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Binance.US Sees Sharp Market Share Decline Following SEC Lawsuit


Binance’s US-based exchange, Binance.US, has seen a sharp decline in its share of the trading volume among exchanges that support USD-to-crypto trading. The dwindling market share held by Binance.US was clearly visible on data analyzed by The Block, which showed that the exchange now holds...

NFT Market Sees 20% Drop in Weekly Sales After a Few Weeks of Gains


After several weeks of consecutive gains, sales of non-fungible tokens (NFTs) have slumped 20.44% this week compared to the previous week. According to seven-day statistics, NFT sales totaled $152.96 million last week, with $84 million in sales originating from the Ethereum blockchain. This...

Amid Crypto Chaos, Soros Fund CEO Sees Opportunity for Traditional Finance


Soros Fund Management CEO Dawn Fitzpatrick has expressed her continued faith in cryptocurrency, despite the recent setbacks.  During a recent Bloomberg investment summit, Fitzpatrick mentioned that although it is a testing time for the industry, it is a huge opportunity for established financial...

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