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Uniswap Monthly Volume Surpasses Coinbase Under the Influence of the DeFi Craze

Uniswap Monthly Volume Surpasses Coinbase Under the Influence of the DeFi Craze

Under the influence of the decentralized finance (DeFi) craze, decentralized exchange Uniswap has processed $15.3 billion in monthly volume in September.

China Construction Bank Announces Updates of Blockchain Platform After $50B Transacted

China Construction Bank Announces Updates of Blockchain Platform After $50B Transacted

One of China’s four largest banks, China Construction Bank (CCB) has officially released the second version of its blockchain platform for trade finance, reaching 360 billion yuan ($50 billion) in cumulative transaction volume. CCB announced the release of “BCTrade 2.0,” focusing on digitizing trade and financial services between 54 domestic and overseas CCB branches and 40 external organizations. Reported by Xinhua news, these organizations include state-owned banks and foreign banks.

Bitcoin’s 7-Day Transaction Volume Hit All-Time High of $4.39 Billion

Bitcoin’s 7-Day Transaction Volume Hit All-Time High of $4.39 Billion

New data by Glassnode reveals that BTC’s seven-day transaction has broken the record at $4.39 billion.

Police Search of South Korean Coinbit Crypto Exchange Finds 99% Trade Volume Manipulation

Police Search of South Korean Coinbit Crypto Exchange Finds 99% Trade Volume Manipulation

Coinbit, the third-largest crypto exchange in South Korea, has found itself in trouble with the authorities for alleged arbitrage manipulation of the transaction volume.

Venezuelans Will Love Bitcoin Even More with 10,000,000% Inflation

Venezuelans Will Love Bitcoin Even More with 10,000,000% Inflation

Bitcoin's trading volume has set a record high in Venezuela, thanks to the 10,000,000% inflation rate in 2019.

Bitcoin Exchange Outflow Volume Soars, Why Are BTC Holders Not Selling Off?

Bitcoin Exchange Outflow Volume Soars, Why Are BTC Holders Not Selling Off?

Bitcoin’s Exchange Outflow Volume (7d MA) just reached a 1-month high of $102,299,130.40. This shows people are holding onto BTC more long-term.

What is Sushiswap (SUSHI) and Why it Enabled Uniswap’s Trading Volume to Surpass Coinbase

What is Sushiswap (SUSHI) and Why it Enabled Uniswap’s Trading Volume to Surpass Coinbase

The decentralized finance (DeFi) industry has surpassed $9 billion in total value locked (TVL) recently resulting from the latest surge in popularity.

May 25: Negative Rates Eating the World (but not Crypto)

May 25: Negative Rates Eating the World (but not Crypto)

Like Chinese ADRs in the US, it's a sea of red for crypto with Bitcoin down more than 5% in the past 48 hours as it fails to hold above 9k & 8.8k where stops got triggered. No news or catalyst but the lack of bulls to follow through was evident through the volume, and perhaps over this long weekend that the usual buyers haven't been able to pile onto their longs.

Tezos Price Scoop: XTZ/BTC Bounces from Support as Indicators Show Exhausting Selling Pressure

Tezos Price Scoop: XTZ/BTC Bounces from Support as Indicators Show Exhausting Selling Pressure

On Tuesday, during opening trading hours, Tezos's price opened at 1898 satoshis, trading later at a gain of +3.96% at 1970 satoshis. Around 279 million worth of Tezos tokens exchanged hands of the volume during the trading session. Tezos is trading between a daily range of 1891 satoshis to 1985 satoshis.

Ethereum’s DeFi Trades Skyrocketed in Q3 2020, but Bitcoin Volume Declined

Ethereum’s DeFi Trades Skyrocketed in Q3 2020, but Bitcoin Volume Declined

A quarterly report from eToro indicated that while DeFi sector was bullish in 2020’s third quarter (Q3), Bitcoin trades decreased in contrast.

CoinCodex and CoinGecko Break CoinMarketCap's Monopoly on Cryptocurrency Rankings and Price Tracking

CoinCodex and CoinGecko Break CoinMarketCap's Monopoly on Cryptocurrency Rankings and Price Tracking

Since the release of Bitcoin in 2009, the cryptocurrency industry has continued to evolve to the extent that major banks like JP Morgan Chase have started supporting crypto businesses. This trend has created avenues for various cryptocurrency comparison sites that list prices, market cap, trading volume, and coins in real-time. Nevertheless, this field is no longer a one-stop shop because CoinGecko and CoinCodex have come up, and they are giving CoinMarketCap a run for its money.

CoinMarketCap Introduces Algorithmically Ranked Crypto Trading Pairs to Eradicate Volume Inflation

CoinMarketCap Introduces Algorithmically Ranked Crypto Trading Pairs to Eradicate Volume Inflation

CoinMarketCap, a leading crypto data tracker, has gone a notch higher by presenting a new ranking system based on an innovative algorithm powered by machine learning. According to the company’s blog post, this new approach will enable users to make more profound trading decisions when it comes to market pairs. The new approach presented by CoinMarketCap seeks to revamp its current single metric ranking network to a combined one that will handle at least 22,000 market pairs covering more than 5,500 cryptocurrencies.

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