FBI nabs crypto wash trading scheme on Uniswap

FBI investigators have charged a UAE-based crypto firm with generating fake trading volume using wash trading algorithms on Uniswap’s decentralized exchange. The U.S. Attorney’s Office for the District of Massachusetts announced a settlement with CLS Global after undercover FBI agents uncovered the firm’s involvement in market manipulation and wire fraud. CLS Global, described as a […]

VeThor VTHO trading volume jumps 80,000% after Upbit listing

VeThor token is witnessing a surge of over 80,300% after the token was listed on South Korea’s largest crypto exchange by trading volume, Upbit.   On Jan. 21, Upbit launched trading support for VeThor Token (VTHO) in both the Korean Won (KRW) and Tether (USDT) markets. As of Jan. 22, VTHO’s trading volume has surged by […]

Crypto.com announces trading platform for institutional traders in the US

Singapore-based trading firm Crypto.com has announced a new platform catering to institutional investors in the United States. Revealed on Jan. 21, the platform aims to strengthen Crypto.com’s presence in the U.S. by offering advanced solutions tailored for institutional trading. It will operate as a complementary service to the existing Crypto.com App, which caters to retail […]

South Korea’s Bithumb to launch $TRUMP trading for 53k won

Bithumb announced that it will be launching $TRUMP meme coin on its platform with a base price of 53,350 won three days after its official launch. Bithumb, South Korea’s second largest crypto exchange, will launch the official Trump meme coin, $TRUMP (TRUMP), following a surge of demand in the crypto market. The crypto exchange is […]

What is trading volume in crypto and how to understand it

One of the most crucial indicators in the cryptocurrency industry is trading volume. Crypto trading volume helps traders comprehend market activity by displaying the volume of a certain cryptocurrency that has been exchanged over a specified period.  Trading volume is an important indication for effective trading since it allows market players to assess interest, liquidity, […]