There is strength in numbers and Binance Coin (BNB) has proven that time and again with its robust community of Bitcoin enthusiasts whose faith in the coin has always been its strong fortress, the NewsBTC writes. BNB surpasses 1 billion in terms of trading volume following network upgrade BNB price up by 2.04% Binance launches […]
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Tag: trading volume
Moonbirds And Solana NFT Trading Volume Is On A Tear As Sales Rally 45%
NFT trading volume has been on a robust momentum since April and the pace is just right for May with Solana and Moonbirds NFTs such as Okay Bears triggering the increase in NFT sales volume since April. According to DappRadar, there is a monumental 45% climb in organic trading volume of NFTs in April in […]
Tether (USDT) Q1 Trading Volume Plunges To $5.3 Trillion In Quarterly Low
With the chaotic phase that the crypto market is going through, Tether (USDT) trading volume in Q1 of 2022 plunged lower compared to the same quarter of last year. The total Tether transaction for the first quarter of 2022 is 26,454, the NewsBTC reported. Even though the bearish trend has seen many investors turning to […]
Bitcoin Trading Volume Declines, Rally Losing Steam Already?
Data shows the Bitcoin trading volume has further declined recently, suggesting that the latest rally may be losing steam. Bitcoin Spot Trading Volume Continues To Decline This Week According to the latest weekly report from Arcane Research, the BTC spot volume has observed further decline in the past week. The “trading volume” is an indicator that […]
Why NFTs Took Over Crypto Trading Volume While Ether Struggled
The NFTs market had one of its best months yet in January with a record trading volume of $6 billion while cryptocurrencies like Bitcoin and Ether plunged dramatically over the investors’ fear of the Federal Reserve (FED) tightening, the NewsBTC writes. The NFT Space Doesn’t Stop Ether had its worst month in 2 years falling […]
ETH’s Trading Volume Grew Much Faster than BTC’s in First Half of 2021
Trading volumes for ETH increased by 1,461% over the first half of 2020, the Cointelegraph reported on July, 28. The world’s second-largest crypto asset has gained ground on Bitcoin in terms of trading volume growth during the first half of this year according to a new report. Ethereum’s trading volume grew faster than Bitcoin’s in the […]
Dogecoin Trading Volume Hits $5B, Surpassing Bitcoin’s for the First Time Ever
As the price of DOGE surged eight-fold within a day, the volume of Dogecoin surpassed Bitcoin’s on Binance, the Cointelegraph writes. Dogecoin (DOGE) briefly surpassed Bitcoin (BTC) in daily volume on Binance at over $5 billion on Jan. 29. This is a first for Dogecoin, and it happened as the price of DOGE surged around […]
Link’s Trading Volume on Coinbase Surpasses That of Bitcoin
Chainlink’s link token, driven by the increased popularity of decentralized finance (DeFi), has surged past bitcoin, becoming the most traded cryptocurrency of the past 24 hours on Coinbase Pro, the biggest crypto exchange in the U.S., the Coindesk reported on August, 9. Link’s 24-hour trading volume on Coinbase Pro is $163 million – nearly 70% […]
Data Says HODL! People Are Trading Ether More, Bitcoin Less
Exchange balances for ETH and BTC move in opposite directions in a new insight into investor sentiment. Ether (ETH) is trading at its highest since before the March coronavirus crash, but data suggests that investors have little interest in holding the second-largest cryptocurrency by market capitalization. Uploading findings using on-chain monitoring resource Glassnode on July 10, one trader […]
Could Bitcoin Trading Volume Really 100X in Four Years?
How likely is it that Bitcoin trading volumes will top $1 trillion a day by 2025? In its latest report cryptocurrency data provider Coin Metrics predicted that Bitcoin’s daily volume could eclipse that of the U.S equity market, if growth rates are maintained. But how likely is it really? The report cites Bitcoin as an asset class […]