As the clock turned to 2024, bitcoin’s price danced between $ 42,094 and $ 42,781 per unit. On Jan. 1, amid the holiday’s quiet, bitcoin’s current technical indicators offer a mixed bag of signals, setting a contemplative stage for the year ahead. Bitcoin Jan. 1, 2024, saw bitcoin (BTC) with a modest 24-hour …
In the past week, trading activity on the decentralized exchange (dex) Thorchain has experienced a significant surge, reaching $ 1.854 billion in trade volume. Data shows that Thorchain is currently the third-largest dex in terms of volume, following the popular dex protocols Uniswap and Pancakeswap. 2% of Global Bitcoin Spot Trading Channeled Through Thorchain …
On Sunday morning Eastern Time (ET), bitcoin’s trading value hovers slightly over the $ 37,000 mark per unit, peaking at $ 37,294 for the day. There’s a slight dip in BTC trading volume over the weekend compared to the previous weekday, totaling $ 10.76 billion of the crypto economy’s $ 67.15 …
In the span of the past 85 days, the recently introduced stablecoin known as FDUSD has witnessed a significant surge in its circulating supply, soaring by 62% since the commencement of August. This surge in supply has propelled FDUSD into the echelons of the top ten stablecoins by market capitalization, while its market volume share […]
Despite accounting for just 2.3% of global transaction volume, the latest data shows that crypto has penetrated key markets in Sub-Saharan Africa and “become an important part of many residents’ day-to-day lives.” With a regional volume of 9.3%, Sub-Saharan Africa’s BTC share outranks all regions including North America (9.0%) and Eastern Europe (8.2%). Nigeria Epitomizes […]