Cryptocurrency Analysis and News Portal
Crypto data and research platform Messari has added 10 new exchanges to its “real volume” metric as part of a revamp of the methodology.The ranking is an attempt to rank exchanges without including any wash trading — which came about following the landmark Bitwise report that suggested 95% of volume
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Bitcoin’s now-concluded halving event, which several in the industry cited as a price catalyst, seems to have revived institutional interest in a hyped, but overlooked trading product. Bitcoin Halving Spurs Options Interest As reported by The Block on May 17, Bitcoin options at the Chicago Mercantile Group (CME) have surged since last
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Pre-halving speculation has driven historic volumes of crypto trade, with April 30 producing the second-strongest single day for volume on record according to a report published by market data aggregator, CryptoCompare.Notional volume for BTC options on Chicago Mercantile Exchange, or CME, also tagged a new record in recent days, with
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Bitcoin trading and transaction volumes surged at the pro-crypto Silvergate Bank in the first quarter of 2020.According to an April 29 transcript filed with the U.S. Securities and Exchange Commission (SEC) on its Q1 2020 earnings, Bitcoin (BTC) trading volume on the Silvergate Exchange Network (SEN) grew 75% over the
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Ripple’s On-Demand Liquidity (ODL) payments network tripled in transaction volume over the last quarter according to the just released Q1 2020 XRP Markets Report.The dollar value transacted using ODL increased by more than 294%, which is good news for token holders with the report describing XRP liquidity as the “lifeblood
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As the Bitcoin price skyrocketed close to $9000 on April 29, Changpeng Zhao, or CZ, announced that Binance, the world’s largest crypto exchange, has hit $11 billion in trading volume over the past 24 hours. This number is considered an all-time high for the exchange.According to CZ’s post, the last
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A study by TokenInsight indicates that the total futures trading volume in the crypto industry reached over $2.1 trillion in Q1 2020. This is an increase of 314% from the 2019 Q4 average.According to the “2020 Q1 Cryptocurrency Derivatives Exchange Industry Report”, except for a slight decline in Q4 2019,
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Interest in the forthcoming “halving” event on the Bitcoin (BTC) blockchain has surged to levels higher than ever seen before.Data from Google Trends as of April 14 indicates that this year’s peak of interest in the event is 16% higher than back in 2016, the last time that halving
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Recent reporting by Cointelegraph shows that Bitcoin (BTC) spending has retraced since March 9 amid the worsening coronavirus pandemic. Data from blockchain analytics firm Chainalysis also shows that even the amount of Bitcoin spent on illicit activities through darknet marketplaces is down from pre-coronavirus levels.Despite the reduction in transactions,
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For well over a month now, a great number of countries have been living under lockdowns and stay-at-home orders due to the coronavirus outbreak. Meanwhile, central banks like the Fed, Bank of England (BoE), and European Central Bank (ECB) have funneled trillions into the hands of private financial incumbents. Despite
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