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Binance Faces Erosion in Market Dominance with 10% Decline in Trading Volume Amidst Rising Competition: Report
13.11.2023
Source: Adobe According to the November 6 report by blockchain analytics firm 0xScope, Binance has maintained its position as the top centralized exchange, with a significant market share; however, its dominance has weakened over the past year, with a continuous decrease in trading volume...
THORChain’s 7-Day Trading Volume Hits $1.32 Billion, Third to Uniswap and PancakeSwap
13.11.2023
Source / Sam Cooling THORChain, a decentralized crypto trading protocol capable of cross-chain swaps, has become the third-largest decentralized exchange (DEX) in terms of trading volume over the past seven days. Over the past week, THORChain recorded a trading volume of $1.32 billion, third...
THORChain becomes third largest DEX as Rune surges 50% in a week
13.11.2023
THORChain $1.32 billion in trading volume over the last week only trails Uniswap and PancakeSwap among non-centralized exchanges
Bitcoin Technical Analysis: BTC Navigates Tides of Low Volume and Market Swells
12.11.2023
On Sunday morning Eastern Time (ET), bitcoin’s trading value hovers slightly over the $37,000 mark per unit, peaking at $37,294 for the day. There’s a slight dip in BTC trading volume over the weekend compared to the previous weekday, totaling $10.76 billion of the crypto...
Turkish Lira Tops Fiat Volumes in September as Adoption Grows: Binance Research
10.11.2023
Source: AdobeStock / Iryna Dincer The Turkish Lira (TRY) leads the chart as the top fiat traded on the world’s largest exchange by volume, Binance following a surge in the number of investors, new research shows. A new Binance market research shows an increasing vol trading volume around...
Huobi Token Jumps 25% as HT Trading Volume Surges Overnight
9.11.2023
Huobi token [HT], the native token of cryptocurrency exchange HTX, has surged to a five-month high of $2.95 following a rapid increase in trading volume
Dex Trade Volumes Jumped 32% in October; November’s First Week Ends With Strong Activity
8.11.2023
After experiencing a slump in September, with a trading volume of $30.22 billion, decentralized exchange (dex) activity saw a surge in October, climbing by over 32% to $39.98 billion. The momentum in dex trade volume has been consistent in November, with the past week alone accounting for...
Spot Trading Volumes Surge in October, Reaches Highest Level Since January 2021: CCData Research
8.11.2023
Source: Pixabay Spot trading volumes on centralized crypto exchanges saw a significant surge last month, marking the highest month-on-month increase since early 2021. According to research from CCData, the total spot trading volume rose by 87.2% to $632 billion in October, the highest monthly...
Binance Launches High-Yield USDT Earning Program Amid Fierce Market Competition
7.11.2023
This week, Binance, the world’s leading crypto exchange by trading volume, announced the introduction of a tether (USDT) earning program with up to a 13% annual percentage yield (APR). Binance’s USDT earn product joins a slew of other digital currency trading platforms offering yield...
Nifty News: The Simpsons roast NFTs, Yuga Labs exec departs after anti-semitic tweets and more
7.11.2023
The Simpsons poked fun at NFTs in their annual halloween special but degens still managed to take advantage of the publicity to hoist an NFT collection to near top of the charts
Nike-RTFKT NFT Collections Generate $1.4 Billion in Trading Volume
6.11.2023
Non-fungible token (NFT) collections by sportswear giant Nike and virtual sneakers and collectibles creator RTFKT have seen $170 million in earnings and a whopping $1.4 billion in trading volume. There are two notable factors to keep in mind. One, Nike and RTFKT have joined hands less than...
XRP Price Prediction as XRP Rockets Up 10% Instantly – Are Whales Buying?
6.11.2023
The XRP price has surged by 10% this morning, reaching $0.691398 as the cryptocurrency market gains by only 0.5%. XRP is now up by 23% in a week and by 32% in a month, with the altcoin’s 24-hour trading volume rising beyond $2 billion today. Such an increase follows last week’s news...
Ethereum Price Prediction as $10 Billion Comes In – Time to Buy?
6.11.2023
The Ethereum price has held still in the past 24 hours, although the altcoin has risen by 0.5% in the past hour. This may signal an incoming rally, and with ETH standing at $1,889, it has already gained 4% in a week and by 15% in the last 30 days. It’s also attracting trading volume...
Bitcoin Price Prediction as Weekend Trading Volume Pushes Past $10 Billion – Here are Key Levels to Watch
5.11.2023
Over the weekend, Bitcoin‘s trading volume surpassed $10 billion, reflecting its robust activity in the market. The cryptocurrency experienced a modest gain of nearly 1.50% on Sunday, with its price reaching $35,228. The rise in Bitcoin’s value accompanies positive endorsements from...
NFTs on the Rise Again: October Saw 32% Growth in Trading Volume – Trend to Continue This Month?
4.11.2023
The market for non-fungible tokens (NFTs) is experiencing a resurgence, with October witnessing a substantial 32% growth in trading volume compared to the previous month. According to data released by crypto data firm DappRadar, NFT trading volume surged by $99 million, reaching $405 million...
Bitcoin, Ethereum Technical Analysis: Leading Crypto Assets See Choppy Price Action
3.11.2023
Bitcoin and ethereum prices declined in trading on Friday, November 3, 2023, as technical oscillators flashed mixed signals for the two largest cryptocurrencies by market capitalization. Bitcoin Bitcoin (BTC) fell 3.3% to $34,195 amid light trading volume of $20.79 billion over the last 24 hours....
Coinbase narrows loss while crypto trading volumes fall in Q3
3.11.2023
Despite seeing falling trading volumes, Coinbase said they were “pleased” with how the quarter played out
Coinbase Beats Q3 Earnings Estimates While Trading Volume Falls
2.11.2023
The crypto exchange's third quarter transaction revenue rose/fell short from previous quarter
Bitcoin’s Climb to $35,000 Fuels Surge in Crypto Trading Activity – Is the Bull Market Starting?
30.10.2023
The cryptocurrency market has found new momentum by a recent rally that propelled Bitcoin’s value towards the $35,000 mark. The surge in price has not only caught the attention of investors but has also sparked a renewed interest in crypto trading, leading to a significant increase in daily...
Brazil’s USDT Volume Exceeds all Crypto Transactions Combined: Revenue Dept. Report
30.10.2023
The Brazilian tax department report said that the country’s Tether (USDT) trading volume proliferated since 2021. Tether stands out among other stablecoins and has surpassed the volume of Bitcoin (BTC) during the same period. “Among the stablecoins, the cryptocurrency called Tether...