CCData’s latest Stablecoins & CBDCs report demonstrates that stablecoins market hit another crossing the $200 billion total market value mark for the first time ever as demand accelerates and adoption expands for the assets.
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CCData’s latest Stablecoins & CBDCs report demonstrates that stablecoins market hit another crossing the $200 billion total market value mark for the first time ever as demand accelerates and adoption expands for the assets.
From Nov. 5 through Nov. 28, 2024 the daily average trading on Korean crypto exchanges amounted to about $9.4 billion versus $7 billion for the Kospi, according to data from CCData and Korea Exchange.
Data from CCData shows that the 5% market depth for ETH pairs on American centralized exchanges has dipped to $14 million. Offshore, the situation is nearly the same, with liquidity down 19% to about $10 million.
CCData’s latest monthly exchange review shows that Binance commanded 36.6% of all spot and derivative volume — a 20% drop from the month prior, and the exchange’s worst performance since 2020.
The market share of the world's biggest crypto exchange shrunk to 36.6% last month, down from 42.7% at the start of the year, according to researcher CCData.
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