Posted 12/12/2023, 1:12:00 PM
Binance Spot Market Share Drops as Crypto Faces Regulatory Headwinds, El Salvador Bitcoin Bonds Approved, Grayscale Slumps
- Binance's spot market share has declined from 55% to 30.1% this year amid regulatory issues
- El Salvador's Bitcoin bonds have received approval to be issued in early 2024 on Bitfinex Securities
- Ark Invest sold nearly $13 million in Grayscale Bitcoin Trust shares from its Next Gen Internet ETF
- Grayscale's Bitcoin Trust dropped 8.6% on Monday, reflecting Bitcoin's price decline
- Decentralized exchange trading volume rose to $29 billion in November, recovering from a multi-year low