Cointime

Download App
iOS & Android

Spot trading volume on CEX is expected to surge by more than 83% QoQ in Q4 2023

CryptoRank, an encrypted data analysis platform, published an article on X platform stating that compared to Q3 2023, it is expected that the spot trading volume of centralized exchanges (CEX) in Q4 will increase by more than 83%. Despite the significant increase in trading volume, it is still nearly four times lower than the historical high in Q2 2021.

Comments

All Comments

Recommended for you

  • In the past 24 hours, the entire network has liquidated $405 million, mainly short positions

     data shows that a total of $405 million was liquidated in the past 24 hours, with long positions liquidated at $79.9603 million and short positions liquidated at $325 million.
  • BlackRock deposits 44,774 ETH and 900 BTC into Coinbase Prime

     according to Arkham monitoring data, about 1 hour ago, BlackRock deposited 44,774 ETH (USD 195.29 million) and 900 BTC (USD 101.67 million) into Coinbase Prime.
  • BNB breaks through $880

     market showed that BNB broke through $880, now reported at $880.08, with a 24-hour increase of 1.07%. The market is fluctuating significantly, please be cautious and manage risks.
  • After the release of the non-farm payroll data, spot gold rose by nearly $20 in the short term and is now at $3,571 per ounce.

     release of non-farm data, spot gold rose nearly $20 in the short term, now trading at $3571 per ounce.
  • Pump.fun has spent over $62.6 million to repurchase its native token PUMP

    according to Dune Analytics data, Pump.fun has spent over $62.6 million to buy back its native token PUMP. The buyback has absorbed over 16.5 billion tokens, with an average buyback price of $0.003785, aiming to stabilize the price trend and reduce selling pressure.
  • Data: 102,000 Bitcoin contracts will expire on Deribit at 4:00 PM this Friday

     according to unfolded data, at 16:00 this Friday, Deribit platform will have 102,000 Bitcoin contracts expiring, with a nominal value of 11.34 billion US dollars.
  • CoinShares: Total outflows from digital asset investment products reached $1.43 billion last week

     latest report from CoinShares shows that last week saw a significant outflow of funds from digital asset investment products for the first time in weeks, totaling $1.43 billion, the highest level since March. Last week, trading volume for Exchange-Traded Products (ETPs) reached $38 billion, about 50% higher than the average for this year. At the beginning of this week, a pessimistic sentiment surrounding the Federal Reserve led to a $2 billion outflow of funds. However, market sentiment shifted after Jerome Powell's speech at the Jackson Hole symposium, which was widely interpreted as more dovish than expected, leading to an inflow of $594 million.
  • BTC breaks through $118,000

    market shows BTC breaking through $118,000, now reporting $118,022.35, with a 24-hour increase of 0.14%. The market fluctuates greatly, so please be prepared for risk control.
  • The market value of Bitmine's Ethereum holdings exceeds $5 billion

    according to Strategicethreserve data, the Ethereum holdings of the US-listed company Bitmine have reached about 1.2 million coins, with a market value exceeding 5 billion US dollars. At the time of writing this article, it reached 5.12 billion US dollars, ranking first in the Ethereum treasury company rankings. Currently, Sharplink Gaming holds about 728,800 ETH, worth about 3.25 billion US dollars, ranking second, and The Ether Machine holds about 345,400 ETH, worth 1.54 billion US dollars, ranking third.
  • Cointime January 21 News Express

    1.Morgan Stanley: The Fed is now expected to slow down the pace of balance sheet reduction starting in June2.Three addresses transfer UMA to CEX after UMA rises3.South Korea’s Financial Supervisory Authority issues tips to prevent the spread of cryptocurrency scams4.LBank will list AMB and open for trading at 16:00 on January 255.HashKey Exchange: Due to the system upgrade of our partner Standard Chartered Bank, the recharge will be delayed next Monday.6.Celestia ecological pledge project CelestLoan will launch its first round of token sales on January 307.Trezor: The third-party ticket portal was accessed without authorization, but user assets were not affected8.MagicSquare(SQR) will be listed on Gate at 6pm tomorrow night9.Revolut partner BSC-857 protocol platform has completed BSC-Web3 deployment10.Ondo Finance announces launch of first batch of Ondo points program