Search Results for: trade volume

Shiba Inu Soars Knocking Dogecoin Down a Notch — 20 Holders Own 75% of the SHIB Supply

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The meme-based digital asset shiba inu has entered the top ten largest crypto assets by market capitalization, knocking dogecoin down a notch. In the last 30 days, the shiba inu token climbed 976% capturing a market cap of over $40 billion….

Proshares Bitcoin Strategy ETF Debut Captures Close to $1 Billion in Volume

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The first bitcoin exchange-traded fund (ETF) launched in the United States and smashed records on Tuesday, capturing close to $1 billion in total volume. Eric Balchunas, the senior ETF analyst for Bloomberg said that the Proshares Bitcoin Strategy ETF (BITO) definitely…

Major Turkish Crypto Exchange Coinzo Shuts Down

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Coinzo, one of Turkey’s largest cryptocurrency exchanges, is terminating its digital asset trading services. The platform said its website will remain online in the next six months to allow users to withdraw their holdings in cryptocurrency and Turkish fiat money. Another…

Survey Shows 64% of Britons Believe Crypto Is ‘Not a Safe Investment,’ Respondents Think Ethereum Is a Drug, Cardano Is Cheese

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While there’s a lot of hype surrounding digital currencies like bitcoin, a great number of people are still confused by the crypto economy and the myriad crypto assets that exist. One study shows that some people think Ethereum is a drug,…

Cryptocurrency Derivatives Exchange Bitget to Sponsor Juventus as Its First-Ever Sleeve Partner

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Singapore-based cryptocurrency derivatives exchange Bitget announced a partnership with Juventus to become its sponsor. According to the agreement, Bitget will act as Juventus official partner and official cryptocurrency exchange partner, and also its first-ever sleeve partner. Established in 1897, Juventus is…

Bank of Russia to ‘Slow Down’ Payments to Crypto Exchanges, Curb Russians’ Impulsive Investments

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Central Bank of Russia is now working with commercial banks in order to delay payments made to digital asset exchanges. The move aims to limit “emotional” cryptocurrency purchases made by “unqualified” Russian investors, a CBR official revealed. The move is likely…

Binance Prepares Changes to Work With Regulators Worldwide

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Binance, the leading cryptocurrency exchange, has announced it is preparing changes to be able to work with regulators more closely. Its CEO, Changpeng Zhao, stated the company is ready to apply the needed revisions to transform the exchange into a regulated…

Opensea NFT Marketplace Claims Employee Profited From Insider Information

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On September 15, the top non-fungible token (NFT) marketplace, Opensea, revealed that an Opensea executive profited from insider trading. “Yesterday we learned that one of our employees purchased items that they knew were set to display on our front page before…

NFT Market Sales Drop by More Than 50% — Popular NFT Collection Trade Volumes Nosedive

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After non-fungible token (NFT) sales soared during the month of August, the first week of September’s NFT sales has been awful. Statistics show the number of sales in mid-August tapped a high of 193,693 sales but plummeted 86% to 27,053 sales…