Altcoin Project Built on Ethereum Jumps After Earning Support From Crypto Exchange Binance

A decentralized finance (DeFi) protocol built on Ethereum is getting a boost from the world’s largest crypto exchange by trading volume.

Ethereum-Powered Altcoin Project Erupts Over 70% After Sudden Support From Crypto Exchange Binance

An altcoin project created by several former top executives at Sony is rallying after earning support from Binance, the world’s largest crypto exchange by trading volume.

Trading Volume on OpenSea Doubles as Bored Ape Yacht Club Sales Spike 900%

OpenSea had its best day in several weeks yesterday, so did Bored Ape Yacht Club.

How India Sees Crypto: Large Exchange Shows 10x Growth In User Base

Indian crypto exchange WazirX reported a significant growth in its user base and trading volume over the year.

Low-Cap Altcoin Surges by More Than 121% This Week Amid Booming Trading Volume

A low-cap non-fungible token (NFT) platform has surged by more than 120% percent in the past seven days amid booming trading volume.

Crypto Exchange FTX US Sees Growth: Trading Volume Surged 512% In Q3

Crypto Exchange FTX US reported great growth during 2021 third quarter with an average daily trading volume of approximately $360 billion, a 512% jump from the second quarter.

First Mover Asia: Bitcoin in $65K Range as Trading Volume Slows

Some analysts see the coming Taproot upgrade spurring an additional bitcoin price increase following this week’s surge.

Former Binance execs say exchange is worth $300B: Report

Though the exchange’s holding company is registered in the Cayman Islands, Binance currently has no formal headquarters anywhere in the world. Even with no physical headquarters and seemingly few regulations affecting its business practices, Binance could reportedly be worth three times as much as Coinbase if it were to go public today.According to a Thursday report from the Wall Street Journal, former executives of the major cryptocurrency exchange estimated that Binance could be worth up to $300 billion as a publicly traded company, considering its current trading volume and transaction fees.

FTX US Trading Volumes Soared 512% During Q3

The crypto derivatives exchange hit a peak total trading volume of $807 million during a 24-hour period in early September.

Two Altcoins Explode As Top Crypto Exchange Binance Reveals New Altcoin Listings

Two altcoins are soaring after being added to Binance, the world’s largest crypto exchange by trading volume.

Crypto Trading Volume on Coinbase Down 29% in Q3

The declining prices in the cryptocurrency market in Q3 2021 have led to a substantial decline in Coinbase's revenue.

Coinbase Shares Tumble as Q3 Revenues Fall Well Short of Estimates

Shares of the largest cryptocurrency exchange in the US fell after the company missed revenue expectations and trading volume fell compared to the previous quarter.

‘In the next three to five years, the DeFi industry will grow massively,’ says 1inch Network co-founder Anton Bukov

The co-founder of the world’s eighth-largest DEX by trading volume joined Cointelegraph Markets Pro users for an exclusive AMA on Monday. It’s only been two years since its founding, but decentralized exchange (DEX) protocol 1inch Network has already surpassed $85.8 billion in cumulative trading volume.

DeFi Trading Volume on Large DEXs Has Jumped 550% in 2021 So Far: Chainalysis

While the number of active cryptocurrency exchanges has steadily decreased in the last year, large derivatives and decentralized exchanges are booming, according to a new Chainalysis report.

$10 Billion: OpenSea Celebrates Reaching a New Trading Volume Milestone

The trading volumes of the NFT marketplace OpenSea have multiplied ten times since the middle of August.

Coinbase’s Q3 Crypto Trading Volumes to Be Key for Investors, Analysts Say

The largest US cryptocurrency exchange has said investors should expect lower trading volume in the third quarter, given the decline in crypto prices during that period.

Ethereum’s Gas Fees Plummet while Prices Soar

There has been a sharp drop in Ethereum's trading volume over the last week.

Newly launched DEX, Katana by Axie Infinity, already among top DeFi apps

Axie — which is at the forefront of the “GameFi” trend — has already generated more than $2.5 billion in trading volume.

To the moon: Huobi wants to send someone to space for its 8th birthday

Huobi will celebrate another year around the sun by sending a lucky user to space. Huobi Group, a major global blockchain company behind the world’s third-largest cryptocurrency exchange by trading volume, is celebrating its eighth birthday in a somewhat unusual way.The company will hold a series of events as part of its eighth-anniversary celebrations, including giveaway promotions and a space travel ticket, Huobi told to Cointelegraph on Wednesday.Huobi will hold a contest that will offer one lucky winner an experience to literally travel into space.

Twitter flags Squid Game token accounts as price crashes

The Squid Game token was surging despite multiple scam warnings and topped above $2,800 before plummeting to less than $0.01. Following a mind-blowing price surge, the Squid Game (SQUID) token plummeted over 99% shortly after Twitter flagged its “official” accounts on the social media platform as suspicious.According to data on CoinMarketCap (CMC), the SQUID token experienced its first downward move on Monday, erasing its entire gains from as much as $2,861 and dropping below $1 in a matter of minutes.At the time of writing, SQUID is trading at $0.0054, down about 99% over the past 24 hours with a trading volume of $13 million.According to CMC, the SQUID token has a “self-reported” market capitalization of $2.8 million at the time of publication.

Binance To Permit Businesses Feature on its App via its Marketplace

The world’s largest digital currency exchange by trading volume, Binance has announced that companies can now apply to be featured on its marketplace in order to reach millions of users (Read More)

Okcoin reports altcoins drove institutional interest in crypto for 2021

The recent purchasing behavior of institutional investors contrasts with that in 2020 and earlier, when “institutions exclusively favored altcoins that were at least four years old, such as Ether and Litecoin.” Cryptocurrency exchange Okcoin has reported the number of and trading volume of institutions surged significantly in the last year, driven largely by stablecoins and tokens in decentralized finance.In a report released on Oct.

SuperRare Posts Best Month as Single-Edition Ethereum NFT Prices Soar

Starry Night Capital and Snoop Dogg are among the biggest buyers in recent weeks as SuperRare sets a trading volume record.

First Bitcoin Futures ETF ‘BITO’ Tops $1B Trading Volume on First Day

The ProShares Bitcoin Strategy exchange-traded fund’s first day of trading ranks among the biggest in the investing industry’s history.

Massive Trading Volume for ProShares Bitcoin Futures ETF as NYAG Targets Crypto Lenders

Could the ProShares bitcoin futures ETF be headed for a record premier?

Bitcoin Futures ETF is Live, Generates $500M Volume in Its First Hour of Trading

Bitcoin's futures-backed BITO ETF is live and the trading volume already reaches around $500M in about an hour.

Bullish Bitcoin Market Easily Digests Spike in Trading Volume

Trading volume in the bitcoin-tether trading pair on the OKEx crypto exchange reached more than 10,000 BTC in a span of two hours – at least $620 million worth based on the current price.

Q3 saw significant crypto market recovery from May crash, says new report

Despite anti-crypto regulatory policies, the cryptocurrency market made steady gains throughout Q3 2021. Cryptocurrency data aggregator CoinGecko has released its Q3 2021 report showing massive gains across several crypto market sectors.Following the May market crash, Q3 began on a low ebb for the crypto space, with market capitalization even dipping further in late July below the $1.2 trillion, less than half of the $2.5 trillion all-time high recorded only two months prior.However, market capitalization did recover in Q3, even rising as high as $2.3 trillion in early September.According to the CoinGecko report, Bitcoin (BTC), gaming “coins,” and nonfungible tokens (NFTs) dominated the crypto market space in Q3.Bitcoin recorded a 25% increase between Q2 and Q3 and has continued on this upward trajectory, even reaching $60,000 for the first time in five months.The network’s hash rate also experienced a resurgence in Q3, indicating a recovery from China’s sweeping crackdown that forced miners to relocate overseas.Gaming tokens like Axie Infinity (AXS), Illuvium (ILV), and Gala (GALA), as well as the NFT space in general, did record massive gains in Q3 as well.AXS, in particular returned almost 1,000% quarter-on-quarter gains, with its 2021 performance topping 13,700%.In terms of NFT trading volume, OpenSea continued its dominance of the market segment.

Shiba Inu (SHIB) Futures Trading Volume Up 78x in Seven Days

Futures traders are piling into Shiba Inu (SHIB) as its price spins out of control amidst the current bull market.

NFT Trading Volume Hit $10.67 Billion in Q3, Up 700% From Previous Quarter

Analytics platform Dappradar recorded a year-over-year increase in NFT trading volume of over 38,000%, with August breaking records.

Ethereum NFT Market OpenSea Hits Best Day in a Month as CrypToadz Sales Surge

After a quieter September, NFT trading volume is rising again—and the hottest new project is pixel toad profile pictures.

DYDX Soars as Protocol Sees Trading Volume Double That of Coinbase

t price of USD 20.82, the newly issued token has already risen more than 80% since coming into circulation on September 8 this year.Price of DYDX.

dYdX Trading Volume Surpasses Coinbase’s: DYDX Paints New ATH

DYDX has surged to a new all-time high above $22 as the trading volume on the DEX has surpassed that of Coinbase in the past 24 hours.

LCX price rallies 300%+ after the launching DeFi Terminal 2.0

Increasing trading volume at Uniswap, a rising TVL and upgrades to its DeFi platform were followed by a new all-time high from LCX. The emergence of decentralized finance (DeFi) has reshaped the landscape of the cryptocurrency ecosystem, which was once dominated by centralized exchanges like Coinbase and Binance and helped to make it more accessible for users and projects seeking to gain access to the markets. As DeFi emerged as a cheaper, more accessible option for investors and projects, centralized exchanges saw their reserves of BTC and Ether dip and they began to compete for users as growing numbers of investors opted to give DeFi a try.

Binance to cease crypto futures and options in Australia

Binance users in Australia have 90 days to close their positions for futures, options and leveraged tokens. Binance, the world’s largest cryptocurrency exchange by trading volume, continues limiting its services amid the ongoing global regulatory scrutiny, announcing new trading restrictions in Australia.Existing Binance users in Australia will have 90 days to reduce and close their positions for products like cryptocurrency futures, options and leveraged tokens, the exchange announced Sept.

Bitcoin Maintains $48k Amid Another Minimal Trading Volume Weekend (Market Watch)

Another weekend comes with little-to-no trading volume, the bitcoin price has managed to remain above $48,000 as of now.

CryptoPunks floor price slips below 80 ETH as NFT trading volume deflates by 50%

The drop came in sync with the overall crypto market decline in recent sessions. The minimum cost to buy a CryptoPunks nonfungible token (NFT) from secondary marketplaces dropped below 80 Ether (ETH) on Sept.

Ethereum, Solana NFT Market Cools Off Following Late Summer Surge

Overall trading volume has dropped considerably amid a down crypto market, but top-dollar NFTs and new projects are still selling.

CoinFLEX Announces Its Major Milestones of 2021

PRESS RELEASE. Since early August, CoinFLEX has seen a tremendous increase in trading activity, climbing to a staggering high of $3 billion USD daily trading volume with Open Interest over $200 million dollars.

Traders know not to ‘go long’ when this classic trading pattern shows up

Investors watch trading volume and other momentum indicators alongside descending channel patterns to better gauge when to open and close trades.

CryptoPunks Zombie Sells for $3.9M

CryptoPunks's trading volume is certainly falling, but Punks still command high prices.

What is Loot? The Surging Ethereum NFT Role-Playing Phenonemon

Tokenized lists of fantasy gear have rapidly given way to a community of creators and $150M+ in trading volume.

3 reasons why Polkadot could be the next altcoin to hit a new all-time high

Rising trading volume, investor excitement over the upcoming parachain auctions and the success of KSM, have investors looking at DOT as the next altcoin to hit a new high.

30-somethings led crypto purchases at South Korean exchanges in 2021

The increased trading volume comes following the country's Financial Services Commission requiring crypto trading platforms to register as digital asset service providers before Sept.

Epic NFT Heroes Formula: NFT Collectibles, Gaming Metaverse, a Play-to-Earn Model and Yield Farming

With the trading volume and number of NFT projects always on the increase, it’s getting harder and harder to compete for users and bring innovative products to the market.

Art Buyer Turned $1,400 Into $3.3 Million in Ethereum With This JPEG

Art Blocks, a collection of artwork generated on Ethereum, sets a new top sale mark amidst a monster $294M month of trading volume.

CryptoPunks NFTs Set Daily Sales Record of $69M in Ethereum After Visa Buys In

Daily trading volume already tops $69 million and the floor price is above $227,000 following Visa’s morning announcement.

Institutional Players May Dominate Bitcoin Trading Within 3 Years - Report

Institutional players could dominate bitcoin (BTC) trading in the near future, as surveyed institutions expect asset managers, funds, and banks to be the most significant contributors to trading volume in the next three years, according to a report released by digital asset research firm Arcane Research. “With the domino effect at play, the trend of

Back To The Futures: Ethereum CME Open Interest, Trading Volume Balloons

Ethereum has been slowing down on its bullish momentum.

NFT Trading Surges 8X Boom from the Popularity of Bored Ape Yacht Club,Pudgy Penguins and CryptoPunk

NFT sales recorded an eight times surge in market trading volume over the last two weeks, compared to the result in March, thanks to the craze of Bored Ape Yacht Club and Pudgy Penguins and the classic NFT CryptoPunk.

Creating a highly functional Layer 2 NFT World with ZKBox

The NFT market has grown rapidly with a trading volume of around $2.6 billion within the first half of 2021, according to DappRadar. However, very little is done for facilitating the mass adoption The post Creating a highly functional Layer 2 NFT World with ZKBox appeared first on AMBCrypto.

OpenSea Sees $1 Billion in Trading Volume in August

NFT marketplace giant continues with registering impressive milestones as its monthly trading volume exceeded $1 billion.

Pepe the Frog Meme NFTs Removed From OpenSea After Copyright Dispute

Sad Frogs District generated $4M in trading volume, but now it’s delisted from the leading NFT marketplace following a DMCA takedown request from Pepe's creator.

OpenSea trading volume explodes 76,240% YTD amid NFT boom

The nonfungible token marketplace processed 1.18 million transactions worth $1.06 billion in the last 30 days alone. Trading volumes on peer-to-peer nonfungible token (NFT) marketplace OpenSea have surged by over 12,000% in 2021.DappRadar data shows that the total incoming value to OpenSea’s smart contracts increased to $56.07 million on Wednesday compared to $73,556 on Jan.

Ethereum Accounts for Nearly Half of the Trading Volume on Top Exchanges

Ethereum accounts for almost half of the trading volume on top exchanges compared to a quarter a year ago.

NFT Craze Erupts, With CryptoPunks Trading Volume Surging 1,270% in Just One Week

The non-fungible token (NFT) project CryptoPunks is seeing a massive surge in trading volume over the last seven days.

NFT Market Comes Roaring Back as Ethereum Rises

After a couple of quiet months for NFTs, the market has caught fire again with rising price floors and surging trading volume.

How cross-chain liquidity aggregation can shape the future of DeFi

What will ease the burden of DeFi users and remove some of the barriers to entry for newer market participants? This project sees the future of DeFi as multichain co-existence. As decentralized exchanges now represent a significant amount of crypto trading volume, it is vivid that these platforms will play a big role in the smart economy of the future.Automated market makers, in particular, changed the game by eliminating the need for order books entirely and replacing them with liquidity pools.

Trading Volume on NFT Marketplace OpenSea Hits Record High of $95M in 48 Hours

OpenSea saw a trading volume of $95 million in two days.

XRP Volume Soars Nearly 100% in Q2 2021 Amid Crypto Volatility: Ripple Report

Digital payments firm Ripple Labs is reporting that XRP’s trading volume soared in the second financial quarter of 2021 as the crypto market met some turbulence.

Ethereum Trading Volume Growth Outpacing Bitcoin in 2021: Report

Interest in the network and its cryptocurrency has surged—especially from institutions, according to a recent Coinbase report.

Ethereum, Dogecoin and Ethereum Classic Price Analysis: July 28

Ethereum flashed increased signs of volatility with adequate buying pressure, Dogecoin displayed a shorting opportunity along with decreased trading volume.

Coinbase Report: ETH Trading Volume Increased More Than Bitcoin’s in First Half of 2021

During the first half of 2021, Ether's trading volume grew three times faster than Bitcoin's.

ETH's trading volume grew much faster than BTC’s in first half of 2021

Trading volumes for ETH increased by 1,461% over the first half of 2020.

Bitcoin Short Squeeze Revives Trading Volume And Volatility

After what seems like a thousand years of stability and a slight downtrend, bitcoin is back.

Bitcoin Price Analysis: Following $30K Breakdown, This is the Next Possible Target For BTC

After weeks of consolidation, which were followed by a declining interest and trading volume, BTC finally broke out of the $30-42K trading range.

Robinhood Says Low Crypto Trading Activity Could Cause Revenue Decline in Q3 2021

Robinhood's IPO valuation might be questioned as a result of the drop in the cryptocurrency trading volume on the platform.

Robinhood warns a crypto revenue drop is coming amid IPO filing

According to the trading app, it expects its Q3 2021 revenue to be lower as a result of increased crypto trading in the first quarter, driven in part by Dogecoin. Stock and cryptocurrency trading app Robinhood is expecting its quarterly revenue to decrease based on significantly high trading volume earlier this year.In an amendment to its Form S-1 filed with the United States Securities and Exchange Commission on Monday, Robinhood reported that its trading activity for January and February was "particularly high" but had dropped by the end of the second quarter of 2021.

NEM, Augur and District0x price push higher while Bitcoin trades below $32K

Massive spikes in trading volume sent the price of XEM, REP and DNT higher even as Bitcoin price hit a weekly low at $31,000.

Bulls largely absent as Bitcoin price slips to the bottom of its range near $32K

Traders appear to be sitting on their hands even as Bitcoin price drops closer to a critical support level at $32,000. Within the past few hours, a fresh wave of selling pushed Bitcoin (BTC) price close to the $32,000 support level as the low trading volume and general disinterest from traders saw the price revisit the lower section of its current range.BTC/USDT 4-hour chart.

Bitcoin Trading Volume Plunges To Lowest Level Since 2020

The Bitcoin Trading Volume has plunged down to the lowest level since 2020, as per an Arcane Research report.

FTX crypto exchange integrates institutional trading tool ClearLoop

FTX has inked a deal with Copper that could enable access to crypto trading products for over 300 institutional asset managers via the ClearLoop settlement platform. FTX has become the latest crypto exchange service to join ClearLoop — an instant trading settlement infrastructure from Brevan Howard-backed Copper.co.As part of the integration, Copper’s over 300 institutional asset managers will be able to access FTX crypto offerings such as cryptocurrency futures, options, volatility markets, as well as tokenized stocks among others.At over one million registered users and more than $600 billion in trading volume per month, FTX is the largest crypto exchange to join the ClearLoop platform, according to the Copper announcement on Tuesday.With Deribit and Bitfinex also part of ClearLoop, Copper’s institutional clients can now move funds among the largest crypto options, spot and derivatives exchanges in the market.According to Copper, ClearLoop offers secure crypto trading via an offline custody solution with asset managers able to trade fund balances on exchange platforms.

Bitcoin Stalls at $33K in Anticipation of Critical GBTC Week (Market Watch)

Bitcoin is stagnant around $33K-$34K as trading volume remains low.

Bitcoin Touched $34K as Minimal Volume Continues: EOS Spikes 14% (Weekend Watch)

Despite the low trading volume, bitcoin initiated a leg up that resulted in recovering a few thousand dollars and even touching $34,000.

Bitcoin Daily Trading Volume Nosedives To Lowest Of 2021

An Arcane Research report has revealed that Bitcoin daily trading volume has dipped to the lowest point of 2021.

Bybit crypto exchange to impose KYC rules

The world’s fifth-largest cryptocurrency derivatives exchange is implementing KYC rules to improve security compliance. Bybit, the world’s fifth-largest cryptocurrency derivatives exchange by trading volume, is planning to impose Know Your Customer rules.The Singapore-based company posted several statements on introducing major KYC policies on its platform in order to “improve security compliance for all traders.” A spokesperson for Bybit customer support told Cointelegraph that the new KYC rules are likely to be implemented by mid-July:“This might be launched in the middle of the month.

Bitcoin Retraces to $34K as Trading Volume Reaches Multi-Month Low (Market Watch)

The price of bitcoin decreased by roughly $2,000 in a day after the weekend surge, as the trading volume declined to a multi-month low.

Picking the right altcoin: Do ETC, Litecoin and Bitcoin Cash make the cut?

Every cryptocurrency asset in the top 10 had an average trading volume above $1 billion/daily except Polkadot at press time.

EOS, Ethereum Classic, MATIC Price Analysis: 03 July

EOS did not recover significantly over the last ten days, noting a decline of 18.77% in its trading volume over the last 24 hours instead.

Altcoin Roundup: Smart investors don’t just buy dips, they dollar-cost average

The crypto market may be down from its all-time highs, but dollar-cost averaging is still the best way to build long-term profits. Choppy markets have defined the crypto space since Bitcoin (BTC) sold off on April 19, and indecisive markets like these can test the patience and fortitude of even the most dedicated traders and analysts, especially when the incessant calls for a bottom are met with lower lows.While the periods of low trading volume and whipsaw price movements may be the perfect conditions for whale-sized traders to play in, the average investor doesn’t stand a chance, especially with multimillion-dollar funds now beginning to get in on the action.Data shows that instead of day trading and attempting to time the market bottom, dollar-cost averaging (DCA) is the best method for retail investors looking to build long-term profits in both traditional and crypto markets.In 2020, Coin Metrics pointed out that investors who dollar-cost averaged into BTC starting from the December 2017 peak were still in profit three years later.

Dogecoin Accounted for 34% of Robinhood’s Crypto Trading Revenue

The popular meme token, Dogecoin, has surpassed Bitcoin, Ethereum, and Litecoin in terms of trading volume on Robinhood.

Cayman Islands' Monetary Authority announces investigation into Binance's 'activities'

Binance, the world's largest cryptocurrency exchange in terms of trading volume, is facing the music yet again on the heels of the UK-FCA fiasco a couple of days ago.

Double-digit crypto gains and trading volume — what's the connection?

Unusually high trading volume can be an indication that a crypto asset's price is on the rise. While the crypto markets are clearly led by the swings of Bitcoin and Ethereum, outliers are frequent — and identifying them is often what separates the average traders from the great ones.Compared to the gains-fest of the first few months of 2021, June has been a rather bleak time for crypto investors.

Should You Mint an NFT? A Look at This Hot Crypto Sector

Although the trading volume of non-fungible tokens (NFTs) has fallen since its peak earlier this year, this new breed of digital assets is already making a significant impact.

Bitcoin Cash, Solana, MATIC Price Analysis: 24 June

The last 24 hours have seen the cryptocurrency market at its most volatile, with the cumulative trading volume falling despite the sector's alts trading in the green, at press time. Bitcoin Cash waThe post Bitcoin Cash, Solana, MATIC Price Analysis: 24 June appeared first on AMBCrypto.

Perlin (PERL) price gains 100% as the focus on green energy solutions intensifies

PERL price defied the marketwide downturn with a 100% rally following the release of an environmentally friendly focused platform that provides users with carbon credits. Generating momentum and attracting investor attention can be a challenge during the best of times in the cryptocurrency market and it is an even bigger challenge when the markets are choppy like the entire crypto ecosystem has been the past couple of months. Despite the recent downturn, Perlin (PERL), which has managed to rally 140% from a low of $0.052 on June 8 to a high of $0.134 on June 18 as its average 24-hour trading volume surged from $3 million to $122 million.

Worrying Sign for Bitcoin in the Short-Term: Exchanges Netflows

High exchange netflows and low trading volume might be a cause for worry, according to an analyst.

Why you should look closely at Bitcoin, Ethereum, other alts' trading volumes

Trading volume has been an important metric to gauge the amount of market activity in 2021.

Digital Copper, Volume Explosions, Paradigm Shifts and 20 Crypto Jokes

This past cryptoweek, while five coins led the market over the week prior, bitcoin was stuck in a "digital copper" phase as gold was rallying, and DEX and CEX trading volume exploded in May surpassing USD 2trn.

DEX & CEX Trading Volume Exploded in May Surpassing USD 2 Trillion

May 2021 has been by far the best month for crypto exchanges, both centralized (CEX) and decentralized (DEX) ones, as the total trading volume reached at least USD 2.48trn - a new record. The number is possibly even greater, but it excludes all the volume from those crypto-to-crypto exchanges that might have been inflating their trading volume numbers. The

Japanese watchdog issues warning to crypto derivatives exchange Bybit

The warning comes in response to Bybit’s marketing campaign that reportedly targeted Japanese investors. Singapore-based Bybit, the world’s fifth-largest cryptocurrency derivatives exchange by trading volume, has allegedly been running unregistered crypto services in Japan, according to an official warning.The Japan Financial Services Agency issued a formal warning letter to Bybit stating that the firm is not registered to operate crypto services in the country.The warning comes in response to Bybit’s marketing campaign that reportedly targeted Japanese investors, according to Norbert Gehrke, founder and representative director of tech hub Tokyo FinTech.“Such public reprimand for running an unregistered business has not occurred for a while, so one is to assume that the FSA has witnessed aggressive marketing by Bybit to Japanese investors that goes beyond the common transgressions of presenting their website in Japanese and not blocking Japanese IP addresses,” Gehrke wrote in a blog post.Gehrke claimed that Bybit’s Japanese website makes no mention that local investors are not allowed to access the platform and does not block local IPs from accessing it.

Pumped up by volume? 5 crypto assets that traders loved this month (and their prices)

Trading volume in crypto markets can be a key indicator of price volatility — but is there a direct correlation that traders can use to help inform their investment decisions? Trading volume — the amount of an asset that changed hands over a given period — is one of the key metrics that investors use to track price trends and assess the market outlook for a specific coin in terms of liquidity and trader activity.The ranking below zooms in on the fortunes of five coins that have had the greatest increase in average daily trade volume this month compared to the month before.

Analyst says DeFi and stablecoins held up well as crypto markets imploded

DeFi showed tremendous strength during last week’s sell-off as DEX activity and stablecoin stability prove the sector may be ready for mass adoption. The decentralized finance (DeFi) sector faced its first real challenge during last week’s market sell-off that saw more than $1 trillion wiped from the global cryptocurrency market cap as traders feverishly ran for the safety of stablecoins amid tumbling prices. Despite rapidly declining token prices, the nascent DeFi sector held its own as decentralized exchanges experienced a record $11.7 billion in trading volume on May 19.

Top Altcoins Traded by Crypto Funds In 2020

While some 56% of surveyed crypto hedge funds declare that bitcoin (BTC) was responsible for at least half of their daily crypto trading volume in 2020, with 15% of the funds trading solely in bitcoin, they were also looking into other cryptoassets.

Crypto Trading Volumes Swell As Numbers for Dogecoin Reportedly Outpace Bitcoin

The recent frenzy surrounding the DOGE memecoin has pushed its trading volume to surpass that of Bitcoin and even some Forex currencies.

South Korean Banking Association Concerned Over Surge of the Altcoin Trading Frenzy

A banking association in South Korea recently added weight to regulatory discussions across the country, raising concerns about the high altcoin trading volume.

Ethereum Classic Inches Towards Top 10, Trading Volume Up Almost 2,900%

Ethereum classic (ETC) is seemingly making a classic dogecoin (DOGE) move, getting closer to the list of the top 10 coins and baffling the Cryptoverse at large. ETC, currently the 13th coin by market capitalization, is continuing its rally.

Cometh passes $6M in Daily Trading volumes on ComethSwap

Cometh, a DeFi-powered game with yield-generating NFTs has crossed the $6,000,000 mark in daily trading volume on ComethSwap.

New ATH: Binance Futures Processed Over $2 Trillion Trading Volume in April

The enhanced volatility in April led to record-setting monthly trading volume on Binance's futures platform of over $2 trillion.

VORTECS Report: Altseason indicator flips to Bitcoin even as Rally and Polygon surge

Timely NewsQuakes deliver market-moving events directly to Markets Pro subscribers, while a record-breaking VORTECS Score coincides with Polygon's remarkable price action. Crypto investors are scratching their heads this week, as a key indicator suggests that Bitcoin is about to take center-stage once more — even as Cointelegraph Markets Pro subscribers had the opportunity to take major profits on altcoins such as Rally (RLY), Polygon (MATIC) and Ampleforth (AMPL). Since Markets Pro was launched in January, the Altseason Analysis indicator has leaned heavily toward altcoins — and indeed, the performance of an evenly-weighted basket of the Top 100 altcoins has strongly outperformed holding Bitcoin since Markets Pro began tracking these metrics on January 3. Holding Bitcoin: 74% return Holding Top 100 altcoins: 432% return Best-performing time-based VORTECS™ strategy: 1,843% return Best-performing score-based VORTECS™ strategy: 1,367% return The Altseason Analysis, developed for Markets Pro by data analytics firm The TIE, works similarly to the VORTECS™ Score, but adds two additional variables including press release data from tokens and exchange listing data. It compares current market conditions to those in the past, to assess whether the market currently looks more bullish for altcoins or bitcoin for the next 14 days. The VORTECS™ Score includes sentiment analysis, tweet and trading volume, and price action as components of the algorithm — which are then weighted according to a proprietary formula based on how similar these are to historical conditions.