5.2021
On May 6, 2021, the total locked value (TVL) held by decentralized finance (defi) is more than $77 billion. Much of this money is used by decentralized exchange (dex) platforms and liquidity pools. With dex platforms capturing over $2 billion in trade volume daily and $18 billion during the last...
Weekly Decentralized Exchange Volumes Near $20B, Uniswap Captures Lion’s Share, Pancakeswap Trading Climbs
21.4.2021
On Tuesday, the founder of the decentralized exchange (dex) Uniswap tweeted about the trading platform passing $10 billion in weekly trade volume for the first time. Decentralized trading volumes have grown massively, as dex platforms built on Ethereum have seen more than $18 billion in volume...
Bitcoin Futures Open Interest Hits $19 Billion, Harsh Intraday Swings, Analyst Says ‘Fresh Rally’ Expected
25.2.2021
The start of the week saw digital currency markets drop significantly in value, as billions of dollars were shaved off the entire crypto economy’s capitalization. A weekly report from Luno and Arcane Research shows February 23 captured the third-largest bitcoin daily trade volume in crypto...
North American Bitcoin ETF’s First Trading Day Captures $165M in Volume
19.2.2021
The North American Purpose Bitcoin ETF launch on Thursday saw massive demand, as more than $165 million in trade volume was recorded. In fact, the exchange-traded fund listed on the Toronto Stock Exchange (TSX) saw it’s first $80 million swapped during the first hour of trading sessions....
BTC Reaches a Whopping $40,000, Industry Exec Says ‘Bitcoin Rises in the Eye of a Perfect Storm’
7.1.2021
The price of bitcoin has astonished the masses once again surpassing $40,000 per coin across crypto exchanges worldwide. With well over $28 billion in global trade volume, the leading crypto asset’s overall market valuation is now a whopping $728 billion in value. Bitcoin’s Value Soars...
Bitcoin Price Touches the $37K Zone, Crypto Economy’s Market Cap Hits $1 Trillion
7.1.2021
The price of bitcoin smashed through the last all-time high again jumping above the $37k zone to $37,400 per coin. The crypto asset’s market valuation is around $689 billion at the time of publication, as it has seen $26 billion in trade volume worldwide. Moreover, the entire crypto-economy...