Why has Ethereum lost market share to Bitcoin?
Ethereum has underperformed Bitcoin, largely due to competition from Solana and a weaker-than-expected debut for its spot ETF.
JinseFinanceEthereum has underperformed Bitcoin, largely due to competition from Solana and a weaker-than-expected debut for its spot ETF.
JinseFinanceBinance's market share dwindles under U.S. regulatory pressure. Despite signs of recovery, legal uncertainties persist. The exchange, now at 43.8%, faces intensified scrutiny, impacting investor confidence. The future remains uncertain as legal proceedings unfold.
SanyaAccording to a report by OxScope, Binance currently dominates with over 50% of the total cryptocurrency trading volume on centralized exchanges. However, their spot trading share decreased from 62% a year ago to 40% by October 2023, while their derivatives market share remained around 50% throughout much of the year.
JixuThe stablecoin continues to rise as regulatory challenges arise.
OthersThe exchange continues to dominate, despite facing increased regulatory scrutiny, a report by CryptoCompare shows.
Coindesk2023 has gotten off to a rather good start for the crypto market but not for Huobi.
cryptopotatoBinance USD (BUSD) market cap has been on the rise in the last 30 days. Thanks to Binance’s move to convert deposits of USDC, TUSD, and USDP into BUSD on the exchange.
BeincryptoIncreased crypto regulation could drive users to decentralized platforms, the bank said.
CoindeskIn a report by CryptoCompare, the market share of the “top” exchanges increased to 96% in February 2022.
CointelegraphThe “top-tier” exchanges, as ranked in a report by CryptoCompare, increased their market share to 96% in February 2022.
Cointelegraph