Cryptocurrency Prices by Market Cap, November 11, 2021
The total cryptocurrency market volume increased by 20.79 percent in the previous 24 hours to $167.83 billion USD Cryptocurrencies Market Value The overall crypto market volume over the last 24 hours has increased by 20.79 percent to $167.83 billion dollars. The entire volume in DeFi is currently $26.53 billion, accounting for 15.80 percent of the […]
Coinbase Net Revenue Drops By 39% in Q3 2021
Coinbase, the biggest US crypto exchange reported a fall in both retail and institutional trading volumes of $1.2 billion in net revenue in Q3 due to lower market volatility Metrics Of Importance Bitcoin (BTC) and Ethereum (ETH) accounted for 41% of Coinbase’s overall trading volume in the third quarter, down from 50% in the second […]
Ethereum breaks through the $4,650 resistance level and achieves new highs
Ethereum manages to settle above the resistance level around $4,650 and advance to new highs. Ethereum Maintains Its Strength As Bitcoin Approaches All-Time Highs While Bitcoin reached the $66,000 barrier, Ethereum just managed to settle above the resistance around $4,650 and advance to new highs. In recent days, the world’s most popular cryptocurrency has gained […]
Bitcoin retests support, with a trader predicting a price drop to $55K BTC
As sideways movement dragged the Bitcoin market closer to the $65,000 level on Nov. 4, bulls were denied their major break. At 8 a.m. UTC, data from TradingView showed that the bitcoin /dollar exchange rate had fallen below $62,000. After achieving local highs of $64,000 in the previous 24 hours, the pair experienced a rough […]
Inflation, not ETFs, drove Bitcoin to $67,000 says JPMorgan
JPMorgan thinks the ProShares Bitcoin futures ETF launch is unlikely to boost BTC prices. Bitcoin prices are unlikely to climb as a result of the debut of the ProShares Bitcoin futures exchange-traded fund (ETF) , according to US bank JPMorgan. As an alternative, they cited inflation as a significant factor that may have had a […]