Mathisen Marketing

Your Marketing Blog

Crypto exchange volumes surge amid The Merge

Crypto exchange volumes surge amid The Merge

As an affiliate, we may earn from qualifying purchases. We get commissions for purchases made through links on this website.

Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase

Although the price of cryptocurrencies is in the red, crypto exchanges are benefiting from the increase in trading, according to data collected by The Block Research.

According to data provided by Crypto Compare, the seven-day daily moving average of crypto trading volumes has increased from $18.1 billion on September 6th to $28.6 billion on September 16th.

Trading activity has increased as Ethereum moves from proof-of-stake to proof-of-stake. The transition, known as The Merge, took place last week.

On FTX.US, ETH traders accounted for most of the increase in volume, accounting for nearly 43% of the total trading volume in the last 24 hours. Data from CoinGecko shows.

Similarly, ETH also led the 24-hour trading volume on Coinbase with around 34%. the data shows.

As for the price, the 24-hour price of ETH shows a slight increase of almost 2.6% at $1,468.23. It is down more than 2% in the last month.

© 2022 The Block Crypto, Inc. All rights reserved. This article is for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial or other advice.

Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase

Source link

Leave a Reply

Your email address will not be published.

Latest Posts

  • Bitcoin Blockchain Network Trust Machines Funded by $150M

    Bitcoin Blockchain Network Trust Machines Funded by $150M

    Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase Muneeb Ali, co-founder of Bitcoin smart contract platform Stacks, announced that his Web3 blockchain scaling solution platform Trust Machines raised $150 million in funding. On February 3, Ali announced secured funding rounds for his latest Bitcoin-backed ecosystem, Trust Machines. The […]

    Read More

  • Hacker Returns 70% Of Stolen Funds From Transit Swap

    Hacker Returns 70% Of Stolen Funds From Transit Swap

    Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase After collaborating with many cryptoanalytical platforms, the Transit Swap team managed to recover about $16.2 million worth of crypto assets from the exploiter. TransitSwap is a decentralized exchange (Dex) that offers better liquidity and better returns for all chains in […]

    Read More

  • Did GameStop Just Dump $30M worth of IMX Tokens?

    Did GameStop Just Dump $30M worth of IMX Tokens?

    Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase Controversial GameStop may see another round of community outrage after selling off $30 million worth of IMX tokens. After a major setback in its shares GameStop has shed light on a new NFT marketplaceand rejuvenated some fans in the crypto […]

    Read More