Binance Rolls Out a Web3 Crypto Wallet
Binance has recently announced the launch of a Web3 wallet through their mobile application.
Market Share of Binance’s Spot Trading Plunges 40%
In 2023, Binance, a popular crypto exchange, has experienced a decrease in its market share for spot trading, dropping from 62% to 40%.
Trading Volume on Centralized Exchanges Drops 20%: Report
In the third quarter of 2023, trader activity remained subdued. It wasn’t until early October that the first indicators of potential turbulence started to emerge.
Backpack Rolls Out Cryptocurrency Exchange in Dubai
Backpack, a digital wallet company specializing in Web3, has recently announced the launch of its own cryptocurrency exchange.
Binance’s Market Share Keeps Falling
In addition, Binance is also facing charges from both the Commodities Futures Trading Commission and the US Securities and Exchange Commission, causing some trading firms to scale back their activity on the exchange.
Crypto Exchanges’ Spot Trading Volume Rises 187%
The recent surge in the price of Bitcoin to its highest level since the spring of 2022 has sparked a significant increase in user activity on spot exchanges.
NFT Trading Volume Falls to Lowest Level Since 2021
The NFT market experienced last month its lowest trading volume since January 2021, according to a report from Binance Research.
