Cryptocurrency exchanges have seen record volumes, with Binance leading the market with a 49% share. ByBit, Huobi, and OKX have also experienced significant growth, driven by higher cryptocurrency prices and the approval of spot Bitcoin ETFs.
JoyExplore the critical differences between Centralized and Decentralized Exchanges (CEX vs DEX) and understand which crypto trading platform suits your needs in our comprehensive guide.
MiyukiIn the past year, although Binance’s market share has declined slightly due to regulatory incidents, it has still maintained its leading position in the industry. Exchanges such as OKX, Bybit, and Bitget are also actively working to increase their share.
JinseFinanceIn 2023, there will be a transition from bull to bear. At this time, the CEX track is also facing a major reshuffle.
JinseFinanceThe India-UAE oil trade in rupees signifies a major shift from dollar dominance, reflecting the BRICS nations' commitment to alternative trade currencies and the rising influence of emerging economies in global finance.
KikyoThe strategic partnership between HKbitEX and the Shanghai Technology Exchange aims to drive digital transformation in the Chinese economy through asset tokenization. Simultaneously, the emerging hybrid crypto exchange, Pullix, with its unique features and community-driven approach, anticipates significant growth as it gears up for a January 2024 launch, marking dynamic shifts in the evolving crypto landscape.
Cheng YuanAmidst a dynamic shift in the crypto exchange market, DEXs experience a surge in trading volumes while CEXs like Binance and Coinbase maintain a dominant market share.
YouQuanThe project, which has been in progress since December 2021, gained momentum with the endorsement of Pang Hue Kai, CEO of Tokokrypto, a licensed Indonesian crypto exchange partly owned by Binance.
Coinlive Crypto exchange Kraken is shutting its Abu Dhabi office and winding down support for the United Arab Emirates’s local currency.
TheBlockThrough this bill, the Moscow Exchange (MOEX) will allow depositories to issue receipts for digital financial assets (DFA).
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