Kraken Daily Market Report for November 12 2022

November 13, 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 13, 2022 Kraken

Source: Kraken

Overview Daily spot trading volume: $486.6 million, 30 day average spot: $669.3 million. Total futures notional: $46.6 million. The top five traded coins were, respectively, Tether (↑0.04%), USD Coin (↓0.01%), Bitcoin (↓1.4%), Ethereum (↓2.5%), and Dogecoin (↑3.5%). Strong returns from Mango (↑33%), Marinade…

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Author: krakenfx