Recently approved spot bitcoin exchange-traded funds (ETFs) are likely to divert investor interest and trading volume away from centralized exchanges (CEXs), according to Anthony Bevan, CEO of the wealth management firm Blockguard. Bevan, a full-time trader and investor, added that spot bitcoin ETFs are likely to attract investors who are keen on “more regulated and […]
In the last 100 days, South Korea’s crypto trading activity has experienced a significant upswing. The country’s leading crypto exchanges, Upbit and Bithumb, recorded their highest trading volumes in the initial week of January 2024. Despite the noticeable premium on South Korea’s crypto assets, the most popular traded coins in this region differ from the […]
Per data analysis, decentralized exchange (dex) platforms nearly reached a trillion dollars in trading volume, posting $ 960.69 billion over the past year. Moreover, dex activity in December exceeded the previous 2023 high of $ 132.26 billion, concluding the month with $ 135.86 billion in finalized swaps. Dex Platforms Rise to …
Recent data reveals that South Korea’s crypto trading volume has surged in recent months, with two exchanges, Upbit and Bithumb, contributing over 10% to the global trading volume as of Jan. 4, 2024. Additionally, while the global price for bitcoin hovers around $ 43,356 per unit, in South Korea, it commands a premium, trading …
Recent statistics reveal that in the last week, decentralized exchange (dex) platforms built on Solana have surpassed Ethereum in market performance. Data indicates that Solana-based dex platforms achieved a volume of $ 1.447 billion in the past day, overshadowing the $ 1.282 billion recorded by Ethereum trading platforms. Solana Surges Past Ethereum …