Shiba Inu Whale Volumes Sees Drastic Increase, What’s Driving It?
The crypto industry might be looking unfavorable in terms of price increases with Bitcoin’s break below $50,000, but Shiba Inu (SHIB) holders seem to be defying the odds. Despite the…
Spot Ethereum ETFs Boost Trading Volumes to $14.8 Billion, Highest Since May
The debut of spot Ethereum ETFs in the United States resulted in some of the highest inflows since December 2020 over the last week. According to CoinShares, the newly launched…
Bitcoin Weekend Trading Takes A Siesta: Volumes Plunge To Record Lows
Bitcoin has long been a hallmark of the cryptocurrency markets, thriving on its 24/7 accessibility. Weekend trading, once a notorious breeding ground for volatility, has been especially significant in the…
NFT Sales Volumes Crumble By 45% Quarter on Quarter: Data
Cryptoslam data indicates that the initially strong NFT market is now recording a downward momentum, having declined in critical metrics, including sales volumes, unique sellers, and buyers. The ongoing rough…
Centralized Exchange Declining Volumes Hint at Bigger Changes Ahead
The trading volume across centralized cryptocurrency exchanges has notably declined, dropping to $5.27 trillion in May 2024. This decrease, roughly 20.1% from the previous month, marks a continued downtrend following…
dYdX Community Approves 20 Million Token Stake Amidst Rising Trading Volumes
In an effort to protect its decentralized crypto exchange (DEX) against potential security threats, the dYdX community has approved a proposal to stake 20 million DYDX tokens. This decision comes…
$111 Billion: Bitcoin ETFs See Record Volumes in March
Spot bitcoin exchange-traded funds (ETFs) saw their trading volume surge to a record $111 billion in March, nearly triple the $42 billion traded in February. Approved earlier this year by…
Institutions Can’t Get Enough Of Crypto As Trading Volumes Hit New $30 Billion Record
Inflows into crypto investment products have ballooned in the past few weeks to reach a record trading volume last week. According to CoinShares, digital asset investment products received inflows of…
Are The Rising Bitcoin ETF Volumes The Reason Behind BTC’s Surge to $68K?
BTC prices tapped $68,551 in early trading in Asia on March 5. This is just 0.7% away from its all-time high of $69,044 recorded 26 months ago on November 10,…
Coinbase International Exchange Tops $1B Daily Volume While Bitcoin ETF Volumes Surge
On Feb. 20, the company’s CEO Brian Armstrong reported that Coinbase International Exchange continues to grow, hitting $1 billion in daily volume for the first time. The exchange, which is…