ChainCatcher news, the Chicago Mercantile Exchange (CME Group) plans to launch Bitcoin spot trading. According to three people directly familiar with the negotiations, CME has been in discussions with traders who want to buy and sell cryptocurrencies in a regulated market. The plan has not yet been finalized, and if implemented, it would mark a further incursion of major Wall Street institutions into the digital asset industry. As of now, CME has declined to comment.

ChainCatcher news, according to a report by K33 Research, Binance's seven-day average Bitcoin spot trading volume has decreased by 57% since the beginning of September, leading to a 48% decline in overall industry trading volume. Meanwhile, Coinbase's Bitcoin spot trading volume has increased by 9% this month. Additionally, despite the decline in trading volume, Bitcoin is currently leading in a spot-driven rally, with prices rising by 8% over the past week.

ChainCatcher news, Arcane Research data shows that Binance's market share of Bitcoin spot trading volume rose to 92% by the end of 2022, up from just 45% at the beginning of 2022, and then quickly increased after the cancellation of trading fees in June and the FTX collapse in November. Additionally, a report from CryptoCompare indicates that Binance's overall cryptocurrency market share was 66.7% at the end of 2022. Coinbase ranked second with a relatively small 8.2%. (source link)