Even as trading volume on centralized exchanges declined 46% over the course of 2022, Binance remained the leader with a 66.7% market share in December versus 48.7% to start the year, according to a report by CryptoCompare.
That major jump in market dominance came even as spot trading volume on Binance tumbled 45.3% during the year to $5.29 trillion. Among the 11 exchanges tracked, Binance and Bybit were the only ones that saw their market shares increase steadily in each quarter of 2022, said the report. In second place for market share in December was Coinbase at 8.2% versus 10.1% at the start of the year. And behind Coinbase was OKX, which saw its market share in December at 5.9%, versus 10.7% at the beginning of 2022.
“One of the biggest signals showing the lack of participation is the drop in volatility and liquidity in the market,” said the report. “On October 22, the annualized 30-day volatility of BTC dropped to 26.6% – the lowest figure since July 2020, reflecting the risk averse sentiment in the market.”
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This fund partially dodged market volatility by leaning on fixed income in 2022Janus Henderson Balanced was boosted by its tilt toward bonds, the portfolio manager said. Sammy Cash must be accounted for NOW! DNC must be held accountable. Theft is theft.
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Solana NFT trading volumes remain stable in the 2022 bear marketTrading volume for Solana-based NFTs remained steady in 2022, keeping the chain's second-place position behind Ethereum.
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Despite a Broader Slowdown, the Luxury Market Notched at Least Seven $100 Million Deals in 2022The ultraluxury market remains “separated from reality” as deep-pocketed buyers like Larry Ellison and Ken Griffin splashed out for properties in California, Florida and New York. Good for them and get wrecked, you poors. Because their lives aren’t effected by the economic environment. Never have been.
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'Binance is the crypto market': Arcane crowns the exchange 2022's winnerArcane Research crowned Binance as the winner of 2022 after significantly increasing its market dominance in the Bitcoin spot and derivatives markets. The shift to Binance has occurred during a year plagued by crises such as the collapse of FTX, Celsius, 3AC and the Terra ecosystem. Heartily Congratulations 🎉👏💐binance cz_binance Always great opportunity ☺️ The good news of NVIR World has increased the market value of NVIR World. Everyone is constantly learning and earning income. NVIR World is great Defi Nvir ETH MEXC ADA N_HUB NFT NvirWorld EXCHANGE Nvirians About 90 per cent of Binance’s overall revenues are derived from trading fees, which fluctuate with the price of bitcoin and other cryptocurrencies,
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