DEX-to-CEX Ratio Surges to Record High
Cryptocurrency traders shifted to decentralized exchanges (DEXs), raising the DEX-to-CEX ratio to 0.23 in Q2 2025, while PancakeSwap’s volume surged 539% to $392.6B. #Update #Crypto $BNB
Focuses on platforms where cryptocurrencies are bought, sold, or traded, including features, security measures, and exchange rates.
Cryptocurrency traders shifted to decentralized exchanges (DEXs), raising the DEX-to-CEX ratio to 0.23 in Q2 2025, while PancakeSwap’s volume surged 539% to $392.6B. #Update #Crypto $BNB
@BullishGlobal files for a US IPO on NYSE under ticker “BLSH,” reporting $80M net income for FY2024 but a $349M loss in Q1 2025. #Update #Crypto $BTC
@Google Gemini analyzes recent US crypto legislation, revealing positive market sentiment towards stablecoin issuers and exchanges, while DeFi projects may face regulatory challenges. #Update #Crypto $BTC
@Coinbase has surged to rank 137 in the US Apple App Store, indicating potential retail interest as Bitcoin ($BTC) trades at $118,294. Mixed views on retail’s return persist. #Update #Crypto $BTC
The Czech National Bank has increased its investment in Palantir and acquired shares of Coinbase in Q2, marking its entry into the cryptocurrency market. #Update #Crypto $COIN
@Binance co-founder Changpeng Zhao’s family office, YZi Labs, is backing a new treasury firm for $BNB aiming for a US IPO. The BNB Treasury Company will be managed by 10X Capital. #Update #Crypto $BNB
FTX’s bankruptcy estate seeks court approval to freeze payouts in 49 countries with restrictive crypto laws, including China and Russia, to avoid legal penalties.
PancakeSwap reports a record $325 billion trading volume in June, doubling its quarterly volume to $530 billion, driven by recent platform upgrades.
Binance CEO Richard Teng highlights crypto’s alignment with Bhutan’s Gross National Happiness philosophy, supporting financial inclusion and well-being through digital assets. #Update #Crypto
Bitcoin’s rally slows as profit-taking increases; ETF inflows reach $4.63B, while analysts predict consolidation. Traders eye Federal Reserve’s rate decision for impact. #Update #Crypto $BTC
More than 60 tokenized stocks, including Netflix and Tesla, are now available on @KrakenFX, @Bybit_Official, and Solana DeFi platforms via Backed Finance’s xStocks. #Update #Crypto
BNB Smart Chain’s Maxwell upgrade is live, reducing block times to 0.8 seconds and enhancing network efficiency. $BNB rose 6.5% pre-upgrade, trading at $655.70. #Update #Crypto $BNB
Kenya’s proposed VASP Bill faces criticism for potentially favoring Binance-linked VAC, raising monopoly concerns. VAC allegedly receives $6,000 monthly from Binance for policy advocacy.
Coinbase named a “disruptor” on TIME’s 100 Most Influential Companies list, with stock up 42% YTD post-GENIUS stablecoin bill. Trump promises crypto regulation. #Update #Crypto $COIN