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Trading volume for bitcoin and ether futures surpassed $32 trillion in 2021

The combined trading volume of bitcoin (BTC) and ether (ETH) futures surged over $32 trillion in 2021, according to The Block Research. That figure, based on data as of December 27, is a massive 338% increase compared to 2020 trading volumes. Last year, bitcoin and ether futures saw a combined trading volume of over $7 trillion. The month of May had the highest trading volume in 2021 for both bitcoin and ether futures, with a combined value of over $4 …

Crypto exchanges saw over $14 trillion in trading volume this year

Centralized crypto exchanges, which hold customers’ private keys unlike decentralized exchanges, reported more than $14 trillion in trading volume in the year 2021, according to The Block Research. That figure is a massive 689% increase compared to 2020 trading volumes, based on data as of December 24. Last year, centralized crypto exchanges facilitated over $1.8 trillion in trading volumes. All these numbers are from The Block’s Legitimate Index, which takes volume data from the largest exchanges that are known to …