Binance, the leading cryptocurrency exchange, has observed its spot market share fall consecutively for seven months. The crypto giant now accounts for a mere 34% of the market, according to a recentzero-fee trading for major cryptocurrencies like Bitcoin and Ethereum. The promotion, as reported by U.Today, allowed users to trade Ethereum against Binance’s native stablecoin, Binance USD , without any fees for a limited time.
This, combined with high-profile executive exits and significant layoffs at the company, has raised concerns about Binance's future market standing.According to a report by K33 Research, Binance's 7-day average trading volume for Bitcoin witnessed a sharp decline of 57% since the onset of September.
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
Amazon, Microsoft slip lower as Britain opens probe into cloud market dominanceCompetition authorities in Britain will launch a probe into allegations that Amazon and Microsoft are abusing their market dominance in the $9 billion cloud computing market.
Источник: startelegram - 🏆 248. / 63 Прочитайте больше »
Источник: Investingcom - 🏆 450. / 53 Прочитайте больше »