* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, August 24, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Quotes of the Week: Peacemaker, Project Runway, Countdown and More – yahoo.com

    This Week’s Most Memorable Quotes from Peacemaker, Project Runway, Countdown, and More!

    Drake Appears in Teaser for Bobbi Althoff’s New Podcast ‘Not This Again’ – yahoo.com

    Drake Drops a Surprise Cameo in Bobbi Althoff’s Thrilling New Podcast Teaser ‘Not This Again

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    How to watch ‘F1: The Movie’ on Prime Video – About Amazon

    Experience the Thrill: How to Stream ‘F1: The Movie’ on Prime Video

    FOX One is now available on Prime Video: Here’s everything to know – About Amazon

    FOX One is now available on Prime Video: Here’s everything to know – About Amazon

    What Are Our Predictions for Taylor Swift’s ‘Life of a Showgirl’ Based on What She’s Told Us So Far? – yahoo.com

    Uncover the Hidden Surprises in Taylor Swift’s ‘Life of a Showgirl’ – Can You Decode Her Clues?

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Figure Technology Solutions, Inc. Files Registration Statement for Proposed Initial Public Offering – Business Wire

    Figure Technology Solutions, Inc. Unveils Exciting Plans for Its Upcoming Initial Public Offering

    UNLV Responds to Workforce Need with Microcredential in Nuclear Technology – University of Nevada, Las Vegas | UNLV

    UNLV Unveils Cutting-Edge Microcredential Program to Fuel Growth in Nuclear Technology

    Why Technology Will Never Take Over Completely – Patheos

    Why Technology Will Never Completely Control Our Lives

    Alcorn State awarded grant to boost STEM with VR technology – WJTV

    Alcorn State Secures Grant to Transform STEM Education Through Cutting-Edge VR Technology

    Hyundai: The Only Way To Beat China Is To Embrace Technology – InsideEVs

    Hyundai’s Bold Strategy to Outpace China with Cutting-Edge Technology

    Teaching older adults how to use technology – WWNY

    Empowering Older Adults to Master Technology with Confidence

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Quotes of the Week: Peacemaker, Project Runway, Countdown and More – yahoo.com

    This Week’s Most Memorable Quotes from Peacemaker, Project Runway, Countdown, and More!

    Drake Appears in Teaser for Bobbi Althoff’s New Podcast ‘Not This Again’ – yahoo.com

    Drake Drops a Surprise Cameo in Bobbi Althoff’s Thrilling New Podcast Teaser ‘Not This Again

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    How to watch ‘F1: The Movie’ on Prime Video – About Amazon

    Experience the Thrill: How to Stream ‘F1: The Movie’ on Prime Video

    FOX One is now available on Prime Video: Here’s everything to know – About Amazon

    FOX One is now available on Prime Video: Here’s everything to know – About Amazon

    What Are Our Predictions for Taylor Swift’s ‘Life of a Showgirl’ Based on What She’s Told Us So Far? – yahoo.com

    Uncover the Hidden Surprises in Taylor Swift’s ‘Life of a Showgirl’ – Can You Decode Her Clues?

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Figure Technology Solutions, Inc. Files Registration Statement for Proposed Initial Public Offering – Business Wire

    Figure Technology Solutions, Inc. Unveils Exciting Plans for Its Upcoming Initial Public Offering

    UNLV Responds to Workforce Need with Microcredential in Nuclear Technology – University of Nevada, Las Vegas | UNLV

    UNLV Unveils Cutting-Edge Microcredential Program to Fuel Growth in Nuclear Technology

    Why Technology Will Never Take Over Completely – Patheos

    Why Technology Will Never Completely Control Our Lives

    Alcorn State awarded grant to boost STEM with VR technology – WJTV

    Alcorn State Secures Grant to Transform STEM Education Through Cutting-Edge VR Technology

    Hyundai: The Only Way To Beat China Is To Embrace Technology – InsideEVs

    Hyundai’s Bold Strategy to Outpace China with Cutting-Edge Technology

    Teaching older adults how to use technology – WWNY

    Empowering Older Adults to Master Technology with Confidence

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Binance’s Market Share Hits One-Year Low Amid Regulatory Storm and Traditional Finance Invasion

June 26, 2023
in Business
Binance’s Market Share Hits One-Year Low Amid Regulatory Storm and Traditional Finance Invasion
Share on FacebookShare on Twitter

In a world of heightened regulatory scrutiny, Binance, the largest cryptocurrency exchange on the globe, is taking a beating. Its market share has been hovering near a one-year low, painting a bleak picture of the crypto giant’s current situation, based on data from research firm Kaiko.

The share of Binance’s spot trading market held steady at 56% up until June 19. This is a low not seen since August of the previous year when it fell to 53.7%. Things took a turn for the worse after the US Securities and Exchange Commission (SEC) filed a lawsuit against Binance and its founder, Changpeng Zhao, on June 5. This hit led to a daily market share dropping to an alarming 47% on April 6, following another lawsuit from the US Commodity Futures Trading Commission.

Traditional Finance Titans Enter the Fray

The pressure on crypto exchanges such as Binance is not just coming from regulatory bodies. Traditional finance behemoths like BlackRock Inc. are entering the crypto space, seeking permission to launch spot Bitcoin exchange-traded funds and attracting investors who prefer regulated institutions.

The BlackRock Bitcoin ETF looks pretty likely to succeed.

Coinbase’s 💩coin casino takes a broadside from the SEC but they seem large enough (esp as Binance shrinks) to be the manipulation mitigation solution while getting thrown a bone on custody revenue.

Elegant solution.

— Andy Edstrom (@edstromandrew) June 20, 2023

“Centralized exchanges will find themselves in a squeeze between decentralized exchanges and traditional-finance players entering the market,” warns Alex Svanevik, CEO of crypto intelligence firm Nansen.

Other Exchanges Feel the Burn

Binance isn’t alone in its struggle. US-based Coinbase, another target of the SEC, has seen its market share dip from 7.6% in January to 6.8% in June. Binance’s US entity nearly vanished from the market share leaderboard after the lawsuits from the CFTC and the SEC. The share of trading in euro pairs also took a hit.

What I wrote. Improved facts/circumstances.

Coinbase has real market share in spot (perhaps enough to meet the SEC’s threshold) and Binance’s share in spot will shrink due to SEC actions.

So Coinbase’s ability to deliver both custody and surveillance is stronger than ever.

— Andy Edstrom (@edstromandrew) June 20, 2023

A previously successful zero-fee promotion was halted in March, adding salt to Binance’s wounds. However, not all hope is lost as the exchange recently announced a new promotion for stablecoins, including True USD, BUSD, Tether’s USDT, and Circle’s USDC, starting June 30.

Regulatory Hurdles Prompt Exit Strategy

The continuous regulatory challenges have caused Binance to retreat from several countries. The company announced its exit from the Netherlands on June 16 after a failed registration attempt. The French authorities also probed the company after it established France as its European base. The situation got so dire that on June 23, Belgian authorities ordered Binance to cease operations there.

In Australia, Binance’s license for its derivatives business was canceled, and local banks and payment partners later severed their ties with Binance Australia. Last month, Binance announced its exit from Canada following the rollout of new crypto regulations.

Also Read – SEC’s Lawsuits Against Binance and Coinbase Intended to Foster Wall Street’s Growth, Pro-XRP Lawyer Agrees

Size Still Matters

Despite losing market share for most of 2023, Binance remains the heavyweight champion in the world of crypto exchanges. Its size gives it the advantage of offering deeper market liquidity and trading, a feature that keeps it ahead of its rivals.

Binance also holds the title of the largest holder of customer tokens with reserves of $59.2 billion, according to crypto data provider DefiLlama.

“Without other sounder alternatives available currently, investors might still see Binance as the go-to exchange for transaction purposes,” says Cici Lu, founder of blockchain adviser Venn Link Partners. She adds, “Binance’s track record of providing the highest liquidity and market depth for trading could limit the downside to their market share.”

Also Read – Binance’s Risky Move: Provoking the SEC Amid Global Legal Storms

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Coinpedia – https://coinpedia.org/news/binances-market-share-hits-one-year-low-amid-regulatory-storm-and-traditional-finance-invasion/

Tags: Binance’sbusinessMarket
Previous Post

Crypto Bull Run: Predicting the Next Altcoin Season Amid Bitcoin Price Retest

Next Post

Top Bitcoin Maxi Downplays Impact of Hinman Emails, Foresees SEC Winning Against XRP and ETH

Eightmile Dam rebuild & restoration – Washington State Department of Ecology (.gov)

Revitalizing Eightmile Dam: A Major Rebuild and Restoration Project

August 24, 2025
Scientists Sequenced the DNA of the ‘Last Neanderthal’—and It Alters Human History – yahoo.com

Scientists Unlock the DNA of the ‘Last Neanderthal,’ Revolutionizing Our View of Human History

August 24, 2025
RIKEN, Japan’s Leading Science Institute, Taps Fujitsu and NVIDIA for Next Flagship Supercomputer – NVIDIA Blog

Japan’s Leading Science Institute Teams Up with Fujitsu and NVIDIA to Create Next-Generation Supercomputer

August 24, 2025
Is a relief rally coming for Equity LifeStyle Properties Inc. holders – July 2025 Retail & Weekly High Return Opportunities – Newser

Is a relief rally coming for Equity LifeStyle Properties Inc. holders – July 2025 Retail & Weekly High Return Opportunities – Newser

August 24, 2025
Figure Technology Solutions, Inc. Files Registration Statement for Proposed Initial Public Offering – Business Wire

Figure Technology Solutions, Inc. Unveils Exciting Plans for Its Upcoming Initial Public Offering

August 24, 2025
‘Holy grail’ MJ-Kobe card sells for record $12.9M – ESPN

Holy Grail’ MJ-Kobe Card Smashes Records with $12.9 Million Sale

August 24, 2025
Julia Schell scores six tries as Canada thrash Fiji in Women’s Rugby World Cup – The Guardian

Julia Schell scores six tries as Canada thrash Fiji in Women’s Rugby World Cup – The Guardian

August 24, 2025
Why Tipping Feels Out of Control in Today’s Economy – MSN

Why Tipping Feels Out of Control in Today’s Economy – MSN

August 24, 2025
Quotes of the Week: Peacemaker, Project Runway, Countdown and More – yahoo.com

This Week’s Most Memorable Quotes from Peacemaker, Project Runway, Countdown, and More!

August 24, 2025
New report demonstrates that corporal punishment harms children’s health – World Health Organization (WHO)

Shocking New Findings Expose the Serious Harm Corporal Punishment Inflicts on Children’s Health

August 24, 2025

Categories

Archives

August 2025
MTWTFSS
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (788)
  • Economy (808)
  • Entertainment (21,687)
  • General (16,652)
  • Health (9,848)
  • Lifestyle (821)
  • News (22,149)
  • People (810)
  • Politics (817)
  • Science (16,020)
  • Sports (21,307)
  • Technology (15,789)
  • World (789)

Recent News

Eightmile Dam rebuild & restoration – Washington State Department of Ecology (.gov)

Revitalizing Eightmile Dam: A Major Rebuild and Restoration Project

August 24, 2025
Scientists Sequenced the DNA of the ‘Last Neanderthal’—and It Alters Human History – yahoo.com

Scientists Unlock the DNA of the ‘Last Neanderthal,’ Revolutionizing Our View of Human History

August 24, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version