FTX volume up $140 billion in year-over-year high
Based on BeInCrypto research and data from Nomics, FTX recorded around $363 billion in trading volume during the third month of 2022.
FTX saw a 64% increase in trading volume year-over-year from March 2021. The trading volume for March 2021 was around $220 billion, according to data from Nomics. The difference between March 2022’s and March 2021’s trading volume was $142.7 billion.
Top 10 Daily Losers
VISION, the token of the VisionGame ecosystem, witnessed the most significant correction with a drop of 19.77% and is currently trading at 2,033 VNDC. At the broader time frame, the asset has dropped by 48.29% after 3 days.
Other assets that saw a drop in value include BCOIN (down 17.97%), MOWA (down 14.97%), TITAN (down 14.47%),…
Whale accumulated 12 million USD ETH
According to Whale Alert, 3,991 ETH was transferred from OKEx to an unknown wallet in the last 24 hours. This amount of Ethereum is worth $12,220,183.
Germany is the most crypto-friendly country
According to a study conducted by digital asset exchange aggregator, Coincub, German adoption of crypto and the decision to allow crypto investments put the country in the lead for Q1. 2022.
The top country in Q4 2021, Singapore, is now second, while the world’s top economy – the US – ranks third. Australia and Switzerland made it to the top 5.
223 billion SHIB grabbed by top whale as SHIBA INU returns as most-purchased asset
As reported by WhaleStats, an ETH whale ranking fifth-largest has bought 223,761,580,609 SHIB, or $5,781,999 worth.
Large traders have purchased a significant amount of tokens, which made SHIB one of the most purchased assets among Ethereum whales in the last 24 hours, per WhaleStats.
$1.2 billion in Bitcoin moved out of Coinbase in massive daily outflow
The CEO of leading on-chain analytics firm CryptoQuant revealed that 30,000 Bitcoin worth over $1.21 billion were transferred from the coffers of Coinbase on Friday. Bitcoin is now trading at $40,281 with a trading volume of $16.8 billion.
Avalanche (AVAX) could surpass Ethereum (ETH) next quarter in terms of daily transaction count
Digital assets research firm Messari notes that Ethereum had an average of approximately 1.17 million transactions per day in the first quarter of 2022.
According to the crypto research firm, Avalanche clocked 74% of Ethereum’s average in Q1. With the incentive programs taking hold and subnet launches on the way, Avalanche has an interesting opportunity to surpass Ethereum over the next quarter.
ADA whales holdings at 2-year all-time high
Top whales that hold more than 10 million ADA have returned to their largest percentage of supply held in 2 years. Data from Santiment revealed that this category of wallets now held 46.6% of the circulating supply of ADA. This translates to the whales, which includes crypto exchanges, holding over 14.9 billion of the 33 billion ADA tokens currently in circulation.
Earlier this month, data showed that mid-tier ADA holders (wallets holding $100 to $100k worth of ADA) also reached a new all-time high in the percentage of supply held. At the time, the mid-tier whales held 16.8% of the available supply of the token.
Top 5 Trending Assets
SURV, the utility token of the Survival Game Online, surged dramatically. SURV has gained 43.02% in the last 24 hours and is trading at 491 VNDC. With these achievements, SURV has become the leading asset in the Top Gainers and Top Trending on ONUS with 188.68 thousand views.
H3RO3S came in second with 100.89k views, demonstrating the heat that has not subsided for this Play-to-earn game. Following are ANM, HTD and ITAMCUBE – assets that are strongly debated in ONUS communities.
Highlights of the week
$1INCH expands to $FTM
Cross-chain bridge Allbridge brings DeFi to $XRP
$LUNA bridge now interacts with $SOL, $AVAX, $FTM
$ACA, $ANC join forces to unite Terra and Polkadot DeFi ecosystems
$DOGE to use Elon Musk’s Starlink to conduct offline transactions
$GMT partnered with sneaker brand ASICS to launch an NFT collection on Binance
Forbes expands into Metaverse with launch of virtual billionaires NFT collection on $FTX