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Glassnode: Binance has a 37.5% share of the spot market, and its dominance is declining

According to the blockchain data analysis company Glassnode, since the launch of the US spot ETF in January 2024, the spot trading volume of the Bitcoin market has increased. By mid-March, as the market reached a historical high of $73,000, the daily trading volume reached about $14.1 billion. Binance still holds a market share of 37.5% in the spot market, but this dominant position is declining compared to the previous cycle. In 2021, Binance accounted for 50% of the trading volume, but during the deep bear market in 2022, its trading volume reached an astonishing 85%+. Overall, Bitcoin's price behavior from the beginning of the year to the present has been supported by a significant increase in spot trading volume and on-chain transaction liquidity.

BSCM maintains first place in Binance Chain’s meme innovation competition

BSCM continued to rank first in the meme innovation competition held on the Binance Chain. BSCM has distributed airdrops through 3500 AI face recognition without pre-sale, which innovates the way of participating in MEME. Users only need to perform face recognition to get their BSCM token shares fairly.

A certain address transferred a total of 7.5 million US dollars from Binance six hours ago

According to blockchain analyst @ai_9684xtpa, who monitored it, the smart money that previously traded PEPE and earned $3.49 million chose to liquidate on April 10th, avoiding a loss of $1.37 million. Over the past six hours, the address has transferred a total of $7.5 million from Binance.

Binance releases its 17th asset reserve certificate, with SHIB net balance exceeding 67.6 trillion

Binance released its 17th asset reserve proof, showing that the ratio between the net balance of all digital assets on the exchange and the net balance of customer accounts exceeded 100%. The ratio for SHIB is about 103.60%. According to the report, Binance's customer net balance currently holds about 65.3 trillion SHIB tokens, while Binance's net balance holds 67.6 trillion SHIB reserves. Compared to the SHIB reserves in February, the latest report shows a slight decrease in the number of SHIB tokens, indicating that investors may have liquidated a small portion of their SHIB holdings.

Suspected early Stepn investor deposited 22 million GMT to BInance, worth $6.7 million

According to blockchain analyst @ai_9684xtpa, 12 hours ago, address 0x8b3...e62b0 deposited 22 million GMT tokens worth $6.7 million into Binance. The funds came from fixed token unlocks over the past two months. The address may belong to an early investor or contributor to Stepn and still holds 84.53 million GMT tokens worth $26.17 million.

More than $13 billion in funds have been used to participate in Saga staking mining, making it Binance’s largest Launchpool to date

The Binance new coin mining project Saga posted on social media, stating that within 24 hours, there have been over 13 billion US dollars participating in staking mining, making SAGA the largest Launchpool in Binance's history.

Here are the next biggest crypto court cases with the SBF saga over

Binance ex-boss CZ will be sentenced in April and the ring of FTX executivies that admitted to fraud are also set to soon be sentenced.
Here are the next biggest crypto court cases with the SBF saga over

Nigeria Accuses Binance and Executives of Tax Evasion, Court Adjourns Hearings

Nigeria has accused Binance and two of its executives of tax evasion, with the executives due to be arraigned in court. However, the hearing has been adjourned due to the inability to serve one of the executives with charges while in custody. The charges against Binance include non-payment of VAT and company income tax, as well as aiding customers to evade taxes. One of the executives, Tigran Gambaryan, remains in custody while the other, Nadeem Anjarwalla, has escaped.

BNB Chain DappBay alert list includes TIFI, VizslaSwap and more this week

BNB Chain has updated its DappBay high-risk DApp Red Alarm project list, with projects this week including Alaya AI, TIFI, and VizslaSwap.

The giant whale that had previously accumulated ETHFI recharged 350,000 ETHFI to Binance, worth US$2.38 million.

Blockchain analyst @ai_9684xtpa has monitored that a whale address that previously accumulated ETHFI has deposited 350,000 ETHFI worth $2.38 million to Binance five minutes ago. If all of it is sold, a profit of $200,000 will be made. The remaining 490,000 ETHFI of the address has been transferred to address 0x056...Fabf8, with an average cost of $6.23 and a current profit of $270,000.