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Key Crypto Market Updates: Trading Volume Surge, Russia Legalizes Mining, FTX Settlement | Flash News Detail | Blockchain.News

Key Crypto Market Updates: Trading Volume Surge, Russia Legalizes Mining, FTX Settlement

8/9/2024 9:33:58 AM

Key Crypto Market Updates: Trading Volume Surge, Russia Legalizes Mining, FTX Settlement

According to @CCData_io, significant developments in the cryptocurrency market include a 19% surge in trading volumes in July, reaching nearly $5 trillion. Additionally, Russia has legalized cryptocurrency mining, which could impact global mining dynamics. FTX and Alameda have reached a $12.7 billion settlement with the CFTC to repay creditors, signaling a major resolution in ongoing regulatory issues. Notable market movers include Helium (HNT), Zcash (ZEC), and Orca (ORCA). (Source)

Helium Zcash FTX Alameda CFTC Orca

More from CCData (@CCData_io): CCData provides top-tier data and index solutions, research and events to support the adoption of digital assets.