‘Enormous Increase’ in Ukraine Crypto Trading Volume, USD 47,000 Next Target for Bitcoin – Arcane
There have been massive increases in crypto trading volumes using the Ukrainian fiat currency, crypto research firm Arcane Research wrote in its latest weekly update. Meanwhile, the firm has identified USD 47,000 as the...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
There have been massive increases in crypto trading volumes using the Ukrainian fiat currency, crypto research firm Arcane Research wrote in its latest weekly update. Meanwhile, the firm has identified USD 47,000 as the next likely target for bitcoin (BTC) after the USD 44,000 resistance has been breached.
“Many Ukrainians worry that the banking system in the country may collapse and are seeking to crypto as a safe haven for their savings,” Arcane wrote in its report....
Read More: ‘Enormous Increase’ in Ukraine Crypto Trading Volume, USD 47,000 Next Target for Bitcoin – Arcane
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
XRP Sees 23% of Onchain Trading Volume in a Three-Hour Trading Window
XRP trading has developed a pronounced weekday peak during overlapping London and New York business hours. Evernorth highlighted t...
Bitwise ETFs see over $300M in trading volume as crypto fund appetite grows
Growing trading volumes in Bitwise ETFs indicate increasing institutional interest and evolving regulatory acceptance in the crypt...
Tokenized equities reach $9B in onchain trading volume this year, up 800% from January
The surge in tokenized equity trading highlights a shift towards decentralized, 24/7 markets, challenging traditional trading norm...
Down 50% on crypto and burning $8 million in cash, this Nasdaq firm just pivoted to event robots to survive
AIxCrypto Holdings, a Nasdaq-listed company shifting from a digital-asset treasury toward robot rentals, plans an orderly exit fro...
Cantor Fitzgerald Opens Institutional Block Trading in Kalshi Event Contracts
Cantor Fitzgerald said on Aug. 19 that it has begun arranging institutional block trades in event contracts, making it one of the...
How crypto turned a 68-point deficit into a market lead as Bitcoin and top altcoins outrun the Nasdaq
Bitcoin trailed the Nasdaq 100 by 68 percentage points over the past year, and it has spent the last 60 days turning that deficit...