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Legitimate volume on spot crypto exchanges fell to $125.8 billion in October

Spot trading volumes on legitimate crypto exchanges hit $1.58 trillion in April

Data collected by The Block Research shows that spot trading volumes on legitimate exchanges hit a new all-time high for April. As noted by The Block’s Lars Hoffmann, the exchanges listed below saw a collective $1.58 trillion in spot trade volume last month. The $1.58 trillion figure represents a 49% increase compared to March’s $1.06 …

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Weekly 'Bitcoin' tweet volume hit a new high this month

Weekly ‘Bitcoin’ tweet volume hit a new high this month

The week-by-week number of tweets containing the word ‘bitcoin’ hit a new this month, according to data compiled by The Block Research. For the week ending February 14, there were roughly 675,000 tweets containing the term ‘Bitcoin.’ That figure represents a 17.13% increase from the previous volume peak, which occurred in mid-January with a weekly …

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ETH price tops $2,000 for the first time to hit new all-time high

ETH price tops $2,000 for the first time to hit new all-time high

The price of Ether (ETH), the native cryptocurrency on the Ethereum network, has set new record highs.  The second largest cryptocurrency by market capitalization is now changing hands at $2,003 on Coinbase Pro as of writing, after topping the $2,000 level for the first time around 3:45 UTC on Saturday. The price rally of ETH …

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Creator of hit NFT project NBA Top Shot poised to net $250 million in round led by $25 billion firm

Creator of hit NFT project NBA Top Shot poised to net $250 million in round led by $25 billion firm

Quick Take NFT-focused startup Dapper Labs is raising $250 million in a new funding round led by Coatue Management. The round comes amid a period of rapid growth for its NBA Top Shot NFT product. This feature story is available to subscribers of The Block Daily. You can continue reading this Daily feature on The …

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Executives central to the Findora mystery hit with lawsuit alleging fraud and embezzlement

Executives central to the Findora mystery hit with lawsuit alleging fraud and embezzlement

A newly filed lawsuit has shed some light on one of the most bizarre storylines to bubble up from the world of cryptocurrency. Ariel Abittan, a New York-based investor who says he is a shareholder of Eian Labs, a U.S.-based DeFi startup that was rebranded to Findora in 2019, filed the suit on December 24 …

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Grayscale’s ETHE hit an all-time high average daily volume in November

Grayscale’s ETHE hit an all-time high average daily volume in November

The average daily trading volume of Grayscale’s Ethereum Investment Trust (ETHE) product grew 220% in November compared to the previous month, according to data compiled by The Block. The ETHE average daily volume came in at $24.63 million — the highest month on record. November saw $9.43 million more daily volume than the last peak, …

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Legitimate volume on spot crypto exchanges fell to $125.8 billion in October

Aggregated open interest on Bitcoin, Ethereum options hit all-time highs this weekend

The aggregated open interest on bitcoin options reached $4.53 billion on Nov. 22, having grown $1.13 billion since Nov. 15. That’s nearly a 25% increase in a week, according to data from The Block Research. In addition to Bitcoin, the aggregated open interest on Ethereum options reached $780.05 million. Ethereum option open interest jumped $221.09 …

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Decentralized exchange volumes hit $23.5 billion in September

Decentralized exchange volumes hit $23.5 billion in September

Data for September shows that decentralized exchanges saw more than $23 billion in trade volume for the month. The approximately $23.5 billion in volume reflects a 103% month-over-month increase compared to August’s $11.6 billion, according to data published by Dune Analytics, which tracks volumes in the DEX ecosystem. September’s volume figure is higher than previously …

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First Mover: Bitcoins Hit Exchanges as Bloomberg Touts Crypto and DeFi Hedge Fund Seeks $50M

First Mover: Bitcoins Hit Exchanges as Bloomberg Touts Crypto and DeFi Hedge Fund Seeks $50M

The upcoming U.S. presidential election has become one of the most contentious in history, fraught with searing divisions over everything from the economy to race to the continued health of democracy itself.   So it’s not surprising that Wall Street options traders are now pricing in expectations of elevated market volatility around the November election. Analysts for the …

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