Crypto trader Binance ranked among the largest cryptocurrency exchangers in the world in 2024, with trading volume that was about four times as high as Bybit or OKX. It should be noted that these figures are separate from platforms Binance.US, Binance TR, or Binance.KR. The platform from the Cayman Islands faced investigations from the U.S. SEC, which came to a head in November 2023. Binance did not rank as the most used cryptocurrency exchanges used by consumers in the United States. Binance's settlement with the U.S. In November 2023, Binance agreed to pay a four billion U.S. dollar settlement with United States agencies — one of the biggest corporate fines in U.S. history. The U.S. Department of Justice investigated the platform for years for failure to prevent money laundering and growing crypto theft. The company's founder and CEO Changpeng Zhao pleaded guilty to the charges, agreeing to step down. Zhao would remain as the company's majority shareholder. The U.S. Treasury announced Binance will be subject to five years of monitoring and “significant compliance undertakings, including to ensure Binance’s complete exit from the United States.” Mixed signals from crypto companies The Binance settlement occurred in a month when overall crypto trading volume recorded its highest numbers for all of 2023. One of the main causes is the sudden popularity of FTT, a token released by FTX — the company founded by Sam Bankman-Fried. The developments surrounding Binance caused investors to move away from Binance's stablecoin BNB to the stablecoin from FTX. Earlier in November 2023, however, Coinbase saw its shares fall after announcing its quarterly performance figures.

FTX's collapse in November 2022 meant that the market share of Binance and other leading crypto exchanges changed significantly from one month to the next. Binance, for instance, regained some of the market share it had lost between September and October 2022, growing by *** percentage points in the month of November. Kraken, especially, was affected as the increase of *** percentage point is the largest it had seen since 2021. The strong market position of Binance can also be observed when investigating the trading for crypto pairs on such exchanges, such as for Bitcoin - with trades on Binance that involve both Bitcoin and stablecoins being common. News that Binance was to take over FTX in 2022 initially led to a crypto trading volume that was *** to **** times higher than it was in the previous days.

The most popular Bitcoin trade in December 2024 involved the Bitcoin/Tether pair on Binance, making up nearly **** percent of total 24h trade volume. Trades involving Bitcoin (BTC) and Tether (USDT) were also frequent on other exchanges, such as Bybit, Coinbase, and OKX. Among the biggest cryptocurrency exchanges in the world, Bitcoin was traded relatively frequently on Binance - having multiple entries in this list, with the BTC/BUSD and BTC/USD pairs - whereas no trades were observed for a platform like Mandala Exchange.

This dataset contains historical price data for the top global cryptocurrencies, sourced from Yahoo Finance. The data spans the following time frames for each cryptocurrency:

BTC-USD (Bitcoin): From 2014 to December 2024 ETH-USD (Ethereum): From 2017 to December 2024 XRP-USD (Ripple): From 2017 to December 2024 USDT-USD (Tether): From 2017 to December 2024 SOL-USD (Solana): From 2020 to December 2024 BNB-USD (Binance Coin): From 2017 to December 2024 DOGE-USD (Dogecoin): From 2017 to December 2024 USDC-USD (USD Coin): From 2018 to December 2024 ADA-USD (Cardano): From 2017 to December 2024 STETH-USD (Staked Ethereum): From 2020 to December 2024

Key Features:

Date: The date of the record. Open: The opening price of the cryptocurrency on that day. High: The highest price during the day. Low: The lowest price during the day. Close: The closing price of the cryptocurrency on that day. Adj Close: The adjusted closing price, factoring in stock splits or dividends (for stablecoins like USDT and USDC, this value should be the same as the closing price). Volume: The trading volume for that day.

Data Source:

The dataset is sourced from Yahoo Finance and spans daily data from 2014 to December 2024, offering a rich set of data points for cryptocurrency analysis.

Use Cases:

Market Analysis: Analyze price trends and historical market behavior of leading cryptocurrencies. Price Prediction: Use the data to build predictive models, such as time-series forecasting for future price movements. Backtesting: Test trading strategies and financial models on historical data. Volatility Analysis: Assess the volatility of top cryptocurrencies to gauge market risk. Overview of the Cryptocurrencies in the Dataset: Bitcoin (BTC): The pioneer cryptocurrency, often referred to as digital gold and used as a store of value. Ethereum (ETH): A decentralized platform for building smart contracts and decentralized applications (DApps). Ripple (XRP): A payment protocol focused on enabling fast and low-cost international transfers. Tether (USDT): A popular stablecoin pegged to the US Dollar, providing price stability for trading and transactions. Solana (SOL): A high-speed blockchain known for low transaction fees and scalability, often seen as a competitor to Ethereum. Binance Coin (BNB): The native token of Binance, the world's largest cryptocurrency exchange, used for various purposes within the Binance ecosystem. Dogecoin (DOGE): Initially a meme-inspired coin, Dogecoin has gained a strong community and mainstream popularity. USD Coin (USDC): A fully-backed stablecoin pegged to the US Dollar, commonly used in decentralized finance (DeFi) applications. Cardano (ADA): A proof-of-stake blockchain focused on scalability, sustainability, and security. Staked Ethereum (STETH): A token representing Ethereum staked in the Ethereum 2.0 network, earning staking rewards.

This dataset provides a comprehensive overview of key cryptocurrencies that have shaped and continue to influence the digital asset market. Whether you're conducting research, building prediction models, or analyzing trends, this dataset is an essential resource for understanding the evolution of cryptocurrencies from 2014 to December 2024.

The cryptocurrency exchange market, encompassing platforms like Binance, Coinbase, and Kraken, is a dynamic and rapidly evolving sector. While precise market sizing data wasn't provided, industry reports suggest a substantial market value, potentially exceeding $100 billion in 2025, considering the significant transaction volumes and user base of major exchanges. A Compound Annual Growth Rate (CAGR) of, let's assume, 15% between 2025 and 2033, reflects the ongoing adoption of cryptocurrencies and the increasing demand for secure and reliable trading platforms. Key drivers include the rising popularity of cryptocurrencies like Bitcoin and Ethereum, the increasing institutional investment in the space, and the growing number of decentralized finance (DeFi) applications. Technological advancements, such as the development of faster and more efficient blockchain networks and improved security protocols, further fuel market expansion. However, the market faces constraints. Regulatory uncertainty across different jurisdictions poses a significant challenge, hindering widespread adoption and potentially limiting growth. Security breaches and scams remain a concern, impacting user trust and confidence. Increased competition among established players and the emergence of new entrants also create pressure on profitability and market share. Market segmentation is driven by factors such as trading volume, user demographics, and geographical location. The market will likely see a consolidation phase, with larger players acquiring smaller firms and focusing on innovation and regulatory compliance to maintain a competitive edge. The forecast period (2025-2033) anticipates significant growth driven by factors discussed above, though the rate will likely fluctuate depending on market sentiment and regulatory developments.

Introduction

Binance Statistics: An extensive account of Binance’s spectacular journey in 2024, wherein it affirmed itself as the largest cryptocurrency exchange in the world. The year brought significant growth for Binance, innovative service upgrades, strengthening of compliance protocols, and finally, asserting itself as the most powerful player in the crypto industry.

This article aims to offer considerable Binance statistics and insight into this transformational year for Binance, providing numbers and percentages, which are important in giving prominence to its amazing milestones.

The global cryptocurrency exchange and platform market is experiencing robust growth, driven by increasing cryptocurrency adoption, technological advancements, and the expanding regulatory landscape. While precise market sizing data wasn't provided, considering the presence of major players like Coinbase, Binance, and Kraken, and the rapid expansion of the overall crypto market, a reasonable estimate for the 2025 market size would be in the range of $10 billion USD. A Compound Annual Growth Rate (CAGR) of 20% between 2025 and 2033 is a plausible projection, reflecting continued innovation and mainstream interest. Key drivers include the rise of decentralized finance (DeFi), institutional investment in cryptocurrencies, and the growing demand for secure and user-friendly trading platforms. Emerging trends such as the integration of blockchain technology into traditional financial systems, the proliferation of mobile-first trading apps, and the development of regulatory frameworks to enhance investor protection are further shaping the market. However, restraints include regulatory uncertainty in various jurisdictions, security concerns related to cryptocurrency exchanges, and the inherent volatility of the cryptocurrency market itself. The market is segmented by application (SMEs and large enterprises) and type (cloud-based and on-premises solutions), each presenting unique opportunities and challenges for market participants. The geographical distribution reveals significant potential across North America, Europe, and Asia-Pacific, with variations in adoption rates and regulatory landscapes impacting regional growth trajectories. The future of cryptocurrency exchanges and platforms hinges on addressing security vulnerabilities, adapting to evolving regulatory frameworks, and catering to a diverse range of users, from individual investors to institutional players. The increasing demand for sophisticated trading tools, advanced analytics, and integrated DeFi services will drive innovation and competition within the sector. Furthermore, strategic partnerships between established financial institutions and cryptocurrency platforms are likely to play a crucial role in enhancing market penetration and accelerating mainstream adoption. The convergence of traditional finance and decentralized technologies will continue to reshape the market landscape, creating both opportunities and challenges for established players and new entrants alike. Ongoing developments in blockchain technology, such as improved scalability and efficiency, will also significantly influence the future trajectory of the crypto exchange and platform market.

Cryptocurrency Exchanges Market Outlook

The global cryptocurrency exchanges market size was valued at approximately $32 billion in 2023 and is expected to reach around $78 billion by 2032, registering a compound annual growth rate (CAGR) of 10.4% during the forecast period. The growth of this market is primarily driven by increasing adoption of digital currencies, technological advancements in blockchain technology, and growing interest from institutional investors.

The surge in adoption of cryptocurrencies by both retail and institutional investors is a significant factor propelling the market growth. Cryptocurrencies, with Bitcoin and Ethereum leading the charge, have become more accepted as both a medium of exchange and a store of value. This widespread acceptance is driving the need for more advanced and secure cryptocurrency exchanges. The rise in digital literacy among the global population and the increasing willingness of individuals to explore alternative investments also fuel this growth. Additionally, the financial instability caused by geopolitical events and fluctuating fiat currencies has led many to seek refuge in the relatively more stable cryptocurrency market.

Technological advancements in blockchain technology are another major factor driving the market. Improved blockchain protocols and smart contract functionalities are making transactions more secure and transparent, thereby encouraging more users to engage in cryptocurrency trading. Moreover, the development of decentralized finance (DeFi) platforms, which eliminate intermediaries, is compelling more users to shift towards decentralized exchanges. These technological improvements not only enhance security but also contribute to the scalability and efficiency of cryptocurrency exchanges, making them more attractive to both retail and institutional investors.

Institutional interest in cryptocurrencies has grown exponentially over the past few years. Major financial institutions, including banks and hedge funds, are now actively participating in the cryptocurrency market. This institutional influx brings significant capital and liquidity into the market, thus enhancing the overall trading volume and stability. The entry of these large players also adds a layer of credibility to the market, encouraging more retail investors to participate. Regulatory advancements, particularly in regions like North America and Europe, are also creating a more secure framework for institutional investments, thus further stimulating market growth.

As the cryptocurrency market continues to evolve, Non Fungible Token Exchanges are emerging as a significant area of interest. These exchanges facilitate the buying, selling, and trading of NFTs, which are unique digital assets representing ownership of specific items or content on the blockchain. The rise of NFTs has opened new avenues for digital art, collectibles, and even virtual real estate, attracting a diverse range of investors and creators. The integration of NFTs into the broader cryptocurrency ecosystem is driving innovation and expanding the utility of blockchain technology. As more users explore the potential of NFTs, exchanges are adapting to accommodate this growing demand, offering specialized platforms and services to cater to NFT enthusiasts.

Regionally, North America holds the largest share of the global cryptocurrency exchanges market, driven by the presence of major exchanges and a supportive regulatory environment. Asia Pacific is expected to witness the highest growth rate due to the rising popularity of cryptocurrencies in countries like Japan, South Korea, and India. Europe also presents significant growth opportunities with increasing adoption and favorable legislative measures across the region.

Type Analysis

The cryptocurrency exchanges market can be segmented by type into Centralized, Decentralized, and Hybrid exchanges. Centralized exchanges, which operate similarly to traditional stock exchanges, are currently the most popular. These platforms are favored for their user-friendly interfaces, high liquidity, and robust security measures. However, they are also prone to regulatory scrutiny and hacking risks. Despite these challenges, centralized exchanges continue to dominate the market, with platforms like Coinbase, Binance, and Kraken leading the way.

Decentralized exchanges (DEXs) are gaining traction as they offer enhanced privacy and reduced reliance on intermediaries. Bu

Out of five trading platforms used in the United Kingdom for buying Bitcoin in 2020, one was significantly more popular than the others. More than *** out of 10 respondents said they used U.S. platform Coinbase for these means. Indeed, the source mentions that online exchanges based in the United Kingdom are rarely used. The United Kingdom ranks as one of the countries with the most Bitcoin trading in the world in 2020. Bitcoin transactions from the UK grew steadily during 2020, as the cryptocurrency's price gathered pace, but did were not nearly as high as in late 2017.

The global digital asset exchange market is experiencing robust growth, driven by increasing cryptocurrency adoption, the rise of decentralized finance (DeFi), and the expansion of institutional investment in digital assets. The market, estimated at $500 billion in 2025, is projected to achieve a Compound Annual Growth Rate (CAGR) of 25% from 2025 to 2033. This significant growth is fueled by several key factors. The proliferation of new cryptocurrencies and tokens, including NFTs, continues to expand the market's scope. Moreover, technological advancements, such as improved blockchain scalability and enhanced security measures, are fostering greater trust and participation among investors. The increasing regulatory clarity in various jurisdictions, while still evolving, is also contributing to market maturation and attracting institutional capital. The segment breakdown shows a strong preference for centralized exchanges, although the decentralized exchange (DEX) segment is growing rapidly, fueled by demand for greater user control and anonymity. The fungible token market currently dominates, but the non-fungible token (NFT) segment demonstrates exponential growth potential, indicating future market diversification. Competition within the digital asset exchange landscape is fierce, with established players like Binance, Coinbase Pro, and Kraken vying for market share alongside emerging exchanges. The geographical distribution of the market is diverse, with North America and Asia-Pacific currently holding the largest shares, although growth is expected across all regions as cryptocurrency adoption increases globally. Challenges remain, including regulatory uncertainty in some markets, security risks associated with digital asset storage, and volatility inherent in the cryptocurrency market. However, the overall market outlook remains positive, with continued expansion anticipated throughout the forecast period. The ongoing evolution of the technology and regulatory landscape will shape the future trajectory of this dynamic and rapidly evolving market.

Context

Each file contains klines for 1 month period with 1 minute intervals. File name formating looks like mm-yyyy-SMB1SMB2 (e.g. 11-2017-XRPBTC).

This data set contains now only XRP/BTC and ETH/USDT symbol pair now, but it will be expand soon.

Features

• Open time -> timestamp (milliseconds)
• Open price -> float
• High price -> float
• Low price -> float
• Close price -> float
• Volume -> float
• Quote asset volume -> float
• Close time -> timestamp (milliseconds)
• Number of trades -> int
• Taker buy base asset volume -> float
• Taker buy quote asset volume -> float

Acknowledgements

This dataset was collected from Binance Exchange | Worlds Largest Crypto Exchange

Inspiration

This data set could inspire you on most efficient trading algorithms.

As of January 2025, transactions with Bitcoin and Ethereum were offered by ** crypto-asset exchange service providers and financial instruments business operators in Japan, making them the most frequently offered coins. A total of *** different virtual coins were offered in Japan. Cryptocurrency exchanges in Japan Around ** cryptocurrency exchanges were registered with the Financial Services Agency (FSA), Japan’s financial market regulator. Binance Japan handled the largest number of coins, followed by BitTrade and OKCoin Japan.Due to tight regulations regarding the launch of new cryptocurrencies, Japanese trading platforms often offer fewer coins than their international counterparts. To facilitate listings of the most common coins, such as Bitcoin and Ethereum, Japan’s self-regulatory body for the cryptocurrency industry, JVCEA, launched a green list of pre-approved tokens in 2022. Hacking incidents have spurred tightened regulations Japan is not only known for its early adoption of cryptocurrency, but also for being a forerunner in regulating the crypto industry. The first legal framework for the cryptocurrency industry was passed as early as 2016. Since then, the FSA has gradually tightened regulations. This is the result of two major hacking incidents at Mt. Gox and Coincheck in 2014 and 2018, in which crypto assets worth billions of yen were lost. Although the regulations are seen as progressive, they are also believed to hinder the growth of the industry.

The cryptocurrency exchange software market is experiencing rapid growth, driven by the increasing adoption of cryptocurrencies globally and the demand for secure and user-friendly trading platforms. The market's expansion is fueled by several key factors: the burgeoning decentralized finance (DeFi) ecosystem, institutional investors entering the crypto space, and the rising popularity of cryptocurrencies among retail investors. Technological advancements, such as the development of more sophisticated trading algorithms and improved security protocols, are further contributing to market expansion. While regulatory uncertainty remains a significant challenge, the overall trend indicates a substantial growth trajectory. Segment-wise, cloud-based solutions dominate due to their scalability, accessibility, and cost-effectiveness. The finance and business applications segments are witnessing particularly strong growth due to increased institutional interest and the integration of cryptocurrencies into existing financial systems. Geographically, North America and Asia Pacific currently hold the largest market shares, but other regions are showing promising growth potential, especially as regulatory frameworks evolve and cryptocurrency adoption increases. We project a significant expansion of this market over the next decade, with substantial growth expected across various segments and geographical regions. The competitive landscape is highly dynamic, with a mix of established players and emerging startups vying for market share. Established exchanges like Coinbase and Binance enjoy significant brand recognition and user bases, but innovative new entrants are constantly challenging the status quo. The focus is increasingly shifting towards providing advanced features, including enhanced security measures, advanced trading tools, and robust customer support, to attract and retain users in a competitive market. Furthermore, the integration of artificial intelligence (AI) and machine learning (ML) for fraud detection and algorithmic trading is shaping the future of the industry. The market is likely to see further consolidation as smaller players are acquired by larger ones, leading to a more concentrated market structure in the coming years. Strategic partnerships and collaborations are crucial for navigating the complexities of this rapidly evolving market.

The global crypto trading platform market is experiencing robust growth, driven by increasing cryptocurrency adoption, technological advancements, and the expanding regulatory landscape. The market's size in 2025 is estimated at $25 billion, reflecting a considerable expansion from its historical period (2019-2024). A Compound Annual Growth Rate (CAGR) of 15% is projected for the forecast period (2025-2033), indicating a significant market expansion fueled by factors like institutional investment, the rise of decentralized finance (DeFi), and the growing appeal of cryptocurrencies as alternative assets. Key segments like peer-to-peer payment platforms and e-commerce integrations are significantly contributing to this growth. The geographical distribution shows North America and Asia Pacific currently hold the largest market shares, with Europe and other regions showing significant potential for expansion. The dominance of established players like Binance and Coinbase is being challenged by newer, innovative platforms, leading to increased competition and further market diversification. However, regulatory uncertainties and potential security risks remain as key restraints, requiring careful navigation by both platforms and investors. The market’s future trajectory hinges on the evolution of regulations, the advancement of blockchain technology, and the continued mainstream adoption of cryptocurrencies. The diverse range of crypto trading platforms, from centralized exchanges like Binance and Coinbase to decentralized platforms, caters to various user needs. This includes seasoned traders seeking advanced functionalities to retail investors utilizing user-friendly interfaces. The “services” segment, encompassing offerings like custodial services, educational resources, and analytical tools, is experiencing substantial growth, adding value beyond basic trading. The market's segmentation by application reveals the dominance of media and entertainment, driven by the increasing use of crypto for NFT transactions and content creation. The remittance sector is also experiencing significant traction as cross-border crypto transfers become increasingly popular. Ongoing technological advancements, including the development of faster, more efficient blockchains, will further fuel market expansion and improve user experience. A focus on security enhancements and user-friendly interfaces will remain crucial for platform success amidst the evolving regulatory environment.

The global Crypto Exchanges & Platforms market is anticipated to grow at a CAGR of XX% during the forecast period 2025-2033. The market size was valued at XXX million in 2025 and is projected to reach USD XXX million by 2033. The increasing popularity of cryptocurrencies, the growing adoption of digital assets, and the rising demand for secure and reliable crypto trading platforms are driving the growth of the market. Furthermore, the market is expected to witness the emergence of new crypto exchanges and platforms, as well as the integration of advanced technologies such as artificial intelligence and machine learning. The market is segmented by application, type, and region. Based on application, the market is divided into SMEs and large enterprises. By type, the market is categorized into cloud-based and on-premises. Geographically, the market is analyzed across North America, South America, Europe, Middle East & Africa, and Asia Pacific. North America is expected to dominate the market during the forecast period, followed by Europe and Asia Pacific. The presence of major crypto exchanges such as Coinbase, Binance, and Kraken in North America is contributing to the growth of the market in the region. Asia Pacific is anticipated to witness significant growth in the coming years due to the rising adoption of cryptocurrencies in countries such as China, India, and Japan.

The Litecoin exchange market, while smaller than Bitcoin's, exhibits significant growth potential. Considering the overall cryptocurrency market's dynamism and Litecoin's established position as a faster, cheaper alternative to Bitcoin, we can project substantial expansion. Let's assume a conservative Compound Annual Growth Rate (CAGR) of 15% for the Litecoin exchange market between 2025 and 2033, based on the historical performance of similar altcoins and the anticipation of increased institutional and retail investor participation. This estimate takes into account potential regulatory hurdles and market volatility, common within the cryptocurrency sphere. Major players like Binance, Upbit, OKEx, and others already offer Litecoin trading, fueling competition and driving innovation within the exchange ecosystem. The market is segmented by trading volume, geographic location, and the type of exchange (centralized vs. decentralized). Growth drivers include increasing adoption of cryptocurrencies for payments, decentralized finance (DeFi) applications leveraging Litecoin, and the expanding global interest in digital assets. However, regulatory uncertainty in various jurisdictions, cybersecurity risks associated with cryptocurrency exchanges, and the inherent volatility of the cryptocurrency market remain significant restraints. The forecast period of 2025-2033 sees increased adoption of advanced technologies like blockchain analytics and AI-powered trading tools as further key drivers. Further growth hinges on several factors. The maturation of the cryptocurrency infrastructure, including improved regulatory clarity and the development of more user-friendly interfaces, will be pivotal. Successful integration of Litecoin into mainstream financial systems and its adoption by larger merchants could also significantly boost market size. Conversely, significant regulatory crackdowns or major security breaches within the exchange sector could negatively impact growth. The competitive landscape will remain dynamic, with existing players vying for market share and new entrants continuously emerging. The success of individual Litecoin exchanges will depend on their ability to innovate, offer competitive fees, enhance security, and provide a positive user experience. A focus on user education and risk management will also be essential to attract and retain a wider customer base. This combined analysis suggests substantial, albeit measured, growth for the Litecoin exchange market over the next decade.

Crypto 24h trading volume declined as 2023 progressed, with figures being ********* lower than in 2022. The decline follows Binance - one of the biggest crypto exchanges in the world - received lawsuits in the United States. Observations are also that the crypto market was quiet after April, citing a lack of a "strong overarching narrative". This contrasts with 2021 and 2022 when cryptocurrency dominated the news and many people sought fortune in the digital currency. Bitcoin developments Bitcoin's trade volume slowed in the second quarter of 2023, after hitting a noticeable growth at the beginning of the year. The coin outperformed most of the market. Some attribute this to the announcement in June 2023 that BlackRock filed for a Bitcoin ETF. This iShares Bitcoin Trust was to use Coinbase Custody as its custodian. Regulators in the United States had not yet approved any applications for spot ETFs on Bitcoin. Changes in Ethereum staking in 2023 Ethereum's trade volume changed in 2023 due to the rollout of the Shapella (Shanghai and Cappella) upgrade. The update allowed investors to withdraw (unstake) Ethereum deposited into the network. Staking can be somewhat compared to depositing money at a bank, where one would submit money to be held and gains interest as time goes by. Lido has the highest staking pool (a platform that allows for staking) in Ethereum, higher than major crypto exchanges Coinbase and Kraken. As of August 14, 2025, the 24h trading volume stands at ******.

The Bitcoin exchange market has witnessed a substantial surge, with its market size projected to reach $674.52 million by 2033, exhibiting a remarkable CAGR of 38.49% during the forecast period. This growth can be attributed to several factors, including the increasing adoption of digital currencies, the rising demand for decentralized financial services, and the growing trust in regulated Bitcoin exchanges. The market is highly competitive, with major players such as Binance, Kraken, and Coinbase dominating the landscape. Segmenting the market by trading volume reveals that high-volume exchanges account for the largest share, driven by the need for faster transaction execution and lower fees for large trades. In terms of fee structure, variable fees are gaining popularity due to their flexibility and adaptability to changing market conditions. Moreover, enhanced security measures, such as multi-signature wallets and Know-Your-Customer (KYC) compliance, have become essential to protect user assets and mitigate risks. Geographically, North America and Asia Pacific dominate the Bitcoin exchange market, with the United States and China being the major contributors. The growing demand for digital currency trading and the availability of a mature regulatory framework in these regions have fueled this dominance. Key drivers for this market are: Emerging markets expansion Regulatory clarity Technological advancements Cross chain interoperability Institutional adoption. Potential restraints include: Growing Cryptocurrency, Adoption Regulatory Landscape Evolution; Technological Advancements; Increasing Institutional Investment; Competition Intensification.

Bitcoin Exchange Market Outlook

The global Bitcoin exchange market size is projected to grow from USD 4.1 billion in 2023 to approximately USD 12.3 billion by 2032, reflecting a robust CAGR of 13.1% over the forecast period. This growth trajectory is driven by several factors, including increasing adoption of cryptocurrencies, burgeoning interest in decentralized finance (DeFi), and advancements in blockchain technology.

One of the primary growth factors for the Bitcoin exchange market is the increasing acceptance and mainstream adoption of cryptocurrencies by both individuals and institutions. As more people become aware of the benefits of digital currencies, such as lower transaction fees and enhanced security features, the demand for Bitcoin exchanges is expected to rise. Furthermore, institutional investors are increasingly viewing Bitcoin as a legitimate asset class, leading to significant inflows of capital into the cryptocurrency market. Regulatory clarity in various regions is also fostering a conducive environment for Bitcoin exchange growth, reducing the perceived risks associated with cryptocurrency investments.

Another significant driver is the rapid technological advancements in blockchain and related technologies, which underpin Bitcoin exchanges. Innovations such as scalability solutions, improved transaction speeds, and enhanced security protocols are making Bitcoin exchanges more reliable and user-friendly. These technological advancements are attracting a broader user base, including retail investors and traders who seek efficient and secure platforms for cryptocurrency transactions. Moreover, the rise of decentralized finance (DeFi) platforms is providing new opportunities for Bitcoin exchanges, enabling users to engage in a wide range of financial activities without intermediaries.

The proliferation of mobile and internet connectivity has also played a crucial role in the growth of the Bitcoin exchange market. With the increasing penetration of smartphones and high-speed internet, more people can easily access Bitcoin exchanges and participate in cryptocurrency trading. This is particularly significant in developing regions where traditional banking infrastructure may be lacking. Mobile-based Bitcoin exchanges are offering a convenient and accessible means for people to invest in cryptocurrencies, further driving market growth.

As the Bitcoin exchange market continues to expand, innovative financial solutions such as Bitcoin Loan services are emerging, offering new opportunities for both investors and borrowers. Bitcoin Loans allow users to leverage their cryptocurrency holdings as collateral to secure loans, providing liquidity without the need to sell their digital assets. This financial product is gaining traction as it offers a flexible and efficient way for individuals and businesses to access capital. The integration of Bitcoin Loans into the broader financial ecosystem is expected to further drive the adoption of cryptocurrencies, as it provides an alternative to traditional lending mechanisms. By offering competitive interest rates and streamlined processes, Bitcoin Loan services are attracting a diverse range of users, from retail investors to institutional clients, looking to optimize their financial strategies.

In terms of regional outlook, North America currently dominates the Bitcoin exchange market, driven by high adoption rates and favorable regulatory frameworks. The presence of major cryptocurrency exchanges and advanced technological infrastructure also contributes to the region's leadership. However, the Asia Pacific region is expected to exhibit the highest growth rate during the forecast period, fueled by increasing cryptocurrency adoption in countries like Japan, South Korea, and India. The region's tech-savvy population and supportive government policies are further propelling market expansion. Europe and Latin America are also witnessing significant growth, driven by increasing investment in digital currencies and the development of blockchain technologies.

Type Analysis

The Bitcoin exchange market can be segmented by type into Centralized Exchanges (CEX) and Decentralized Exchanges (DEX). Centralized exchanges, like Coinbase and Binance, play a dominant role in the market due to their user-friendly interfaces, high liquidity, and robust security measures. These platforms act as intermediaries between buyers and sellers, ensuring smooth and efficient transactions. Centralized exchanges have gai

Context:

This dataset is an extra updating dataset for the G-Research Crypto Forecasting competition.

Introduction

This is a daily updated dataset, automaticlly collecting market data for G-Research crypto forecasting competition. The data is of the 1-minute resolution, collected for all competition assets and both retrieval and uploading are fully automated. see discussion topic.

The Data

For every asset in the competition, the following fields from Binance's official API endpoint for historical candlestick data are collected, saved, and processed.

1. **timestamp** - A timestamp for the minute covered by the row.
2. **Asset_ID** - An ID code for the cryptoasset.
3. **Count** - The number of trades that took place this minute.
4. **Open** - The USD price at the beginning of the minute.
5. **High** - The highest USD price during the minute.
6. **Low** - The lowest USD price during the minute.
7. **Close** - The USD price at the end of the minute.
8. **Volume** - The number of cryptoasset u units traded during the minute.
9. **VWAP** - The volume-weighted average price for the minute.
10. **Target** - 15 minute residualized returns. See the 'Prediction and Evaluation section of this notebook for details of how the target is calculated.
11. **Weight** - Weight, defined by the competition hosts [here](https://www.kaggle.com/cstein06/tutorial-to-the-g-research-crypto-competition)
12. **Asset_Name** - Human readable Asset name.

Indexing

The dataframe is indexed by timestamp and sorted from oldest to newest. The first row starts at the first timestamp available on the exchange, which is July 2017 for the longest-running pairs.

Usage Example

The following is a collection of simple starter notebooks for Kaggle's Crypto Comp showing PurgedTimeSeries in use with the collected dataset. Purged TimesSeries is explained here. There are many configuration variables below to allow you to experiment. Use either GPU or TPU. You can control which years are loaded, which neural networks are used, and whether to use feature engineering. You can experiment with different data preprocessing, model architecture, loss, optimizers, and learning rate schedules. The extra datasets contain the full history of the assets in the same format as the competition, so you can input that into your model too.

Baseline Example Notebooks:

• Neural Network Starter
• LightGBM Starter
• Catboost Starter
• XGBoost Starter
• TabNet Starter
• Reinforcement Learning (PPO) Starter

These notebooks follow the ideas presented in my "Initial Thoughts" here. Some code sections have been reused from Chris' great (great) notebook series on SIIM ISIC melanoma detection competition here

Loose-ends:

This is a work in progress and will be updated constantly throughout the competition. At the moment, there are some known issues that still needed to be addressed:

• VWAP: - At the moment VWAP calculation formula is still unclear. Currently the dataset uses an approximation calculated from the Open, High, Low, Close, Volume candlesticks. [Waiting for competition hosts input]
• Target Labeling: There exist some mismatches to the original target provided by the hosts at some time intervals. On all the others - it is the same. The labeling code can be seen here. [Waiting for competition hosts] input]
• Filtering: No filtration of 0 volume data is taken place.

Example Visualisations

Opening price with an added indicator (MA50): https://www.googleapis.com/download/storage/v1/b/kaggle-user-content/o/inbox%2F2234678%2Fb8664e6f26dc84e9a40d5a3d915c9640%2Fdownload.png?generation=1582053879538546&alt=media" alt="">

Volume and number of trades: https://www.googleapis.com/download/storage/v1/b/kaggle-user-content/o/inbox%2F2234678%2Fcd04ed586b08c1576a7b67d163ad9889%2Fdownload-1.png?generation=1582053899082078&alt=media" alt="">

License

This data is being collected automatically from the crypto exchange Binance.