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Oddly, following news of a New York Grand Jury voting to indict former president Donald Trump on March 30, the floor price for the officially licensed Trump Digital Trading Cards NFT project pumped. According to data from OpenSea, NFT traders were seemingly spurred into action by the announcement, with the
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The stablecoin’s recent popularity comes after Binance, the world’s largest crypto exchange by trading volume, picked TUSD as a favored stablecoin trading pair on its platform amid a regulatory crackdown on its namesake Binance USD (BUSD). New York regulators ordered BUSD issuer Paxos, a fintech firm based in the state,
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The declines come after the exchange halted its no-fee trading promotion for the 13 bitcoin spot trading pairs, including BTC-USDT, on March 22. Binance called the promotion temporary. In an email to CoinDesk last week, Kaiko Research Director Clara Medalie wrote that without zero-fee, she expected “a short-term drop in
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“We’re seeing a feverish trading environment for ARB tokens as the airdrop just launched. Airdrops logically garner a lot of retail attention, but often result in the price tanking as traders offload their tokens rapidly,” said Henry Liu, CEO of BTSE, in a Telegram message to CryptoX. Source
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Another reason for the increase in trading volume is due to NFT marketplace Blur's "airdrop seasons and farming," according to Sara Gherghelas, blockchain analyst at DappRadar. "The NFT whales decided to farm [virtual] land, especially the MG Land project, which is an NFT collection." Source
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The previous high of $24.3 billion occurred in May 2021, when bitcoin was worth roughly $65,000 and ether $4,400. Source
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The Sewer Pass non-fungible token (NFT) collection, created by Yuga Labs, has seen a notable rise in sales volume over the past 24 hours. According to data provided by CryptoSlam, Sewer Pass sales are up by over 61% in the past 24 hours, reaching $1.88 million in 319 transactions. This movement
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On Deribit, one options contract represents 1 BTC and 1 ETH. The exchange controls more than 80% of the global crypto options market. Options give traders the right to buy or sell the underlying asset, in this case, bitcoin, at a specific price, known as a strike, by a stated
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On Saturday, several centralized crypto trading platforms and payment processors stopped USDC auto conversions. However, USDC experienced a significant trading volume on decentralized exchange (dex) platforms such as Uniswap, Curve, and Pancakeswap. Uniswap alone recorded $10.13 billion in trades over the past day, with more than 55% of those swaps
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Stablecoin swapping pool Curve Finance is experiencing the highest daily trading volume in its history, exceeding $7 billion in the past 24 hours after the Silicon Valley Bank (SVB) collapse triggered a wave of uncertainty across markets and depegged the USD Coin (USDC) from the U.S. dollar. Looks like we have
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