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 […]

Crypto spot trading surpasses May 2021 peak, fueling $11.3t activity: CCData

In December, crypto trading on centralized exchanges hit $11.3 trillion, with spot volumes blowing past the May 2021 peak as volatility spiked. December was a huge month for crypto trading on centralized exchanges as spot and derivatives volumes combined jumped 7.58% to a record-breaking $11.3 trillion, data aggregated by CCData shows. Spot trading hit $3.73 […]

BitMEX’s Hayes predicts Bitcoin to peak soon as Fed’s tools near exhaustion

The Federal Reserve’s quantitative tightening and liquidity measures could drive Bitcoin to a late Q1 peak, BitMEX co-founder Arthur Hayes says. In his latest essay on Jan. 7, BitMEX co-founder Arthur Hayes predicts Bitcoin (BTC) will hit its peak by late March, pointing out the Fed’s challenges in keeping the market stable while pulling $180 […]