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Optimism and Arbitrum flip Ethereum in combined transaction volume
11.1.2023
The two layer-2 networks processed more than 1.1 million transactions combined on Jan. 10
Tron’s USDD Stablecoin Experiences Fluctuations Again, Drops Below $1 Parity in Early 2023
11.1.2023
The Tron-based stablecoin USDD fell below $1 parity again during the first week of 2023 and on Jan. 10. Four days ago, the stablecoin dropped to $0.972 per unit and on Tuesday, Jan. 10, 2023, USDD slipped to $0.977 per unit. At the time of writing, the Tron-issued stablecoin is trading at 98 cents...
New Year Brings Strong NFT Sales, Up 26% in First Week of 2023 With Top 5 Blockchains Seeing Double-Digit Increases
8.1.2023
The first week of 2023 saw an upswing in non-fungible token (NFT) sales as seven-day volume increased 26.01% compared to the previous week, totaling approximately $208.99 million in NFT sales. Additionally, the top five NFT-issuing blockchains saw increases over the last week. Bored Ape...
Binance has Grabbed Two-Thirds of all Crypto Trading Volume – What Happened to the Decentralization of Finance?
6.1.2023
Binance, the world's largest cryptocurrency exchange, has remained the leader in the space, ending 2022 with a 66.7% market share compared to 48.7% at the start of the year.
According to a report from CryptoCompare, Binance accounted for 66.7% of all trading volume on centralized crypto exchanges...
CME Crypto Trading Volume Slumped to 2-Year Low in December
5.1.2023
Poor market sentiment and an extreme lack of volatility were the likely culprits behind the declines
Cowen Downgrades Coinbase Stock Citing Trading Volume Declines
5.1.2023
Cryptocurrency exchange Coinbase (COIN) stock has been downgraded by analysts of investment bank Cowen, citing the ongoing fallout from the collapse of FTX
Cardano Price Prediction as $200 Million Trading Volume Comes In – Where is ADA Headed Now?
5.1.2023
Cardano price is gasping for air as bulls work around the clock to stay buoyant. The smart contracts token kicked off the year negatively, with declines below $0.30 extending to $0.24. However, ADA has climbed in the last few days and reached a weekly high of $0.27....
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Binance Controlled 92% of Bitcoin Spot Trading Volume at End of 2022: Arcane Research
4.1.2023
A summer move to eliminate bitcoin trading fees and the collapse of rival exchange FTX pushed even more investors to the Binance platform
Today in Crypto: Indonesia to Launch Crypto Exchange, India's Exchanges Lost 81% of Trading Volume, UK’s National Crime Agency Forming a 'Crypto Cell'
4.1.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Indonesia to Launch Crypto Exchange, India's Exchanges Lost 81% of Trading Volume, UK’s National Crime...
Nifty News: Solana NFT trading volume, Nike RTFKT COO hacked, and more
4.1.2023
Twitch streamer and NFT project founder DNP3 admitted in a Twitter post that he gambled and lost investor funds
Bitcoin, Ethereum Technical Analysis: BTC Edges Closer to $17,000 as Market Focus Turns to FOMC Minutes
3.1.2023
Bitcoin moved closer to the $17,000 level on Tuesday, as market volume begins to pick up following the New Year’s celebrations. This comes as traders turn their attention to tomorrow’s Federal Open Market Committee (FOMC) minutes report. Ethereum also continued to trade above $1,200...
Ethereum transactions 338% higher in 2022 but Bitcoin remains most popular
3.1.2023
Total transactions on the Ethereum network outstripped Bitcoin more than four-fold, but Bitcoin was still the most searched cryptocurrency of 2022
Research shows fake unregulated crypto exchange volume
2.1.2023
A paper titled “Crypto Wash Trading,” published by the National Bureau of Economic Research, also known as the NBER shows that almost 70% of the transactions on unregulated crypto exchange platforms are made up of wash trades. In other words, those transactions are fake. A “wash...
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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