CryptoCompare News

The stablecoin market, in general, is going through hard times, though the algorithmic coins suffered the most.

Despite the bad numbers of daily trading, there are some signs of market revival, at least for Bitcoin-based products.

The “top-tier” exchanges, as ranked in a report by CryptoCompare, increased their market share to 96% in February 2022.

The report states that KYC and AML standards for exchanges have significantly improved over the last four months.

Overall trading volume was down on derivatives exchanges, but one day set a new yearly high.

July saw a major shift towards top-tier exchanges on spot markets, while derivatives volumes continue to eat into spot volumes market share.

Experts say CoinMarketCap’s update is not good enough after the latest method tweak causes further controversy among the community.

Crypto derivatives monthly volume hit a new all-time high of $602 billion in May.

The run-up to Bitcoin’s halving has driven near-record volumes, with April 30 posting the second-largest daily trade on record.

Crypto exchanges saw record trade in March, with the global market crash driving all-time highs for both spot and derivatives trading.

What explains the surge in the trading volume of the Japanese Bitcoin exchange market