Category: Volume
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Large Transaction Volume Crashes 36% In 24 Hours As Dogecoin Price Fails At $0.2, Are Whales Selling?
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This article is also available in Spanish. Dogecoin’s recent price rise He seems to be losing his strength the next Impressive breakthrough Which pushed its price above $0.21 for the first time since April, hitting a notable seven-month high. This has been an intense week of bullish action Followed by…
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Solana’s Network Usage Skyrockets: On-Chain Transfer Volume Reaches New Height
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Solana It continues to demonstrate its strong position in the broader blockchain sector following a recent significant increase in on-chain activity, with transaction volume and user engagement rising significantly across its network. Overall, SOL market performance may benefit from this significant growth, which may indicate the continued scalability and health…
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Bitcoin Net Taker Volume Signals Bullish Sentiment – Analyst
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Bitcoin is set to close out a volatile week, marked by an attempt to break its all-time high (ATH) that eventually ended with a rebound to lower demand levels. Despite this decline, market sentiment remains largely positive. Key data from CryptoQuant reveals that net taker volume (SMA-24H) across all exchanges…
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Bitcoin Net Taker Volume Signals Bullish Sentiment – Analyst
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Bitcoin is set to close out a volatile week, marked by an attempt to break its all-time high (ATH) that eventually ended with a rebound to lower demand levels. Despite this decline, market sentiment remains largely positive. Key data from CryptoQuant reveals that net taker volume (SMA-24H) across all exchanges…
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Bitcoin Consolidates Near ATH – Volume Suggests A Big Move Ahead
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This article is also available in Spanish. Bitcoin has been trading in a narrow 4-hour range between $71,300 and $73,300 since Tuesday, setting the stage for a big move in the coming days. Analysts and investors are watching this range closely as BTC approaches its all-time high (ATH). Senior Analyst…
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Bitcoin Consolidates Near ATH – Volume Suggests A Big Move Ahead
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This article is also available in Spanish. Bitcoin has been trading in a narrow 4-hour range between $71,300 and $73,300 since Tuesday, setting the stage for a big move in the coming days. Analysts and investors are watching this range closely as BTC approaches its all-time high (ATH). Senior Analyst…
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Litecoin Records Highest Volume Since May 2023, Bullish?
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On-chain data shows that Litecoin recently recorded its highest weekly volume since May 2023. Here’s what this could mean for the asset’s price. Litecoin transaction volume has been on the rise recently In new mail On “Transaction volume” here refers to an on-chain metric that tracks the total amount of…
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Bitcoin Bears Lose Control As BTC Net-Taker Volume Shifts Positive
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This article is also available in Spanish. Bitcoin has seen an impressive rally since early September, rising 31% from local lows of around $53,000. However, after testing the $69,500 supply level, the cryptocurrency is facing selling pressure. Despite this, Bitcoin remains strong, holding above the previous high of around $66,000,…
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High political volume bad for economy: let’s tone it down
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In recent times, Kenyans have been glued to newspapers, social media, television and radio. Everyone is frantically trying to catch up with the latest development in the Vice President’s impeachment case. After Parliament’s approval, the matter went to court. This swing has distracted attention and raised political temperatures. It is…
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High political volume bad for economy: let’s tone it down
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In recent times, Kenyans have been glued to newspapers, social media, television and radio. Everyone is frantically trying to catch up with the latest development in the Vice President’s impeachment case. After Parliament’s approval, the matter went to court. This swing has distracted attention and raised political temperatures. It is…
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Solana Posts More Volume Than Ethereum, Layer-2s: $200 Incoming?
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Solana stands out as one of the most active networks, looking at engagement levels over the past few months. Despite concerns about FTX and whether asset allocation will lead to a dump, bulls are optimistic about what lies ahead. Stockholders expect SOL prices to rise in the coming days for…
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Solana Posts More Volume Than Ethereum, Layer-2s: $200 Incoming?
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Solana stands out as one of the most active networks, looking at engagement levels over the past few months. Despite concerns about FTX and whether asset allocation will lead to a dump, bulls are optimistic about what lies ahead. Stockholders expect SOL prices to rise in the coming days for…
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Bitcoin Google Search Volume Falls To New 2024 Low — What’s Happening?
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After a strong start to 2024, Bitcoin’s price performance has been mostly disappointing throughout the year, failing to capitalize on the strong momentum of exchange-traded funds (ETFs). Despite its choppy nature, Bitcoin price action has been one of the most talked about topics in the cryptocurrency space this year. However,…
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Solana price nears death cross as weekly DEX volume rises 46%
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Solana continued its downward trend, falling for four straight days as a sea of red swept through the cryptocurrency industry. Solana (SOL), the fifth-largest cryptocurrency, fell to $135 on Thursday, October 3, its lowest level in more than three weeks. It also moved into a local correction, falling 16% from…
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Solana price nears death cross as weekly DEX volume rises 46%
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Solana continued its downward trend, falling for four straight days as a sea of red swept through the cryptocurrency industry. Solana (SOL), the fifth-largest cryptocurrency, fell to $135 on Thursday, October 3, its lowest level in more than three weeks. It also moved into a local correction, falling 16% from…
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Tron Processes Nearly $100 Billion In Trading Volume Last Week, TRX Ready For New All-Time High?
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TRX, the native currency of the TRON network, is stable at press time and trending at all-time highs. After the blowout in Q3 204, the uptrend remains in place, and buyers are confident that there will be more gains in the coming days. Tron settles approximately $100 billion USD in…
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DEX volume falls in August
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The volume of cryptocurrencies traded on decentralized exchanges declined in August. according to Davey’s CallDEXs handled over $181 billion worth of cryptocurrencies in August, down from $198 billion in July. Monthly activity on DEX platforms peaked in March when they handled over $260 billion as most cryptocurrencies surged. Ethereum (ETH)…
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Polygon price retreats as NFT sales, DEX volume rises
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Polygon has fallen for the first time in 10 days, even after seeing encouraging metrics on its non-fungible token and decentralized finance ecosystem. DEX Volume and NFT Sales Rise Polygon (MATIC) fell to a low of $0.53, after hitting a high of $0.582 last week. It remains 60% above its…
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BNB Smart Chain DEX volume rises, briefly flips Solana
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Binance’s BNB Smart Chain has seen a huge spike in decentralized exchange activity in the past few days, temporarily causing Solana to volatility. Data by Davey’s Call The data shows that its weekly trading volume rose by about 40% to $5.4 billion, making it the third-largest player in the industry.…