DeFI News by Thebittimes.Com

Author | WuBlockchain In February 2025, the spot trading volume of major CEXs decreased by 21% compared to January. The top three CEXs in terms of change rate were Bitfinex +14%, MEXC +3%, and Bitget -15%. The bottom three CEXs were Upbit -46%, Crypto.com -29%, and Kraken -27%. The derivatives trading volume of major CEXs in February decreased by 17% compared to January. The top three CEXs in terms of change rate were MEXC +7%, Gate +4%, and HTX -13%. The bottom three CEXs were Crypto.com -27%, Kraken -26%, and KuCoin -25%. The website traffic of major CEXs in February decreased by 20% compared to January. The top three CEXs in terms of change rate were HTX +45%, OKX +15%, and Bitget +6%. The bottom three CEXs were KuCoin -62%, Upbit -35%, and Coinbase -29%. Note: These data points may be influenced by wash trading or bot activity. Spot and derivatives data were sourced from CoinGecko, while website traffic data was obtained from Similarweb. Follow us Twitter: https://twitter.com/WuBlo...

Crypto.com and Adelaide Oval have integrated to enable the first ever crypto payments at an Australian stadium. Users will pay with crypto via Crypto.com Pay, with a AUD$10 cashback for first 1,000 transactions. The partnership also involves payments terminals provider DataMesh Crypto.com has announced a major partnership with Adelaide Oval, one of the top sporting grounds in Australia. According to details in a news release today, Crypto.com and Adelaide Oval have integrated to bring the first-ever crypto payments at a major stadium in Australia. Oval is the home of Australian Rules football club Adelaide Crows. Sports fans to pay via Crypto.com Pay at Adelaide Oval In the announcement on Thursday, Crypto.com said its partnership with Adelaide Oval also includes DataMesh, a leading payments terminal provider. The collaboration will see sports fans and concert-goers in the country pay with crypto at food and drinks outlets in the stadium. Customers will ...

Regulatory enforcement against the crypto sector has spooked investors, but the total crypto market capitalization continues to hold above $1 trillion. A bearish trend formation has been pressuring cryptocurrency prices for the past eight weeks, driving the total market capitalization to its lowest level in more than two months at $1.06 trillion, a 2.4% decline between June 4 and June 11. This time, the move wasn’t driven by Bitcoin (BTC), as the leading cryptocurrency gained 0.8% during the seven-day period. The negative pressure came from a handful of altcoins that plunged over 15%, including BNB (BNB), Cardano (ADA), Solana (SOL), Polygon (MATIC) and Polkadot (DOT). Total crypto market cap in USD, 1-day. Source: TradingView Notice that the downtrend initiated in mid-April has tested the support level in multiple instances, indicating that an eventual break to the upside would require extra effort from the bulls. The United States Securities and Exchange Commission tagged multiple a...