EUR/USD 1.14616
-0.119%
Gold 4150.82
-0.113%
Oil 76.425
1.330%
USD/JPY 161.439
0.095%
GBP/USD 1.32052
-0.209%
GBP/JPY 213.187
-0.113%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
U.S. 10-year Treasury futures fell 12 points, and 30-year Treasury futures fell 21 points.June 22nd - US President Trump: A corrupt and failed New York Times headline: "After nearly four months of war, what has changed? Analysts say nothing much." Really? The (Iranian) military is finished, their navy is gone, their air force is gone, their launch platforms, missiles, drones and their manufacturing are almost gone, their two top leaders are gone, their inflation rate is 250%, their economy has collapsed, soldiers are not paid, the Strait of Hormuz is open, oil is flowing, and the US stock market and employment rate are at record highs. Thats the change, you corrupt and immoral cowards, and theres much more!According to Fox News: A U.S. diplomat stated that the Iranian delegation remains in Switzerland and negotiations are ongoing. Serious progress is being made throughout the day. Intensive discussions are underway regarding all elements of the nuclear agreement. Some discussions focus on clarifying confusing information about the Strait of Hormuz to ensure it remains open.According to sources familiar with the matter, alternative asset management giant Investcorp is acquiring a majority stake in a UK facilities management company, highlighting the continued push for overseas deals by Gulf investors despite the ongoing conflict in the Middle East. The Bahrain-based company is acquiring a stake in Smart Managed Solutions at a valuation exceeding $200 million.Israeli Prime Minister Benjamin Netanyahu: Some Americans say Trump listens to me completely, and some Israelis say I listen to Trump completely—neither of these statements is true. We are leaders of an independent nation. I represent Israels interests.

Crypto derivatives volumes surge to $3.12 trillion in July

Skylar Shaw

Aug 12, 2022 14:53

微信截图_20220812144851.png


According to researcher CryptoCompare, trade in cryptocurrency derivatives on centralized exchanges increased to $3.12 trillion in July, up 13% month over month, as cryptocurrency values begin to rebound from the recent market crisis.


According to CryptoCompare, the derivatives market now accounts for 69% of all crypto transactions, up from 66% in June, and helped drive total crypto volumes on exchanges to $4.51 trillion in July.


On July 29, derivatives exchanges transacted up to $245 billion, which is 9.7% greater than the $223 billion top daily high for June.


Spot cryptocurrency trade, however, dipped to $1.39 trillion in July, the lowest level since December 2020 and a monthly fall of 1.3%, according to CryptoCompare.


In May and June, the price of cryptocurrencies fell precipitously as investors fled riskier investments due to concerns about soaring inflation and Federal Reserve interest rate rises. Several cryptocurrency organizations have slashed staff after a significant pair of tokens collapsed, and other cryptocurrency lenders have frozen client withdrawals.


With bitcoin rising 17% in July, prices have somewhat recovered. It is still a long way from its record high of $69,000 in November, which it reached at roughly $24,300.


Since there is no U.S. Federal Reserve meeting in August, CryptoCompare said, "the jump in futures trading volume signals an increase in speculative activity as traders feel there is opportunity for more upside in current rally."


According to CryptoCompare, traders are also making predictions on the impending Ethereum merge, which is a network update anticipated for September.


Since its $880 low in June, ether has increased to over $1,900.


According to CryptoCompare, BinanceUSD, a stablecoin released by the cryptocurrency exchange Binance, gained popularity in July as spot volumes for transactions between bitcoin and BinanceUSD for the first time surpassed those between bitcoin and dollars.


With a 54% market share, Binance continued to dominate the exchange landscape, while Atom Asset Exchange (AAX), which saw its volume increase by 26.5% in July, moved into second place.


Trading volumes more than half in the second quarter of 2022, according to a data released on Tuesday by American exchange Coinbase.

Suggestion