Binance’s Crypto Trading Dominance Wanes, Market Share Drops to 55%
Binance has experienced a significant decline in its market share, dropping from 81% to 55% of global crypto trading volumes within a year, as reported by Kaiko.
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Solana Meme Coins Drive Surge in DEX Trading Volumes
Solana’s decentralized exchanges (DEXs) have witnessed a significant surge in trading volumes, outperforming competitors like Uniswap and PancakeSwap, fueled by the rise of meme coins like Slerf on the Solana network.
BRICS Nations Collaborate on Innovative Blockchain Payment Solution
The BRICS nations (Brazil, Russia, India, China, and South Africa) are collaborating on developing a blockchain-based payment system to facilitate trade settlements among members. This initiative aims to reduce reliance on the U.S. dollar and promote de-dollarization in international transactions.
Bitcoin Traders Flock Back as Prices Soar
Rising Bitcoin prices are attracting speculators back to the market, with short-term holders and institutions driving up exchange activity and open futures interest.
Cryptocurrency Inflows Hit Record $2.45 Billion
Cryptocurrency investment funds recorded a record $2.45 billion in inflows last week as institutional interest and spot Bitcoin ETF approvals continued to drive assets under management to new highs.
DefiQuant Launches Custom Crypto Trading Algorithms
DefiQuant has launched customizable algorithm development for traders to design personalized crypto trading bots and automate strategies.
Leveraged Tokens Removed From Binance
Binance announced it will delist and halt services for six leveraged tokens tied to Bitcoin, Ethereum, and Binance Coin by April 3rd, citing routine product reviews.
Sideways Trading Likely for BNB
BNB faces potential price correction after failing to break $250 resistance, with sideways trading expected before revisiting $240 support.