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Here’s what happened in crypto today

Published 11/06/2023, 02:51 PM
Updated 11/06/2023, 06:40 PM
BTC/USD
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Binance’s spot trading market share falls to 40% in 2023. Also, news that Hong Kong is mulling the introduction of spot cryptocurrency ETFs sparked lively reactions from the crypto community in the context of the United States dragging its feet over the issue. Meanwhile, the spot Bitcoin (BTC) exchange-traded fund (ETF) frenzy is driving a resurgence in blockchain games, says Yat Siu.

Binance’s spot trading market share has fallen to 40%. A year ago it stood at 63%, indicating that one of the world’s most popular cryptocurrency exchange platforms has lost about a third of the market in just 12 months. This, according to a Nov. 6 report by blockchain analytics firm 0xScope.

China ‘does not want to miss out’: Community reacts to HK spot Bitcoin ETF news

Spot Bitcoin ETF hype is driving gamers back on-chain: Yat Siu

Axie Infinity transaction activity has increased steadily since its yearly low on July 2. Source: DappRadar

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