Connect with us

Blockchain

Kraken Daily Market Report for January 22 2021


Overview


  • Total spot trading volume at $1.9 billion, 18% higher than the 30-day average of $1.61 billion.
  • Total futures notional at $874.3 million.
  • The top 5 traded coins were, respectively, Bitcoin, Ethereum, Tether, Polkadot, and Cardano.
  • Bitcoin dropped early, but closed +7.6%. Almost all coins had positive gains, including Ethereum +11%, Basic Attention Token +29%, and Mana +35%.

January 22, 2021 
 $1902.8M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$33066. 
↑7.6% 
$942.4M
ETH 
$1238.5 
↑11% 
$477.7M
USDT 
$1.0008 
↑0.16% 
$191.6M
DOT 
$17.208 
↑8.2% 
$71.9M
ADA 
$0.3504 
↑15% 
$43.5M
LINK 
$21.673 
↑18% 
$42.1M
USDC 
$0.9999 
↑0.0% 
$33.8M
LTC 
$138.08 
↑6.7% 
$31.2M
XRP 
$0.2734 
↑2.0% 
$30.2M
XLM 
$0.2713 
↑8.0% 
$12.0M
BCH 
$442.24 
↑5.8% 
$11.7M
XTZ 
$2.9301 
↑19% 
$11.1M
FIL 
$22.312 
↑4.9% 
$9.14M
BAT 
$0.3151 
↑29% 
$6.01M
CRV 
$1.9714 
↑17% 
$5.88M
GRT 
$0.5132 
↑18% 
$5.88M
DAI 
$1.0010 
↑0.05% 
$4.8M
XMR 
$136.27 
↑4.5% 
$4.66M
ATOM 
$8.0342 
↑12% 
$4.61M
YFI 
$30902. 
↑11% 
$4.2M
AAVE 
$191.08 
↑19% 
$4.14M
EOS 
$2.6281 
↑3.4% 
$3.74M
UNI 
$8.7294 
↑15% 
$3.39M
KSM 
$104.36 
↑12% 
$3.09M
DASH 
$105.16 
↑5.4% 
$3.07M
SNX 
$14.293 
↑16% 
$2.89M
ALGO 
$0.5113 
↑11% 
$2.84M
MANA 
$0.1591 
↑35% 
$2.5M
WAVES 
$6.4166 
↑7.4% 
$2.4M
NANO 
$3.1765 
↑8.8% 
$2.37M
ZEC 
$87.254 
↑5.3% 
$2.22M
TRX 
$0.0286 
↑3.9% 
$1.72M
XDG 
$0.0085 
↑4.9% 
$1.68M
OMG 
$3.3686 
↑5.4% 
$1.53M
KAVA 
$2.1509 
↑7.4% 
$1.5M
ICX 
$0.7122 
↑2.0% 
$1.29M
KNC 
$1.3653 
↑1.3% 
$1.27M
QTUM 
$2.9308 
↑7.0% 
$1.23M
MLN 
$45.934 
↑0.3% 
$1.21M
OXT 
$0.2868 
↑6.5% 
$1.02M
ETC 
$7.4535 
↑4.6% 
$1.01M
COMP 
$200.21 
↑14% 
$999K
REP 
$21.441 
↑5.1% 
$939K
PAXG 
$1862.9 
↓1.4% 
$912K
KEEP 
$0.2839 
↑1.2% 
$770K
SC 
$0.0045 
↑3.9% 
$736K
BAL 
$20.027 
↑10% 
$356K
LSK 
$1.3446 
↑5.3% 
$294K
STORJ 
$0.3824 
↑7.6% 
$275K
ANT 
$3.5002 
↓2.6% 
$216K
GNO 
$107.08 
↑8.5% 
$213K
REPV2 
$19.036 
↑5.5% 
$155K
TBTC 
$34165. 
↑5.3% 
$55.3K

The post Kraken Daily Market Report for January 22 2021 appeared first on Kraken Blog.

Avatar

Published

on

Overview


  • Total spot trading volume at $1.9 billion, 18% higher than the 30-day average of $1.61 billion.
  • Total futures notional at $874.3 million.
  • The top 5 traded coins were, respectively, Bitcoin, Ethereum, Tether, Polkadot, and Cardano.
  • Bitcoin dropped early, but closed +7.6%. Almost all coins had positive gains, including Ethereum +11%, Basic Attention Token +29%, and Mana +35%.

January 22, 2021 
 $1902.8M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$33066. 
↑7.6% 
$942.4M
ETH 
$1238.5 
↑11% 
$477.7M
USDT 
$1.0008 
↑0.16% 
$191.6M
DOT 
$17.208 
↑8.2% 
$71.9M
ADA 
$0.3504 
↑15% 
$43.5M
LINK 
$21.673 
↑18% 
$42.1M
USDC 
$0.9999 
↑0.0% 
$33.8M
LTC 
$138.08 
↑6.7% 
$31.2M
XRP 
$0.2734 
↑2.0% 
$30.2M
XLM 
$0.2713 
↑8.0% 
$12.0M
BCH 
$442.24 
↑5.8% 
$11.7M
XTZ 
$2.9301 
↑19% 
$11.1M
FIL 
$22.312 
↑4.9% 
$9.14M
BAT 
$0.3151 
↑29% 
$6.01M
CRV 
$1.9714 
↑17% 
$5.88M
GRT 
$0.5132 
↑18% 
$5.88M
DAI 
$1.0010 
↑0.05% 
$4.8M
XMR 
$136.27 
↑4.5% 
$4.66M
ATOM 
$8.0342 
↑12% 
$4.61M
YFI 
$30902. 
↑11% 
$4.2M
AAVE 
$191.08 
↑19% 
$4.14M
EOS 
$2.6281 
↑3.4% 
$3.74M
UNI 
$8.7294 
↑15% 
$3.39M
KSM 
$104.36 
↑12% 
$3.09M
DASH 
$105.16 
↑5.4% 
$3.07M
SNX 
$14.293 
↑16% 
$2.89M
ALGO 
$0.5113 
↑11% 
$2.84M
MANA 
$0.1591 
↑35% 
$2.5M
WAVES 
$6.4166 
↑7.4% 
$2.4M
NANO 
$3.1765 
↑8.8% 
$2.37M
ZEC 
$87.254 
↑5.3% 
$2.22M
TRX 
$0.0286 
↑3.9% 
$1.72M
XDG 
$0.0085 
↑4.9% 
$1.68M
OMG 
$3.3686 
↑5.4% 
$1.53M
KAVA 
$2.1509 
↑7.4% 
$1.5M
ICX 
$0.7122 
↑2.0% 
$1.29M
KNC 
$1.3653 
↑1.3% 
$1.27M
QTUM 
$2.9308 
↑7.0% 
$1.23M
MLN 
$45.934 
↑0.3% 
$1.21M
OXT 
$0.2868 
↑6.5% 
$1.02M
ETC 
$7.4535 
↑4.6% 
$1.01M
COMP 
$200.21 
↑14% 
$999K
REP 
$21.441 
↑5.1% 
$939K
PAXG 
$1862.9 
↓1.4% 
$912K
KEEP 
$0.2839 
↑1.2% 
$770K
SC 
$0.0045 
↑3.9% 
$736K
BAL 
$20.027 
↑10% 
$356K
LSK 
$1.3446 
↑5.3% 
$294K
STORJ 
$0.3824 
↑7.6% 
$275K
ANT 
$3.5002 
↓2.6% 
$216K
GNO 
$107.08 
↑8.5% 
$213K
REPV2 
$19.036 
↑5.5% 
$155K
TBTC 
$34165. 
↑5.3% 
$55.3K



#####################. Trading Volume by Asset. ##########################################

Trading Volume by Asset


The figures below break down the trading volume of the largest, mid-size, and smallest assets. Cryptos are in purple, fiats are in blue. For each asset, the chart contains the daily trading volume in USD, and the percentage of the total trading volume. The percentages for fiats and cryptos are treated separately, so that they both add up to 100%.

Figure 1: Largest trading assets: trading volume (measured in USD) and its percentage of the total trading volume (January 22 2021)



Figure 2: Mid-size trading assets: (measured in USD) (January 22 2021)



Figure 3: Smallest trading assets: (measured in USD) (January 22 2021)



#####################. Spread %. ##########################################

Spread %


Spread percentage is the width of the bid/ask spread divided by the bid/ask midpoint. The values are generated by taking the median spread percentage over each minute, then the average of the medians over the day.

Figure 4: Average spread % by pair (January 22 2021)



.


#########. Returns and Volume ############################################

Returns and Volume


Figure 5: Returns of the four highest volume pairs (January 22 2021)


Figure 6: Volume of the major currencies and an average line that fits the data to a sinusoidal curve to show the daily volume highs and lows (January 22 2021)



###########. Daily Returns. #################################################

Daily Returns %


Figure 7: Returns over USD and XBT. Relative volume and return size is indicated by the size of the font. (January 22 2021)



###########. Disclaimer #################################################

The values generated in this report are from public market data distributed from Kraken WebSockets api. The total volumes and returns are calculated over the reporting day using UTC time.

Source: https://blog.kraken.com/post/7570/kraken-daily-market-report-for-january-22-2021/

Blockchain

Dogecoin ($DOGE) Developers Announce Update For Internet’s Favorite Meme Cryptocurrency

Developers for dogecoin, the internet’s favorite meme crypto-asset, have announced a new update to the protocol that will speed up synchronization speeds and mempool caching.

Avatar

Published

on

Developers for dogecoin, the internet’s favorite meme crypto-asset, have announced a new update to the protocol that will speed up synchronization speeds and mempool caching. Checkout PrimeXBT
Source: https://www.cryptoglobe.com/latest/2021/03/dogecoin-doge-developers-announce-update-for-internets-favorite-meme-cryptocurrency/

Continue Reading

Blockchain

UK Budget Avoids Tax Hikes for Bitcoin Gains

Avatar

Published

on

U.K.’s finance minister Rishi Sunak has announced a generous budget to steer the economy through the COVID-19 crisis. The capital gains tax rates were unchanged, easing fears of a tax hike among crypto investors.

UK Budget Delays Tax Hike

Rishi Sunak said that he would do “whatever it takes” to support the economy in the crisis and begin fixing public finance in terms of debt.

The budget deficit, the difference between the government’s earnings and borrowings, for the last year soared above $377 billion (£270 billion). These figures are the highest since world war II. The government’s debt from the central bank has seen an unprecedented increase in money printing. 

After inflation woes, Bitcoin and crypto investors’ concerns revolved around a potential hike in the capital gain tax (CGT) rate. However, the British finance minister has kept the CGT rates—10% for taxable income below $69,874.00 (£50,000) and 20% for higher amounts—and other income tax and VAT rates as it is.  

The corporate tax will be increased from 19% to 25% in 2023.

Sunak announced a freeze in the income tax threshold to current levels for 2021, keeping the personal allowance to $17468.50 (£12,500) this year, and announced an increase of $27,95 (£20) to $17,570 (£12,570) for the next five years.

British citizens looking forward to extending the $24.1 per week Universal Credit for another six months were not disappointed. The government will continue to fund the furlough scheme to support employees and public grants till September.

The finance minister predicts in the UK budget announcement that the nation’s economy would return to pre-crisis levels by mid-2022.

Disclosure: The author held Bitcoin at the time of press. 

Checkout PrimeXBT
Trade with the Official CFD Partners of AC Milan
Source: https://cryptobriefing.com/uk-budget-avoids-tax-hikes-bitcoin-gains/

Continue Reading

Blockchain

Kings of Leon are releasing an album as an NFT

Kings of Leon returns after a four-year break with an exclusive album NFT sale.

Avatar

Published

on

Continue Reading

Blockchain

Dan Larimer’s newest project is another attempt at decentralized social media

The former founder of Steemit and Block.one is tackling social media once more.

Avatar

Published

on

Continue Reading
Blockchain1 hour ago

Dogecoin ($DOGE) Developers Announce Update For Internet’s Favorite Meme Cryptocurrency

Blockchain1 hour ago

UK Budget Avoids Tax Hikes for Bitcoin Gains

Blockchain1 hour ago

Kings of Leon are releasing an album as an NFT

Blockchain2 hours ago

Dan Larimer’s newest project is another attempt at decentralized social media

Blockchain2 hours ago

Crypto Analyst: BTC Hit Relative Low For Now, Rally to $54K Likely

Blockchain2 hours ago

Ark Invest CEO Cathie Wood Addresses Bitcoin FUD

Blockchain3 hours ago

SigmaUSD – Ergo’s Community Deployed Stablecoin Is Live!

Blockchain3 hours ago

Blockchain3 hours ago

Blockchain3 hours ago

Blockchain3 hours ago

Blockchain3 hours ago

Blockchain3 hours ago

Bitcoin Cash Fluctuates Between $445 and $560 as Bulls and Bears Reach Equilibrium

Aviation3 hours ago

Ryanair Pledges To Support Sustainable Aviation Fuels

Blockchain3 hours ago

Blockchain3 hours ago

Blockchain3 hours ago

Blockchain3 hours ago

Blockchain3 hours ago

The reformed Bitcoin Maxi who saw the light: Erik Voorhees

Aerospace3 hours ago

Aeroforma expands sheetmetal aerospace parts production

Blockchain3 hours ago

Blockchain3 hours ago

Crypto Analysts Warn About a Possible Bull Trap As Bitcoin Price Rises Above $52K

Blockchain3 hours ago

Loopring Celebrates 1 Million Transactions, But L2 Scaling Might Be Too Little Too Late

Blockchain4 hours ago

TrueUSD Announced Its Launch on the Avalanche Ecosystem

Blockchain4 hours ago

How can Tether fuel a shift in Bitcoin’s regional dominance?

Aviation4 hours ago

Electric Aircraft Are Coming, Just Not as Soon As You Think

Aviation4 hours ago

Singapore Airlines Opens Training Facilities To Local Business

Blockchain4 hours ago

Brave acquires search engine in bid to offer alternative to Google Search

Blockchain4 hours ago

Cardano (ADA) up 600% Year-to-Date as Google Searches for It Skyrocket

Aviation4 hours ago

Air Canada Express Move Prompts Sky Regional Airlines Closure

Trending