Bybit’s Institutional Report 2024 revealed a significant increase in monthly trading volumes across several centralized exchanges from October 2023 to March 2024.
Bybit Exchange emerged as one of the fastest-growing platforms, showing a remarkable 264% growth in trading volumes. Additionally, the U.S.-based exchange Coinbase experienced an uptick in volumes, rising by 193%, slightly below the industry’s average growth rate of 255%. This trend suggests that investors are optimistic about the long-term price prospects of these two cryptocurrencies as the year progresses.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EigenLayer Points Trading Kicks off on First CEX BIT ExchangeAhead of potential EigenLayer's token debut, DeFi enthusiasts are rushing toward first CEX-based points market for EigenLayer
Source: Utoday_en - 🏆 295. / 63 Read more »
Bitcoin ETF Trading Volumes Tripled in March as the Largest Cryptocurrency Hit Record HighsShaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.
Source: CoinDesk - 🏆 291. / 63 Read more »
Bitcoin ETF Trading Volumes Tripled in March on Record-High BTC PriceU.S.-listed bitcoin (BTC) exchange-traded funds (ETFs) scored over $110 billion in trading volume in March, tripling January and February volumes, as the largest cryptocurrency soared to record highs. CoinDesk's Jennifer Sanasie presents the 'The Chart of the Day.
Source: CoinDesk - 🏆 291. / 63 Read more »
Binance trading volumes hit yearly high at $1.12T in MarchTrading volumes at Binance soared to $1.12 trillion in March as BTC and ETH chased after new multi-year highs.
Source: Cointelegraph - 🏆 562. / 51 Read more »
dYdX Community Approves 20 Million Token Stake Amidst Rising Trading VolumesCrypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »
Bitget Reports Significant Growth in Trading Volumes and User BaseBitget experienced a surge in trading volumes and user base in the first quarter of 2024, with futures trading volume reaching $1.4 trillion and spot trading volume exceeding $160 billion. The exchange also saw significant growth in derivatives market share, securing the position of the third-largest derivatives trading platform by volume. Bitget's native token, BGB, surpassed 1 in February and its market capitalization rose to $1.5 billion.
Source: Crypto_Potato - 🏆 568. / 51 Read more »