The total trade activity on centralized exchanges reached an all-time high of $11.3 trillion, up 7.58%, according to the report by CCData. Record Numbers for Spot and Derivatives Trading The overall spot and derivative trading volume for centralized crypto exchanges (cexes) hit a record high of $11.3 trillion in Dec. 2024. According to market data […]
A publicly traded company on the Toronto Stock Exchange (TSX), Goodfood Market Corp., has announced plans to adopt a bitcoin treasury strategy. The initiative aims to “strengthen its balance sheet and create long term shareholder value.” Canada’s Leading Online Grocer Goodfood Adds Bitcoin to Its Plate in Bold Treasury Strategy The Montreal-based Canadian online grocery […]
The local listing of bitcoin ETFs is being weighed by the Thailand SEC which would make them accessible to both individuals and institutions. Thailand Looking to Adopt Bitcoin ETFs The listing of bitcoin exchange-traded funds (ETFs) is being contemplated by Thailand’s Securities and Exchange Commission (SEC). The Secretary-General of the regulatory body, Pornanong Budsaratragoon, confirmed […]
This week, Senator Cynthia Lummis raised concerns about the U.S. Marshals Service’s management of seized bitcoin, calling for transparency and questioning the decision to liquidate nearly 70,000 BTC, worth billions. Government Bitcoin Sale Questioned by Wyoming Senator In a letter addressed to U.S. Marshals Service Director Ronald Davis, Senator Cynthia Lummis scrutinized the agency’s track […]
On Thursday, the decentralized exchange (dex) and automated market maker (AMM) Uniswap revealed that transaction volumes on the platform’s layer two (L2) solutions have surpassed the $500 billion threshold. Half a Trillion and Counting: Uniswap’s Layer 2 Expansion Shatters Records Since its debut on Ethereum mainnet on Nov. 2, 2018, Uniswap has significantly evolved, expanding […]
Santori made the announcement on Wednesday and said he would remain at the company in a senior advisory role, amid rumors that he will soon seek a position in the Trump administration. Kraken’s Chief Legal Officer Calls It Quits After Five Years Marco Santori, chief legal officer at cryptocurrency exchange Kraken announced his resignation on […]
Towards the close of 2024, the cryptocurrency market experienced a notable transformation, reaching a total market capitalization of around $3.908 trillion on December 17. This increase was largely fueled by Bitcoin’s ascent past $100,000 for the first time, a development significantly influenced by the approval of spot Bitcoin ETFs in the United States. It was […]
The South Korean Financial Intelligence Unit (FIU) has ordered Upbit to temporarily halt services for new users after finding numerous violations of the Specific Financial Transaction Information Act. South Korean Crypto Industry Watches Upbit Case Closely South Korea’s Financial Intelligence Unit (FIU) has reportedly ordered Upbit, one of the country’s largest cryptocurrency exchanges, to halt […]
On Thursday, the cryptocurrency market experienced a slight uptick over the past 24 hours, with litecoin (LTC) emerging as one of the day’s standout performers, achieving double-digit gains against the U.S. dollar. Litecoin Shines In its earlier years, spanning 2013 through 2017, litecoin (LTC) held a commanding presence in the crypto rankings, maintaining a position […]
The crypto market is heating up again, with XRP and Solana soaring in the past 24 hours. Meanwhile, investors are piling into the Solaxy presale, aiming to get early exposure to this new Layer-2 scaling solution ahead of the next bull run. XRP Price Defies SEC, Solana Soars on ETF Speculation XRP isn’t letting the […]