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Binance Market Share Sinks to Lowest Level in Eight Months

Binance’s market share has dropped to its lowest level in eight months, according to CCData. The exchange remains the largest cryptocurrency platform by trading volume, but it has seen its market share decline consecutively over the past three months after reaching a yearly high of 57% in February 2023. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Видео

MakerDAO Votes to Ditch $500M in Paxos Dollar Stablecoin From Reserve; Nike Teams Up With EA Sports

CoinDesk's Jennifer Sanasie presents the major stories shaping the crypto industry on "CoinDesk Daily" as MakerDAO’s community voted to ditch $500 million Paxos Dollar (USDP) stablecoin from the lending protocol's reserves. Plus, insights on Kraken's gains in customer deposits in Canada following the departure announcements of its rival exchanges including Binance and OKX. And, a closer look at the partnership between Nike Virtual Studios and video game developer EA Sports.

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Kraken’s Canada Customer Deposits Rose After Binance, OKX Plan to Leave

Cryptocurrency exchange Kraken is reaping the benefits of staying in Canada after rivals such as Binance and OKX said they plan to withdraw. Kraken’s customer deposits in the country grew by 25% in the weeks following Binance’s announced departure in early May, according to data sent to CoinDesk from a Kraken representative. CoinDesk's Jenn Sanasie presents "The Chart of the Day."

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Nansen Cuts 30% of Staff To Reduce Expenses; Binance Says it Needs to 'Focus on Talent Density'

Nansen, a blockchain data analytics platform, announced a 30% reduction in headcount on Tuesday as it looks to cut costs alongside a continuing slump in cryptocurrency markets. Meanwhile, crypto exchange Binance said it needs to "focus on talent density across its organization" as it responded Wednesday morning to a report of job cuts. "The Hash" panel discusses what to make of the continued crypto layoffs in the latest fallout of the ongoing bear market.

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Binance Introducing NFT Loan Feature

Binance marketplace is launching a non-fungible token (NFT) loan feature where digital asset holders can secure ETH loans by using their NFTs as collateral. "The Hash" panel breaks down the new service and what it means for NFT holders.

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Финансы

Битва WazirX с Binance возобновилась после перемещения токена WRX в «зону инноваций»

Помимо WRX , Binance перевела в свою инновационную зону еще 17 токенов.

Bulls fighting. (Bykofoto/Shutterstock)

Видео

Bitcoin Moves Sideways, Trading Around $27K

Bitcoin (BTC) and ether (ETH) are both trading below their 20-day moving average. 3IQ CEO Fred Pye joins "First Mover" to discuss the fairly quiet price action across the crypto market. Plus, insights on the increasing regulatory tensions in Canada as crypto exchange Binance announced its plans to exit the country.

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Видео

Binance to Exit Canada, Citing Regulatory Tensions

Crypto exchange Binance has announced it will cease operations in Canada, citing the challenging regulatory environment. Tom Dunleavy of Dunleavy Investment Research shares his reaction and the implications for the crypto markets.

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Видео

Bitcoin Retakes $27K Amid Encouraging Macro, Technical Signs

Bitcoin (BTC) is climbing back above $27,000 after crypto exchange Binance announced that it would cease operations in Canada, citing the challenging regulatory environment. Tom Dunleavy of Dunleavy Investment Research discusses his crypto markets analysis and outlook.

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Рынки

Объем торгов на Криптo бирже Binance в апреле упал почти на 50%

Несмотря на это, она остается доминирующей централизованной биржей в отрасли.

(CCData)