After capturing $ 66.5 billion in May, decentralized exchange (dex) trade volumes have fallen for four consecutive months, with August statistics reaching a 2023 low of $ 41.7 billion. Metrics for the first half of September do not show improvement, with decentralized exchange trade volumes at about $ 16.96 billion as of …
Biggest Movers: TRX Rises to Strongest Point Since July, SOL Extends Gains
Tron was a big mover on Thursday, as recent reports suggest that the blockchain platform has been processing an average of 4.8 million daily transactions. The token has now surged higher for three consecutive sessions, and looks set to collide with a key resistance level. Solana was also in the green today. Tron (TRX) Tron […]
Ethereum Hard Fork Coin ETHW Down More Than 95% Since The Merge
Nearly a year after Chandler Guo — the instigator of the Ethereum blockchain’s last hard fork — predicted its rise, the native coin of the breakaway Ethereum proof-of-work blockchain has plummeted by more than 95%. Ethereumpow (ETHW) now trades at a price less than 1% of the U.S. dollar value of ether. The team behind […]
Biggest Movers: Ton 10% Higher on Saturday, Hitting Highest Level Since May
Toncoin was easily one of the biggest movers in crypto markets to start the weekend, as price rose by over 10%. Saturday’s surge comes despite the global market cap mostly trending lower, having fallen by 0.43% as of writing. XRP was one of the tokens to fall, dropping below a key price floor. Toncoin (TON) […]
Bitcoin, Ethereum Technical Analysis: BTC, ETH Seek Support Level, Following Worst Selloff Since FTX Crisis
Bitcoin started the weekend trading below $ 26,000, as the cryptocurrency had its worst week since the collapse of FTX. Market sentiment was bearish following reports that Spacex liquidated its bitcoin holdings. Ethereum remains below $ 1,700. Bitcoin Bears continued to circle bitcoin (BTC) to start the weekend, as the cryptocurrency had its …