South Korean crypto exchange Upbit’s trading volume plummets 75% from March highs

CoinGecko data shows that as of the time of publication, the 24-hour cryptocurrency trading volume of South Korean exchange Upbit was $3.79 billion, a 75% decrease from its high of $15 billion on March 5.

Upbit

Comments

All Comments

Recommended for you

CointimeSG ·

State of NEAR Q3 2024

NEAR Protocol (NEAR) is a smart contract platform that utilizes a Thresholded Proof-of-Stake (PoS) consensus algorithm to execute transactions. NEAR incorporates the Nightshade 2.0 sharding mechanism, which facilitates increased transaction throughput and scalability by taking a novel approach to basic network functionality, and is EVM-compatible via Aurora.
CointimeSG ·

Introducing Investor Cost Basis On-Chain

We introduce the Cost Basis Distribution (CBD), a novel metric that helps identify key accumulation and distribution zones, tracks their evolution over time, and offers a data-driven framework for understanding critical price levels derived from on-chain data.
CointimeSG ·

WalletConnect launches first airdrop season with 50 million tokens allocated to community members

WalletConnect rolled out the eligibility checker for the first season of its airdrop, allowing users to stake tokens for governance.
CointimeSG ·

Bitwise files for 10 Crypto Index Fund ETF with the SEC

Bitwise’s 10 Crypto Index Fund was launched in November 2017, with the bulk of the index fund comprised of Bitcoin and Ether.
CointimeSG ·

OKX, Forteus, and Komainu Collaborate for 24/7 Institutional Crypto Trading

Komainu secures assets and enables off-exchange settlement for Forteus on OKX. Custody services integration reduces counterparty risks for institutional traders.
CointimeSG ·

Flashbots unveils BuilderNet to combat centralization in Ethereum’s block building

Flashbots has launched BuilderNet to address the apparent centralization in the Ethereum block-building process, aiming to distribute the control of this process more evenly across different operators.
CointimeSG ·

Ether futures open interest hits all-time high — Is the ETH bull run starting?

Ethereum futures hit new records, possibly signalling a fresh bull run in ETH.
CointimeSG ·

Meme Tokens and Consent

Last night I created two meme tokens out of curiosity. They were silly experiments, and I have no particular plans for them. I ultimately found the experience deeply unpleasant in predictable ways, but at least I got some first hand exposure to the current scene. This is my writeup.
CointimeSG ·

XRP Jumps as Ripple Vows to Invest in Rebranded Bitwise Fund

The announcement arrives as the "U.S. regulatory environment for crypto [is] finally becoming more clear," said Ripple CEO Brad Garlinghouse.
The final value of the US one-year inflation rate in November is expected to be 2.6%, the expected value is 2.7%, and the previous value is 2.60%

the expected final value of the US one-year inflation rate in November is 2.6%, with an expected value of 2.7% and a previous value of 2.60%. The expected final value of the US five-to-ten-year inflation rate in November is 3.2%, with an expected value of 3.1% and a previous value of 3.10%.