Category: volume

December was a record volume month for Ethereum options

December was a record volume month for Ethereum options

December of 2020 beat out the previous month’s all-time high for Ethereum options trading volume, according to data compiled by The Block. November generated $1.83 billion worth of options while December had $2.24 billion — a 22.4% increase.  Deribit had 83.4% of the Ethereum options trading volume. Next was OKEx with 13.9% of the volume, […]

Continue Reading

December saw the highest monthly volume for Ethereum futures to date

December saw the highest monthly volume for Ethereum futures to date

The volume for Ethereum futures reached $257.06 billion in December, according to data compiled by The Block. December’s total was $10.8 billion (4.4%) more than November 2020, which was the previous high, per Skew data. Huobi reportedly the largest volume share at 32.8%. Binance came in with a close second at 32.1% of Ethereum futures […]

Continue Reading

December is already the second-biggest month ever for bitcoin on-chain volumes

December is already the second-biggest month ever for bitcoin on-chain volumes

Adjusted on-chain activity on the Bitcoin network has passed $170.57 billion in December — the second-highest peak ever. December also saw an increase of 25.7% compared with November, which had the fourth-highest adjusted on-chain volume recorded. The record monthly volume occurred during the last big bull run, in December 2017, when it peaked at $207.86 […]

Continue Reading

Bitcoin Hits $25,890, Peter Schiff Thinks BTC Price Rise Will Attract Regulators

Bitcoin Hits $25,890, Peter Schiff Thinks BTC Price Rise Will Attract Regulators

The price of bitcoin jumped well over the $25k handle touching a high of $25,890 on Saturday morning (EST). The crypto asset has an overall market valuation of $476 billion this weekend gaining over 6.8% during the last 24 hours. The overall cryptocurrency market capitalization of all the crypto assets in existence today is roughly […]

Continue Reading

2020 saw over $3 billion in crypto venture funding and over $690M in M&A activity

2020 saw over $3 billion in crypto venture funding and over $690M in M&A activity

The Block Research’s new report highlighted much of the impressive crypto metrics for this year — especially in blockchain and cryptocurrency financing and mergers and acquisitions (M&A).  2020 saw approximately $3.1 billion in financing volume over a span of 774 transactions, according to the report. The COVID-19 pandemic spurred a 61% decrease in Q1 and […]

Continue Reading

GBTC reached its highest average daily trading volume since 2017 in November

GBTC reached its highest average daily trading volume since 2017 in November

The average daily trading volume of Grayscale’s Bitcoin Investment Trust (GBTC) product grew over 165% in November compared to the previous month, according to data compiled by The Block. November’s average volume of GBTC was $254.41 million compared to October’s average volume of $95.87 million. November saw the second-highest month ever, shadowed only by December […]

Continue Reading

Crypto exchange volume soared in November, reaching $289.25 billion for the month

Crypto exchange volume soared in November, reaching $289.25 billion for the month

Trade volume across legitimate crypto exchanges rose by 134% in November compared to the previous month, according to data collected by The Block Research. November’s legitimate trade volume came in at $289.25 billion compared to $123.58 billion in the previous month. November saw the third-highest monthly trading volume since January 2018, during which time trading […]

Continue Reading

Legitimate volume on spot crypto exchanges fell to $125.8 billion in October

Legitimate volume on spot crypto exchanges fell to $125.8 billion in October

Cryptocurrency trading volumes decreased by 25.8% in October, according to The Block’s volume index for spot exchanges. October’s legitimate volume figure came in at $125.8 billion compared to $169.5 billion for the month of September. As previously reported, volume on decentralized exchanges fell during October as well. Those volumes declined to $18.46 billion from September’s $24 […]

Continue Reading

Institutions Long and Hedge Funds Short: Bitcoin Options Traders Prep for ‘Big Moves’ Ahead

Institutions Long and Hedge Funds Short: Bitcoin Options Traders Prep for ‘Big Moves’ Ahead

Trends in bitcoin options markets are making it difficult for financial analysts to pinpoint BTC’s next move. Data from CME’s recently published trader report shows that institutional investors are capturing a larger number of bitcoin long contracts, while hedge funds are showing an all-time high for bitcoin short contracts. On Tuesday, the price of bitcoin […]

Continue Reading