Trading Volume
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Cryptocurrency Market Bounces Back as Bitcoin Approaches $21,000 and ETH Surpasses $1,500
It is reported that according to CoinGecko data, with BTC approaching $21000 again and ETH breaking through the threshold of $1500, the current total market value of encryption is back above $1 trillion, about $1.004 trillion, up 4.6% in the past 24 hours. The 24-hour trading volume is about 61 billion US dollars. At present, BTC accounts for 40.2% and ETH accounts for 18.3%. The total market value of encryption is back above $1 trillion Analysis based on this information:The cryptocurrency market has seen an impressive bounce back as Bitcoin approaches the $21,000 mark once again and Ethereum, also known as ETH, breaks through the threshold of $1500. According to CoinGecko data, the current total market value of cryptocurrencies has surpassed $1 trillion, hitting around $1.004 trillion—a rise of 4.6% in the past 24 hours. The 24-hour trading volume has also increased reaching about $61 billion. It should be noted that the total market capitalization refers to the value of…
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Cryptocurrency Market Value Continues to Rise
According to the report, according to CoinGecko data, the current total market value of cryptocurrency is $968.9 billion, with a 24 hour increase of 0.4%. The 2
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Moonbirds NFT Whale Address Sells 500 Holdings Resulting in a 719.49ETH Loss
On March 12, according to Blur’s market data, the Moonbirds NFT whale address (0xb8… 551a) began clearing its Moonbirds NFT holdings at Blur at about 6 p.m. on March 11, with a total clearing of about 500 Moonbirds and a loss of about 719.49ETH. In the past 24 hours, the trading volume of Monnbirds exceeded 5500ETH, and the floor price fell 23.86% to 4.66ETH. A Moonbirds giant whale cleared 500 Moonbirds in nearly 24 hours, losing 719.49ETH Analysis based on this information:According to Blur’s market data, the Moonbirds NFT whale address (0xb8… 551a) has been clearing its Moonbirds NFT holdings at Blur. The whale began selling their holdings at approximately 6 p.m. on March 11, and has sold a total of 500 Moonbirds resulting in a loss of approximately 719.49ETH. This sell-off has caused the trading volume of Moonbirds to exceed 5500ETH in the past 24 hours, with the floor price decreasing by 23.86%, falling to 4.66ETH. This news has…
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Coinbase’s Trading Volume Plummets due to USDC Anchoring
On March 12, according to the data released by Crypto KOL and chain analyst Mr. Whale, the trading volume of Coinbase on the Cryptocurrency Exchange has plunged by 99.2% in the past 24 hours, which is the first time in history. The reason may be that the US dollar stable currency (USDC) (partially owned by Coinbase) triggered the anchoring in the bankruptcy of Silicon Valley banks. Coinbase’s trading volume fell 99.2% in the past 24 hours Analysis based on this information:According to recent data released by chain analyst Mr. Whale, the trading volume of Coinbase on the Cryptocurrency Exchange has plunged by 99.2% in the past 24 hours, making it the first time in history for such a significant decline. This significant change can be attributed to the US dollar stable currency (USDC) that is partially owned by Coinbase at the time of writing. Reports suggest that this has triggered the anchoring of Silicon Valley’s banks in bankruptcy. The USDC…
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Uniswap Takes the Lead With Record-Breaking Trading Volume
On March 12, Dune data showed that the trading volume of Uniswap reached US $11.84 billion yesterday, nearly twice the trading volume of the second largest day, a record high. Uniswap trading volume reached US $11.84 billion yesterday, a record high Analysis based on this information:Uniswap, a decentralized cryptocurrency exchange platform, has set new records in trading volume on March 12. According to data from Dune Analytics, the platform recorded a trading volume of US $11.84 billion, almost double the trading volume of the second-largest decentralized exchange (DEX) on that day. This is a significant achievement for the platform as it solidifies its lead in the DEX market. This surge in Uniswap’s trading volume can be attributed to various factors. First, the platform has been gaining popularity among the crypto community due to its ability to facilitate the trading of a wide range of tokens at low fees. Additionally, the platform has been increasingly used for yield farming, a strategy…
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The Surge in Trading Volume of Curve Stable Currency 3Pool
On March 11, according to Curve data, the daily trading volume of Curve stable currency 3pool (USDC/USDT/DAI) liquidity pool has reached US $2.8 billion, 7.5 ti
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Cryptocurrency Market Witnesses a 6.8% Drop in 24 Hours but Bitcoin and Ethereum Remain Dominant
According to the report, according to CoinGecko data, the current total market value of cryptocurrency is 977.153 billion US dollars, with a drop of 6.8% in 24
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Gitcoin Presents NFT series: A Massive Success with High Trading Volume
It is reported that the value of the Gitcoin Presents NFT series, launched jointly by the blockchain financing company Gitcoin and the NFT platform Metabel, soa
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Bored Ape Yacht Club NFT Series Sees Dip in Floor Price, But Trading Volume Surges
On March 10, according to the NFTGo.io data, the price of the Bored Ape Yacht Club series NFT floor dropped to 68.4ETH, down 4.24% in 24 hours. In addition, the
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Continued Surge in Trading Volume of Bitcoin and Ethereum Derivatives
According to reports, the data showed that the trading volume of derivatives of Bitcoin and Ethereum in US dollars continued to rise in February. The trading v…
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Coinage Continues to Dominate Spot Market in Cryptocurrency Exchange
It is reported that Coinage has expanded its spot market share in the Cryptocurrency Exchange for the fourth consecutive month. According to a report from Cryp…
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Litecoin Witnesses Massive Increase in Trading Volume
On March 8, the data showed that the on-chain trading volume of LTC in Letcoin was 94.6894 million LTC in the past 24 hours, up 220.67% from the previous 24 ho…
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Current Cryptocurrency Market Analysis: Bitcoin and Ethereum Dominance
According to the report, according to CoinGecko data, the current total market value of cryptocurrency is about 1.072 trillion US dollars, with a drop of 0.3% …
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Trading Volume of Doodles Series NFT Soars by 192% in 24 Hours
It is reported that according to the latest data of OpenSea, the trading volume of Doodles series NFT in the past 24 hours was 4831ETH, up 192%. The trading vo…
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Cryptocurrency Investors Turn to Stable Currencies as Cash Substitutes
On March 3, it was reported that after the crisis of Silvergate Capital Corp, a cryptofriendly bank, investors were supporting the circulation of stable curren…
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Stable Currency Supply Shrinks as Market Share of USDT and USDC Increases
According to the report, according to the data of The Block Research, the supply of stable currency issued in February further contracted to US $128.4 billion,…
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Trading Volume Trends in Zhishang Suo Taifang Futures, Bitcoin Futures, and Cryptocurrency Options
According to the report, according to the data of Block Research, the average monthly trading volume of Zhishang Suo Taifang futures reached 499 billion US dol…
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Decentralized exchanges face challenges in gaining mainstream adoption
It is reported that many market observers predict that the use of decentralized exchanges will increase sharply after the collapse of FTX last year, but analys…
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Ethereum NFT Trading Volume Returns to $1B in February 2022
It is reported that according to the February data on the Ethereum chain released by Rebecca Stevens, the data researcher of The Block, the NFT trading volume …
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Cryptocurrency Market Value and Bitcoin and Ethereum Dominance
According to the report, according to CoinGecko data, the current total market value of cryptocurrency is $1.113 trillion, with a 24 hour increase of 0.7%. The…
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BoredApeYacht Club’s Test Version Hits 45 ETH on Floor Price: A Booming Market Amidst Ethereum’s Increasing Popularity
On February 27th, it was reported that the floor price of BAYC BoredApeYacht Club-GOERLI-TEST, a test online version of Ethereum Goerli, had reached 45 ETH. At…
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Cryptocurrency Market: Current Stats and Trends
According to the report, according to CoinGecko data, the current total market value of cryptocurrency is 1.1 trillion US dollars, with a decline of 0.2% in 24…
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USDT Trading Volume Reaches Lowest Level in a Month
It is reported that according to Glassnode data, USDT has fallen to the lowest monthly trading volume level in the past 24 hours. The last trading volume at th…
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Crypto Market Experiences a Dip in Value in 24 Hours
According to the report, according to CoinGecko data, the current total market value of cryptocurrency is 1.1 trillion US dollars, with a decline of 3.1% in 24…
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Institutional Investors Dominate Coinbase Trading Volume but Contribute Less to Revenue
According to reports, Twitter user Sovereign Inn said that according to its analysis of the latest financial report of Coinbase, institutional investors contri…
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Bitcoin Futures Trading Volume on CME Reaches a New High
It is reported that on February 24, 2023, the Chicago Mercantile Exchange (CME) reported the volume of Bitcoin transactions as follows: 13594 Bitcoin futures e…