https://www.forex-news.com/
Forex-News has been the world leading economy news website since 2005. It has been a joyful path full of changing variables in this changing world. During the last three years we have also covered some of the most important news regarding Bitcoin and other cryptocurrencies. Wherever the news are, we are there.
, Centralized crypto exchanges hit new highs, Forex-News, Forex-News
Bitcoin
$55,193.21
-6203.93
Ethereum
$2,145.95
-273.9
Litecoin
$262.61
-52.36
DigitalCash
$293.92
-84.44
Monero
$315.16
-41.87
Nxt
$0.07
-0.01
Ethereum Classic
$35.57
-7.38
Dogecoin
$0.32
+0.02

Centralized crypto exchanges hit new highs

4
, Centralized crypto exchanges hit new highs, Forex-News, Forex-News


, Centralized crypto exchanges hit new highs, Forex-News, Forex-News

Again, the utility tokens of centralized crypto exchanges reach new all-time highs.

Indeed, on Wednesday, utility tokens from centralized crypto exchanges, including FTX, Binance, Huobi and OKEx, hit all-time highs.

As a fun fact, some of them set price records earlier this month.

Centralized crypto exchanges with new all-time highs

By the way, FTT from FTX, BNB from Binance and HT from Huobi have all seen the most significant growth since the beginning of the year.

Basically, according to Messari, there was an approximate increase of 249%, 238% and 161%, respectively.

Impressive returns are recorded

The tokens of the crypto exchanges are registering impressive returns. As more traders, they are using these exchanges to invest in cryptocurrencies.

By the way, some traders are turning their attention to centralized and decentralized cryptocurrency exchanges (CEX and DEX, respectively). This is helping to propel several of these exchanges’ tokens to new highs.

In this regard, Sam Bankman-Fried, co-founder and CEO of FTX, said: “FTX has set all-time highs in volume, traffic and revenue this month».

Adding: «It has also outperformed most other bags».

For its part, Ciara Sun, Vice President of Huobi Global Markets, also expressed that the price increase on Wednesday of HT, is due in part to the new record price of Bitcoin, earlier this week.

«HT is the native token that reflects the community’s perception of our ability to grow our influence. When we are doing well and the industry is doing well, it is reflected in its price.».

To recall, Bitcoin hit a new high on Monday, after US electric car maker Tesla announced the purchase of 1.5 billion of the cryptocurrency.

That is, Bitcoin increased by at least 11% to more than $ 43,000. Exceeding the previous maximum price of $ 41,962 reached on January 8.

According to Skew data, Binance, OKEx, Huobi, and FTX are shown to be among the top exchanges, with some of the largest open Bitcoin futures interests.

Top exchanges with some of the largest open Bitcoin futures interests. Source: Skew

I close with this phrase from Publio Siro: «Things are worth what one is willing to pay for them».

, Centralized crypto exchanges hit new highs, Forex-News, Forex-News





, Centralized crypto exchanges hit new highs, Forex-News, Forex-News

Get real time updates directly on you device, subscribe now.

, Centralized crypto exchanges hit new highs, Forex-News, Forex-News

Leave A Reply

Your email address will not be published.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More