Robinhood Markets saw its crypto trading volume grow 32% year-over-year to $28 billion in the second quarter of 2025. This growth occurred despite a drop in activity from the previous quarter’s $46 billion, which was largely fueled by a post-election surge. The company’s total crypto trading volume for 2024 reached $141 billion. Cantor Fitzgerald analysts … Read more
Major altcoins like XRP, Solana, and Dogecoin are experiencing significant corrections, with declines of 5% to 7% in a single day. This downturn comes as Bitcoin remains stable, and is largely attributed to a decrease in risk appetite among investors. According to analysts from Bitfinex, the altcoin market is at a “critical juncture” due to … Read more
Binance is re-emerging as the leading exchange for Bitcoin spot trading, according to new data from analytics firm Alphractal. After months of losing ground, Binance’s share of BTC spot volume has climbed to nearly 45%, its highest level since late 2023. Alphractal CEO Joao Wedson suggests this shift could be a positive sign for Bitcoin’s … Read more
South Korean financial regulators are scrutinizing new crypto lending and margin trading services offered by the nation’s two largest exchanges, Upbit and Bithumb. The Financial Services Commission (FSC) and Financial Supervisory Service (FSS) have expressed serious concerns over the high leverage ratios, which they believe pose significant risks to investors and may violate existing lending … Read more
As August 2025 begins, the crypto market is experiencing a cautious altcoin season. Although the Altcoin Season Index is below 40, indicating strong Bitcoin dominance, some altcoins are gaining traction. This selective rotation is highlighting three distinct tokens: Cardano (ADA), Dogwifhat (WIF), and Fartcoin (FART), each representing different market dynamics from utility to pure speculation. … Read more
In a significant move to expand crypto offerings on Wall Street, Invesco Galaxy has filed an application with the U.S. Securities and Exchange Commission (SEC) to list a Solana (SOL) exchange-traded fund (ETF). The proposed “Invesco Galaxy Solana ETF” would be listed on the Cboe BZX exchange under Rule 14.11(e)(4). Fund Structure and Regulatory Approach … Read more
Despite a 4% price dip over the last 24 hours to $3.82, mirroring broader crypto market sentiment, Sui (SUI) is showing remarkable strength in key areas. After hitting a recent high of $4.40, the altcoin’s on-chain volume has remained exceptionally strong, even surpassing major competitors. SUI Dominates Trading Volume SUI’s trading volume for July reached … Read more
Kraken, a major crypto exchange, reported $411.6 million in revenue for Q2 2025, an 18% increase year-over-year. Despite this revenue growth, adjusted earnings dipped 7% to $79.7 million. The company attributes this decline to macroeconomic pressures, including US tariffs, and a strategic decision to prioritize long-term growth over immediate profits. Kraken stated it’s currently in … Read more
The Chicago Board Options Exchange (CBOE) is making a significant move to accelerate the approval process for crypto ETFs in the United States. CBOE has formally requested the U.S. Securities and Exchange Commission (SEC) to implement a new rule that would allow for fast-tracked, standardized listings of digital asset ETFs, potentially eliminating the current months-long … Read more
XRP, the payment-focused cryptocurrency, recently experienced a significant surge in investor interest, leading its perpetual futures trading volume on the U.S.-based crypto exchange Kraken to surpass that of Solana (SOL) for the first time. This marks a notable shift in the altcoin market. In the past month, XRP perpetuals on Kraken reached $3.48 billion in … Read more