According to ChainCatcher news and data from Tokeninsight, after November 2023, as market trading enthusiasm increased, the market capitalization of platform tokens saw a significant rise, with BGB and MX experiencing the largest increases of 434% and 248%, respectively. The market capitalization of BNB also rebounded to near its peak from mid-last year.In 2024, BGB continued last year's upward trend, breaking its ATH price and rising above $1 for the first time on February 17. The daily trading volume of BGB subsequently rose to over $50 million. The highest daily trading volume occurred on February 18, reaching $83 million. The trading volume share of BGB shows a clear upward trend, making it the second-largest platform token by trading volume. In terms of IEO, the Bitget platform covers more popular tracks in the crypto market, with an average ATH ROI of 23.1 times.

ChainCatcher news, Tokeninsight released the "Crypto Exchange Annual Report 2023," which shows that Binance ranks first in market share, spot and derivatives trading volume. By the end of the year, Binance's market share was 48.7%, with spot and derivatives trading volumes at 53.7%, leading global crypto trading platforms. After experiencing significant regulatory events, Binance's performance exceeded market expectations.From the trends, it can be seen that after settling with multiple U.S. regulatory agencies, Binance remains firmly at the top of the industry, with a share leading the second place by 32.6%. These events did not have a huge impact on the market landscape like the FTX collapse in 2022, and traders still tend to choose safer centralized exchanges.

According to ChainCatcher news, data charts from Tokeninsight show that influenced by news related to spot Bitcoin ETFs, the price of Bitcoin began to rise in the early hours of the 24th Beijing time. The liquidity of the Binance BTC/USDT trading pair surged last night and this morning, with the total amount of buy and sell orders breaking $100 million twice within an hour.From 23:00 on October 23 to 00:00 on the 24th, the total amount of buy and sell orders for the Binance BTC/USDT trading pair exceeded $114 million, a 5.5 times increase compared to $17.7 million two hours earlier. Two hours later, the total amount of Bitcoin buy and sell orders on Binance again exceeded $100 million. Currently, the two Bitcoin trading pairs with the highest market share come from Binance, namely BTC/USDT and BTC/FDUSD. Other mainstream exchanges did not show a significant increase in liquidity during the rise in Bitcoin prices.

ChainCatcher news, according to the latest data from Tokeninsight, BGB has increased by 134% this year, with a market cap growth of 132%. At the same time, BGB is one of the CEX tokens with the largest price increase since the beginning of the year. Since the beginning of this year, BGB has been listed on the Bitfinex and MEXC platforms on April 27 and July 31, respectively, further increasing its liquidity.Previously, Tokeninsight released the 2023 Q2 exchange quarterly report, which showed that the top four exchanges by trading volume are Binance, OKX, Bybit, and Bitget, with these four accounting for over 85% of the total market share. Among them, the largest increases were seen in OKX and Bitget, which grew by 1.9% and 1.8%, respectively.

ChainCatcher news, Tokeninsight released the 2023 Q2 exchange quarterly report on July 13. The top four exchanges by trading volume are Binance, OKX, Bybit, and Bitget, with these four accounting for over 85% of the total market share. The largest increases were seen in OKX and Bitget, which grew by 1.9% and 1.8%, respectively.In the Q2 spot trading data, OKX and Coinbase saw a slight increase in their spot trading share, while Bitget's market share significantly increased. At the beginning of 2023, Bitget held a 2% market share, which has doubled to 6% in Q2.Derivatives trading data shows that Binance remains in first place, followed by OKX in second, with Bybit and Bitget in third and fourth place, respectively. (Source link)

ChainCatcher news, TokenInsight announced the launch of Blockchain Encyclopedia, a community-driven educational content platform aimed at helping the public better understand cryptocurrencies and Web3, guiding users into the crypto space.The Blockchain Encyclopedia consists of two parts: entry explanations and Learn-to-Earn courses. Users can utilize the Blockchain Encyclopedia to look up industry-specific terms, concepts, etc., and systematically learn about cryptocurrency through courses. Upon completing a course, users will receive a badge that can be redeemed for an NFT in the future.Currently, the Blockchain Encyclopedia has launched its Alpha version, and users can register for early bird access. Early supporters will receive an OG badge and can participate in the bug bounty program and incentive feedback program, earning rewards by providing feedback on the Blockchain Encyclopedia. Additionally, early supporters will be among the first to receive exclusive benefits, merchandise, and airdrops from TokenInsight in the future. The Alpha version will run from April 11 to April 23, after which the Blockchain Encyclopedia will be open to the public. (Source link)