Spot trading on centralized cryptocurrency platforms fell 40% in April following the March banking crisis. That’s according to a recent report by CCData, which tracks the cryptocurrency industry. It found that combined spot and derivatives trading volume on centralized exchanges fell 27.9% to $2.77 trillion in...
July 23, 2023
Decentralized cryptocurrency platforms have seen their spot trading volumes plummet in the last year. That drop, a Sunday (July 23) Bloomberg News report noted, stands in sharp contrast to the “golden age” crypto enthusiasts predicted after the collapse of FTX last year weakened trust in centralized platforms. Instead, monthly spot trading volumes on decentralized exchanges fell […]
May 14, 2023
Spot trading on centralized cryptocurrency platforms fell 40% in April following the March banking crisis. That’s according to a recent report by CCData, which tracks the cryptocurrency industry. It found that...