Liquidity in crypto markets continues to lag behind traditional finance due to fragmentation, technical design differences, and exposure to external shocks, according to a new report from S&P Global.The study analyzed key liquidity metrics, volume, bid-ask spreads, market depth, and slippage, across centralized and decentralized trading venues for Bitcoin (BTC), Ethereum (ETH), and major stablecoins.The report showed that crypto trading platforms are becoming more efficient but remain fractured across hundreds of markets, with liquidity profiles varying by exchange, asset pair, and trade size.Spot trading volumes on exchanges like Binance still fall well short of traditional venues like the NYSE, and…
Author: cryphedge
Members of the Federal Reserve’s Community Depository Institutions Advisory Council (CDIAC) raised concerns that nonbank-issued stablecoins could accelerate deposit outflows from traditional banks and reduce credit availability to local communities.According to the April 10 meeting records, council members expressed apprehension over pending legislation in Congress related to payment stablecoins and their regulatory treatment. They compared the threat of deposit migration from banks to stablecoin platforms to the exodus of funds to money market mutual funds in the late 20th century, which materially reshaped the financial landscape. Additionally, the council stated that stablecoins represent a digital analogue to that prior wave of disintermediation,…
Dogecoin (DOGE), with its iconic Shiba Inu branding and undeniable community support, has become a significant player in the crypto world. Currently trading at $0.2292, Dogecoin has surged by 6.48% in the last 24 hours, pushing its market cap to $34.21 billion. While its meme-powered rise and institutional attention are impressive, many investors are now asking: Can Dogecoin repeat its magic? Enter Ruvi, the crypto sensation that’s poised to outshine Dogecoin with its revolutionary approach to blockchain technology. If you missed Dogecoin’s early meteoric rise, Ruvi’s game-changing presale could be your second chance at substantial wealth creation. Why Ruvi Offers…
Solana (SOL) has emerged as the fastest-growing Layer 1 blockchain of 2025, surpassing Ethereum (ETH) in developer growth and gaining ground across DeFi, payments, and AI, according to 21Shares’ latest State of Crypto report.In the first two months of the year alone, Solana processed $364 billion in volume, more than Ethereum and Coinbase, and now supports over 100 million monthly active users.With average fees under $0.01 and sub-second transaction finality, Solana’s high-speed, low-cost architecture is driving adoption from both crypto-native users and major institutions.Visa, Shopify, and Stripe are now settling stablecoin payments on Solana, while PayPal and First Digital hold…
Momentum is building for Ethereum and Aave in 2025. Ethereum recently touched $2,513.15, while Aave is moving toward a projected high of $220 for the month. These gains are driven by stronger market sentiment and growing user engagement within the DeFi sector. Ethereum currently holds a $303.41 billion market cap and posts over $29.1 billion in daily trade volume, showing that capital is steadily flowing into high-cap crypto assets. However, the most significant activity revolves around Web3 ai, a presale project projected to return 1747% ROI from its current rate of $0.000347 to its listing price of $0.005242. What makes…
WisdomTree sees XRP as the only altcoin that matches the Bitcoin utility. The market has retained its sentiment status, riding on its value propositions. In its latest report, WisdomTree, a $100 billion asset management firm, designated XRP as the best altcoin for a long-term portfolio strategy alongside Bitcoin. XRP community member SMOKE on X brought the market’s attention to the report. XRP to Complement Bitcoin Strategy In the report, WisdomTree noted that institutional investors are no longer content with exposure to a single mega-cap cryptocurrency. The firm has, therefore, identified XRP as a fitting companion to Bitcoin based on its…
Cardano bulls are displaying their strength soon after the rally triggered a strong rebound from the local bottoms. Since then the platform has been experiencing a rise in volume but the network activity has taken a hit, due to which the volatility has also remained lower. Despite short liquidations of over $800 million, the daily active addresses took a major hit during the times when the prices continued to rise. This drop has come in line with the volume that has witnessed a notable rise of over 30% to 40% in the past couple of days. The rise in the volume…
The cryptocurrency market has faced a correction today. The global crypto market has dipped 3.1% in the last 24 hours to $3.44 trillion. Bitcoin (BTC) tested the $105,000 level earlier this week. The original crypto has fallen to $102,000 today. Pi Coin (Pi Network/PI) also follows the current market trend. PI’s price has fallen 28.8% in the last 24 hours. Despite the dip, the asset is up 91% in the weekly charts, 91.5% in the 14-day charts, and 50% over the previous month.Also Read: Trump’s Tariff Backfires After Fresh China Deal Secures Beijing Win: 5 Key LossesCryptocurrency Market Slumps Amid…
Robinhood has agreed to acquire WonderFi for US$179 million, marking its entry into Canada. The acquisition deal values WonderFi at CA$0.36 per share, a 41% premium. The deal includes the acquisition of Bitbuy and Coinsquare platforms. Robinhood Markets has announced that it has agreed to acquire Vancouver-based WonderFi Technologies in an all-cash transaction valued at US$179 million, marking the retail brokerage’s official entry into the Canadian cryptocurrency market. Under the terms of the deal, WonderFi shareholders will receive C$0.36 per share, representing a 41% premium over the firm’s closing price before the announcement, in a transaction that values the Canadian…
Bitcoin (BTC) has been leading the cryptocurrency market this year with several rallies. Despite its slight slowdown during March and April, the asset managed to shine by jumping back above $100,000 recently. While most assets were undergoing correction, BTC continued to hold its spot above the $100,000 mark. But certain assets took a huge hit over the past 24 hours. One among them was Shiba Inu (SHIB). The second-largest meme coin dipped by over 10%, causing panic. But the rest of the year is looking rather bright for the meme coin.Also Read: Bitcoin Fork Coming? Samson Mow’s 2025 WarningShiba Inu…
