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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In July, Kraken reinforced its dominance as the top platform for altcoin trading in the US. Kaiko reports reveal that Kraken commanded nearly 50% of the market depth for the top 10 altcoins. On Aug. 9, Kaiko’s research
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To combat galloping inflation early in 2022, the U.S. Federal Reserve began what's now become an historic run of monetary tightening, raising its benchmark fed funds rate target more than 500 basis points over the past 17 months. The most recent rate hike was at the Fed's last policy meeting
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The volume of NFT theft decreased significantly in July — a 20% fall compared to June. According to the PeckShield study, a blockchain security company, July saw $1.73 million worth of stolen NFTs — a 20%
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The largest staking service provider also crossed $15 billion in total value locked, a level not seen since May 2022. Original Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied CCData, a global data provider, released a new report on cryptocurrency exchanges’ performance for July. The report analyzes the performance of the main cryptocurrency exchanges in the crypto industry in different market segments like spot and
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The unemployment rate TKTK to 3.X% versus estimates for 3.6%. Original Source
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Trading activity rose 24% to $940 million, registering the first increase in four months, according to data tracked by CCData. Volumes in bitcoin (BTC) options rose 16.6% to $734 million, while ether (ETH) options registered a 60% increase to $207 million. Source
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Upbit bucked the general market trend, witnessing a 42.3% increase in trading volume to $29.8 billion, pushing the exchange beto the second-largest platform by trading volume, after Binance. Coinbase was previously the second largest crypto exchange by trading volume. Source
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Cryptocurrency giants, bitcoin and ether, meanwhile, lost ground during the month. Source
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The latest price moves in bitcoin (BTC) and crypto markets in context for August 1, 2023. First Mover is CryptoX’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
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