trading volumes
Kenya’s Bitcoin Trading Volumes Hit $45.95 Million in 2020, Second Highest in Africa
Kenya’s Bitcoin (BTC) trading volumes skyrocketed by 472 percent in 2020 to stand at $45.95 million (Ksh 5.1 billion).
Crypto Exchange Trading Volumes Hit a Monthly High of $348 Billion in November
New data by CoinGecko reveals that the monthly trading volumes across crypto exchanges surged to an all-time high of $348 billion in November.
Bitcoin and Ethereum Trading Volumes Go Through the Roof
History has been made with $34.8k BTC and $1,090 ETH with both Bitcoin and Ethereum recording new all time highs in trading volume.
Bitcoin Adoption in Africa Sees Massive Surge as P2P Volumes Hit All-Time Highs
Crypto analyst Kevin Rooke has revealed that Bitcoin is having a field day as peer to peer (P2P) volumes are hitting all-time highs (ATHs) as a 2.5-fold surge has been experienced since March. Some of the African nations leading the pack include Kenya, South Africa, Nigeria, and Ghana, as the Bitcoin being traded weekly has exceeded $1 million.
Goldman Sachs Predicts Booming Blockchain Asset Trading in Coming Years
Goldman Sachs predicts a substantial increase in blockchain-based asset trading in the next 1-2 years, indicating a transformative shift in financial markets and growing interest in digital assets.
Bitcoin’s Social and Trading Volumes Hit a 5-Week High as Address Activity Surge to a 3-Week High
As Bitcoin (BTC) continues testing the $40K waters, its social and trading volumes are going through the roof, as acknowledged by on-chain metrics provider Santiment.
Binance's Market Dominance Challenged as OKX and Upbit Gain Ground
The 2023 CEX Market Report shows Binance's dominance diminishing as OKX and Upbit gain market share. Factors like on-chain data, user growth, and social media presence contribute to the evolving CEX landscape.
NFT Trading Volumes Plunge After Silicon Valley Bank Collapse
NFT trading volumes dropped from $74 million to $36 million after the collapse of Silicon Valley Bank. Daily NFT sales count also fell by 27.9% between March 9 and March 11, and active NFT traders hit a low of 11,440 on March 11, the lowest recorded since November 2021.
How is CoinMarketCap Combating Fake Crypto Trading Volumes with its New Liquidity Metric?
Crypto data aggregator, CoinMarketCap (CMC), held its inaugural large-scale event, The Capital, bringing together leading stakeholders in the blockchain and cryptocurrency space. Held at the Victoria Theatre in Singapore on Nov. 12-13, CMC released its new metrics for assessing liquidity for the industry to solve the problem of volume inflation caused by crypto exchanges and market makers
Bakkt Bitcoin Futures Reach an All-Time High, BTC Traders Eye Federal Reserve Economic Projections
Bakkt, backed by the Intercontinental Exchange has reported a new record high of daily trading volumes in its physically-settled Bitcoin futures contracts.
BTI Report Reveals Kraken and Coinbase as the Cleanest Crypto Exchanges
The September issue of the Blockchain Transparency Institute’s market surveillance report, verifying that the cryptocurrency exchange volumes of Kraken and Coinbase are the cleanest in the industry.
Crypto Trading in India Soared by 400% During COVID-19 Lockdown
With the ongoing COVID-19 pandemic, India’s cryptocurrency trading industry has seen an increase of 400 percent over the last few months.
CoinMarketCap Introduces Algorithmically Ranked Crypto Trading Pairs to Eradicate Volume Inflation
CoinMarketCap, a leading crypto data tracker, has gone a notch higher by presenting a new ranking system based on an innovative algorithm powered by machine learning. According to the company’s blog post, this new approach will enable users to make more profound trading decisions when it comes to market pairs. The new approach presented by CoinMarketCap seeks to revamp its current single metric ranking network to a combined one that will handle at least 22,000 market pairs covering more than 5,500 cryptocurrencies.
Sale of Asian Exchange Data Could Create Revenue Stream of $4.23 Billion Per Year Says Leading Strategy Consultants
Quinlan & Associates, a leading independent strategy consultancy released a report exploring how Asian exchanges can monetize the large volumes of exchange data.
Kraken Report: Bitcoin Trading Hit a 6-Month Low of 51% Amid Snail Speed in June
Leading US cryptocurrency exchange Kraken has presented a report through its research arm Kraken intelligence showing Bitcoin trading has nosedived by 51% depicting a six-month low since the start of the year.
Bakkt BTC Options Trading Falls To Zero: What Does This Mean for Mainstream Adoption?
The impetus behind Bakkt was to create a safe and regulated environment where larger institutions, corporation and investors would feel comfortable leveraging for access to the nascent crypto market. The trading volume or lack thereof seems to indicated that these larger investors are still weary of cryptocurrency.