Equity perpetual futures on major digital asset exchanges reached about $250 billion in monthly volume in July. That marks a seventeenfold jump from roughly $15 billion in April, showing how quickly the market has expanded in just three months. According to analytics firm CryptoQuant, that expansion has turned crypto exchanges into round-the-clock venues for contracts […]
Exchange-traded funds (ETFs) took 25.0% of Gen Z equity trading volume on Binance in the first days of August, up from 14.6% in June. According to a Binance Research report published on August 12, millennials directed 9.5% of their early-August equity volume to the same instruments. Unleveraged ETFs drew 18.5% of Gen Z net equity […]
The world’s leading crypto exchange will briefly halt certain trading services later this week to successfully perform a scheduled upgrade. It will also delist trading pairs and digital assets that no longer meet the necessary standards. TRX Investors, Take Note Binance will conduct wallet maintenance for the Tron Network on August 13, which is expected […]
The world’s largest cryptocurrency exchange will conduct a major scheduled upgrade on Saturday that will pause certain trading activities. The second major statement from the firm outlined the delisting of numerous trading pairs, one even against BTC. An Upgrade and Delistings Binance revealed that it will temporarily halt US stock trading on the platform on […]
The world’s largest crypto exchange has run into serious trouble with EU financial regulators, and the uncertainty has triggered concern among its user base. Despite its issues in Europe, however, Binance has strengthened its global presence after officially entering the Philippines. The Push in Asia Several hours ago, Binance’s co-founder and chief customer service officer, […]
1,700 UK investors have launched a group lawsuit in London’s High Court against Binance and founder Changpeng Zhao. The claimants say the pair sold risky crypto derivatives products to retail investors without authorization. UK Investors Demand $200M from Binance The plaintiffs allege that between around late 2019 and 2020, Binance offered products such as leveraged […]
Large XRP transfers are becoming more prominent across centralized exchanges overall, while their activity on Binance has declined. Data from the 7-day moving average of the XRP Whale vs Retail Spread across all centralized exchanges rose from 26% on May 6 to 50.9% on June 29. This is an increase of 24.9 percentage points. According […]
The world’s largest crypto exchange by total users, trading volume, and other metrics will perform a wallet maintenance today, May 21. The procedure will halt some important functions, yet it is projected to be wrapped up in short order. Prepare for Disruption The upgrade is scheduled for May 21, and to support the process, Binance […]
Rarely does a week pass without the world’s largest cryptocurrency exchange introducing some kind of platform adjustments. Most recently, it added new trading pairs to one of its sections, but removed numerous others that no longer meet the necessary criteria. The Latest Updates Binance included AVNT/U, BIO/U, CHIP/U, KAT/U, CHIP/USD1, and XAUT/USD1 on Cross Margin. […]
Retail-focused exchanges use a larger share of their reserves for trading than platforms that are institution-focused. Exchanges with a stronger institutional focus, such as Coinbase, Binance, and Kraken, maintain relatively low volume-to-reserve ratios of around 0.1. This indicates that deposits are largely held rather than actively traded. Asset Utilization Diverges According to CoinGecko’s latest report, […]