South Korean crypto exchanges processed more Dogecoin trades yesterday than the average volume of stocks traded on the country’s traditional exchanges, data from multiple sources shows.Dogecoin upAs per local news outlet Hankyung, the average daily trading volume on the Korea Composite Stock Price Index (KOSPI)—a representative index of Korean companies—was just $9 billion in … [Read more...] about Dogecoin volumes in Korea exceeded those of its entire stock market yesterday
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Demand for PayPal’s crypto offering exceeded all expectations, CEO says
The demand for cryptocurrency exceeded PayPal’s initial expectations after the firm launched crypto trading in late 2020, according to the company’s CEO.“Demand on the crypto side has been multiple-fold to what we initially expected. There’s a lot of excitement,” PayPal president and CEO Dan Schulman said in a Sunday interview with Time magazine.Schulman said that existing … [Read more...] about Demand for PayPal’s crypto offering exceeded all expectations, CEO says
Watershed moment? Bitcoin price exceeded all expectations in February
In hindsight, February can be viewed as a watershed moment in the history of Bitcoin. The entire month could be looked back upon by market specialists and economists, as the markets saw an enormous surge before correcting themselves later in the month.The flagship cryptocurrency asset, Bitcoin (BTC), hit its all-time high of $58,352 on Feb. 21 while finally breaking the $1 … [Read more...] about Watershed moment? Bitcoin price exceeded all expectations in February