Centralized Crypto Exchanges Report Drop in Trading Volumes in April
First quarter of the year, exchanges increased trading But after the recent downturn, they dropped And almost twice as much as in March Centralized crypto exchanges recorded a drop in trading volumes in April. Data provider Kaiko reports ...
Binance.US Struggles to Find Banking Partner to Manage Customer Funds
The US arm of Binance, a major cryptocurrency exchange, is facing difficulties in finding a bank to manage its customers' funds, according to the Wall Street Journal. Signature Bank and Silvergate Capital were previously used by Binance.US, but they have stopped working with the exchange. The ...
Binance’s Spot Market Share Decreases Significantly, Facing Multiple Lawsuits
Kaiko, the digital asset data provider, recently reported that Binance's spot market share has significantly decreased over the past week. Despite starting the year off strong and becoming the market leader with over 70% share by the end of 2022, Binance was unable to maintain its position for lo ...
Hong Kong Could Emerge as a Central Player in the Crypto Market
According to Ambre Soubiran, the CEO of cryptocurrency asset data provider Kaiko, the landscape of the crypto trading and investment market is set to change. Soubiran believes that Hong Kong may soon emerge as a central player in this field, as local players in the US crypto market are forced to ...