Based on 24 hour trading volume, stablecoin Bitcoin outpaced Ethereum and, more importantly, Tether in May 2025, accounting for most crypto trades. This is unusual as stablecoin Tether often tends to be most traded - due to its use in purchasing other cryptocurrencies. Bitcoin's leading role is underlined in a market cap league table of more than 100 cryptocurrencies — including ones for DeFi, NFT and stablecoins. Bitcoin and Ethereum are typically the only ones to reach over *** billion U.S. dollars, with Ethereum usually following by around one **** this amount. Does this mean that Bitcoin gets traded more than Ethereum? Not necessarily, as the daily transactions of Ethereum tend to be significantly higher than that of Bitcoin.

Crypto 24h trading volume declined as 2023 progressed, with figures being ********* lower than in 2022. The decline follows after 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 May **, 2025, the 24h trading volume stands at *****.

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

How many cryptocurrencies are there? In short, there were over ***** as of June 2025, although there were many more digital coins in the early months of 2022. Note, however, that a large portion of cryptocurrencies might not be that significant. There are other estimates of roughly ****** cryptocurrencies existing, but most of these are either inactive or discontinued. Due to how open the creation process of a cryptocurrency is, it is relatively easy to make one. Indeed, the top 20 cryptocurrencies make up nearly ** percent of the total market. Why are there thousands of cryptocurrencies? Any private individual or company that knows how to write a program on a blockchain can technically create a cryptocurrency. That blockchain can be an existing one. Ethereum and Binance Smart Chain are popular blockchain platforms for such ends, including smart contracts within Decentralized Finance (DeFi). The ease of crypto creation allows some individuals to find solutions to real-world payment problems while others hope to make a quick profit. This explains why some crypto lack utility. Meme coins such as Dogecoin - named after a Japanese dog species - are an infamous example, with Dogecoin's creator coming out and stating the coin started as a joke. The many types of cryptocurrency Meme coins are but one group of cryptocurrencies. Other types include altcoins, utility tokens, governance tokens, and stablecoins. Altcoins are often measured against Bitcoin, as this refers to all crypto that followed Bitcoin - the first digital currency ever created. Utility tokens and governance tokens are somewhat connected to NFTs and the metaverse. A specific example is the MANA cryptocurrency, which allows real estate purchases in the Decentraland metaverse. Stablecoins refer to the likes of Tether, which are pegged to a real-world asset like the U.S. dollar. Such coins are meant to be less volatile than regular cryptocurrency.

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.

MT Newswires’ team of highly experienced financial reporters produces timely and actionable commentary throughout the day to keep readers abreast of all the latest happenings in the digital marketplace: price spikes and price plunges in popular virtual coins, DeFi and NFT price action, regulatory updates, corporate adoption announcements, overarching industry trends, and more. Live Briefs Crypto News & Insights additionally incorporates educational “explainer” guides and longer form technical analysis to ensure that the content and crypto discovery is accessible to everyone – whether individual investors and traders entirely new to the concept or professional wealth managers looking for in-depth industry coverage to guide informed decision making on behalf of their clients. 

Every story includes relevant symbols and is category-coded to allow for seamless platform integration.

·       Top News – The most significant drivers of digital assets every day;  ·       Breaking News – real-time coverage of the events most likely to affect prices and adoption of cryptocurrencies and actively traded NFTs at any given moment; ·       Crypto Market Summaries – daily summaries covering major price action and regulatory developments globally; ·       Influencers & Social Buzz – objective coverage of the most talked about cryptocurrencies on social media and related sentiment indications; ·       Top Movers - intra-day updates on major price moves among the most popular cryptocurrencies; ·       Policy & Regulation - timely news on the rapidly evolving Digital Central Bank Currency policies with country specific regulatory developments; ·       Crypto Explainer - educational pieces to help investors understand the complex world of digital assets; ·       Get Digital - The Weekend Crypto Report, wrapping up the biggest digital currency news from the prior week and looking ahead to what may drive pricing in the week to come

Thousands of new cryptocurrencies have been introduced in recent years. Most are introduced with a so-called "whitepaper" containing a mix of technical documentation, legal boilerplate and marketing material. Notably, many proposed currencies reuse text from previous established cryptocurrencies. We analyze the whitepapers from 1 260 actively traded cryptocurrencies and 2 039 ICOs. We develop two measures of similarity. Moderately similar papers reuse text in a portion of the paper, often the legal disclaimers. By contrast, some highly similar whitepapers appear to copy most of the text. 4% of coin and 19% of ICO whitepapers are highly similar to those of traded coins. The fraction rises to 64% for coins and 67% for ICOs when we consider moderate text reuse.

Crypto Bot Trading Tool Market Outlook

The global market size for Crypto Bot Trading Tools is projected to grow significantly, with an estimated CAGR of 18.5% from 2024 to 2032. The market size is expected to surge from $450 million in 2023 to approximately $1.57 billion by 2032. Key growth factors include the increasing acceptance of cryptocurrencies, advancements in artificial intelligence (AI) and machine learning (ML) technologies, and a rising demand for automation in trading processes.

The growth of the Crypto Bot Trading Tool market is primarily driven by the increasing adoption of cryptocurrencies for financial transactions and investments. As digital currencies gain mainstream acceptance, more traders and investors are seeking efficient ways to manage their portfolios, leading to a growing demand for automated trading solutions. Additionally, the volatility of cryptocurrency markets presents numerous trading opportunities, making automated tools highly attractive for maximizing profits and minimizing risks.

Another significant growth factor is the advancement in AI and ML technologies, which are the backbone of intelligent trading bots. These technologies enable bots to execute complex trading strategies, analyze vast amounts of data in real-time, and make more informed decisions. As AI and ML continue to evolve, their integration into trading tools is expected to enhance the efficiency, accuracy, and profitability of crypto trading, thus driving market growth.

Furthermore, the increasing demand for automation in trading processes is contributing to the expansion of the Crypto Bot Trading Tool market. Automated trading tools reduce the need for constant manual monitoring, enabling traders to execute trades 24/7 and capitalize on market opportunities even when they are not actively watching the markets. This convenience, coupled with the potential for higher returns, is encouraging more traders to adopt crypto bot trading tools.

From a regional perspective, the Asia Pacific region is expected to witness the highest growth rate, driven by the rapid adoption of cryptocurrencies in countries like Japan, South Korea, and China. North America and Europe are also significant markets, owing to the presence of established cryptocurrency exchanges and a high level of technological adoption. In contrast, regions like Latin America and the Middle East & Africa are in the nascent stages of adoption but are expected to show steady growth over the forecast period.

Component Analysis

The Crypto Bot Trading Tool market by component can be categorized into software and services. The software segment dominates the market, driven by the extensive use of advanced algorithms and AI technologies in trading bots. These software solutions are designed to execute complex trading strategies, analyze market trends, and provide real-time trading signals. As the cryptocurrency market becomes more sophisticated, the demand for robust and feature-rich trading software continues to grow.

Within the software segment, there is a broad spectrum of products ranging from basic bots that execute simple buy/sell orders to advanced bots capable of implementing intricate trading strategies like arbitrage and scalping. The continuous innovation in this segment, including the incorporation of machine learning and predictive analytics, is expected to further enhance the capabilities of trading bots and drive market growth.

The services segment, though smaller than software, plays a crucial role in the market. This includes services such as installation, maintenance, and support, as well as customization of trading bots to meet specific user requirements. As the adoption of crypto trading bots increases, the demand for these ancillary services is also expected to rise, ensuring the optimal performance and reliability of the trading tools.

Moreover, professional services such as consulting, training, and strategy development are becoming increasingly important. These services help traders understand and leverage the full potential of their trading bots, thereby maximizing their returns. The growing complexity of crypto markets necessitates a higher level of expertise, which is provided through these professional services.

Overall, the component segment of the Crypto Bot Trading Tool market is poised for significant growth, driven by advancements in software capabilities and an increasing reliance on services to ensure the effective deployment and operation of trading bots.

The global user base of cryptocurrencies increased by nearly *** percent between 2018 and 2020, only to accelerate further in 2022. This is according to calculations from various sources, based on information from trading platforms and on-chain wallets. Increasing demographics might initially be attributed to a rise in the number of accounts and improvements in identification. In 2021, however, crypto adoption continued as companies like Tesla and Mastercard announced their interest in cryptocurrency. Consumers in Africa, Asia, and South America were most likely to be an owner of cryptocurrencies, such as Bitcoin, in 2022. How many of these users have Bitcoin? User figures for individual cryptocurrencies are unavailable. Bitcoin, for instance, was created not to be tracked by banks and governments. What comes closest is the trading volume of Bitcoin against domestic fiat currencies. The source assumed, however, that UK residents were the most likely to make Bitcoin transactions with British pounds. This assumption might not be accurate for popular fiat currencies worldwide. Moreover, coins such as Tether or Binance Coin - referred to as "stablecoins" - are often used to buy and sell Bitcoin. Those coins were not included in that particular statistic. Wallet usage declined Total crypto wallet downloads were significantly lower in 2022 than in 2021. The number of downloads of Coinbase, Blockchain.com, and MetaMask, among others, declined as the market hit a "crypto winter" over the year. The crypto market also suffered bad press when FTX - one of the largest crypto exchanges based on market share - collapsed in November 2022. Binance, on the other hand, regained some of the market share it had lost between September and October 2022, growing by *** percentage points in November. As of 2025, the highest forecast for the global user base of cryptocurrencies is projected to reach *** million.

Snapshot img

Cryptocurrency ATM Market Size 2024-2028

The cryptocurrency ATM market size is estimated to grow by USD 4.45 billion at a CAGR of 67.33% between 2023 and 2028. Cryptocurrency mining has seen significant growth in recent years, driven by the increasing number of installations worldwide. The demand for specialized hardware for cryptocurrency trading has surged, leading to a thriving market for manufacturers. This trend is further fueled by the growing acceptance and integration of cryptocurrencies into mainstream finance. Mergers and acquisitions in the industry have also been on the rise, as larger players seek to expand their market share and enhance their technological capabilities. For instance, MicroStrategy's acquisition of Bitmain's stake in BitmainTech, and Bitmain's subsequent acquisition of Canaan Creative, are notable examples of this trend. As the market continues to evolve, we can expect further consolidation and innovation in the cryptocurrency mining sector.

What will be the Size of the Market During the Forecast Period?

For More Highlights About this Report, Request Free Sample

Market Dynamic and Customer Landscape

Cryptocurrency Automated Teller Machines (ATMs) have revolutionized the way digital assets are bought and sold, offering an alternative to conventional banking services for cryptocurrencies. These machines allow users to exchange physical cash for digital assets like Bitcoin and other cryptocurrencies, or vice versa. The Crypto ATM market has seen significant growth as more countries embrace digital currencies and people seek the convenience of cash withdrawals and transactions without the need for traditional banking. Crypto ATMs are increasingly common in public places such as airports, shopping malls, convenience stores, and financial districts. Companies like Genesis Coin and those utilizing Lightning Network technology are leading the innovation in this sector. Users can easily locate Crypto ATMs using resources like Coin ATM Radar and Bitcoin ATM map. Fees for using these machines vary, but they provide a net change of traditional currency for digital assets, making them an attractive option for those seeking to invest or use cryptocurrencies. The future of the crypto ATM sector looks bright as blockchain technology continues to evolve and digital assets gain wider acceptance. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

Increasing number of installations is notably driving market growth. The market is witnessing substantial growth as vendors invest heavily in research and development to introduce innovative technologies and products. These advancements include increasing hash rates and decreasing power consumption for more efficient transactions. In response to the fluctuating cryptocurrency values, affordable ATMs have been launched to expand market reach. For instance, Bitcoin Depot introduced over 350 new cryptocurrency ATMs across the US in May 2021. As of December 30, 2021, approximately 34,000 Bitcoin ATMs are operational worldwide.

Furthermore, the market is segmented into one-way and two-way segments, with Bitcoin being the most popular cryptocurrency for transactions. The hardware and software segments dominate the market, while the KYC process is essential for regulatory compliance. Online platforms like Coin ATM Finder and GENERAL BYTES cater to various industries, including hospitality spaces (restaurants, bars, cafes, hotels, and commercial spaces) and convenience store chains. Cryptocurrency ATMs offer capital appreciation opportunities and serve as a payment alternative for local merchants and personal computer users. The Litecoin blockchain and other altcoins are also gaining traction in the transaction volume, making the market increasingly diverse. Thus, such factors are driving the growth of the market during the forecast period.

Significant Market Trends

Increasing investments in the market is the key trend in the market. The market is witnessing significant growth as vendors focus on enhancing the efficiency of hardware, such as increasing hash rates, to gain a competitive edge. In regions like China, companies are investing in strategic partnerships and acquisitions to expand their reach. Cryptocurrency Automated Teller Machines (ATMs) offer enterprises risk management and capital control benefits, enabling seamless transactions and capital appreciation through Bitcoin, Litecoin, and other digital currencies.

Furthermore, Two-way ATMs, provided by companies like GENERAL BYTES, enable users to buy and sell cryptocurrencies, acting as a payment alternative in various sectors like hospitality spaces (restaurants, bars, cafes, hotels) and commercial spaces (convenience store chains). The mark

CoinAPI's comprehensive set of crypto market indices gives traders and institutions the reliable price benchmarks they need. Our system tracks VWAP and PRIMKT indices data across more than 350 exchanges, updating every 100ms to ensure you always have the latest market information.

The VWAP (Volume-Weighted Average Price) index shows you what's happening across the entire market by combining prices and trading volumes from multiple exchanges. By weighting each trade by its size, VWAP reveals the true market consensus price, filtering out noise from low-liquidity venues. This makes it perfect for making informed trading decisions or valuing your crypto holdings accurately.

Meanwhile, our PRIMKT (Principal Market Price) index focuses specifically on the exchanges with the highest trading volumes for each cryptocurrency pair. This approach meets important accounting standards like IFRS 13 and FASB ASC 820, making it especially valuable for companies that need to report crypto assets on their financial statements.

Both real-time and historical crypto index data are available, giving you the complete picture of market movements over time. Whether you're trading actively, conducting research, or preparing financial reports, our crypto market indices provide the accurate price discovery tools you need.

Why work with us?

Market Coverage & Data Types: - Real-time and historical data since 2010 (for chosen assets) - Market indexes (VWAP, PRIMKT) - 13 Data Sources - +7k indexes tracked - +2k assets covered - Full order book depth (L2/L3) - Tick-by-tick data - OHLCV across multiple timeframes - Exchange rates with fiat pairs - Spot, futures, options, and perpetual contracts - Coverage of 90%+ global trading volume

Technical Excellence: - 99,9% uptime guarantee - 100ms update frequency - Multiple delivery methods: REST, WebSocket, FIX, S3 - Standardized data format across exchanges - Ultra-low latency data streaming - Detailed documentation - Custom integration assistance

From Wall Street trading desks to Silicon Valley analytics firms, financial professionals worldwide rely on our indices when accuracy matters most. We've built our reputation on delivering clean, consistent market benchmarks that stand up to scrutiny. When organizations need to know the true price of digital assets - not just what's displayed on a single exchange - they turn to CoinAPI. Join the community of professionals who've made our crypto market indices their gold standard for price discovery.

Consumers from countries in Africa, Asia, and South America were most likely to be an owner of cryptocurrencies, such as Bitcoin, in 2025. This conclusion can be reached after combining ** different surveys from the Statista's Consumer Insights over the course of that year. Nearly one out of three respondents to Statista's survey in Nigeria, for instance, mentioned they either owned or use a digital coin, rather than *** out of 100 respondents in the United States. This is a significant change from a list that looks at the Bitcoin (BTC) trading volume in ** countries: There, the United States and Russia were said to have traded the highest amounts of this particular virtual coin. Nevertheless, African and Latin American countries are noticeable entries in that list too. Daily use, or an investment tool? The survey asked whether consumers either owned or used cryptocurrencies but does not specify their exact use or purpose. Some countries, however, are more likely to use digital currencies on a day-to-day basis. Nigeria increasingly uses mobile money operations to either pay in stores or to send money to family and friends. Polish consumers could buy several types of products with a cryptocurrency in 2019. Opposed to this is the country of Vietnam: Here, the use of Bitcoin and other cryptocurrencies as a payment method is forbidden. Owning some form of cryptocurrency in Vietnam as an investment is allowed, however. Which countries are more likely to invest in cryptocurrencies? Professional investors looking for a cryptocurrency-themed ETF were more often found in Europe than in the United or China, according to a survey in early 2020. Most of the largest crypto hedge fund managers with a location in Europe in 2020, were either from the United Kingdom or Switzerland - the country with the highest cryptocurrency adoption rate in Europe according to Statista's Global Consumer Survey. Whether this had changed by 2025 was not yet clear.

Cryptocurrency enjoyed a prosperous year in 2021 as the asset class enjoyed record returns. In 2021, the crypto industry's total market capitalization grew by 187.5%, peaking at around US$3 trillion, with many of the top coins offering four-digit and even five-digit percentage returns. The value of Bitcoin peaked at almost US$65,000 in mid-April 2021 before falling to US$30,000 by June 2021. Today, over 20,000 different cryptocurrencies exist, with some having little to no following while others enjoy immense popularity, like Bitcoin and Ethereum. The tide turned however as the year came to an end as many economies grappled with numerous macroeconomic headwinds. Financial markets were negatively impacted by these headwinds with both stocks and fixed-income assets struggling. Cryptocurrency would not be spared, leading crypto assets like Bitcoin and Ethereum down as much as 50% in the first half of 2022. Market experts speculate that cryptocurrency may fall even lower by year-end 2022 given the uncertainty that has recently plagued the industry following the collapse of one of the largest cryptocurrency exchanges.

The Fall of FTX Prior to November 2022, FTX was recognized as one of the largest cryptocurrency exchanges in the world, gaining immense popularity during its short existence. The exchange was founded in 2019 with Sam Bankman-Fried co-founding and being the largest stakeholder in the company from inception. Mr Bankman-Fried also co-founded Alameda Research 2017, a quantitative cryptocurrency trading firm.
FTX enjoyed a meteoric rise, peaking in 2021 as the company’s valuation reached US$32 billion. The exchange also issued its own cryptocurrency token called FTT. At its peak in 2021, the exchange had over 1 million users and was the third largest crypto exchange by volume with its token FTT reaching a market cap of $9.39 billion. In 2022, as crypto assets struggled, the FTX exchange stood as one of the brighter lights in the sector. As other cryptocurrency exchanges were challenged on many fronts including bankruptcy earlier in the year, the majority owner of FTX came to the rescue offering financial support to several companies including Robinhood and Voyager. Sam Bankman-Fried would soon gain the nickname “Crypto’s White Knight”. FTX's downfall began when CoinDesk, a news site specializing in bitcoin and digital currencies, released a statement on November 2 2022 revealing that Alameda Research Trading firm was heavily invested in FTT, FTX’s own cryptocurrency, which represented around 40% of the trading firm’s asset holdings. This news put Sam in the spotlight and sparked widespread selloffs in digital assets. The story exposed the depth and complexity of the relationship between FTX and Alameda Research, including that FTX was lending significant quantities of its own token FTT to the trading firm to build up the cash levels. Although the company attempted damage control through public reassurances to its customers, it failed to prevent customers from withdrawing their funds. Four days later on November 6 2022, Binance, the world’s largest crypto exchange announced their decision to sell their entire holdings of the FTT tokens worth approximately US$529 million. Binance’s decision to liquidate its position in FTT was based on a risk management strategy following the collapse of the Terra (LUNA) crypto token earlier in 2022. Subsequent to this announcement, withdrawal requests began to rise rapidly and two days later, FTX was faced with a liquidity crisis and stopped paying back customers. While a bail-out was initially offered by Binance, it was rescinded after the necessary due diligence. As a result, eight days after the story broke, on November 11 2022 the company, FTX filed for bankruptcy.

Access our data for free: https://matrix.blocksize.capital/auth/open/sign-up

The Blocksize 30-Minute VWAP Feed provides precise, time-anchored pricing snapshots for digital assets, updated every 30 minutes around the clock. Designed for use cases where regular and unbiased price reference points are essential — such as portfolio valuation, fund NAV calculation, settlement, or compliance reporting — this feed offers volume-weighted average prices based on executed trades across a broad and continuously vetted set of exchanges.

Each pricing point is calculated using trade data observed during the 30-minute interval immediately preceding each half-hour mark (e.g., 00:30, 01:00, 01:30 UTC, etc.). For each interval, the final price is derived from the volume-weighted average of the last trade events on all reporting exchanges. This method ensures that higher-volume trades contribute more significantly to the resulting price, offering a fair and liquidity-sensitive reflection of market value.

To ensure accuracy and data integrity, only validated trade events with complete volume, price, and timestamp information are considered. Any incomplete, malformed, or delayed exchange data is automatically excluded from the calculation. In the rare event that no valid data is available for a given interval, the feed defaults to the last available valid price to preserve pricing continuity — a critical feature for settlement systems and automated pipelines.

The feed also benefits from active oversight and quality assurance by Blocksize’s internal data committee. Exchanges that show recurring anomalies or inconsistencies are removed from the input set until verified corrections are made, while new sources are added only after rigorous integrity checks. This combination of automation, governance, and data hygiene ensures that the 30-minute VWAP feed remains a trusted pricing oracle for digital asset markets, even during volatile or low-liquidity periods.

Our Customers:

• Oracles & DeFi Protocols and Applications
• Asset & Fund Managers investing in digital assets
• Asset Custodians storing digital assets
• Banks, Brokers with crypto offering
• Traditional Data Providers planning to extend their offering to digital assets
• Information Provider platforms

Questions? Reach out to our qualified data team.

PII Statement: Our datasets does not include personal, pseudonymized, or sensitive user data.

The global financial blockchain market is experiencing robust growth, driven by increasing adoption of blockchain technology across various financial applications. The market's expansion is fueled by several key factors, including the need for enhanced security and transparency in financial transactions, the desire for faster and more efficient cross-border payments, and the growing interest in decentralized finance (DeFi) applications. The integration of blockchain into existing financial infrastructures, such as trade finance and securities trading, is streamlining processes and reducing costs. While regulatory uncertainty and scalability challenges remain hurdles, ongoing technological advancements and increasing institutional investment are mitigating these risks. The market is segmented by application (banking, securities & futures, equity trading, etc.) and type of blockchain solution (cross-border payments, trade finance, digital currency, etc.), showcasing the diversity of blockchain's impact on the financial landscape. North America and Europe currently hold significant market share, driven by early adoption and robust technological infrastructure, but Asia-Pacific is projected to witness rapid growth in the coming years due to expanding digital economies and increasing government support for blockchain initiatives. Major players, including established financial institutions like Citibank and HSBC, alongside technology giants such as IBM, Oracle, and AWS, are actively investing in blockchain solutions and driving market innovation, creating a highly competitive yet dynamic environment. The forecast period of 2025-2033 anticipates sustained market expansion, with a considerable Compound Annual Growth Rate (CAGR). This growth will be influenced by continuous technological improvements, the expansion of regulatory frameworks facilitating wider adoption, and the increasing sophistication of blockchain-based financial products and services. Specific segments like digital currency and cross-border payments are likely to experience disproportionately high growth rates, driven by the rising popularity of cryptocurrencies and the persistent demand for faster, more cost-effective international transactions. The increasing collaboration between fintech companies and traditional financial institutions will further stimulate innovation and broaden the market's reach, resulting in a larger and more integrated financial ecosystem leveraging the benefits of blockchain technology. While challenges remain, the long-term outlook for the financial blockchain market remains exceptionally positive, promising a future of enhanced security, efficiency, and transparency within the global financial system.

Yield Farming Crypto Tool Market size was valued at USD XX Billion in 2024 and is projected to reach USD XX Billion by 2031, growing at a CAGR of XX% from 2024 to 2031.

Key Drivers High Potential Returns: Compared to typical investments, yield farming has the potential for far larger returns, which draws in investors looking to optimize their profits. Decentralized Finance (DeFi) Growth: As new platforms and protocols are always being developed, the DeFi ecosystem's explosive growth offers a favorable environment for yield farming operations. Possibility of Passive Income: Yield farming makes it possible for users to profit passively from their cryptocurrency holdings, which appeals to individuals looking to make money without actively trading. Greater Accessibility: A larger audience, including those with little technical expertise, can now more easily understand yield farming thanks to the creation of user-friendly tools and platforms. Innovation and Development: New yield farming techniques and protocols, among other ongoing innovations in the DeFi domain, are propelling market development and opening up new avenues for investor opportunity.

The global One-Stop Digital Asset Service Platform market is experiencing robust growth, driven by increasing cryptocurrency adoption, the expanding institutional investor base, and the demand for comprehensive, user-friendly platforms. The market, estimated at $50 billion in 2025, is projected to achieve a Compound Annual Growth Rate (CAGR) of 25% from 2025 to 2033, reaching an estimated $250 billion by 2033. This growth is fueled by several key trends, including the increasing sophistication of trading platforms offering advanced features like algorithmic trading and margin trading, the rising popularity of escrow services for secure digital asset transactions, and the expansion of lending platforms providing attractive yields on crypto holdings. The segment breakdown reveals that the Enterprise segment is a major revenue contributor, owing to the need for robust security and compliance features for large-scale digital asset management. Trading platforms currently dominate the types segment, reflecting the core activity of many users, but the Escrow and Lending segments are witnessing rapid growth. Geographic analysis indicates that North America and Asia Pacific hold significant market shares, reflecting high levels of cryptocurrency adoption and technological advancement in these regions. However, regulatory uncertainty and security concerns remain significant restraints to market growth. The competitive landscape is dynamic, with established players like Coinbase, Binance, and Kraken leading the market. These established players are constantly innovating and expanding their service offerings to maintain their competitive edge. Emerging players are also entering the market, focusing on niche areas such as decentralized finance (DeFi) services and specialized custodial solutions. Future growth will be heavily influenced by regulatory developments, technological advancements (such as improved blockchain scalability and security), and evolving user preferences. The increasing integration of digital assets into traditional financial systems will be a significant catalyst for growth. Furthermore, the development and adoption of more user-friendly and secure platforms will also play a crucial role in shaping market growth in the coming years.

Users between 35 and 44 were ***** as active on Robinhood than they were on cryptocurrency traders. The number of users of the commission-free trading app nearly doubled in 2021. Younger users, however, were more active on cryptocurrency exchanges than on Robinhood or the websites of traditional brokers. Coinbase ranked as one of the United States' most popular crypto exchanges in 2022 - although Robinhood was also used for such ends.

Interest in Bitcoin and cryptocurrencies in 2020 was seemingly higher in Africa and Latin America than some of the world's developed economies. This shows after analyzing Bitcoin trading volume against domestic currencies used for the transaction of the digital coin. In 2020, roughly *** million U.S. dollars worth of Russian rubles were used to buy Bitcoin on an exchange, against *** million U.S. dollars worth of Nigerian naira. The source assumes the currencies are mainly used by the domestic population - e.g., transactions made with British pounds are likely done by UK residents -, and makes the same assumption for the United States, despite the international appeal of the U.S. dollar on foreign exchange markets. Africa and Latin America lead the way Although the source does not mention all countries in Africa and Latin America, the few entries these regions do have in the list stand out. Bitcoin trading volume in Nigeria, for instance, was twice as high as that of the eurozone in 2020. Colombia's market size was twice that of Canada. Whether this interest is for actual payment use on a day-to-day basis or as a tool for investment is not really clear. Data from Statista's Global Consumer Survey on payment methods in Egypt reveals that * percent of Egyptians either owned or used Bitcoin, but does not specify the exact use or purpose of the cryptocurrency. Bitcoin: the "Renaissance" Believed by some to fade into obscurity after hitting the news in 2017 and price declines that followed afterward, the world's most well-known cryptocurrency witnessed a "rebirth" at the end of 2020: Within five days in January 2021, the price of Bitcoin soared from ****** U.S. dollars to ****** U.S. dollars. Bitcoin's market cap - calculated by multiplying the total number of Bitcoins in circulation against its price - grew as well, more than doubling in early January 2021 against November 2020.

The daily active users (DAU) of Coinbase and Binance grew in Germany between January 2021 and December 2020, but the highest growth was in German-language apps. The user base of BISON - a trading app for cryptocurrencies backed up by the Börse Stuttgart - and Israel-based eToro both nearly doubled. Cryptocurrency interest grew during this same as the Bitcoin price surged to new heights in late 2020 and early 2021.