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Crypto trading volume hit $10.4 trillion in November. Trump's election win has stoked hopes of a more favorable policy environment for the industry. ... the coin had soared 42% since Election Day.
Trading volume in cryptocurrency is an essential metric for assessing the health of a particular coin. When attempting to identify early-stage coins with a high chance of success, analysts will ...
The post Cryptocurrency market update: price dropping, volume dropping appeared first on Coin Rivet. At the time of writing, the cryptocurrency market is consolidating nicely, although volumes ...
According to Bloomberg, in November 2019, Coinmarketcap introduced a Liquidity metric designed to combat fake trading volume. [4] In April 2020, Binance, a cryptocurrency exchange, acquired Coinmarketcap for an undisclosed amount. Forbes suggested that the deal could be worth $400 million. [5] [6]
Various studies have found that crypto-trading is rife with wash trading. Wash trading is a process, illegal in some jurisdictions, involving buyers and sellers being the same person or group, and may be used to manipulate the price of a cryptocurrency or inflate volume artificially.
On December 19, 2013, Dogecoin jumped nearly 300% in value in 72 hours, rising from $0.00026 to $0.00095, [19] with a volume of billions of Dogecoins traded per day. This growth occurred during a time when Bitcoin and many other cryptocurrencies were reeling from China's decision to forbid Chinese banks from investing in the Bitcoin economy. [ 15 ]
At the end of its first day of trading, Coinbase closed at US$328.28 per share. [ 81 ] In May, the company's chief people officer published a blog post announcing that Coinbase was eliminating salary and equity negotiations during recruiting, citing salary disparities with women and minorities.
Here are key things to know before you start day trading cryptocurrency and why it can be even riskier than day trading stocks. 9 things to know when you day trade cryptocurrency 1. Crypto ...
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