December 2024 was a month that saw the cryptocurrency landscape experience both extraordinary highs and major challenges, which helped to lay the scene for 2025 to be a year that would be marked by significant developments in the ecosystem of digital assets. The Monthly Markets Insights report from Binance Research reveals
KuCoin has introduced KuCoin Pay, a ground-breaking merchant solution intended to spur company expansion by integrating cryptocurrency payments into the retail industry, marking a major advancement for digital commerce. This cutting-edge system provides frictionless, safe, and borderless transactions, bridging the gap between conventional retail and cryptocurrency. KuCoin Pay is positioned to
Bybit was ordered to stop operations in Malaysia by the Securities Commission (SC) due to allegations that it was operating an unregistered digital asset exchange (DAX). In a public announcement made on December 11, the Malaysian securities regulator ordered Bybit to take down all digital platforms, including its website and
Despite significant options expirations on Friday, Bybit, the second-largest cryptocurrency exchange globally by trading volume, highlighted the low level of market volatility in their most recent Crypto Derivatives Analytics Report, which was published in partnership with Block Scholes. The realized volatility of ETH and BTC has gone up, but short-term
Earlier today, Crypto.com made the announcement that it would be extending its partnership with Formula 1® until the year 2030. The two brands have been working together since 2021, and this renewal demonstrates their continuous dedication to the development and value that the collaboration provides for each of them. Formula One,
Today, Binance, the global blockchain ecosystem that powers the biggest cryptocurrency exchange in the world in terms of users and trading volume, announced an important milestone: Within three months of its inception, BNSOL, its SOL liquid staking token, has topped $1 billion in Total Value Locked (TVL), or more than
In order to facilitate the conversion of cryptocurrency to travel loyalty points, Crypto.com today announced a collaboration with ALL, Accor’s loyalty program and booking platform. Users may now convert cryptocurrency to reward points straight from the Crypto.com App thanks to a market-first cooperation with ALL. With over 5,600 hotels globally,
Binance Alpha, a platform within Binance Wallet (formerly known as Binance Web3 Wallet), was launched by Binance, the world’s top blockchain ecosystem that powers the biggest cryptocurrency exchange in terms of trading volume and users. Its purpose is to highlight early-stage projects and assist users in exploring Alpha opportunities. Binance
In partnership with Blocks Scholes, Bybit, the second-largest cryptocurrency exchange globally in terms of trading volume, released a new derivatives analytics report that shows ETH perpetual positions are retreating as it continues to dominate BTC in options open interest. The drop in ETH open interest, which analysts attributed to lackluster spot
The Australian Federal Court has imposed an AUD 8 million ($5.1 million) fine on Bit Trade, the Australian operator of cryptocurrency exchange Kraken, for violating financial regulations. Justice John Nicholas ruled on Dec. 12 that Bit Trade breached design and distribution obligations and unlawfully operated as a credit facility without
