Institutional

Monthly Market Insights – July 2023

Binance Research (JieXuan Chua, CFA, Moulik Nagesh, Shivam Sharma, Colin Chan)July 7th 2023DOWNLOAD THE FULL REPORT HERECrypto markets picked up in June as the ‘institutions are coming’ narrative drove performance. Specifically, several notable traditional finance firms have filed for a spot Bitcoin ETF, fueling positive sentiment. Bitcoin…
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Data Insights: Liquid Staking and LSDFi Heat Up

Binance Research (Keng Ying Sim)July 3rd 2023DOWNLOAD THE FULL REPORT HERELiquid staking: Overall staked ETH is experiencing exponential growth as a result of reduced withdrawals, which can be attributed to lower liquidity risks and the growing popularity of LSDfi protocols. Having overtaken DEXes, liquid staking now ranks number one in total…
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