Trading on the Kraken and Bybit exchanges grew by almost 10%

Sponsored
Sponsored
Trading on the Kraken and Bybit exchanges grew by almost 10% As a result of the FTX crash in November 2022, some crypto exchanges recorded a weakening of user activity. The biggest drop in trading was seen on Bitfinex, Kucoin, Gate.io and OKX. For example, at Bitfinex, prior to the FTX bankruptcy, the average monthly amount of digital currency transactions exceeded $12 billion, but in subsequent months it collapsed to $5 billion, Nansen said in a report. At the same time, exchanges such as Kraken and Bybit, on the contrary, paid attention to the increased activity of traders. On average,
Sponsored

Go to Source
Author: NixCoin

Sponsored
kryptonew

Share
Published by
kryptonew

Recent Posts

CFTC Approves Novig as Sports Prediction Market Boom Accelerates

Key Highlights Novig gets CFTC approval (DCM), allowing it to run a federally regulated sports…

5 hours ago

Ethereum’s “Glamsterdam” Upgrade Enters Final Testing Phase

Key Highlights Ethereum’s Glamsterdam upgrade has entered its final testing phase as developers run all…

5 hours ago

Coinbase CEO Unveils Its Biggest Overhaul With AI and Tokenized Stocks

Show AI SummaryCoinbase’s expansion into AI-powered tools and tokenized stocks may significantly alter the financial…

5 hours ago

Telegram Ban in India: Crypto, TON & Durov’s Attack on Reliance

Show AI SummaryIndia blocked Telegram nationwide from June 16 to June 22 to prevent exam…

5 hours ago

Venezuelans Rush to Binance as USDT Hits 800 Bolivars in P2P Market

Key Highlights USDT in Venezuela’s P2P market rose about 16% in 30 days, crossing 800…

5 hours ago

The Payment Rail Problem Is Getting Worse, BlockDAG’s 5,000 TPS Solution Makes It the Best Crypto to Buy for 2026

Global point-of-sale payment networks are buckling under pressure. Processing volumes are pushing past what traditional…

5 hours ago

This website uses cookies.

Read More