The stablecoin market has reached a record $200 billion in market capitalization, reflecting its rising adoption. Analysts project potential growth to $400 billion by 2025, highlighting its expanding influence in various sectors.
The stablecoin market has reached a total market capitalization of over $200 billion, marking a $10 billion increase in just two weeks.
Crypto exchanges reached over $10 trillion in volume across spot and derivatives markets, according to CCData.
CoinDesk has acquired CCData and CryptoCompare to strengthen its position in digital asset data, enhancing its data capabilities for over 300,000 users.
CoinDesk acquires crypto data provider CCData and CryptoCompare to enhance their existing platform offerings.
Binance's market share has dropped to a low of 36.6% due to regulatory scrutiny and leadership changes, as reported by COINOTAG and CCData.
Binance, the largest cryptocurrency exchange, saw its trading volume drop to 36.6% in September, the lowest in four years, down from 42.7% at the start of 2023. This decline impacts Binance's market share in the $2 trillion digital asset industry.
Tether and the stablecoin sector may face significant interest income losses due to the Federal Reserve's latest rate cuts, a CCData report reveals.
The Fed's recent rate cuts are anticipated to reduce $625M in interest income for the top five centralized stablecoins, according to CCData reports.
Bitcoin whales are increasingly active on Kraken and Coinbase, per analytics firm CCData. Buy orders have surged over 100%.
Ethereum futures volumes decreased in August, while Bitcoin volumes increased, according to CCData.
Recent data shows a significant capital shift from Ethereum to Bitcoin, as revealed by CCData, with Ethereum facing a downturn in August.
The decline in ETH futures trading volumes indicates lower institutional interest following the launch of spot ETH ETFs, according to CCData.
Centralized cryptocurrency exchanges saw a rise in trading volume for the second month, reaching $5.22 trillion, according to CCData's monthly report.
July saw a 19% rise in global crypto trading volume on centralized exchanges, reaching $4.94 trillion, with Binance maintaining market leadership.
Bitget, a leading crypto exchange, showcases its growing market share in a CCData report.
Trading volumes for stablecoins on centralized exchanges reached a seven-month low in June, despite an increase in market capitalization.
Crypto mining stocks have outperformed Bitcoin's price following the latest halving event. Mining stocks like Hut 8 and Bitfarms saw significant gains, while Bitcoin's price stagnated.
Centralized cryptocurrency exchange volumes dropped to $5.27 trillion in May 2024, a 20.1% decline from April. This indicates a continued downtrend following Bitcoin's muted price activity post-April Halving.
CCData's report reveals the stablecoin market cap has soared to $161 billion, reaching its peak since April 2022 after eight consecutive months of growth.
The SEC's potential shift towards approving spot Ethereum ETFs, analyzed by CCData, suggests updated SEC filings, hinting at a game-changing event for the digital asset industry.
In April, centralized exchanges (CEXs) saw a significant 43.8% drop in trading volume, ending a consecutive 6-month increase, with a volume of $6.58 trillion compared to $11 trillion in March.
The cryptocurrency market experienced a 43.8% decrease in trading volume for spot and derivative transactions in April, the first drop in seven months.
CCData reports a 32.6% decrease in crypto spot trading volumes in April, highlighting Bitcoin and Ethereum leading the market dip.
March witnessed a record surge in crypto trading, reaching $9.12 trillion in volume with a 86.5% increase in derivatives trading, even though derivatives' market share continued to decline.
In March, despite reaching a record high trading volume of $6.18 trillion, crypto derivatives saw a decline in their share of total market activity to 67.8%, as reported by CCData.
Trading on centralized crypto exchanges dropped 21.8% in June, marking the third consecutive monthly decline, according to CCData.
