Spot trading volumes on all centralized crypto exchanges dropped 1.34%. Futures trading increased 13.4% to $3.12 trillion. Despite the market volatility, Bitcoin (BTC) and Ethereum (ETH) had regained dominance over future trading volume, according to an evaluation of respective spot trading volumes. In July, Bitcoin and Ethereum closed at $23,332
On Wednesday, the U.S. Securities and Exchange Commission (SEC) refused Grayscale’s, one of the world’s largest digital asset managers, application to convert its Grayscale Bitcoin Trust (GBTC) vehicle to a spot bitcoin exchange-traded fund (ETF) on the NYSE Arca exchange. Grayscale responded by filing a lawsuit against the decision and
The recent fall in the crypto market brought forth extreme hardships for cryptocurrency exchanges all over the world. Yet, they all still struggle to keep up their place amidst vast competition between each other. In spite of all this, one of the fastest global crypto exchanges Bybit now adopts features
