Features Crypto News by Thebittimes.Com

Author: WuBlockchain In October, data shows an overall increase in activity across major exchanges: Spot Trading Volume Spot trading volume on major exchanges rose by 17% month-over-month. The top three exchanges by growth rate were Coinbase (61%), Gate (36%), and Binance (24%). The lowest-ranked were Bitfinex (-19%), HTX (-5%), and Bitget (0.5%). Derivatives Trading Volume Derivatives trading volume rose by 25% month-over-month. The top three exchanges by growth rate were Bybit (61%), Bitget (30%), and Mexc (25%). The lowest-ranked were HTX (-4%), Crypto.com (3%), and KuCoin (5%). Website Traffic Website traffic for major exchanges increased by 2% month-over-month. The top three by growth were HTX (105%), OKX (33%), and Upbit (21%). The lowest-ranked were KuCoin (-29%), Gate (-17%), and Bitfinex (-14%). Note: This data may contain substantial artificial activity or bot traffic. Spot and derivatives data is from Coingecko, and traffic data is from Similarweb. Follow us Twitter: https:/...

With the crypto market anxiously awaiting what ‘Uptober‘ could have in store for Bitcoin, one finance expert has predicted that BTC could reach a new all-time time high by Halloween. Although the asset has yet to live up to its October potential, there is still room for it to increase before the 31st holiday. Although it had struggled at the start of the month, Bitcoin has been steadily gaining for several weeks. That is predicted to be just the beginning by many. Indeed, several analysts have predicted a return to the $70,000 level before the end of the month. Also Read: Here’s Why Bitcoin’s Surge Is Inevitable This Weekend Bitcoin Could Challenge $73,000 High by Halloween Despite its ups and downs, 2024 has been monumental for Bitcoin. The leading cryptocurrency has outperformed traditional investment assets like gold and silver. Throughout the year, it is the best-performing asset to date, up 49% and outpacing gold’s 26%. That fact is even more impressive considerin...

The Shiba Inu (SHIB) ecosystem bid a rather goodbye to September. The meme coin recorded a 26% spike in price throughout the past 30 days. Sadly, October started on a dull note for SHIB. Shiba Inu has dipped by over 12% with only a week into the month. At press time, SHIB was trading at $0.00001663. Also Read: Shiba Inu: Here’s How To Be A Millionaire With SHIB By 2028 Shiba Inu’s Performance And October Price Prediction Source Historical Performance In October This came as a shocker to many, as SHIB has performed exceptionally well during October over the past few years. Data from CryptoRank revealed that ‘Uptober’ is one of the most bullish months for the asset. The meme coin witnesses an average spike of over 200%. Current Price And Potential For Reclaiming All-Time High Can the asset reclaim its all-time high this month? Currently, SHIB trades 431% below its peak of $0.00008845. Therefore, it might be a task for the asset to record an increase of this level. However, it ...

Neiro (NEIRO), a dog-themed meme coin, is outperforming most major crypto assets. The token has rallied by 3.4% in the daily charts, 60% in the weekly charts, 2857.8% in the 14-day charts, and 3621.2% over the previous month. The asset has also outperformed other significant meme coins, such as Shiba Inu (SHIB) and Dogecoin (DOGE). Source: CoinGecko While NEIRO dominates the charts, SHIB struggles to surpass the $0.000015 level. Dogecoin (DOGE), on the other hand, seems to be consolidating around $0.10. Also Read: Chinese Yuan Hits 16-Month High Against US Dollar Why Is Neiro Rallying? NEIRO’s current rally could be due to investors flocking to new memecoins to make profits as the larger market seems to be cooling off. According to cryptocurrency Analysis firm LookOnChain, one investor spent $1.53 million to buy 17.71 million Neiro on Ethereum ($NEIRO). The move may have triggered other investors to purchase other Neiro-related projects. Mainstream meme coins like SHIB and DOGE h...