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Centralized exchange spot volume hits 9-month low while DEX usage grows
Centralized exchange spot volume hits 9-month low while DEX usage grows

Quick Take Spot trading volume on centralized exchanges fell to $1.07 trillion in June, marking a nine-month low. One analyst suggests the current crypto market cycle is primarily fueled by institutional bitcoin accumulation rather than retail investments, impacting CEX volume.

The Block·2025/06/30 16:00
NY Attorney General Letitia James warns stablecoin bills put Americans at risk, urges stronger oversight
NY Attorney General Letitia James warns stablecoin bills put Americans at risk, urges stronger oversight

Quick Take Stablecoin legislation should regulate issuers more like banks and require insurance on deposits, New York Attorney General Letitia James said in a letter to lawmakers this week. James also said stablecoin legislation should delegate the Federal Reserve Board to oversee non-bank stablecoin issuers.

The Block·2025/06/30 16:00
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