Tether (USDT) Loses Ground on Centralized Exchanges, Down to 74% Market Share
In 2024, tether USDT’s market share on centralized exchanges (CEXs) dropped from 82% to 74% per Kaiko’s estimates. Even with several high-profile collapses.
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Upbit Emerges as South Korea’s Dominant Crypto Exchange with an 80% Market Share
Upbit, a Seoul-based exchange located in the upscale Gangnam district, has captured the majority of the South Korea’s crypto market. The platform currently.
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Kraken Launches Dedicated Institutional Division, Eyes Bitcoin ETF Market Share
Kraken, the crypto exchange, has unveiled a new dedicated institutional division, as it vies for a share in the spot Bitcoin exchange-traded fund.
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Crypto Exchange Binance Has Recovered Its Market Share Two Months After DOJ Settlement
DOJ settlement and CZ’s departure pulled down Binance’s market share to around 32%; however, the crypto exchange has made a quick recovery back.
Blockchain News
Why Huobi’s Volume Spike Has Raised Eyebrows
Huobi Witnesses Transaction Volume Surge Amid Mixed Signals Recent data reveals a significant surge in transaction volume for Huobi (HT), a development that.
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Binance Market Share Declines Amid Regulatory Challenges, US Affiliate Also Impacted
Binance, the leading global cryptocurrency exchange, and its US counterpart, Binance.US, have encountered significant hurdles throughout the year. Intensified regulatory scrutiny in various.
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Binance’s Spot Trading Volume Drops to Second-Lowest Since 2021 as Crypto Market Cools Down
Leading cryptocurrency exchange Binance saw a 48% fall in its spot trading volume last month, marking the platform’s second straight month of declines..
Blockchain News
Will USDC Succeed Amidst Circle’s Efforts to Revamp? What the Data Suggests
USDC Coin [USDC] was the most troubled stablecoin when its Silicon Valley Bank (SVB) holdings failed. Despite the challenges that USDC has faced,.
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US Dollar Suffering ‘Stunning Collapse,’ Losing Reserve Status Due to Currency Weaponization: Report
The US dollar’s worldwide dominance is apparently diminishing at an exponential rate, with countries stepping away after seeing how the US utilized the.
Bitcoin News
Bitcoin’s Dominance Knocked By ETH’s Post-Shapella Rally
Following this week’s Shapella upgrade, Ether $2,107 prices have surpassed the psychological $2,000 milestone, which has led to a fall in Bitcoin’s $30,813.
