Cryptocurrency Analysis and News Portal
The Pond0X decentralized exchange (DEX) has reached more than $100 million in total trading volume, according to a September 28 social media post from its official channel. Investors previously lost over $2 million in the launch of the exchange’s native token, PNDX, when the coin turned out to have a
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Consistent with the volatile crypto market, the past few months have been filled with uncertainty for Bitcoin (BTC). However, the bears appear
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Bitcoin (BTC) exchanges have seen trading volume collapse as traders deal with constant macroeconomic uncertainty.According to new research from on-chain analytics platform CryptoQuant published on Sept. 25, daily BTC volumes are at lows rarely seen since 2018.Fed keeps Bitcoin investors wary of “possible recession”Bitcoin price action has stayed in a
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Daily transaction volume on Friend.Tech clone platform Post.Tech exploded by nearly 8,000% with 136,000 transactions in 24 hours. The decentralized protocol runs atop Ethereum layer-2 network Arbitrum. Users opined that Post.Tech seems like a fork between X, Elon Musk’s Twitter rebrand, and the viral decentralized mobile app Friend.Tech which operates on
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The drop in Bitcoin (BTC) activity on Binance, a cryptocurrency exchange, has been attributed to the removal of zero-commission trading in September. Bloomberg experts noted a 26% drop in average seven-day volume since the start of September. TrueUSD ended commission-free trading of BTC and stablecoins on Sep. 7, resulting in an
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The rapid increase in the value of Immutable’s IMX token has attracted not only the interest of crypto fans but also remarks from industry experts. In a surprising turn of events, ImmutableX (IMX) is experiencing a remarkable surge of 38.1% in just a few hours this morning following a corresponding trading
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The price rally is accompanied by over 22% increase in the 24-hour global trading volume to $556 million. The IMX-Korean won (IMX/KRW) pair listed on South Korea's Upbit exchange accounted for nearly 20% of the global activity, followed by Binance's IMX-tether (IMX/USDT) pair, which contributed 7% to the total volume,
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Bitcoin (BTC) futures trading volume dropped by more than half in September, led by Binance volumes falling. According to a Sept. 19 K33 Research report, Bitcoin spot futures trading volumes fell by 57% since the beginning of September — with Binance being a key driver with a 48% fall. Bitcoin spot
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Amid escalating regulatory scrutiny and legal challenges, Binance experienced a 57% drop in its weekly Bitcoin trading volume since the beginning of the month, signaling potential turbulence for the world’s largest cryptocurrency exchange. This downturn coincides with mounting legal challenges and increased regulatory oversight targeting the exchange on a global scale. Regulatory
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“The ongoing DOJ and SEC cases vs. Binance may have dissuaded market makers from trading on Binance, explaining parts of the decline,” K33 Research senior analyst Vetle Lunde said. “Some market making has probably leaked to other exchanges, but it's still almost certain that Binance's woes negatively impact market volumes,”
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