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Crypto News Roundup for Jan. 29, 2020
With bitcoin set for its best-ever January, Markets Daily is back with today's crypto news roundup.
Updated Dec 6, 2022, 6:28 p.m. Published Jan 29, 2020, 5:00 p.m.
With bitcoin set for its best-ever January, Markets Daily is back with today's crypto news roundup.
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Today's news:
Bitcoin Eyes Best January Close in 7 Years After 30% Price Increase
Lawyers Ramp Up Pressure to Exhume Quadriga CEO's Body
Swiss Company Gets Green Light to Incorporate for a Blockchain IPO
Crypto Ponzi OneCoin May Have Used Flood of Fake Reviews to Boost Ailing Image
Atari is back! With a chain of hotels?
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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
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Internet Computer climbs back to $3 as short-term momentum improves
ICP pushed above the $3 level on rising activity, holding recent gains as traders reassess near-term direction.
What to know:
- ICP rose about 2.7% to roughly $3.00, reclaiming a closely watched psychological level.
- Trading activity increased during the move higher, accompanying the push through resistance near $2.95–$3.00.
- Price has since stabilized just above $3, keeping attention on whether the level can hold as near-term support.
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