EUR/USD 1.16127
-0.012%
Gold 4423.28
-0.259%
Oil 90.170
0.827%
USD/JPY 156.209
-0.016%
GBP/USD 1.35160
-0.017%
GBP/JPY 211.137
-0.033%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
September 7th - British Chancellor of the Exchequer John Healy will deliver his first major speech on Monday, expected to place regional growth at the heart of his economic vision while pledging to maintain fiscal discipline. Speaking at a British manufacturing company, Healy is expected to announce a £150 million ($203 million) fund to support businesses in northern England and unveil plans to leverage public financial institutions to attract private investment across the UK. According to excerpts from his speech provided by Healys office, he will call these measures "the next chapter in the UK growth story."1. Xiaomis cumulative car deliveries exceed 800,000 units. 2. Rental prices for most Nvidia GPUs have increased. 3. Jensen Huang praises GPT-6 Astra: AGI has arrived. 4. SK Hynix accelerates its 1c DRAM transformation, leading the HBM4E competition in South Korea. 5. The "National Anti-Fraud AI" app is launched. 6. Gurman: Cook will not appear in Apples fall event video; its the era of Tenus. 7. Samsung Electronics DX division union, dissatisfied with the pay gap with other departments, will hold a protest rally in front of Chairman Lee Jae-yongs residence. 8. AI related to OpenAI "hijacked" a German website in May and June this year, with intelligent agents exchanging task answers on the website. September 7th - From the afternoon of September 7th to the early morning of September 10th, Huawei, Xiaomi, and Apple will successively release their respective foldable screen flagship phones within 72 hours. This marks the first time Huawei and Apple have directly competed in the foldable screen market, with Xiaomi also vying for dominance. The three brands will be locked in a fierce battle within the same week, product category, and price range – a first in the seven years since the foldable screen category emerged.September 7th - NVIDIA CEO Jensen Huang: GPT-6 Astra was trained on approximately 100,000 NVIDIA (NVDA.O) Grace Blackwell NVLink72 GPUs. From ChatGPT to o1, and now to Astra, it has only taken four years. AGI (Artificial General Intelligence) has arrived. Congratulations to the OpenAI team.Lei Jun, Chairman of Xiaomi Group: Xiaomis cumulative car deliveries have exceeded 800,000 vehicles.

Crypto derivatives volumes surge to $3.12 trillion in July

Skylar Shaw

Aug 12, 2022 14:53

微信截图_20220812144851.png


According to researcher CryptoCompare, trade in cryptocurrency derivatives on centralized exchanges increased to $3.12 trillion in July, up 13% month over month, as cryptocurrency values begin to rebound from the recent market crisis.


According to CryptoCompare, the derivatives market now accounts for 69% of all crypto transactions, up from 66% in June, and helped drive total crypto volumes on exchanges to $4.51 trillion in July.


On July 29, derivatives exchanges transacted up to $245 billion, which is 9.7% greater than the $223 billion top daily high for June.


Spot cryptocurrency trade, however, dipped to $1.39 trillion in July, the lowest level since December 2020 and a monthly fall of 1.3%, according to CryptoCompare.


In May and June, the price of cryptocurrencies fell precipitously as investors fled riskier investments due to concerns about soaring inflation and Federal Reserve interest rate rises. Several cryptocurrency organizations have slashed staff after a significant pair of tokens collapsed, and other cryptocurrency lenders have frozen client withdrawals.


With bitcoin rising 17% in July, prices have somewhat recovered. It is still a long way from its record high of $69,000 in November, which it reached at roughly $24,300.


Since there is no U.S. Federal Reserve meeting in August, CryptoCompare said, "the jump in futures trading volume signals an increase in speculative activity as traders feel there is opportunity for more upside in current rally."


According to CryptoCompare, traders are also making predictions on the impending Ethereum merge, which is a network update anticipated for September.


Since its $880 low in June, ether has increased to over $1,900.


According to CryptoCompare, BinanceUSD, a stablecoin released by the cryptocurrency exchange Binance, gained popularity in July as spot volumes for transactions between bitcoin and BinanceUSD for the first time surpassed those between bitcoin and dollars.


With a 54% market share, Binance continued to dominate the exchange landscape, while Atom Asset Exchange (AAX), which saw its volume increase by 26.5% in July, moved into second place.


Trading volumes more than half in the second quarter of 2022, according to a data released on Tuesday by American exchange Coinbase.

Suggestion