Cryptocurrency Analysis and News Portal
Decentralized finance (DeFi) liquidity pools continue to surge in popularity, with the Curve Finance decentralized exchange (DEX) consistently hosting more than $60 million in daily volume for the first time this past week, according to Dune Analytics.With daily volume closer to $1 million at the start of June, the explosive
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The structure of the entire cryptocurrency market has been shifting throughout 2020, with traders placing an increased emphasis
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Volumes on bitcoin futures offered by Bakkt set a record high on July 27, with 11,500 contracts traded on the institutional exchange.Altogether, the contracts are worth about $126 million, at the time of writing. Each contract is equivalent to one bitcoin (BTC).Total open interest – an indicator of the
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The market for Bitcoin futures snapped back into life on Monday as the cryptocurrency's price surged up to an 11-month high. Source
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Half a dozen emerging markets have established new records for weekly peer-to-peer (P2P) Bitcoin (BTC) trading, including India, Ghana, the Philippines, Argentina, Mexico and Egypt, according to data published by Useful Tulips.India comprised the strongest market to post a new record for trade activity, with $3.4 million worth of BTC
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Trading activity in bitcoin futures listed on the Chicago Mercantile Exchange (CME) has cooled notably as the leading cryptocurrency languishes in the price doldrums. Daily trading volume fell to $87 million (via 1,895 contracts) on Friday to hit the lowest level since April 17, when the exchange-traded contracts were worth
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Quick take:The daily Bitcoin futures trade volume is constantly decreasing. One reason for the decline could be the summer season in the Northern hemisphere providing traders with activities to do other than trading. Bitcoin is once again battling to maintain levels above $9,100. The daily trade volume of Bitcoin (BTC) futures across all
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Bitcoin’s extended bout of sideways trading has caused the cryptocurrency to see historically low volatility levels. In the past, bouts with volatility this low tend to be followed by massive movements that set the tone for which direction the cryptocurrency will trend in the days and weeks ahead. Analysts are noting that
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Peer-to-peer (P2P) crypto exchange Paxful reported Tuesday that its bitcoin trading volumes climbed 35% to $1.1 billion during the first six months of 2020 compared to $817 million a year ago.More than $182 million worth of bitcoin (BTC), on average, was traded on the platform every month between January
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According to the crypto exchange’s report, June was the most uneventful month for Bitcoin (BTC) trading since February and was marked by a reversal in correlation trends with gold and the S&P 500. Source
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