A Chainalysis report reveals that the collapse of FTX led to large outflows from CEXes to DeFi protocols leading to a spike in trading volumes. A significant portion of assets were also moved to non-c...
Tag: Volumes
SHIB Large Holder Volumes Jump 124% with Surprising Growth in User Base
Tomiwabold Olajide SHIB large holder volumes record significant increases in address activity WhaleStats’ analysis of the top 100 Shiba Inu holders indicates that the 24-hour volume for this cat...
Revolut’s CFO remains confident in crypto push despite falling trading volumes
Revolut’s chief financial officer, Mikko Salovaara, remains confident about the future of crypto on the fintech giant’s financial super-app, even while trading volumes falter and some of i...
NFT trading volumes shattered in November
The trading volume of non-fungible tokens (NFTs) has fallen sharply in November, even when considering the usual market volatility. A recent report by crypto gaming service provider Balthazar shows th...
DOGE Soars 6%, BTC Stuck at $17K Amid Low Trading Volumes (Weekend Watch)
As it typically happens during the weekend, the trading volumes have gone down, which results in little-to-no price movements for BTC. Most altcoins are in a similar position, with a few exceptions. D...
TRX Strokes $1B Stablecoin Inflow, Rather It’s Falling Volumes & Salvage
Amid market downturns and falling volumes, it soars in stablecoin inflows. Glimpse on the inside image of TRX. At the time of writing, TRX is at the market price of $0.05428. TRX Plays Good In a m...
Top NFT Volumes Surge in November Despite Bearish Market
The top NFTs had a spike in trading volume and sales despite the turmoil in the crypto industry due to the FTX collapse. The collapse of the Sam Bankman-Fried empire has led to the extreme of the curr...
TRON hits $1B stablecoin inflow amid plunging volumes and potential recovery
TRON’s USDT inflow summed up to $1 billion in the last two weeks The rise in stablecoin inflow left TRX at a neutral spot as its development activity revived Decentralized platform TRON [TRX] register...
India’s digital rupee falls flat as low volumes blight trial run
Several Indian news outlets have reported on the lack of interest in the digital rupee. The Hindu Business said it offers no discernible difference with “internet-based banking that users were already...
Decentralized crypto exchange volumes nearly double in November amid FTX debacle
Cryptocurrency exchange volumes jumped in November from the previous month as the collapse of FTX roiled markets, with decentralized platforms seeing an increase of 93%. Centralized (CEX) exchan...
Uniswap token gains as trading volumes jump; bitcoin, ether slip
Mainstream cryptocurrencies traded marginally lower on Tuesday morning on the U.S. East Coast, while some altcoins bucked the trend. Bitcoin was down 1.7% at $16,883 over the past day, while et...
XRP Draws Traders’ Interest as Volumes Jump 111%
XRP is seeing trader interest grow as its trading volume is up 111% in the last 24 hours. Amid the current market scenario, several crypto assets posted bearish action coupled with a decline in tradin...
DEX trading volumes spike as users leave CEXs en masse
Confidence in centralized exchanges seems to have reached a new low following the FTX fallout. Trading volumes across all exchanges have experienced a vertical drop over the weekend, as users rush to ...
Crypto Market Rout Fuels Global Exchange Volumes — Kraken, Coinbase Report Connectivity and Latency Delays – Exchanges Bitcoin News
Amid the market carnage on Tuesday, Nov. 8, the top ten cryptocurrency exchanges have seen trade volumes soar. During the 24-hour period on Tuesday, the top five exchanges alone recorded more than $60...
Art Gobblers NFT prices tumble as trading volumes dominate on Blur
Art Gobblers, a collection of fully animated ERC721 nonfungible tokens designed by Rick & Morty co-creator Justin Roiland, has seen a significant decline in its floor price. After numerous s...
Bitcoin breaks $21,000 as open interest sinks, spot volumes rise
After weeks of failing to break the tough resistance, Bitcoin surged above $21,000. The few short hours it spent above $21,000 before a slight correction brought some much-needed confidence back into ...
Coinbase Witnesses a Third-Quarter Loss as Volumes Fall
2 hours ago | 2 mins read Editors News Coinbase’s transaction revenue has decreased by 44% from the second quarter. Transaction revenue had dropped from $655.2M in the second quarter to $365.9M. Coinb...
Coinbase MTUs beat estimates, trading volumes miss
Coinbase’s third quarter sales missed estimates while its Monthly Transacting Users (MTUs) topped expectations. Shares whipsawed in after-market trading. The cryptocurrency exchange said r...
Wells Fargo mortgage staff brace for layoffs as U.S. loan volumes collapse
Mortgage volumes at Wells Fargo slowed further in recent weeks, leaving some workers idle and sparking concerns the lender will need to cut more employees as the U.S. housing slump deepens. The bank h...
Fan Token Volumes Are Spiking Because of World Cup
Join Our Telegram channel to stay up to date on breaking news coverage As market sentiment turns bullish, fan tokens have been rallying with the FIFA World Cup edging near. Chiliz (CHZ), the native to...
LINK’s long-term bullish alliance speaks volumes but what about short-term plans
Chainlink [LINK] revealed its latest adoption update that the chain managed to achieve more than 15 integrations with top blockchains in the last seven days. This update could strengthen LINK’s long-t...
CME Claims Record Ethereum Volumes – Trustnodes
Wall Street’s futures exchange, CME, has announced that the third quarter broke all records in ethereum futures volumes and crypto volumes overall. “Q3 2022 average daily Open Interest (OI) reached a ...
Volumes on crypto investment products drop to 2-year low: CoinShares
On Oct 24, European cryptocurrency investment firm CoinShares published its “Digital Asset Fund Flows Report,” which revealed that digital asset investment products saw $5 million worth of cumulative ...
Cardano Records 280% Spike in NFT Volumes Within Week: Details
Cardano has seen a 280% increase in its NFT volume within seven days. Taken from Oct. 10, when ADA NFT volumes were barely 811,000, to Oct. 17, when ADA NFT volumes reached 3.0 million ADA, this repre...
Why Bitcoin Price, Volumes Will Soon Rise
After a long and stagnant spell in recent times, the crypto community is desperately awaiting a strong Bitcoin price rise. In this context of a bear market, industry insiders are pointing to a rise in...
Tether dominates centralized exchange stablecoin trade volumes despite market cap decline
Stablecoins haven’t been exempt from suffering losses during the ongoing cryptocurrency market crash, but its major assets are still persevering, with Tether (USDT) not only ranking third among all cr...
Bitcoin Dipped to Weekly Lows on Minor Trading Volumes (Weekend Watch)
Although the trading volumes yesterday were quite low, similar to previous weekends, bitcoin still took a minor hit and fell to a weekly low. Most altcoins are also slightly in the red on a daily scal...
MENA Crypto Volumes Grew Fastest Between July 2021 and June 2022 — Turkey Cements Position as Region’s Largest Market – Coinotizia
Of the $566 billion in cryptocurrency transaction volume for the Middle East and North Africa (MENA) region between July 2021 and June 2022, nearly 40% went to Turkey, which kept its place as the regi...
MENA Crypto Volumes Grew Fastest Between July 2021 and June 2022 — Turkey Cements Position as Region’s Largest Market – Emerging Markets Bitcoin News
Of the $566 billion in cryptocurrency transaction volume for the Middle East and North Africa (MENA) region between July 2021 and June 2022, nearly 40% went to Turkey, which kept its place as the regi...