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Trade Volumes

Global Cryptocurrency Trade Volumes Saw a Significant Decline in December 2022

Global Cryptocurrency Trade Volumes Saw a Significant Decline in December 2022According to statistics, daily cryptocurrency trade volumes have dropped significantly during Dec. 2022. On Jan. 1, data shows that $22.95 billion was traded in the last 24 hours, compared to double that amount, $54.78 billion, two weeks earlier. On November 8, 2022, 54 days prior, amid the FTX collapse, global cryptocurrency trade volumes were approximately […]

Nigeria Mulls Over Banning P2P Crypto Transactions; Labels Crypto Trading as National Security Concern

Metrics Show Decentralized Exchange Volumes Continue to Slide This Year

Metrics Show Decentralized Exchange Volumes Continue to Slide This YearDecentralized exchange (dex) volumes have been dropping since December 2021 according to current statistics. However, last month dex trade volumes spiked 2.37% higher than the volumes recorded in February. Despite the brief spike and with only eight days left in April, metrics show this month’s dex volumes will likely be much lower than in March. […]

Nigeria Mulls Over Banning P2P Crypto Transactions; Labels Crypto Trading as National Security Concern

Bitcoin Adoption Picks up Steam in Peru After Presidential Ballot

Bitcoin Adoption Picks up Steam in Peru After Presidential BallotPeru, a country not commonly associated with bitcoin or cryptocurrencies, is experiencing a sizable surge in digital currency adoption following the first round of its presidential ballot process. The presidential candidate with the most vote support, Pedro Castillo, is known for his interventionist policies, so Peruvians might be preparing for what could be considered an […]

Nigeria Mulls Over Banning P2P Crypto Transactions; Labels Crypto Trading as National Security Concern

Stablecoin Demand in 2021 Skyrockets, Fiat-Pegged Token Economy Nears $100 Billion

Stablecoin Demand in 2021 Skyrockets, Fiat-Pegged Token Economy Nears 0 BillionWhile most cryptocurrency markets are down today in value, dollar-pegged stablecoins have seen significant demand during the last 24 hours. Currently, the entire market valuation of all the stablecoins in existence is roughly $96 billion. The Rise of Fiat-Pegged Stablecoins Crypto assets like bitcoin (BTC) and ethereum (ETH) can be volatile and this has caused […]

Nigeria Mulls Over Banning P2P Crypto Transactions; Labels Crypto Trading as National Security Concern