First Mover Asia: Bitcoin, Altcoins Regain Ground After Early Weekend Spiral; Trading Volume Levels Off After an Intense Saturday

Good morning. Here’s what’s happening this morning: Market moves: Investors bought up bitcoin quickly after Saturday’s sharp sell-off. Trading volume spiked on Saturday, although by Sunday it had leveled off as traders await Monday’s opening of equity markets. Technician’s take: BTC buying has been weak despite short-term oversold signals. ETH is also taking a breather … Read moreFirst Mover Asia: Bitcoin, Altcoins Regain Ground After Early Weekend Spiral; Trading Volume Levels Off After an Intense Saturday

Annual Volume of Crypto Transactions Made by Russians Reaches $5 Billion, Bank of Russia Finds

With the growing capitalization of the crypto economy, Russians have been making crypto transactions worth billions of dollars a year, data gathered by the Central Bank of Russia shows. Russian residents are some of the most active participants in the crypto market, the regulator has acknowledged. Russians Among Most Active Crypto Users, Central Bank Admits … Read moreAnnual Volume of Crypto Transactions Made by Russians Reaches $5 Billion, Bank of Russia Finds

Stablecoin Economy Surges Past $150B, Stablecoins Command Over 50% of Global Crypto Trade Volume

A great number of digital currencies have swelled in value this year and as the end of 2021 approaches, the market capitalization of all 11,000+ crypto assets in existence is roughly $2.6 trillion. These days, it’s safe to say that dollar-pegged tokens, otherwise known as stablecoins, have a strong presence in the crypto market. Today … Read moreStablecoin Economy Surges Past $150B, Stablecoins Command Over 50% of Global Crypto Trade Volume