Digital asset investment products saw minor outflows totaling $6.5m, following 4 prior weeks of inflows that totaled $742m — link
Binance, CEO plan to seek dismissal of CFTC complaint, , according to a court filing on Monday — link
Despite market depth being only half of last year's level, the liquidity of the top 10 altcoins in USD has surpassed ETH's for the very first time — link
House Financial Services Committee votes in favor of crypto, blockchain bills — link
Crypto markets have become more concentrated over the past three years, with the bulk of trading activity in 2023 happening on just one exchange — Binance.
In contrast, back in 2020, the largest trading platform accounted for only 24% of the total global trade volume, while the combined trade volumes of the two largest platforms was still below 50% — link
In contrast, back in 2020, the largest trading platform accounted for only 24% of the total global trade volume, while the combined trade volumes of the two largest platforms was still below 50% — link
The seven-day average of Bitcoin spot trading volume has sunk to levels not seen since the start of 2021, amid subdued price swings — link
Digital asset investment products saw minor outflows totalling $21m last week. Trading volumes for digital asset investment products were low at $915m for the week, compared to the $1.5bn weekly average this year so far — link
Tether reports an increase in its excess reserves of $850M, bringing its total excess reserves to approximately $3.3B at the end of Q2 — link
Compared to the first half of 2022, Bitcoin network hashrate as grown at a more accelerated pace. From the beginning of 2023, 30D trailing network hashrate has grown 49% from 249 EH to 370 EH compared to a growth rate of 22% in 1H 2022 — link