Crypto

Smaller Investors Creep Back Toward Crypto

Published

2 years ago

February 19, 2024

Smaller Investors Creep Back Toward Crypto

Everyday investors are returning to cryptocurrency, though with less enthusiasm than before.

That’s according to a Sunday (Feb. 18) report by Bloomberg News, which notes that the largest American crypto exchange, Coinbase, saw a 60% year-over-year jump in consumer transaction revenue during its most recent quarter, and a 80% increase from quarter to quarter.

Meanwhile, the report said, Robinhood, which is focused on retail users, saw crypto notional volumes jump by 242% in December from a year ago.

The report argues these are the latest indicators that “mom-and-pop” crypto enthusiasts, who lost billions when the market plummeted in 2022, could be returning to the space in the wake of last month’s launch of U.S. exchange-traded funds investing directly in Bitcoin.

Bitcoin’s price has more than doubled in the last year, and the thought of it climbing even higher may be making consumers forget how volatile crypto can be, the report said.

“There are signs that the retail audience is starting to get back into the market, but not nearly to the extent of the last bull market yet,” Kyle Doane, a trader at Arca, told Bloomberg. “Even crypto stocks like COIN and miners are exhibiting more volatility than many tokens.”

As PYMNTS wrote last week, Coinbase’s 2023 fiscal year numbers — when put up against its fourth quarter financial results — underscored the difference a year can make in the crypto landscape: The company’s 2023 transaction revenue was $1.5 billion, down 36% year over year, and total trading volume was $468 billion, down 44% from the previous year.

Consumer trading volume for the full year 2023 was $75 billion, down 55% YoY, and institutional trading volume was $393 billion, down 41% YoY. The key driver of these declines was “multi-year lows in crypto asset volatility,” executives told investors.

However, “the exchange’s Q4 numbers told a more positive story about the crypto ecosystem,” that report said.

Coinbase’s Q4 consumer transaction revenue came to $493 million, a 79% increase quarter over quarter, while the exchange’s Q4 consumer trading volume was $29 billion, up 164% from the previous. That’s notably better than the U.S. spot market, which rose 90% over the same period, executives noted.

“Most customers on our platform own multiple crypto assets, not just bitcoin,” Coinbase CFO Alesia Haas told investors.

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Crypto

XRP Drops Hard as Key Zone Breaks During Broad Crypto Sell-Off

Published

6 hours ago

January 19, 2026

Press Room

XRP slid sharply below key support as a broad crypto sell-off intensified, wiping out leveraged positions, driving extreme oversold signals, and exposing mounting macro and regulatory stress that continues to weigh on digital asset prices.

Crypto

Bitcoin Long Signal That Preceded 370% Move Is About To Go Off Again — What To Know

Published

18 hours ago

January 18, 2026

Press Room

Bitcoin Long Signal That Preceded 370% Move Is About To Go Off Again — What To Know

Going into the weekend, the price of Bitcoin was unable to sustain the bullish momentum it displayed earlier in the past week. Since Friday, January 16th, the world’s leading cryptocurrency, repudiated by the price resistance above, now trades in a tight consolidatory bracket. Interestingly, this period of silence has been deemed transient, as recent on-chain data suggests an exciting time ahead for the BTC price.

Kimchi Premium Flips Positive As Local Demand Sees Buildup

In a January 17 post on the X platform, DeFi asset management platform XWIN Finance released an on-chain report, which suggests that Bitcoin might be closer to reaching a turning point than is apparent in its price action.

This hypothesis is based on the Bitcoin Kimchi Premium indicator. This measures the percentage difference between a cryptocurrency’s price (in this case, Bitcoin) on South Korean exchanges and its price on global exchanges. Simply put, it shows how much more Korean traders are willing to pay for Bitcoin.

When the Kimchi Premium transitions steadily from low or negative levels to cross above historically significant levels, this is typically viewed as a long signal from the metric. This interpretation is because a rising Kimchi Premium reflects growing local demand in South Korea, usually often influenced by retail buyers.

In essence, Korean buyers are willing to pay more for Bitcoin, hence overwhelming the available supply and consequently pushing prices upwards.

In the post on X, XWIN Finance highlighted that this long signal had been sighted on the indicator. History also attests to the bullish significance of this signal; there have been major price moves to the upside following sustained increases in the Kimchi Premium.

An example is the last sighting of the long signal in October 2023, where the index rose above a major threshold, as shown in the chart above. The price of Bitcoin witnessed a 370% rally after this signal went off in 2023.

According to XWIN Research, this same pattern seems to be playing out again in 2026. Hence, if the Kimchi Premium completes its long-signal formation, it could be a sign that buyers are occupying favourable positions for a bullish ride.

If history does repeat itself, the Bitcoin price could be on track to witness another exciting voyage, with the flagship cryptocurrency possibly putting in a more than 300% surge in the next cycle.

However, it is worth noting that macro conditions, institutional demand, and derivatives activity would be playing their roles to augment the pattern’s plausibility, as it should not be viewed as a standalone bullish sign.

Bitcoin Price At A Glance

As of this writing, the price of BTC stands at around $95,280, reflecting no significant change in the past 24 hours.

Crypto

The October Flush Is Over: Grayscale Says Deleveraging No Longer Pressuring Crypto Valuations

Published

1 day ago

January 18, 2026

Press Room

The October Flush Is Over: Grayscale Says Deleveraging No Longer Pressuring Crypto Valuations

Crypto prices are shedding October’s leverage overhang, with Grayscale seeing derivatives stability, easing supply pressure, and strengthening fundamentals that leave the market positioned for upside as regulatory and institutional forces take hold.