Coinbase’s Trading Volume Sinks to New Lows Amid ‘Crypto Winter

Coinbase (NASDAQ: COIN) has experienced a significant decline in trading volume year-to-date (YTD), primarily due to the ongoing "crypto winter" and regulatory pressures on cryptocurrency exchanges. In the third quarter of 2023, Coinbase recorded $76 billion in spot trading volume, a 47% decrease fr ...

Tezos (XTZ) Surges 13% as Price Breaks 230-Day Resistance Trendline

The price of Tezos (XTZ) recently broke through a 230-day resistance trendline, resulting in a 13% increase in a single day. This unexpected breakout has garnered significant market attention and raised questions about its underlying causes and potential implications. Tezos had been trading under ...

Cryptocurrency Market Entering Q4: Evolving Liquidity Patterns and Volatility

The cryptocurrency market is entering the fourth quarter with a focus on evolving liquidity patterns and market volatility, which are expected to shape the narrative in the coming months. The third quarter saw a marked decrease in crypto volatility, indicating that the asset class may be maturing or ...

Trust Wallet Token (TWT) Surges 14% to Reach Two-Month High: What’s Driving the Rally?

Trust Wallet Token (TWT), the native utility and governance token of Trust Wallet, has experienced a significant surge of 14% in the past 24 hours, reaching a two-month high of $0.934. This increase in price is accompanied by a substantial spike in trading volume, which has risen by 1429% over the s ...

Bitcoin Spot Trading Volume Hits 6-Year Low Amidst Changing Market Dynamics

The spot trading volume of Bitcoin has reached its lowest point in six years, marking a significant decline from the high trading activity observed earlier in the year. Several factors contribute to this decline: Macroeconomic Uncertainty: Concerns about the broader economic landscape, driven by ...

Toncoin (TON) Surges Amid Telegram Integration, Becoming a Prominent Cryptocurrency

Toncoin (TON) has been experiencing a surge in value, driven in part by its integration into the Telegram platform through the cryptocurrency wallet Ton Space. Over the past month, Toncoin has gained nearly 50% in value, with an average increase of 20% in the past week and an average increase of 10% ...

Cryptocurrency Market Shows Resilience Amid Economic Worries on September 15

On September 15, there was a positive momentum in the cryptocurrency market, even in the face of hotter-than-anticipated economic data and inflation concerns. Major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cardano (ADA), and Tron (TRX) maintained their positive performance. ...

AI Tokens Defy Controversy: Resilience Amid Worldcoin’s Debut

The introduction of Worldcoin into the cryptocurrency landscape brought attention to the world of artificial intelligence-powered tokens (AI-tokens). Despite the controversy that shrouded Worldcoin's debut, recent trading data from Kaiko suggests that AI tokens have demonstrated remarkable resilienc ...

Worldcoin’s Controversial Debut Fails to Spark August Surge for AI Tokens

The cryptocurrency market has witnessed a roller-coaster ride throughout this year, driven by various macroeconomic factors. Amidst this backdrop, the controversial launch of Worldcoin has managed to divert the attention of investors towards AI-powered tokens. However, recent trading data, as analyz ...

Decline of Bitcoin-Based NFT “Bitcoin Ordinals”: A Catastrophic Drop in Trading Volume

The popularity of the "bitcoin-based NFT" - Bitcoin Ordinals - has declined catastrophically, as many analysts predicted. BRC-20s token trading volume has fallen 97% since May. As reported by the DappRadar service, the trading volume of "BRC-20s tokens" (the NFT counterpart in Efirium and other n ...

Checkout Ends Partnership with Binance Due to Regulatory Concerns

Payment operator Checkout has ended its partnership with Binance. The reason for the termination was "regulatory reports and sanctions," Forbes writes. Binance disagrees with Checkout and intends to challenge the decision in court. British credit card ...

Over 500 Fraudulent Meme Coins Launched on Coinbase’s Base Network, Generating Millions

According to Solidus Labs, a New York-based company specializing in monitoring suspicious cryptocurrency transactions, more than 500 fraudulent meme coins were launched on Coinbase's Base network between mid-July and August. The fraudulent tokens generated about $3.7 million in trading v ...

Cryptocurrency Exchange BKEX Suspends Client Fund Withdrawals Amid Money Laundering Investigation

Cryptocurrency exchange BKEX announced that it has suspended the withdrawal of client funds while a police investigation is conducted in connection with possible money laundering by several users. In a statement, the site stressed that it would cooperate as much as possible ...

Cryptocurrency Analyst Foresees Strong Fluctuations for Bitcoin Price Before Potential Upsurge

Cryptocurrency analyst believes that the price of the first cryptocurrency may undergo strong fluctuations before it begins to rise. "Perhaps one more shake-up, then a push up. But hey, it's just a guess, and a guess is the best we can offer," Peter B ...

Ethereum-Based Stablecoin Trading Volume Drops to December 2020 Levels

Efirium-based stablcoin trading volume dropped to December 2020 levels. Analysts attribute this to the popularity of memcoins, the increase in the number of transactions and the growth of commissions. According to The Block, trading volume with the popular stablcoin USDC ...

Bitcoin Frogs NFT Collection Surpasses $2.3 Million in Trading Volume

Today trading volume for this position exceeded $2.3 million The Ordinals collection was the most popular on all platforms It consists of 10 thousand bitcoin frogs with various attributes The token threshold value is $3.7 thousand The Bitc ...

Bitget Quarterly Report Reveals Impressive Growth in Q1 2023

Crypto exchange Bitget published its quarterly report, which outlines the company's achievements and successes in the first quarter. Bitget increased its staff by 30% and the number of BGB token holders by 146%. ...

Uniswap Surpasses Coinbase in Trading Volume for Fourth Consecutive Month

The Uniswap exchange has surpassed Coinbase in trading volume for the fourth consecutive month. Uniswap first surpassed Coinbase's trading volume in February, and while both exchanges have since declined in volume, Uniswap is still ahead of Coinbase. Uniswap processed ...

Justin Sun sees opportunity for diversification in the cryptocurrency market with specialized exchanges, says Huobi not competing with Binance

The businessman spoke about the future diversification of the cryptocurrency market on the YouTube channel Empire and said that he sees an opportunity for all participants to find their place under the sun. Justin Sun admitted that he bought the cryptocurrency exchange Hu ...

Binance Spot Trading Volume Falls for Second Month in a Row

But the cryptocurrency has maintained its lead Look at detailed analytics from CCData The spot trading volume on Binance has fallen for the second straight month, according to CCData. In April, it decreased by 48%. This is the second lowest level since March 2021 ...

Pepe Hype Token’s Value Drops by 47% After Brief Surge

The rate of the new "hype token" Pepe fell by 47%. The drop came just days after the coin suddenly rose 45% and surpassed $1 billion in capitalization. Pepe s value on the afternoon of Monday, May 8, is $0.00000229 and trading volume over the past 24 hours was $727,682,70 ...

Cash App Reports $2.16 Billion in Bitcoin Sales in Q1 2023

Block, the company behind the popular investment app Cash App, reported a marked increase in bitcoin sales through the app. For the first quarter of 2023, volumes reached $2.16 billion. Trading volume increased along with the recovery of the first cryptocurrency, but the ...

Binance Leads the Pack as the Largest Crypto Exchange by Trading Volume

November collapse of FTX Group led to changes in the share and degree of influence of cryptocurrency exchanges in the digital assets market. Coingecko experts ranked the largest crypto-exchanges by their share in trading volumes. C ...

Trading Volume on Spot Crypto Market Drops 65% in April, According to Analysts

According to analysts of The Block, the trading volume on the spot cryptocurrency market collapsed by 65% in April of this year. Experts attribute the incident to the introduction of commissions on the Binance exchange. Total tradi ...

Morgan Mac Lawyers Predict Coinbase Will Not Delist Bitcoin and Ether Despite Regulatory Pressure

According to Morgan Mac Lawyers, Coinbase is unlikely to delist bitcoin (BTC) and ether (ETH) even if regulators increase pressure on the exchange, given that these two cryptocurrencies account for 65% of its trading volume. Bill Morgan, a lawyer representing the San Francisco-based exchange, sta ...

Binance Withdraws SHIB, FXS, TWT, and 1INCH Crypto Assets from Innovation Zone

Binance, the largest cryptocurrency exchange in terms of trading volume, recently made an announcement regarding the withdrawal of four crypto assets, namely SHIB, FXS, TWT, and 1INCH from its "innovation zone". Starting April 18, these assets will be fully accessible to users. The reason behi ...

Ethereum Witnesses a 25% Rise Amid Cryptocurrency Rally

The surge in digital currencies, triggered by the decline of three major US banks, had a significant impact on Ethereum as well. The altcoin's value increased by 25% during the week, with prices reaching the $1,800 mark, according to a cryptanalyst. Michael van de Poppe identified $1,850 as a cru ...

TUSD Operator Transfers $1 Billion to Bahamas Following Collapse of Crypto-Friendly US Banks

Bloomberg reports that following the recent collapse of US banks that were favorable to cryptocurrencies, the operator of the fifth largest stablecoin worldwide, TUSD, has transferred $1 billion in assets to the Bahamas. Archblock, which manages approximately $2 billion in reserves to back the Tr ...

“DBS Digital Exchange reports a significant increase in Bitcoin and Ether trading volumes”

DBS, the leading Singaporean bank, has reported a significant surge in trading volumes on its DBS Digital Exchange platform. According to the bank, the trading volume of Bitcoin has increased by 80% in the past year, while Ether has seen a 65% increase in trading vol ...