ChainCatcher news, according to CoinGecko's report, the total trading volume of centralized exchanges (CEX) in 2024 reached $18.83 trillion, a 134% increase from $8.05 trillion in 2023, but still below the historical high of $25.21 trillion in 2021.Exchange rankings:• Binance continues to hold the leading position with a market share of 39.0% and an annual trading volume of $7.35 trillion.• Bybit ranks second with a market share of 9.3% and a trading volume of $1.75 trillion.• Crypto.com is in third place with a market share of 6.8% and a trading volume of $1.29 trillion.Fastest-growing exchanges:• Crypto.com saw a staggering 969.7% increase in trading volume, surpassing the $1 trillion mark for the first time.• Bybit grew by 397.8%, reaching a trading volume of $1.75 trillion.• Gate.io increased by 241.5%, achieving a trading volume of $1.01 trillion.Market trends:Despite the significant rebound in trading volume in 2024, it has not yet returned to the peak levels of the 2021 bull market. The competitive landscape of the crypto trading market is evolving, with emerging exchanges like Crypto.com and Bybit rapidly rising, while the market shares of established exchanges such as OKX, HTX, and MEXC have declined.

ChainCatcher news, according to The Block, Robinhood announced its fourth-quarter financial report, showing that its cryptocurrency trading volume increased by 400% year-over-year to $70 billion. Previously, this trading volume had been declining throughout 2024, with the first three quarters being $36 billion, $21.5 billion, and $14.4 billion, respectively.The company's Q4 trading revenue grew by 200% year-over-year to $672 million, with cryptocurrency trading revenue reaching $358 million, an increase of 700%. At the same time, stock trading volume grew by 154% to $423 billion. Robinhood added seven new cryptocurrency assets during Q4 and launched Ethereum staking services in the EU.Robinhood CEO Vlad Tenev stated last December that the company had discussed the possibility of holding Bitcoin internally, but there are currently no plans for BTC reserves. At the beginning of 2025, the company also announced plans to launch trading for Bitcoin, oil, and gold futures.

ChainCatcher news, Bullish Global, a cryptocurrency trading platform under Block.one, is considering an initial public offering (IPO). Sources say the company could launch the IPO as early as this year. Bullish Global has received investments from top Silicon Valley investor and billionaire Peter Thiel.According to Bullish Global's official website, the company provides financial services for the digital asset industry and operates a cryptocurrency trading platform. The company acquired the crypto media platform CoinDesk in November 2023, which was previously owned by Digital Currency Group.Bullish Global and Block.one have not yet responded to requests for comment.

ChainCatcher news, according to Bitcoin.com, cryptocurrency trading activity in Indonesia grew by 335.9% in 2024, reaching 6.5061 quadrillion Indonesian rupiah (40.2 billion USD). The Commodity Futures Trading Regulatory Agency (Bappebti) attributed this growth to an increase in the number of users and trading volume.As of November 2024, the number of registered cryptocurrency users has grown to 22.1 million. Bappebti head Tirta Karma Senjaya noted that public confidence in cryptocurrency trading has increased and expressed optimism that the user base will exceed 25 million in the near future.The most actively traded cryptocurrencies in Indonesia include USDT, BTC, DOGE, PEPE, and XRP. To simplify regulation, Bappebti announced that its role in cryptocurrency regulation will be transferred to the Financial Services Authority (OJK) this year, although it will still maintain regulatory authority over commodity futures trading.

ChainCatcher news, according to The Block, cryptocurrency trading software developer SignalPlus has completed a $11 million Series B funding round, led by AppWorks and OKX Ventures, with participation from Avenir Group and HashKey.It is reported that SignalPlus is an Asia-based cryptocurrency trading software service provider established in 2021, offering institutional-grade trading tools in the cryptocurrency space, aiming for global expansion.

ChainCatcher news, according to TheBlock, cryptocurrency trading software developer SignalPlus has completed a $11 million Series B funding round, led by AppWorks and OKX Ventures, with participation from Avenir Group and HashKey.It is reported that SignalPlus is an Asia-based cryptocurrency trading software service provider established in 2021, offering institutional-grade trading tools in the cryptocurrency space, aiming for global expansion.

ChainCatcher news, Morgan Stanley CEO Ted Pick revealed that the bank is working with the U.S. Treasury and other regulatory agencies to explore providing cryptocurrency trading services. Regarding phenomena like the TRUMP coin in the market, Pick stated that this reflects market liquidity manifesting in different ways, with the broader question being whether these have matured and if crypto assets have reached "escape velocity."Pick emphasized that time is the best friend; the longer the trading duration, the more likely perceptions will become reality. As a heavily regulated financial institution, Morgan Stanley will collaborate with the Treasury and regulatory agencies to explore how to conduct cryptocurrency business safely.

ChainCatcher news, according to techinasia, the Hong Kong Legislative Council discussed the proposed "Stablecoin Bill" on January 23. This was the first meeting on the bill since its first reading on December 18, 2024. Key officials, including Francis Ho, Deputy Secretary for Financial Services and the Treasury, outlined the regulatory framework for stablecoins.The bill requires issuers to obtain a license from the Hong Kong Monetary Authority (HKMA) and maintain reserves of high-quality, highly liquid assets. The proposed legislation aims to ensure compliance and stability, supporting Hong Kong's strategy to attract international cryptocurrency companies.On the same day, the Legislative Council subcommittee reviewed the licensing framework for cryptocurrency trading platforms.

ChainCatcher news, according to Bloomberg Law, Coinbase has submitted an interlocutory appeal to the U.S. Court of Appeals for the Second Circuit, requesting a ruling that cryptocurrency transactions on its platform do not constitute securities transactions. Coinbase believes that crypto assets are different from stocks and should not be regulated by the SEC.

ChainCatcher news, according to CNN, the Internal Revenue Service (IRS) of the United States has announced that starting in 2025, a third-party reporting system for cryptocurrency transactions will be implemented. Centralized trading platforms such as Coinbase and Gemini will be required to report users' cryptocurrency transaction information to the tax authorities for the first time using the newly established 1099-DA form.According to the regulations, custodial trading platforms, digital asset wallet providers, cryptocurrency ATM operators, and digital asset payment processors must track and record users' buy and sell transactions throughout the year and submit reports to users and the IRS in early 2026.The specific implementation timeline shows that the reporting of cryptocurrency cost basis (purchase price) information will begin in 2026; reporting of peer-to-peer transactions on decentralized platforms (such as Uniswap and Sushiswap) will be postponed until 2027, but only the total transaction amount needs to be reported. Newly listed Bitcoin spot ETF transactions will also be reported using the 1099-B or 1099-DA forms, including share transactions and taxable events generated within the fund.

ChainCatcher news, blockchain analysis company Chainalysis stated that stablecoins continue to dominate the illegal trading volume in 2024.Chainalysis's 2025 Crypto Crime Report indicates that stablecoins accounted for 63% of all crypto trading volume related to illegal activities last year.Since 2022, stablecoins have surpassed Bitcoin to become the most used cryptocurrency in such activities. The report states: "This new reality is part of a broader ecosystem trend, where stablecoins also account for a significant portion of all crypto activity, with stablecoin activity growing by approximately 77% year-over-year, which proves this point."

ChainCatcher news, Matthias Voelkel, CEO of the Boerse Stuttgart Group, recently stated that with Trump's election as President of the United States and his push to make the U.S. a "Bitcoin nation," the group is actively expanding its share in the cryptocurrency trading sector.Voelkel revealed that the cryptocurrency trading volume at the Stuttgart Stock Exchange has tripled in the past year, accounting for about 25% of the company's total revenue. Bitcoin is the most important trading asset on the platform, making up nearly 50% of the trading volume. Traditional banks and investors are gradually showing increased interest in cryptocurrencies, with the European Central Bank estimating that about 10% of investors hold digital assets.The exchange also stated that it has successfully attracted over one million cryptocurrency trading clients, including professionals and private clients primarily from German-speaking countries. Voelkel also revealed that he personally invested in Bitcoin and expressed his attraction to the anti-tampering technology behind Bitcoin. He believes that cryptocurrencies will only become more popular, pointing out that Bitcoin has a "limited supply, while demand from investors of all ages is continuously growing."

ChainCatcher news, South Korean regulators are cautious about allowing corporate accounts to engage in cryptocurrency trading, delaying any decisions for further discussion.Kim So-young, the Deputy Governor of the Financial Supervisory Service (FSS), stated: "The issue of allowing companies to open accounts, which was previously discussed, has been reviewed through extensive discussions in 12 subcommittees and working groups."FSC's Kim mentioned that the policy review process for corporate cryptocurrency trading accounts is nearing completion. "We will report the results soon and take prompt follow-up actions."

ChainCatcher news, Kraken announces zero-fee cryptocurrency trading for FTX creditors with a $50,000 offer.Kraken stated that new customers who choose to receive funds from FTX will receive a fee waiver, allowing them to purchase $50,000 worth of cryptocurrency on Kraken Pro without paying any trading fees. Depending on the amount of funds received, they will receive a $105 Kraken trading fee credit (KFEE). These will be credited to the customers' accounts after the FTX allocation is received. The fee credit can only be used on Kraken Pro.

ChainCatcher news, Cointelegraph posted on the X platform that spot cryptocurrency trading volume on DEXs accounts for over 20%, marking a historical first.

ChainCatcher news, 10x Research stated in its latest report that the cryptocurrency trading environment remains complex and volatile during the U.S. Federal Open Market Committee (FOMC) meeting in December 2024 and the subsequent holiday season. However, there are still profit opportunities in specific areas. Bitcoin is in a consolidation phase during this period, showing no signs of a sustained upward trend, but fluctuating within a tactical trading range, which provides opportunities for strategic positioning rather than a simple bullish trend. While some initial enthusiasm is expected at the beginning of the new year, it is not the time to recreate the bullish sentiment seen from late January to March or from late September to mid-December 2024. A positive performance is anticipated at the start of the year, followed by a slight pullback before the release of the Consumer Price Index (CPI) data on January 15. If the inflation data is favorable, it may reignite optimism and drive the market up before Trump's inauguration on January 20. However, this momentum may weaken, and the market could slightly retreat before the FOMC meeting on January 29.From January to mid-November 2024, Bitcoin's dominance surged from 50% to 60%, creating significant resistance for altcoin performance. Although the dominance metric briefly plummeted to 53% within three weeks, igniting hopes for an altcoin season, it quickly rebounded to nearly 58% and then consolidated around 55%. This consolidation highlights Bitcoin's enduring dominance as the main driving force in the cryptocurrency market while also indicating that altcoins may face potential challenges—unless Bitcoin's dominance metric declines again.

ChainCatcher news, Thailand's Prime Minister Petongtan Shinawatra recently disclosed her personal assets valued at $400 million, which include two properties in London, investments in several companies, and a collection of luxury watches and bags. The 38-year-old member of the Shinawatra family also listed 1.09 billion baht (approximately $31.6 million) in cash and deposits across more than 26 bank accounts. When she disclosed this information to the National Anti-Corruption Commission (NACC) of Thailand, her total assets reached 13.85 billion baht (approximately $400 million).According to documents revealed by local media, Petongtan also declared nearly 5 billion baht in debts, bringing her net worth to 8.9 billion baht ($258 million). Petongtan is the youngest daughter of Thaksin and became the third member of the Shinawatra family to lead Thailand in August 2024, following the ousting of former Prime Minister Srettha Thavisin by the Constitutional Court for ethical violations. Petongtan's spouse, Pidok, disclosed assets of 147 million baht and an income of 5.13 million baht from the previous year, which includes earnings from cryptocurrency trading. (Jinshi)

ChainCatcher message, Musk posted a controversy regarding crypto trading taxes on his social platform, the original text reads: "A customer bought $7,000 worth of cumrocket and staked it for 3 months to earn a 6900% return. Then they sold and withdrew the profits to invest in NFTitties, but the developers rug pulled the project, and they only managed to liquidate 10% of the funds. Can the customer deduct the gas fees for minting to offset short-term capital gains tax?"As a result of this news, the token CumRocket (CUMMIES) surged 124% in a short time.