apewoodx
@klichkoblatnoi
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Bitvavo is once again the largest EUR-spot exchange worldwideAmsterdam, December 11, 2024 – Bitvavo has once again solidified its position as the largest EUR spot exchange globally, according to the newly published 2024 report by Kaiko, the renowned provider of market data and analytics in the crypto sector. The report, which covers the first 11 months of this year, shows that the Amsterdam based Crypto exchange accounts for half of the trading volume in euros worldwide.
Bitvavo accounts for half the market volume
Bitvavo achieved a market share of nearly 50% in EUR-denominated trading volumes, confirming its role as the leading player in the European crypto market. Bitvavo outpaced global exchanges such as Kraken, Coinbase, and Binance, cementing its dominance in a market that saw significant growth in demand for euro-crypto trading in 2024. 0 reply
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MARA purchases $615 million worth of bitcoin, boosting total holdings to 34,794 BTCMARA Holdings, the largest publicly traded bitcoin miner, acquired 6,474 bitcoin worth about $615 million after raising $1 billion through convertible notes.
In a Wednesday post on X, MARA, formerly Marathon Digital, wrote that it acquired its latest batch of
BTC +1.58%
at an average price of $95,395 per bitcoin, bringing its total holdings to 34,794 BTC, valued at approximately $3.3 billion.
The company reported buying an additional 703 bitcoins after an initial purchase of 5,771 bitcoin last week.
The latest bitcoin acquisition follows MARA's move last week when it closed its $1 billion offering of 0% convertible senior notes due 2030. The company said it plans to allocate about $199 million of the proceeds to repurchase its existing convertible notes due 2026, with the remaining funds earmarked for acquiring more bitcoin and general corporate purposes. 0 reply
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