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The greater DeFi category has given birth to a variety of cryptocurrency market winners over the last year or so, but few have become as dominant as Uniswap. Not only has the related UNI token performed incredibly well itself, Uniswap’s dominance has resulted in DEX volume growing more than 1,000 times
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Leading decentralized exchange, or DEX, platform Uniswap continues to lead the sector as it nears an average of $1 billion a day trading volume for the month of January.Only two-thirds of the way into the month and the platform has already surpassed the previous monthly trade volume record of $15.3
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After closing out last week at over $40,000 on Sunday, bitcoin hit that price again Thursday while traders are pushing ether volumes to new liquidity levels.Bitcoin (BTC) trading around $39,318 as of 21:00 UTC (4 p.m. ET). Gaining 8.5% over the previous 24 hours.Bitcoin’s 24-hour range: $36,125-$40,066 (CryptoX 20)BTC above
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The Chicago Mercantile Exchange, or CME, recorded significant volume for its Bitcoin (BTC) futures trading product over the course of last 12 months. “More than 2.2+ million contracts were traded in 2020,” a CME representative told Cryptox. Each cash-settled Bitcoin futures contract at the CME is worth the dollar value of
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Trading activity on Bitcoin (BTC) exchanges spiked massively even as the BTC price was suffering a major correction. According to data from crypto research firm Messari, Bitcoin’s real 24-hour trading volume is about $22.3 billion.To put this figure in context, Cryptox previously reported Bitcoin’s real seven-day trading volume setting a
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2021 got off to a quick start and the current crypto bull market has seen assets like Bitcoin (BTC) and Ether (ETH) shoot to new all-time highs on an almost daily basis. While new price highs are positive for investors, they do present a range of challenges relating to fees, transaction
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Changpeng Zhao, the chief executive of Binance, the world’s largest crypto exchange by trade volume, reported a record of $80 billion in 24-hour trade activity on Jan. 4.On Twitter, CZ compared the recent activity to the volume posted during the last record-breaking bull cycle, noting that the past day of
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In brief:Bitcoin’s monthly tweet volume has spiked to levels last seen in March 2018December has seen roughly 1.3 million Bitcoin tweetsBitcoin tweets are surging and increasingly coming from unique usersBitcoin posted another all-time high of $29,300 with $30k within sightsBitcoin’s fear and greed index continues to plateau above 90 with
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Bitcoin broke well above $20,000 this week, signaling that the bull market was real and that the cryptocurrency
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The price of BNT, the native token of Bancor, surged 86% in merely two days from $1.02 to $1.919. The rally was fueled by a combination of Coinbase listing BNT and the growing volume of Bancor’s DEX.The Coinbase listing was the primary catalyst behind BNT’s strong 48-hour rally. Almost immediately
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