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Trading Volumes

  • Crypto Trading and Strategies

    Crypto exchange Bullish’s 2Q average daily volume rises 3-fold on the quarter

    Average daily volumes (ADV) at Bullish cryptocurrency exchange in the second quarter of the year rose by about 212% to US$522 million, up from US$167 million in the first quarter, according to a business update released on July 26. The exchange is operated by Bullish (GI) Limited and regulated by the Gibraltar Financial Services Commission.  […]

    Pradipta Mukherjee

  • Crypto Trading and Strategies

    Crypto trading volumes dip to 18-month low amid bear market

    Spot and derivatives crypto trading volumes have declined by over 15% since May to around US$4.2 trillion, the lowest since January 2021, Bloomberg reported citing data from CryptoCompare.  See related article: Indian crypto trading volume drops as much as 63% after new tax Fast facts In June alone, spot trading volumes dropped by 28% to […]

    Monika Ghosh

  • Regulation

    Indian crypto trading volume drops as much as 63% after new tax

    Trading volume in Indian cryptocurrency exchanges dropped by as much as 63% since July 1, when a 1% tax deducted at source (TDS) was imposed.  See related article: India’s latest tax assault on crypto exchanges starts Friday Fast facts Daily trading volume at cryptocurrency exchange WazirX fell more than 63% on July 1 to US$5.36 […]

    Pradipta Mukherjee

  • NFT Marketplaces

    NFT market OpenSea transaction volume hits record high

    Non-fungible token marketplace OpenSea’s July transaction volume reached a new high of almost US$325 million, a 118% increase from an historic high attained in June. Fast facts The new numbers make OpenSea the most active NFT marketplace. OpenSea’s July NFT transaction numbers and transaction fees were also records, at 457,700 and US$21.78 million, respectively, breaking […]

    Ningwei Qin