Volume Surge Brings 25% Turnover to ‘CoinDesk 20’
In the latest CoinDesk 20 revision, five assets were replaced by crypto assets that saw recent quarterly volume surges.
Kineko, a high-throughput sports betting and prediction markets protocol with the real-time settlement, has officially migrated to Solana. The company has gained substantial momentum since its inception on the Ethereum network and continues to be a leader in the crypto betting space. To date, Kineko has a volume turnover totaling over $41 million. The team […]
The Bitcoin trading volume observed a surge earlier as the price of the crypto crashed below $40k. However, the metric has now once again come back down as the coin has become calmer. Bitcoin Trading Volume Sharply Declines Following A Brief Uplift As per the latest weekly report from Arcane Research, the BTC trading volume […]
Comment added from BTCC CEO Bobby Lee. Bitcoin broke the $260 mark this morning, hitting its highest price in two months. The CoinDesk Bitcoin Price Index, which has been rallying since mid-September, saw a 2.5% increase over the last 24 hours. By 9:53am (UTC), the digital currency had reached $260 - the first time since 16th August. It has since been dipping back into the $259 range. This week has seen a sudden surge in bitcoin trading volume, driven predominantly by the Chinese exchanges Huobi and OKCoin. On Wednesday, 1.29m BTC was traded in total - the highest amount since 26th....
Last week's bitcoin price surge, initiated a chain react across all major bitcoin exchanges and bitcoin's trading volume reached its highest point in since late 2014. So, so did the price surge enkindle the rise in the trading volume? or did it go the other way round; the boosted trading volume pushed bitcoin price "to the moon"? Bitcoin Trading Volume Rising Across All Major Exchanges: According to blockchain.info, the bitcoin/USD exchange volume reached $42,637,208 on the 5th of November, the day that witnessed a price high of $447.47 on Bitstamp. Although the price exceeded $500 on the....
Today has been a monumental day for Cardano. Caught within the recent crypto bull market, its token, ADA, hit a new all-time high price of $1.38 this evening. This marks an increase of approximately 2600% over the past year, as tracked by Messari. In fact, this milestone brings with it more good news for the smart contract platform. Over the past 24 hours, the surge of interest in Cardano has brought its on-chain transaction volume […]