Recent trends in cryptocurrency markets reveal a marked increase in the relevance of XRP, especially among U.S.-based exchanges. A comprehensive report by Kaiko indicates that since November, XRP’s trading volumes have outpaced those of other cryptocurrencies. This notable growth aligns with broader market developments and the recent earnings figures released by Coinbase, showcasing XRP’s newfound
Exchanges
The landscape of cryptocurrency exchanges is as volatile as the digital currencies they handle. Recently, Changpeng Zhao, the founder and former CEO of Binance, had to clarify rumors surrounding the exchange’s ownership status. Following speculation that Binance was on the verge of being sold or seeking a significant buyer, Zhao took to social media on
In a significant development for the cryptocurrency exchange Bybit, CEO Ben Zhou announced that the platform has successfully navigated its way off the blacklist imposed by France’s financial watchdog, the Autorité des Marchés Financiers (AMF). This affirmation of compliance marks the culmination of a rigorous two-year effort to address various regulatory concerns that had previously
As we delve into the state of cryptocurrencies, one company continues to illuminate the path forward—Coinbase. The exchange has firmly etched itself into cryptocurrency’s narrative, and its recent financial performance reaffirms its pivotal role in the sector’s growth and evolution. In Q4 2024, Coinbase reported a staggering $2.3 billion in revenue—a remarkable statistic that not
In an extraordinary display of market resilience, Robinhood has reported an astonishing 400% increase in crypto trading volume during the final quarter of the year, reaching a staggering $70 billion. This dramatic resurgence is largely attributed to a revitalized interest from retail investors, motivated by Bitcoin’s bullish sprint past the $100,000 mark and a general
The CME Group has recently unveiled impressive statistics for the fourth quarter of 2024, highlighting an extraordinary increase in the trading volumes of cryptocurrency derivatives. This notable surge points to a heightened appetite from both institutional and retail investors for regulated products in the digital asset space. With an average daily trading volume nearing $10
In 2024, cryptocurrency trading witnessed a substantial resurgence, with centralized exchanges reporting a colossal $18.83 trillion in trading volumes, as unveiled by a recent study conducted by CoinGecko. This figure, which reflects a staggering 134% increase from the previous year’s $8.05 trillion, signals not just the return of investor interest but also a striking evolution
Crypto.com recently announced a significant milestone by officially launching its crypto asset services across all countries within the European Economic Area (EEA). This development was shared via a post on February 12, highlighting the exchange’s commitment to enhancing its presence in the crucial European market. With the recent acquisition of a full Markets in Crypto-Assets
The legal landscape surrounding cryptocurrency regulation in the United States took an intriguing turn as the US Securities and Exchange Commission (SEC) and crypto exchange Binance filed a joint request to suspend their lawsuit for 60 days. This development, revealed in a filing dated February 10, signifies a changing dynamic between regulators and the platforms
The cryptocurrency exchange Gemini is reportedly contemplating an initial public offering (IPO) that could occur within this year, according to insights from Bloomberg News. While specific details remain under wraps, the Winklevoss twins, Cameron and Tyler, who established Gemini, are evaluating potential advisers for this significant move into the public market. The exact timing and