Binance’s Market Position Erodes to 48.7% in Wake of CZ’s Departure and SEC Suit

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Binance has experienced a notable decline in market share, dropping from 54.2% to 48.7% in 2023. The latest report from TokenInsight attributes this downturn to a combination of factors, including the end of the Zero-Fee Bitcoin trading promotion, an ongoing lawsuit by the SEC, and the resignation of its high-profile CEO, Changpeng Zhao (CZ). Despite […]

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