The total trade activity on centralized exchanges reached an all-time high of $ 11.3 trillion, up 7.58%, according to the report by CCData. Record Numbers for Spot and Derivatives Trading The overall spot and derivative trading volume for centralized crypto exchanges (cexes) hit a record high of $ 11.3 trillion in Dec. 2024. …
Spot Bitcoin ETFs Celebrate 1 Year With $106.82 Billion in BTC Reserves
Two days ago on Jan. 8, spot bitcoin exchange-traded funds (ETFs) and their ether equivalents faced significant outflows, yet the group has amassed a staggering $ 118.56 billion in bitcoin (BTC) and ether (ETH) holdings since their debut on U.S. stock exchanges. From 5.5 Months to 1 Year: Crypto ETFs Reshape Investment Trends With …
Ai-Driven Crypto Research Platform SoSoValue Raises $15 Million Series A to Launch the Investible Spot Index Protocol SSI
PRESS RELEASE. 8 January, 2025 / Singapore – SoSoValue, the leading AI-driven investment research platform, announced today that it has raised $ 15 million in a Series A. This comes on the back of strong growth over the last month, surpassing eight million registered users. This comes as crypto assets continue hitting higher all-time …
QCP Capital Reports Bitcoin Lifted by Spot Demand—What Analysts Are Watching Next
Bitcoin (BTC) enjoyed a 2.20% boost driven by rising spot demand, briefly touching $ 68,000 before settling at $ 67,000, according to Singapore-based digital asset trading firm QCP Capital. The firm highlighted strong options activity and inflows into exchange-traded funds (ETFs), with analysts pointing to a growing wave of optimism in the market. …
South Korea to Form Committee to Review Spot Crypto ETF Plans
South Korea is forming a 15-member public-private committee to address issues in the virtual asset market and explore cryptocurrency legislation. The committee will include government officials and representatives from the legal profession, academia, and the virtual asset industry. One of its key roles will be to evaluate South Korea’s plans for spot cryptocurrency ETFs and […]