Binance, the world’s largest crypto exchange, has experienced a decline in market share due to regulatory issues and its exit from various jurisdictions. Its market share dropped from 65.9% in January to 55.9% in June 2023, according to Bloomberg. Data research firm Kaiko…
In today’s CryptoDaily News, it has been observed that the exchange balances of Ethereum (ETH) have reached an all-time low, indicating a bullish pressure building around the asset. Additionally, staking deposits for Ether have been surging, further supporting this notion. Technical charts for…
The Dent (DENT) coin, which aims to revolutionize the mobile industry, has experienced fluctuating prices that do not necessarily reflect its progress. Its value is largely dependent on the fluctuations of the Bitcoin market, and adoption of the project has yet to reach…
The price of Bitcoin and Ethereum has stabilized in recent days after a failed attempt to rise in April. Bitcoin’s price had initially jumped above $25,000 in mid-March and remained at that level until now. However, an attempt to rise above $30,000 in…
Bitcoin’s price has surged past the $30,000 mark for the second time this year, driven by institutional adoption and positive sentiment in the cryptocurrency market. As a result, shares of Argo Blockchain, a Bitcoin mining firm, have experienced a remarkable price surge of…
Binance, the cryptocurrency exchange platform, is currently facing increased regulatory scrutiny, resulting in a decline in its market share. Research firm Kaiko has reported that Binance’s spot trading market share has dropped to a one-year low of 56%, compared to 53.7% in August.…
The price of Avalanche (AVAX) recently broke through a major obstacle at $13, which had been a challenge for AVAX bulls in previous weeks. This breakout can be attributed to the increasing demand for wrapped Bitcoin (BTC) on the Avalanche network. As Bitcoin…
The Lightning Network, a second-layer payment protocol on Bitcoin, has achieved a new record high bitcoin capacity. On Saturday, it reached a capacity of 5,630 BTC, surpassing the previous peak of 5,620 BTC in April. The network’s capacity in U.S. Dollars also reached…
Binance, the largest cryptocurrency exchange by trading volume, is facing challenges in Europe. It is currently being sued by the US Securities and Exchange Commission and is also struggling to obtain licenses in certain European countries. While it has acquired Virtual Asset Service…
