Trading volume on Bitcoin exchanges rose 75% in August
In August, trading volumes on spot crypto exchanges rose 75%. This was the highest growth rate since February 2018, according to The Block.News, articles, and analysis on key events, indicators, and signals in the cryptocurrency market.
Trading volume on Bitcoin exchanges rose 75% in August
In August, trading volumes on spot crypto exchanges rose 75%. This was the highest growth rate since February 2018, according to The Block.
Analysis of futures reports: whales have been massively closing their positions
Futures reports are a useful tool for traders, helping to gauge sentiment among large players and complement the view of the market. On the mood among Bitcoin whales, ForkLog spoke with analyst Dmitry Perepelkin.
Ethereum transaction volume in August exceeded $24 billion
The second-largest cryptocurrency surpassed July’s record for transaction volume and crossed the $24 billion mark in August, according to data from analytics platform DappRadar.
DeFi project tokens gain popularity among whales
The rapid growth of the decentralized finance segment has made some DeFi tokens popular among participants on OTC platforms. The Block reports, citing sources familiar with the situation.
Chainalysis cites reasons for the rise of cryptocurrency popularity in Latin America
Over the course of a year, Latin America accounted for between 5% and 9% of monthly total cryptocurrency activity. The region ranked second in growth in both volume and number of transactions, according to Chainalysis. The company attributed this dynamic to several factors.
CoinMetrics: Daily stablecoin issuance reaches $100 million
Since mid-July, daily growth in the aggregate market capitalization of stablecoins has risen to $100 million. CoinMetrics co-founder Nic Carter drew attention to this.
Monthly trading volume on decentralized exchanges surpassed $11 billion
Trading volume on decentralized exchanges (DEX) in August surpassed $11 billion amid rising industry interest in the DeFi segment.
Futures-Reports Analysis: Whales Ready to Buy Near the $11,000 Mark
Futures reports are a useful tool for traders, helping to gauge sentiment among large players and supplement views of the market. Dmitry Perepelkin explained to ForkLog the mood among Bitcoin whales.
44% of Bitcoins in Circulation Have Not Moved for More Than Two Years
The number of bitcoins that hadn't moved in more than two years reached 44% of the total circulating supply of the cryptocurrency, according to data from analytics firm Glassnode.
Raids at offices of major South Korean Bitcoin exchange
One of South Korea's leading cryptocurrency exchanges, Coinbit, is suspected of inflating trading volumes by 99%. Through a fraudulent scheme, the company could have earned more than 100 billion won ($85 million), according to the local publication Seoul News.
Polkadot token ranks 10th by market capitalization in CoinGecko ranking
Analytical service CoinGecko added a market-cap metric for the DOT token from the Polkadot project. With a $3.75 billion figure, DOT immediately ranked 10th.
Chainalysis analyzes East Asia on-chain activity — Chinese capital flowing into USDT
Over the past year, cryptocurrency addresses from East Asian countries received $107 billion. The share of Bitcoin in the on-chain value transferred in the region stood at 51%, while stablecoins accounted for 33%. These estimates come from a new Chainalysis study.We use cookies to improve the quality of our service.
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