AltIndex’s report showed that this growth was driven by Bitcoin's rally, spot ETF approvals, increased DeFi activities, and regulatory clarity in key regions.
Binance dominated the market by reportedly processing 40% of all crypto trades with $7.7 trillion in trading volume.
The crypto market experienced a monumental performance
in 2024. Boosted by major developments like regulatory clarity, Bitcoin spot
ETF approvals, and DeFi innovations, the average monthly trading volume soared
to $1.5 trillion, up a staggering 135% from last year, AltIndex reported.
A Historic Year for Trading Volumes
The crypto market experienced a major resurgence in
2024, reportedly recording its second-highest trading volumes in history. November alone reached $2.7 trillion in trades, a three-year high, surpassing even some of the
most active months of the 2021 bull run.
December followed suit, affirming 2024’s status as one of the best years with a full-year total trading volume of $18.4 trillion. Despite
falling short of 2021's all-time high of $26.2 trillion, 2024’s numbers
represented a significant recovery, nearly doubling last year’s $650 billion
monthly average.
Source: AltIndex
Unsurprisingly, Binance maintained its dominance on the
market, processing 40% of all crypto trades this year. The exchange generated
$7.7 trillion in trading volume, averaging $641 billion per month.
Coinbase came in a distant second, with a full-year
total of $1.2 trillion and a monthly average of $99 billion. According to the research, several factors
underpinned this year’s remarkable performance. Bitcoin's strong rally,
bolstered by the approval of spot ETFs, brought renewed confidence to the
market.
What Drove the 2024 Surge?
DeFi platforms also attracted substantial activity,
driving institutional and retail adoption. Regulatory clarity in key
regions like the US and Europe provided additional momentum, reassuring wary
investors.
While skeptics warn that the market remains heavily
reliant on Bitcoin's trajectory, the broader adoption of decentralized finance
and blockchain technologies suggests a more resilient foundation.
For 2025, the question remains whether 2024’s momentum
can be sustained or if the market will face another cyclical downturn. At the
moment, the crypto market is experiencing mixed performance.
Source: CoinMarketCap
According to CoinMarketCap data, the leading cryptocurrency, Bitcoin, is down 1% and 2% in the past day and week, respectively, at $93k. The second largest digital asset, Ethereum, has added 2% in the past week.
On the other hand, XRP has declined 4% and 5% in the
past day and week, respectively. Solana (SOL) is up 5% in the past week, while
Cardano has declined 2% to change hands at $0.8754. Additionally, meme token
Dogecoin added 2% on the weekly chart.
The crypto market experienced a monumental performance
in 2024. Boosted by major developments like regulatory clarity, Bitcoin spot
ETF approvals, and DeFi innovations, the average monthly trading volume soared
to $1.5 trillion, up a staggering 135% from last year, AltIndex reported.
A Historic Year for Trading Volumes
The crypto market experienced a major resurgence in
2024, reportedly recording its second-highest trading volumes in history. November alone reached $2.7 trillion in trades, a three-year high, surpassing even some of the
most active months of the 2021 bull run.
December followed suit, affirming 2024’s status as one of the best years with a full-year total trading volume of $18.4 trillion. Despite
falling short of 2021's all-time high of $26.2 trillion, 2024’s numbers
represented a significant recovery, nearly doubling last year’s $650 billion
monthly average.
Source: AltIndex
Unsurprisingly, Binance maintained its dominance on the
market, processing 40% of all crypto trades this year. The exchange generated
$7.7 trillion in trading volume, averaging $641 billion per month.
Coinbase came in a distant second, with a full-year
total of $1.2 trillion and a monthly average of $99 billion. According to the research, several factors
underpinned this year’s remarkable performance. Bitcoin's strong rally,
bolstered by the approval of spot ETFs, brought renewed confidence to the
market.
What Drove the 2024 Surge?
DeFi platforms also attracted substantial activity,
driving institutional and retail adoption. Regulatory clarity in key
regions like the US and Europe provided additional momentum, reassuring wary
investors.
While skeptics warn that the market remains heavily
reliant on Bitcoin's trajectory, the broader adoption of decentralized finance
and blockchain technologies suggests a more resilient foundation.
For 2025, the question remains whether 2024’s momentum
can be sustained or if the market will face another cyclical downturn. At the
moment, the crypto market is experiencing mixed performance.
Source: CoinMarketCap
According to CoinMarketCap data, the leading cryptocurrency, Bitcoin, is down 1% and 2% in the past day and week, respectively, at $93k. The second largest digital asset, Ethereum, has added 2% in the past week.
On the other hand, XRP has declined 4% and 5% in the
past day and week, respectively. Solana (SOL) is up 5% in the past week, while
Cardano has declined 2% to change hands at $0.8754. Additionally, meme token
Dogecoin added 2% on the weekly chart.
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
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🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
