Coinbase Report: Ethereum tops Bitcoin in trading volume for second quarter in a row

Coinbase Report:  Ethereum tops Bitcoin in trading volume for second quarter in a row

According to Coinbase’s earnings report for Q3 2021, Ethereum has once again toppled Bitcoin in terms of trading volume for the second quarter straight.

The "Key Metrics" section of the report showing the company’s trading volume percentages revealed that Ethereum took 22% of the overall trading volume on the platform in Q3, while Bitcoin settled for only 19%. Other crypto assets made up the remaining 59%.

The retail trading volume on Coinbase in Q3 was $93 billion, a 36% decrease from the volume in Q2. This decline correlated with the overall volume decline on both derivatives and spot markets, according to the report. Meanwhile, retail accounted for 28% of the total trading volume.

Coinbase insists that the main reason behind the decline in trading volume is the minimized volatility in the market. The role of volatility in the distribution of funds cannot be underestimated, as retail traders are mostly in pursuit of short-term profits.

Although Bitcoin is currently in second place in terms of trading volume, it still holds first place in terms of assets held on Coinbase. 42% of all the funds on the platform are in Bitcoin, with only 22% in Ethereum. This is largely because most trading pairs are tied to BTC and cannot be traded without it.

Read more

Michigan Joins State Crypto Policy Wave With Bills on Mining, CBDCs and Retirement Funds

Michigan Joins State Crypto Policy Wave With Bills on Mining, CBDCs and Retirement Funds

Michigan lawmakers introduced four cryptocurrency bills on May 21, 2025, according to Cointelegraph. The legislative package addresses pension fund investments, central bank digital currency restrictions, Bitcoin mining at abandoned wells, and related tax policies. State Pension Fund Bitcoin Investment House Bill 4510, introduced by Representative Bill Schuette, would permit Michigan&

By Albert Morgan
97th Reason For National Bitcoin Reserve: Reliable On-Off Ramps Help Businesses Compete Internationally

97th Reason For National Bitcoin Reserve: Reliable On-Off Ramps Help Businesses Compete Internationally

Government-backed cryptocurrency infrastructure fundamentally changes how businesses operate across borders. When nations establish formal partnerships with exchanges and payment processors, they create predictable conversion pathways between Bitcoin and local currencies. This infrastructure allows exporters to receive payments instantly from anywhere, while e-commerce platforms can accept global customers without traditional banking

By Albert Morgan