Kraken Daily Market Report for November 10 2022

November 11, 2022 Kraken

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Defi’s TVL Declines by Billion in April Despite Growth in Bitcoin and Newer Blockchains

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Defi’s TVL Declines by $10 Billion in April Despite Growth in Bitcoin and Newer Blockchains

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Microstrategy Plans to Launch a Decentralized Identity Solution on Bitcoin

November 11, 2022 Kraken

Source: Kraken

Overview Daily spot trading volume: $2.0 billion, 30 day average spot: $658.1 million. Total futures notional: $243.6 million. The top five traded coins were, respectively, Tether (↓0.09%), Bitcoin (↑11%), Ethereum (↑18%), USD Coin (↑0.0%), and Solana (↑26%). Strong returns from Samoyed Coin (↑74%),…

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Author: krakenfx