Bitcoin Trading Volume – DIGIT INFO

US Bitcoin, Ethereum ETFs hit $6B volume amid market rout

DIGIT — Tue, 06 Aug 2024 00:42:09 +0000

Bitcoin sunk to under $50,000 at the start of US trading on Aug. 5, prompting a huge spike in trading volumes of crypto-related ETFs.

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Bitcoin transaction value hits yearly high with $25B moved

DIGIT — Mon, 03 Jun 2024 09:22:39 +0000

Bitcoin holders moved over 367,000 BTC on May 18, worth over $25 billion, recording a yearly high in the value of Bitcoin transactions.

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Cash App’s Bitcoin Revenue Grew 119% in 2021, Gross Profit From BTC Rose 124%

DIGIT — Fri, 25 Feb 2022 23:30:07 +0000

Popular mobile payment platform Cash App, developed by Jack Dorsey’s Block Inc., generated $10 billion in bitcoin revenue and $218 million in bitcoin gross profit in 2021. Compared to the previous year, the bitcoin revenue increased 119% while gross profit rose 124%. Cash App’s Bitcoin Business Block Inc., formerly Square Inc., released its Q4 2021 […]

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Coinbase’s Q2 profits top $1.6B as ETH volume surpasses BTC’s for the first time

DIGIT — Wed, 11 Aug 2021 01:49:50 +0000

Coinbase beat analyst estimates in Q2, after it generated $2.23 billion in revenue compared to estimates of $1.78 billion.

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Exponential Growth: Bitcoin’s Trading Volume Could Rival Major Asset Classes

DIGIT — Thu, 04 Jun 2020 10:10:16 +0000

Bitcoin’s trading volume has experienced exponential growth which could reach levels similar to major asset classes, according to a new report by Coin Metrics. The cryptocurrency’s daily volume could exceed that of all U.S. equities in less than four years and all U.S. bonds in less than five years, the analysis shows. Bitcoin’s Volume Growth […]

The post Exponential Growth: Bitcoin’s Trading Volume Could Rival Major Asset Classes appeared first on Bitcoin News.

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Crypto Exchanges Register Their Best Year yet in 2018 Despite Price Dip As Bitcoin Dominates

DIGIT — Tue, 15 Jan 2019 17:19:53 +0000

Bitcoin may have shed 80 percent of its value in the last 12 months, but crypto exchanges had their best year yet. Coinbase, the biggest exchange in the U.S, experienced a 21 percent increase in 2018, with the first quarter of the year being the most successful. However, the volume on some crypto exchanges dipped […]

The post Crypto Exchanges Register Their Best Year yet in 2018 Despite Price Dip As Bitcoin Dominates appeared first on NullTX.

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U.K’s Oldest Bitcoin Exchange Lays Off Most Of Its Workers, Blames Bearish Market

DIGIT — Tue, 09 Oct 2018 15:18:59 +0000

When the prices of cryptos skyrocketed in 2017, hundreds of crypto exchanges sprung up as the number of people interested in trading cryptos shot up. However, the market has cooled off significantly, Bitcoin is trading at a third of its December high price and the exchanges are feeling the heat. U.K’s oldest crypto exchange Coinfloor […]

The post U.K’s Oldest Bitcoin Exchange Lays Off Most Of Its Workers, Blames Bearish Market appeared first on NullTX.

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