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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Binance and the US Securities and Exchange Commission (SEC) have jointly filed a motion to pause the latter’s lawsuit against the crypto exchange for 60 days. This action follows the recent appointment of Chairman Mark Uyeda, who assumed leadership of the SEC last month. The motion references the SEC’s newly established crypto task force as
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A Bitcoin miner has successfully mined Block 883,181, securing a reward of approximately $310,000. The miner, who operated independently without the backing of a major mining company, solved the cryptographic puzzle required to validate transactions and add a new block to the Bitcoin blockchain. Crypto journalist Pete Rizzo first reported the rare event on X,
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On Feb. 11, Uniswap announced the launch of Unichain, its Ethereum layer-2 solution, marking its first foray into the crowded L2 ecosystem. You can swap, bridge, and provide liquidity on Unichain directly from the Uniswap web app and in the latest version of the wallet, the platform explained. Unichain boasts a number of performance improvements
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Ethereum’s ‘ultra sound money’ narrative has been losing strength recently, as its total supply has hit an all-time high, and the staking ratio has declined by 1% since last November. However, despite these unfavorable supply-side conditions, new data suggests that ETH still holds strong potential for an upward movement. According to CryptoQuant’s latest analysis, there
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Strategy, the Nasdaq-listed largest corporate holder of bitcoin, which rebranded last week, has resumed its accumulation spree after a weekly hiatus. Co-founder and former CEO Michael Saylor announced the latest purchase on X earlier today. $MSTR has acquired 7,633 BTC for ~$742.4 million at ~$97,255 per bitcoin and has achieved BTC Yield of 4.1% YTD
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Brian Armstrong and Tyler Winklevoss have celebrated the defanging of the Consumer Financial Protection Bureau (CFPB) following recent actions taken by the agencys new leadership. Coinbase has reportedly been the subject of more CFPB complaints than any other exchange. The agencys newly appointed chief, Russell Vought, selected by President Donald Trump, has ordered the closure
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The Financial Services Agency (FSA) of Japan is planning to recognize crypto assets as financial products equivalent to securities. As such, the agency has reportedly initiated discussions within a closed study group comprising experts to assess the current regulatory framework governing crypto assets. According to a report by ‘The Nikkei’ on February 10, the FSA
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Recent price decline action has seen Dogecoin rebounding at a recent multi-month low after the entire market started last week on a liquidation stretch. However, technical analysis from analyst Trader Tardigrade suggests that Dogecoin may have already established its cycle bottom before the next price surge. The cryptocurrency market faced a significant downturn last week,
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According to data from CoinMarketCap, XRP recorded a substantial price decline in the past trading week losing 16.78% of its market value. Currently, the prominent altcoin finds itself in a consolidation zone potentially gathering momentum for its next breakout. In a recent X post, popular digital asset expert Egrag Crypto shared a technical analysis of
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Bitcoin price is consolidating above the $95,000 support zone. BTC is struggling and might slip further unless there is a close above $98,800. Bitcoin price failed to continue higher above the $100,500 zone. It started another decline below the $98,500 zone. BTC gained bearish momentum for a move below the $98,000 and $96,000 levels. There
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