Derivatives trading volume on the largest exchanges experienced a 1.4% decline month-on-month in April. Conversely, futures trading volumes on Binance, the leading centralized exchange (CEX), surged by over 72% from March to April.
China experienced a notable increase in tourism over the recent Labor Day holiday, yet there was a reduction in expenditure by travelers, indicating ongoing sluggishness in consumption within the world's second-largest economy.
On Tuesday, six newly introduced spot bitcoin and ether exchange traded funds (ETFs) in Hong Kong saw positive gains during their debut, with three bitcoin ETFs surging over 2% by midday, showcasing Asian investor interest in cryptocurrency assets.
Brad Garlinghouse, the CEO of Ripple, has expressed his anticipation for the imminent release of the Hinman documents, hinting at capacity superb implications for the criminal status of XRP.