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Crypto derivatives trading became bigger than ever in March, but its share in the total market activity declined for the sixth consecutive month, according to London-based digital assets data provider CCData. Trading volume in futures and options tied to cryptocurrencies on centralized exchanges rose 86.5% to a record high of $6.18 trillion, translating to three
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Cryptocurrency trading volume cooled in April, registering the first decline in seven months as escalating geopolitical tensions and slower inflows into U.S.-listed spot ETFs weighed over the digital assets market. The cumulative volume in spot and derivatives markets fell by 43.8% to $6.58 trillion, a sharp retracement from Marchs record high of $9.12 trillion, according
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The Venice AI token (VVV) is the most discussed cryptocurrency across social networks, followed closely by Toshi (TOSHI), Bitcoin (BTC), Ripple (XRP), Swiftcoin (SWFTC), and Toncoin (TON). According to market intelligence platform Santiment, discussions about VVV have primarily revolved around its rapid market cap growth, exchange listings, and airdrop announcements. Venice AI, a privacy-focused artificial
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Elon Musk-owned electric vehicle maker Tesla reported a $600 million gain on its Bitcoin holdings in Q4, benefiting from a new accounting rule that allows companies to adjust digital asset valuations quarterly based on market prices. According to Arkham Intelligence, Tesla holds 11,509 BTC, currently worth approximately $1.19 billion. However, the company did not explicitly
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Chris Dixon, founding partner at a16z Crypto, claims that misguided regulations fueled the meme coin explosion witnessed in 2024. The venture capitalist criticized the Biden administrations approach to digital assets, arguing that its restrictive policies stifled real innovation and left the market with mostly speculative tokens. Speaking to prominent crypto journalist Laura Shin on the
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Crypto derivatives trading became bigger than ever in March, but its share in the total market activity declined for the sixth consecutive month, according to London-based digital assets data provider CCData. Trading volume in futures and options tied to cryptocurrencies on centralized exchanges rose 86.5% to a record high of $6.18 trillion, translating to three
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Risk assets faced a meltdown caused by rising concerns over a Chinese artificial intelligence (AI) model created by the AI startup DeepSeek. This model, dubbed R1, rivals o1, another one created by the American AI research company OpenAI. At the time of writing, DeepSeeks AI assistant had dethroned ChatGPT as the most downloaded free app
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Four leading cryptocurrency exchanges have recently secured full licenses under the European Union’s Markets in Crypto-Assets Regulation (MiCA). MiCA, which became effective on December 30, 2024, provides a unified regulatory framework for crypto-asset service providers (CASPs) operating across the European Economic Area (EEA). Crypto.com announced on January 27 that its Malta entity received a MiCA
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XRP price started a strong increase above the $2.850 zone. The price is now correcting gains and showing positive signs above $3.00. XRP price started a fresh increase from the $2.650 zone, outperforming Bitcoin and Ethereum. The price rallied above the $2.85 and $3.00 resistance levels. It even surged above $3.050. A high was formed
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Brian Armstrong, who heads the largest crypto exchange in the United States, Coinbase, has suggested a rethink of the companys token listing process to respond to the incredibly high number of digital currencies being created every week. According to the crypto executive, approximately one million tokens are launched weekly, making it impossible to evaluate each
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