CryptoQuant: Upbit’s October trading volume reached US$59.8 billion, up 82% month-on-month

11/17 10:43

Wechat scan to share

According to a report from on-chain data company CryptoQuant's analysts on Friday, the spot trading volume of Upbit, a local exchange in South Korea, has almost doubled since September. Upbit, which accounts for over 85% of South Korea's trading volume, saw its trading volume in October increase from $32.8 billion to $59.8 billion, an increase of 82% from September. (CoinDesk)

Upbit

Comments

All Comments

There are no comments yet, why not be the first?

Recommended for you

CointimeSG · 04/08 15:14

Scaling the EVM requires an L1, not an L2

Despite all the hype, layer 2s have never been the solution to scaling the EVM, as they come with their own set of challenges. The answer has lied within layer 1s all along.
Tom Fenske · 04/08 04:57

Galaxy Digital Gets SEC Nod for U.S. Listing, Eyes Nasdaq Debut in May

Galaxy Digital plans to redomicile in Delaware and list shares on Nasdaq after May 9 shareholder vote.
Helene Braun · 04/08 04:54

Risk to Bitcoin Buying Plans Makes Strategy a Sell, Says Wall Street Analyst

Michael Saylor's perpetual capital raising machine could be nearing its limit, according to Monness, Crespi, Hardt & Co.
Coindesk · 04/08 04:51

Why Trump's Tariffs Could Actually Be Good for Bitcoin

As the Trump Administration sets out tariff policy on “Liberation Day” Wednesday, many are pessimistic about the economy in general and crypto prices in particular. But there are strong reasons not to be, say analysts.
04/08 02:18

ETH breaks through $1,600

market shows that ETH has broken through $1600 and is now trading at $1600.1, with a 24-hour increase of 0.22%. The market is volatile, so please be prepared for risk control.
Krisztian Sandor · 04/07 21:48

Ripple, BCG Project $18.9T Tokenized Asset Market by 2033

Tokenization of assets could save significant costs for asset managers and issuers, driving broader adoption, the report noted.
Bitcoin Asia · 04/07 21:44

SEC Issues Clarified Stance on Stablecoin Regulation

The official “Statement on Stablecoins” was issued by the SEC’s Division of Corporation Finance on Friday as “part of an effort to provide greater clarity on the application of the federal securities laws to crypto assets.”
Jamie Redman · 04/07 18:51

Strategy Reports $5.91B Unrealized Bitcoin Loss in Q1 2025

Strategy, the enterprise software firm formerly known as Microstrategy, disclosed $5.91 billion in unrealized losses on its bitcoin holdings for Q1 2025 under a new accounting rule requiring crypto assets to be marked to market.
bitcoin.com · 04/07 18:39

Dormant Coins Targeted in Proposed Quantum-Resistant Bitcoin Fork

Bitcoin could be about to get a major change. A new proposal suggests some coins might have to be destroyed to protect the network from future quantum computer attacks.
Jamie Redman · 04/07 03:35

Bitcoin Drops 7% as Wall Street Futures Slide Before Monday’s Open

Bitcoin dipped to an intraday low of $77,098, mirroring the downturn in futures markets as the Dow Jones Industrial average plunged more than 1,500 points.