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Exchanges news
Crypto markets experienced a surge in trading volume during the collapse of TerraUSD (UST), as crypto exchange Binance traded USD 224bn during the week, followed by FTX, OKX, and Coinbase with USD 42.1bn, USD 37.9bn, and USD 33.1bn in volume, respectively, during the 7-day period beginning May 8, according to crypto analytics firm CryptoCompare. Additionally, FTX overtook Coinbase and OKX in spot trading volume for the first time in May, as the former’s spot market volumes reached USD 89.4bn, an 80.8% increase from the month prior. Binance, meanwhile, retained its position as the largest exchange by volume with a market share of 50.9%, trading USD 532bn, a 14.3% increase from April.
Crypto exchange Bybit announced that it has enabled portfolio margin mode for eligible users on June 15. Users can start with the newly...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...