A survey conducted by Fidelity Investments has found that nearly 60% of institutional investors said they were invested in digital assets in the first half of the year, despite institutional investment products’ trading volumes dropping to a two-year low. According to Bloomberg, Fidelity Investments survey found that four-in-fie investors believe […]

CryptoCompare, the leading institutional digital asset data provider and FCA-authorized benchmark administrator, has launched its updated Exchange Benchmark, which now also assesses the risk associated with decentralized exchanges (DEXs). According to a press release the firm shared, trading activity on decentralized cryptocurrency exchanges has skyrocketed, to the point that in certain […]

Bitcoin ($BTC) trading into Binance’s stablecoin BinanceUSD ($BUSD) has risen by 394% year-to-date after rising 0.44% in the month of August to 2.14 million bitcoin in trading volume, as the leading cryptocurrency exchange’s stablecoin sees its importance rise. According to CryptoCompare’s August 2022 Exchange Review report, year-to-date BTC/BUSD trading volumes […]

In a newly published report researchers from leading digital asset data provider CryptoCompare have noted that while the space has undoubtedly entered a bear market there are factors they believe will trigger the next bull run in the future. CryptoCompare’s 2022 Q3 Outlook report does into detail on the cryptocurrency […]

As political leaders in crisis-hit Lebanon bicker over positions in the yet-to-be-formed government, the country’s runaway inflation rate surged to 211% in May 2022, new data has shown. Economist Steve Hanke insists that a currency board is a solution to Lebanon’s currency woes. Black Market in Fuel Driving Inflation The […]

Bitcoin was trading higher for a second consecutive session on Tuesday, which is the first time it’s seen back-to-back gains in over two weeks. ETH also climbed in today’s session, as bulls continued to re-enter the market. Bitcoin BTC was trading higher for a second consecutive session on Tuesday, as […]

Sam Bankman-Fried’s cryptocurrency trading platform FTX has managed to overtake two major cryptocurrency exchanges in spot trading last month: Coinbase and OKX. FTX overtook these exchanges after seeing its volume rise 90% from the month prior. According to CryptoCompare’s May 2022 Exchange Review, FTX’s May trading volume surged 80.8% to […]

Following a move towards $32,000 to start the week, BTC was fighting to stay above $29,000 during Tuesday’s session. The red wave which captured bitcoin bulls, also overcame ETH, pushing prices nearly 8% lower, as of writing. Bitcoin Following a strong start to the week, bitcoin was once again trading […]

India’s central bank, the Reserve Bank of India (RBI), has expressed concerns that cryptocurrencies could lead to the dollarization of a part of the Indian economy. “It will seriously undermine the RBI’s capacity to determine monetary policy and regulate the monetary system of the country.” RBI’s Crypto Warnings and Dollarization […]

Bitcoin spot trading volume into the U.S. dollar decreased by 25.5% last month to 707,000 BTC, the lowest recorded figure for the fiat currency since August 2019. Meanwhile, USDT remained the stablecoin with the largest BTC volume in April, with 3.18 million BTC being traded. That’s according to CryptoCompare’s April […]