• Home
  • NFT
  • Bitcoin
  • Events
  • Contact
    • Contact
    • Our Journalists
    • About Us
    • Partners
Friday, January 27, 2023
No Result
View All Result
Our Bitcoin News
  • Home
  • NFT
  • Bitcoin
  • Events
  • Contact
    • Contact
    • Our Journalists
    • About Us
    • Partners
  • Home
  • NFT
  • Bitcoin
  • Events
  • Contact
    • Contact
    • Our Journalists
    • About Us
    • Partners
No Result
View All Result
Our Bitcoin News
No Result
View All Result

Coinbase Slightly Increases Trading Volume; Rivals Continue to Decline: JPMorgan | coindesk JAPAN

by Damien Martin
25 January 2023
Coinbase Slightly Increases Trading Volume; Rivals Continue to Decline: JPMorgan | coindesk JAPAN
Share on FacebookShare on Twitter

According to data compiled by JP Morgan Chase, the trading volume of Coinbase, a major US crypto asset (virtual currency) trading company, has continued to decline as of January 2023. is on a recovery trend. After the demise of FTX, Coinbase’s reputation as a reliable exchange seems to be paying off.

It’s worth noting that Coinbase’s average daily trading volume (ADV) is $1.6 billion so far in January, up slightly by 0.3% from the previous quarter. On the other hand, the trading volume of other exchanges decreased. For example, Kraken is down 13% and Gemini is down 46%.

Coinbase ADV is recovering (Source: JPMorgan/CryptoCompare)

The slight rise in Coinbase’s trading volume also points to a changing environment for the company, given that the exchange’s trading volume continued to decline last year.

|Translation: coindesk JAPAN
|Editing: Takayuki Masuda
| Image: JPMorgan/CryptoCompare
|Original: Coinbase Trading Volume Increases in January While Other Exchanges See Declines: JPMorgan

Previous Post

Blockstream raises approximately 16 billion yen to expand mining facilities

Next Post

Porsche suspends NFT issuance ── criticism of pricing etc. | coindesk JAPAN | coin desk Japan

Damien Martin

Damien Martin

Damien has a rich history in the fintech and business reporting world. He is currently working at OBN to cover the most important news from the blockchain industry.

Related Posts

Bitcoin, best January since 2013 ── American institutional investors lead | coindesk JAPAN | Coindesk Japan

Bitcoin, best January since 2013 ── American institutional investors lead | coindesk JAPAN | Coindesk Japan

by Damien Martin
27 January 2023

Bitcoin (BTC) has had its strongest start since 2013. The price of Bitcoin, the world's largest cryptocurrency by market capitalization,...

DEA releases collaboration NFT with popular mahjong game “Idol Janshi Suchie-Pai”

DEA’s NFT Marketplace Allows Buying With Fiat Currency

by Kurt Ebenzer
27 January 2023

Introduced fiat currency settlement to the NFT market Digital Entertainment Asset Pte. Ltd. (DEA), a global developer of the GameFi...

BuzzFeed Stock Soars 119% After OpenAI Content Boost

BuzzFeed Stock Soars 119% After OpenAI Content Boost

by Kurt Ebenzer
27 January 2023

BuzzFeed Stock Soars Following a report that US digital media company BuzzFeed plans to provide content using AI (artificial intelligence)...

No Result
View All Result

Recent Posts

  • Bitcoin, best January since 2013 ── American institutional investors lead | coindesk JAPAN | Coindesk Japan
  • DEA’s NFT Marketplace Allows Buying With Fiat Currency
  • BuzzFeed Stock Soars 119% After OpenAI Content Boost
  • Huobi Japan starts handling pallet token (PLT) | coindesk JAPAN
  • Ethereum L2 Demand Increases, Optimism Token Hits Record High
Our Bitcoin News

© 2021 Our Bitcoin News

Navigate

  • Home
  • Press Release
  • Sponsored
  • Our Journalists
  • Advertise
  • Editorial Policy
  • Privacy Policy
  • Terms & Conditions

Follow Us

No Result
View All Result
  • Home
  • NFT
  • Bitcoin
  • Events
  • Contact
    • Contact
    • Our Journalists
    • About Us
    • Partners

© 2021 Our Bitcoin News