USDT stablecoin market capitalization surpasses $17 billion
USDT in-circulation market capitalization has for the first time surpassed $17 billion, according to data on the issuer's site, Tether.News, articles, and analysis on key events, indicators, and signals in the cryptocurrency market.
USDT stablecoin market capitalization surpasses $17 billion
USDT in-circulation market capitalization has for the first time surpassed $17 billion, according to data on the issuer's site, Tether.
DEX trading volumes fall by a quarter in October
DEX turnover in October amounted to $19.35 billion, down 26% from the record September ($25.8 billion). Compared with August, the figure was up 66%.
Willy Woo sees Bitcoin regaining its status as a ‘safe haven’.
The renowned analyst Willy Woo says that the decline in Bitcoin's correlation with stock-market dynamics confirms his September forecast that Bitcoin would regain its status as a safe asset.
Peter Schiff: Bitcoin Is the Biggest Bubble in History
The uncompromising Bitcoin critic Peter Schiff argued that the speculative bubble around the first cryptocurrency surpasses the fervour in dot-com markets and the mortgage market.
CME Bitcoin futures activity rebounds to August levels
Against the backdrop of a revival in the spot market, open interest in Bitcoin futures on the Chicago Mercantile Exchange (CME) has recovered to levels seen at the end of August 2020. This is according to data from the CFTC.
Report: Trading Volumes Flow from Centralised Exchanges to DEX
Trading volumes on decentralized exchanges (DEX) are showing explosive growth, while volumes on centralized exchanges (CEX) are shrinking, according to CoinGecko in the Q3 report.
Opinion: Tether dominates cryptocurrency trading
In the first quarter of 2017, only 5% of trading volume was denominated in Tether, while BTC pairs accounted for half. Now USDT pairs form 70% of trading volume, another 4% — other stablecoins, and BTC’s share has fallen to 15%.
Ethereum futures trading volume hits a record $172.2 billion
The monthly trading volume of Ethereum futures in September hit a new record of $172.2 billion, according to The Block.
ForkLog Report: September DEX trading volume reaches $23.5 billion
Trading volume of decentralized exchanges (DEX) last month reached $23.5 billion. This is twice as high as in August. This is stated in ForkLog's September analytical report.
Report: Bitcoin transaction volume rose 25% in Q3
In the third quarter, Bitcoin transaction volume rose 25% from the previous period. The value transferred on the blockchain rose from $180 billion to $225 billion, according to The Block.
DeFi sector loses a quarter of its market capitalisation in a day
On October 7, the market capitalization of DeFi protocol tokens fell by 25.1%. Trading volumes for them collapsed by 30.2%, according to Santiment analysts.
Opinion: DEX trading volumes are a total sham
Record trading volumes on decentralized exchanges (DEXs) are a temporary phenomenon. Their creators should focus not only on incentives in the form of governance tokens but also on improving user interaction. This is the view of Sam Bankman-Fried, head of the FTX exchange and Alameda Research, according to DeCrypt.We use cookies to improve the quality of our service.
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