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Ripple’s Victory in Court Drives up Crypto Trading Volumes


Ripple's win against the US Securities and Exchange Commission has boosted crypto trading volumes across spot exchanges. Spot trading volumes on crypto exchanges surged to $16.56 billion on Friday from Wednesday's $12.74 billion, a growth of around 30% in just two days, according to The Block's...

Spot Volumes Rise on Centralized Exchanges but Traffic Falls Further, Report


Spot and futures trading volumes on centralized crypto exchanges (CEXs) have increased in June, a new report shows. At the same time, website traffic to major trading platforms for digital assets continued to decline, according to the study which also tracks its geographical distribution. Spot...

Crypto Exchange Volumes Plummet: Spot Trading takes a hit


The sudden and quick rise in the value of Bitcoin due to ETF investments has not been accompanied by a similar increase in trading volumes. The seven-day average for crypto exchange daily activities decreased from $19.4 billion on June 27 to $14.2 billion on July 8, according to data from The Block...

Redemptions Plague Stablecoin Economy, Wiping Out Over $2 Billion in June


The market capitalization of the stablecoin economy on July 2, 2023, has fallen below the $129 billion mark to the current $128.21 billion, according to statistics. Just over $2 billion in stablecoins have been withdrawn from the stablecoin token economy since May 28. Stablecoin Economy Faces...

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