advertisement The combined trading volume of bitcoin (BTC) and ether (ETH) futures surged over $32 trillion in 2021, according to The Block Research. That figure, based on data as of December 27, is a massive 338% increase compared to 2020 trading volumes. Last year, bitcoin and ether futures saw a combined trading volume of over …
Trading volume for bitcoin and ether futures surpassed $32 trillion in 2021 Read More »
advertisement Centralized crypto exchanges, which hold customers’ private keys unlike decentralized exchanges, reported more than $14 trillion in trading volume in the year 2021, according to The Block Research. That figure is a massive 689% increase compared to 2020 trading volumes, based on data as of December 24. Last year, centralized crypto exchanges facilitated over …
Crypto exchanges saw over $14 trillion in trading volume this year Read More »
advertisement Decentralized exchanges (DEXs) reported more than $1 trillion in trading volumes in the year 2021, according to The Block Research. That figure is a massive 858% increase compared to 2020 DEX trading volumes, based on data as of December 23. Last year, DEXs facilitated over $115 billion in trading volumes. Overall, monthly DEX trading …
Decentralized exchanges saw over $1 trillion in trading volume this year Read More »
But unlike the aftermath of the May drop, investors this time have bought up bitcoin quickly. Some, including El Salvador, announced that they have bought “the dip” following the price slump. At the time of publication, bitcoin was trading at $49,179, 0.2% in the past 24 hours, according to CoinDesk data. Ether was at $4,153, …
advertisement Monthly data for decentralized exchanges (DEXs) indicates that the ecosystem has seen nearly $100 billion in volume for the month of November. According to The Block’s Data Dashboard, the total for November is approximately $99.5 billion as of November 28. Monthly volumes have climbed since hitting a low for the year of $56.35 billion …
Decentralized exchanges near $100 billion in monthly volume for November Read More »
advertisement Valkyrie’s bitcoin futures exchange-traded fund (ETF) listed on NASDAQ Friday, scoring an $80 million debut by the end of the day’s session. Valkyrie’s Bitcoin Strategy ETF ($BTF) opened at $25 and closed the day at $24.16, according to data from Bloomberg. In sum, the day’s volume came in at about $78 million after roughly …
The non-fungible token (NFT) marketplace OpenSea has surpassed $1 billion in monthly trading volume, according to data compiled by The Block. OpenSea’s trading volume increased 286% from July to August, and it has carried the majority of NFT monthly trading volume since May of this year. The firm has already seen $1.23 billion in volume …
OpenSea is first NFT marketplace to pass $1 billion in monthly trading volume Read More »
Google keyword search volume for the “Uniswap” — a useful indicator of interest in DeFi more broadly — has reached its highest point since September of 2020. Google doesn’t release raw numbers for search volume. Instead, it publishes scores between zero and 100, where zero is no interest in the term and 100 is maximum …
Search volume for ‘Uniswap’ reaches highest point since September 2020 Read More »
The adjusted, monthly on-chain stablecoin volume hit a new high in February, rising above $360 billion for the first time. As expected, the volume figures were dominated by Tether (USDT). USDT saw 63.5% of the volume, with 18.7% going to USD Coin (USDC) and 9.6% to DAI. USDT also saw its most-ever volume of $232 …
Adjusted on-chain volume of stablecoins reaches all time high in February Read More »
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 …
Weekly ‘Bitcoin’ tweet volume hit a new high this month Read More »