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The post Coinbase International Witnesses Total Trading Volume Of Over $199 Billion appeared first on Coinpedia Fintech News Coinbase International saw a total trading volume of over $119 billion this past week, averaging nearly $20 billion per day. Remarkably, the weekly total is 124% higher than the previous week’s total, while this past week’s daily average is 164% higher than the previous week’s daily average. The rise of Coinbase International comes after several key expansion strategies the platform has conducted in recent months, including expansion into the European market, where Coinbase proactively aligned with the EU’s MiCA regulations, expansion into the Australian market, doubling the platform’s maximum leverage from 10x to 20x and launching spot markets in late 2023.
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Bitcoin ETFs Witness $338.4 Million Outflow, While Ethereum ETFs Record $53.6 Million Inflow: December 24, 2024 Report
Bitcoin ETFs Experience $338.4 Million Outflow, Ethereum ETFs See $53.6 Million Inflow on December 24, 2024 ————— ????Coin: Bitcoin ( $BTC ) $98,261.20 Ethereum ( $ETH ) $3,491.43 ————— NFA. coinpedia
Solana (SOL) Gearing Up: Is a New Surge on the Horizon?
Solana remained stable above the $175 level. SOL price is now recovering losses and facing hurdles near the $200 and $205 levels. SOL price started a fresh increase after it tested the $175 zone against the US Dollar. The price is now trading above $190 and the 100-hourly simple moving average. There was a break above a connecting bearish trend line with resistance at $185 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if the bulls clear the $205 zone. Solana Price Eyes Upside Break Solana price formed a support base and started a fresh increase from the $185 level like Bitcoin and Ethereum . There was a decent increase above the $190 and $192 resistance levels. There was a break above a connecting bearish trend line with resistance at $190 on the hourly chart of the SOL/USD pair. The pair climbed above $195 and tested the 50% Fib retracement level of the downward move from the $228 swing high to the $175 low. However, the price is now facing many hurdles near $200. Solana is now trading above $190 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $202 level. The next major resistance is near the $208 level or the 61.8% Fib retracement level of the downward move from the $228 swing high to the $175 low. The main resistance could be $215. A successful close above the $220 resistance level could set the pace for another steady increase. The next key resistance is $235. Any more gains might send the price toward the $250 level. Another Decline in SOL? If SOL fails to rise above the $208 resistance, it could start another decline. Initial support on the downside is near the $195 level. The first major support is near the $188 level. A break below the $180 level might send the price toward the $175 zone. If there is a close below the $175 support, the price could decline toward the $162 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $195 and $188. Major Resistance Levels – $208 and $215. coinpedia
