Centralized Exchange

According to official news, Cardano DeFi Hub Astarter, led by Cardano\’s official business department and founding entities EMURGO and OKX Ventures, will launch its second product i

It is reported that the collapse of Silicon Valley Bank (SVB) has led to a significant flow of funds from the Centralized Exchange (CEX) to the Decentralized Exchange (DEX). Chainalysis, a blockchain analysis company, explained in a blog post on March 16th that when markets are volatile, capital outflows from centralized exchanges typically surge, as users may worry that they will not be able to use their funds in the event of an exchange failure. Chainalysis: After the collapse of the Silicon Valley bank, crypto users turned to DEX, and the purchase volume of USDCs on DEX surged Analysis based on this information:The collapse of Silicon Valley Bank (SVB) has triggered a significant shift in the movement of funds from centralized exchanges (CEX) to decentralized exchanges (DEX), according to a blog post released on March 16th by Chainalysis, a blockchain analysis company. As the markets continue to remain volatile, the capital outflows from centralized exchanges have surged, and users have…

On March 15th, data showed that Bitcoin once exceeded 26000 US dollars yesterday, and the daily trading volume of Bitcoin on the centralized exchange exceeded 20 billion US dollars (USDT and USDC trading pairs), hitting a new 4-month high since the FTX crash. Data: CEX’s Bitcoin daily trading volume exceeded $20 billion, hitting a new high in nearly four months Analysis based on this information:The recent data on Bitcoin trading volume and its value on the centralized exchange were impressive. On March 15th, Bitcoin exceeded 26000 US dollars, which is a significant milestone given the current cryptocurrency market conditions. Moreover, the trading volume on the centralized exchange has surpassed 20 billion US dollars. This marks a new 4-month high, which is encouraging news for Bitcoin enthusiasts and investors. This incredible increase in trading volume is observed in both USDT and USDC trading pairs. Tether (USDT) is a stablecoin that is pegged to the US dollar, making it less volatile than…

It is reported that the blockchain analysis company Nansen\’s on-chain data shows that the encrypted wallet has withdrawn nearly 902 million dollars of USDC fro…

According to reports, Nansen, a blockchain analysis company, tweeted that Circle had destroyed USDC worth 2.34 billion dollars in the past 24 hours, of which 7…

It is reported that many market observers predict that the use of decentralized exchanges will increase sharply after the collapse of FTX last year, but analys…