Chainlink’s link token, driven by the increased popularity of decentralized finance (DeFi), has surged past bitcoin, becoming the most traded cryptocurrency of the past 24 hours on Coinbase Pro, the biggest crypto exchange in the U.S. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and …
Link’s Trading Volume on Coinbase Surpasses That of Bitcoin Read More »
The adjusted transaction volume for stablecoins hit a new all-time high in June, according to data collected by The Block. The development represents the third month in a row that the figure was above $40 billion, beating the previous high seen in April. Once again, that adjusted transaction volume was dominated by Tether. The data …
Adjusted transaction volume for stablecoins hit new all-time high in June: data Read More »
Vice’s Motherboard published an article Friday that outlined how Canadian cryptocurrency exchange Coinsquare has allegedly used automated trading software to inflate its trading volumes. According to the report, Motherboard obtained leaked emails, Slack messages and other files. Based on the materials gathered, Coinsquare appeared buying and selling cryptocurrencies between accounts it controlled, an activity known …
Bitcoin’s trading volume has been an immensely important metric for the world’s largest digital asset in 2020. A metric that is highly accurate in detecting a price bottom, the importance of the same was highlighted by TokenInsight’s Q1 2020 report, according to which, BTC’s trading volume rose by 80 percent since 2019’s last quarter. Source: …
Bitcoin’s 7-day average volume spikes after previous subdued levels Read More »
Shares of cryptocurrency mining firm Hut 8 Mining Corp. (TSX:HUT) surged 32 percent with unusually high trading volume on the Toronto Stock Exchange Friday. The huge, surprising bounce for the stock arrives after the firm warned earlier in April that coronavirus-related issues might hurt its business. Like cryptocurrencies themselves, mining company stocks are prone to …
Market Wrap: Crypto Mining Stock Hut 8 Jumps on Unusually High Trading Volume Read More »
As the first quarter of 2020 approached conclusion, market speculators remained seated in the expectation of witnessing a major price hike over the first few days of March. However, the response across the market was rather lukewarm. Source: ADA/USD on Trading View 14th ranked Cardano reported a minor hike of 0.94 percent in the market …