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About ARENA

The Arena (ARENA) is a cryptocurrency launched in 2024. ARENA has a current supply of 10.00Bn with 0 in circulation. The last known price of ARENA is 0.010908405519 USD and is 0.000410803466 over the last 24 hours. It is currently trading on active market(s) with $263,210.89 traded over the last 24 hours. More information can be found at .
ARENA Price Statistics
ARENA’s Price Today
24h Price Change
+$0.0004108034663.91%
24h Volume
$263,210.8940.12%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#3052
ARENA Market Cap
Market Cap
$0
Fully Diluted Market Cap
$109.08M
ARENA Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
ARENA Supply
Circulating Supply
0
Total Supply
10.00Bn
Max Supply
10.00Bn
Updated Nov 13, 2024 12:52 am
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ARENA
The Arena
$0.010908405519
$0.000410803466(+3.91%)
Mkt Cap $0
There's nothing here for now
Binance Commands 27.7% of Spot Market and Tops CCData with AA Rating in Liquidity and Depth
Binance Commands 27.7% of Spot Market and Tops CCData with AA Rating in Liquidity and Depth
Binance has cemented its position as a leader in the cryptocurrency market, capturing 27.7% of the total spot trading volume over the past six months, according to the latest CCData report. Among the top 10 spot exchanges, Binance outshines all competitors, with its volume share exceeding that of other major exchanges. Collectively, other exchanges contribute to over 50% of the spot market volume, with Binance taking the lion’s share.Binance Leads in BTC and ETH Order Book DepthThe report further highlights Binance’s unparalleled depth in BTC and ETH order books, with $350 million in liquidity across USDC and USDT pairs. This 5% depth level for Bitcoin and Ethereum pairs positions Binance ahead of competitors like Kraken and Bitfinex, which have concentrated liquidity primarily in USD pairs, with approximately $154 million in depth each. Binance’s extensive depth across USD-stable pairs demonstrates its market-leading liquidity and capacity to support high-volume trades.Top Rating in CCData’s Exchange BenchmarkIn addition to its market share and liquidity dominance, Binance has achieved an AA rating in CCData’s latest Exchange Benchmark, a significant improvement from previous rankings. Binance earned the highest possible grade as the leading centralized spot exchange and also secured an AA rating as the top derivatives exchange. This recognition further solidifies Binance’s status as a trusted platform for both spot and derivatives trading, reflecting its commitment to market depth, security, and high standards in exchange services. 
Nov 13, 2024 12:25 am
MicroStrategy's Bitcoin Strategy Faces Economic Uncertainty
MicroStrategy's Bitcoin Strategy Faces Economic Uncertainty
According to Finbold, MicroStrategy (NASDAQ: MSTR) has recently expanded its Bitcoin (BTC) holdings by purchasing an additional 27,200 BTC for approximately $2.03 billion, bringing its total to 279,420 BTC. This move aligns with the company's strategy to transform into a Bitcoin bank, offering various financial products. However, independent analyst Gert van Lagen has raised concerns about the sustainability of this approach, particularly in the event of a recession. Lagen suggests that an economic downturn could force MicroStrategy to sell its Bitcoin holdings, potentially impacting both the company and the broader cryptocurrency market. He warns that holding such a large amount of Bitcoin is unsustainable for a company of MicroStrategy's size and could lead to liquidation if economic conditions worsen. The company's aggressive Bitcoin acquisition strategy has been financed through convertible notes and significant debt, drawing both admiration and criticism. Economist Peter Schiff, a known Bitcoin skeptic, has criticized MicroStrategy's approach, highlighting the risks associated with its cyclical strategy. Schiff argues that the company's reliance on borrowing and issuing shares to purchase more Bitcoin could lead to a collapse if Bitcoin's value declines, preventing MicroStrategy from meeting its financial obligations. Despite these concerns, MicroStrategy's executive chairman Michael Saylor defends the strategy, citing a BTC yield of 26.4% or 157.5 BTC per day, achieved without operational costs. MicroStrategy's stock has surged alongside Bitcoin's rally to a record high of approximately $90,000, with the company's shares valued at $348, reflecting a 0.6% increase in the past 24 hours and a 31% rise over the past week. Year-to-date, MicroStrategy has outperformed the S&P 500 index, with gains of 408%, sparking discussions on whether other S&P 500 companies should adopt a similar Bitcoin strategy. Notably, some investors, including billionaire George Soros, missed out on the momentum after selling their holdings in the company earlier. The situation underscores the potential volatility and risks associated with MicroStrategy's Bitcoin-centric approach, as well as the broader implications for the cryptocurrency market and traditional financial sectors.
Nov 13, 2024 12:25 am

Frequently Asked Questions

  • What is the all-time high price of The Arena (ARENA)?

    The all-time high of ARENA was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of The Arena (ARENA) is 0. The current price of ARENA is down 0% from its all-time high.

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  • How much The Arena (ARENA) is there in circulation?

    As of , there is currently 0 ARENA in circulation. ARENA has a maximum supply of 10.00Bn.

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  • What is the market cap of The Arena (ARENA)?

    The current market cap of ARENA is 0. It is calculated by multiplying the current supply of ARENA by its real-time market price of 0.010908405519.

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  • What is the all-time low price of The Arena (ARENA)?

    The all-time low of ARENA was 0 , from which the coin is now up 0%. The all-time low price of The Arena (ARENA) is 0. The current price of ARENA is up 0% from its all-time low.

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  • Is The Arena (ARENA) a good investment?

    The Arena (ARENA) has a market capitalization of $0 and is ranked #3052 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze The Arena (ARENA) price trends and patterns to find the best time to purchase ARENA.

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