april
Crypto Exchange Volumes Slump in April, Breaking Six-Month Bullish Streak as Market Shifts Focus to Niche Sectors
LONDON — After a blistering six-month rally that captured the attention of global financial markets, the momentum powering centralized cryptocurrency exchanges (CEXs) abruptly stalled in April. New data compiled by prominent blockchain and digital asset research firm CCData reveals a dramatic contraction in trading activity, snapping one of the longest consecutive periods of growth the […]
Centralized Crypto Exchanges Suffer Steep 43.8% Volume Drop in April, Breaking Six-Month Bullish Streak
Main Facts The explosive momentum that characterized the cryptocurrency market through the late winter and early spring of 2024 encountered a severe roadblock in April. New comprehensive blockchain data compiled by market tracker CCData reveals that the total trading volume across centralized cryptocurrency exchanges (CEXs)—encompassing both spot and derivatives markets—suffered a staggering 43.8% contraction during […]
Centralized Crypto Exchange Volumes Plummet 43.8% in April, Ending Six-Month Bull Run
LONDON — After half a year of relentless growth and surging market enthusiasm, the centralized cryptocurrency exchange (CEX) sector hit a sharp speed bump in April. According to comprehensive new data from premier blockchain and digital asset research firm CCData, the combined trading volume for spot markets and derivatives across top-tier and lower-tier centralized platforms […]
Centralized Crypto Exchange Volumes Plummet 43.8% in April After Six Months of Unprecedented Growth
Main Facts: The Great Cool-Down in Centralized Crypto Trading The explosive momentum that characterized the cryptocurrency markets through the late autumn and early winter of 2023 and the first quarter of 2024 has hit a significant speed bump. According to comprehensive new data from digital asset blockchain tracker CCData, the overall trading volume across centralized […]
Centralized Crypto Exchanges Suffer Record-Breaking 43.8% Volume Plunge in April, Ending Six-Month Bullish Streak
Introduction and Main Facts The red-hot momentum that characterized the cryptocurrency markets through the late winter and early spring of 2024 has hit a formidable speed bump. Fresh blockchain data released by digital asset tracking firm CCData reveals that the combined spot and derivatives trading volume across centralized cryptocurrency exchanges (CEXs) plummeted by a staggering […]
UK Enhances Crypto Enforcement: New Powers to Seize Digital Assets Go Live April 26
The United Kingdom is poised to enter a new era of digital asset regulation. As part of a broader strategy to combat financial crime and modernize the nation’s regulatory framework, the UK government has confirmed that significant new powers granting law enforcement the authority to seize, freeze, and liquidate cryptocurrency assets will come into full […]
Centralized Crypto Exchanges Suffer Record 43.8% Volume Drop in April, Ending Six-Month Bullish Streak
A significant cooldown hit digital asset markets in April as macroeconomic pressures and shifting investor sentiment brought an abrupt halt to months of explosive growth across centralized trading platforms. Main Facts The explosive momentum that characterized the cryptocurrency market through the late winter and early spring of 2024 encountered a substantial roadblock in April. New […]
Crypto Trading Volumes Hit the Brakes: Centralized Exchanges See Sharp Decline in April
The explosive momentum that defined the first quarter of 2024 for the cryptocurrency market has encountered a significant speed bump. After six consecutive months of aggressive growth, centralized crypto exchanges (CEXs) witnessed a substantial cooling period in April. According to the latest data provided by blockchain analytics firm CCData, the combined trading volume across both […]
The Great Crypto Cooling: Centralized Exchanges Experience Sharp Volume Contraction in April
After a blistering six-month rally that saw trading activity across the digital asset landscape reach dizzying heights, the cryptocurrency market experienced a significant deceleration in April. New data provided by the blockchain analytics firm CCData indicates that the feverish pace of trading on centralized exchanges (CEXs) has cooled, marking a notable departure from the bullish […]
