Crypto exchanges saw nearly $19t in trading volume in 2024, down 25% from 2021 peak
The biggest centralized crypto exchanges moved $18.83 trillion in spot trades last year, but that’s still short of 2021’s record. Some platforms took off in 2024, while others fell behind. Data compiled by crypto price aggregator CoinGecko reveals that Binance led the pack in 2024, holding nearly a 40% market share with $7.35 trillion in […]
2.5M Bitcoin left on crypto exchanges signals “supply shock”
Bitcoin exchange reserves drop to a three-year low, signaling a potential supply shock as institutional buying from ETFs continues. Source link
ZachXBT tracks over $100m in XRP sent to exchanges by Chris Larsen
On-chain investigator ZachXBT reported that Ripple was compromised for approximately 213 million XRP, valued at around $112.5M. In a recent post on X, ZachXBT flagged suspicious Ripple (XRP) transfers worth around $112.5M, which were sent to exchanges from a wallet reportedly activated by Chris Larsen, Co-Founder and Executive Chair of Ripple. ZachXBT discovered that the […]
ai16Z surges over 40% on new partnerships and exchanges listings
ai16Z has recovered from its recent downturn after the project announced new partnerships and exchange listings. ai16Z, the native token of agentic AI project ai16z rose 44% to an intraday high of $1.25 on Jan. 22, bringing its market cap to over $1.35 billion at the time of writing. The price jump was accompanied by […]
Stablecoin inflows to exchanges could push Bitcoin price to ATH
Bitcoin price resumed its bullish trend and neared its all-time high of $108,200 ahead of Donald Trump’s inauguration and after the encouraging U.S. inflation data. Bitcoin (BTC) rose to a high of $105,847, its highest level since Dec. 18, and significantly higher than this week’s low of $82,055. Crypto investors are likely cheering the upcoming […]
Bank of Namibia grants provisional licenses to two crypto exchanges
Namibia’s central bank has granted the first set of provisional licenses to two cryptocurrency exchanges. According to local media, citing a recent media statement from the regulator, the Bank of Namibia has granted provisional authorization to Mindex Virtual Asset Exchange (Pty) Ltd. and Landifa Bitcoin Trade CC to operate as virtual asset service providers. However, […]
Kazakhstan blocks illegal crypto exchanges to combat money laundering
Kazakhstan authorities have blocked over 3,500 illegal cryptocurrency exchanges in a move to address money laundering concerns. According to a recent press release from the AFM RK, the country’s financial watchdog, the regulator liquidated 36 illegal crypto platforms in 2024 with a combined turnover of 60 billion tenge (roughly $112.84 million) and has blocked access […]
Japan’s FSA pushes for stronger internal audits in crypto exchanges
The Financial Services Agency has released its 2024 monitoring report, urging better internal audits and closer scrutiny of crypto exchanges. Japan’s financial regulator has called for stronger internal audits across the entire financial sector, highlighting the need for better oversight, especially for crypto exchanges. In a Dec. 26 press release, the Financial Services Agency said […]
Bitcoin price metrics and ‘influx’ of stablecoins to exchanges hint at rally continuation
Analysts say a “higher than normal influx of stablecoins to exchanges is just one sign that traders are preparing for the next leg of the Bitcoin rally. Source link
Crypto Biz: Exchanges face new legal issues, Goldman Sachs’ clients eye crypto, and more
Crypto exchanges, including KuCoin, Coinbase and Binance, are facing a new wave of regulatory hurdles worldwide. Source link
