The top NFT marketplace in the world is set to break its own record for trading volume as it is on pace to exceed $6 billion by the end of the month if the trend continues.
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Category: Trading Volume
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Double-digit crypto gains and trading volume — what’s the connection?
Unusually high trading volume can be an indication that a crypto asset’s price is on the rise.
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Pumped up by volume? 5 crypto assets that traders loved this month (and their prices)
Trading volume in crypto markets can be a key indicator of price volatility — but is there a direct correlation that traders can use to help inform their investment decisions?
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Livepeer Token Surges After Grayscale Investment Announced Creation of Trust to Invest in LPT
Following the announcement by Grayscale Investments that it will be offering a trust that invests in Livepeer’s LPT, the token surged from just over $6 on March 17, 2021, to an all-time high (ATH) of $32.35 on March 21. LPT’s Four Day Surge The token’s four-day rally briefly saw its market capitalization rising to over […]Powered by WPeMatico
DEX volumes have already surpassed $120b in 2021
DEX trading volumes on Ethereum hit $63 billion in January, smashing the sector’s previous record of $28 billion.
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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.
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Is $1 billion a day in volume the ‘new normal’ for Uniswap?
Uniswap could be averaging $1 billion in daily trade volume soon with the majority of trades occurring between Ethereum and stablecoins.
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Bitcoin ‘real’ daily trading volume tops $22B as BTC price recovers
Monday’s Bitcoin price decline coincided with a massive activity spike across spot, options and futures markets.
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India’s Crypto Trading Volume Soars Amid Economic Crisis
Despite the economic crisis, cryptocurrency trading platforms in India are reporting record-breaking volumes and new users. “People in India are betting big on bitcoin,” Paxful’s CEO said. “The Indian market holds great potential and importance for the future of the crypto-economy.” Record-Breaking Growth Across the Indian Crypto Industry Cryptocurrency trading volume has been growing by […]
The post India’s Crypto Trading Volume Soars Amid Economic Crisis appeared first on Bitcoin News.
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Report Claiming an Increase in Bitcoin Trading Volume Isn’t a big Deal
There are often a lot of questions as to how much demand there really is for bitcoin. A new report by Arcane Research indicates everything is going swell. Analyzing the trading of different cryptocurrencies is always a big undertaking. Early Bitcoin Trading Volume Isn’t too Relevant Not all of the exchanges and trading platforms share their data publicly. Additionally, one has to detract wash trading and manipulation from the equation. The numbers provided by Arcane Research shows things are moving in the right direction. The company confirms that the increasing trading volume signals a prominent trend. It is still early
The post Report Claiming an Increase in Bitcoin Trading Volume Isn’t a big Deal appeared first on The Merkle Hash.
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