Binance Research Introduces Global Markets Report

In collaboration with Binance Trading, Binance Research has launched its newest series of monthly reports that analyze cryptocurrency markets from an institutional lens. These reports will be referred to as Global Markets reports.

Binance Research, the market research and analysis arm of Binance, and Binance Trading, the over-the-counter (OTC) and institutional trading arm of Binance, have collaborated to release a new monthly research report series on the international cryptocurrency markets: the Binance Research Global Markets report.

For the inaugural version of the Global Markets report, which covers July 2019, Binance Research observed lower volumes on mid- and small-cap altcoins and high historical levels of Bitcoin dominance, amid Bitcoin’s struggle to maintain USD 10,000 resistance. The report also offers commentary on decentralized finance (DeFi), crypto staking, security tokens, and other pertinent topics in the crypto industry.

“The recent new offerings by Binance show the gradual shift of both retail and institutional attitudes. Not only are they focusing on trading opportunities, but they are also exploring different use-cases for cryptoassets, which may be interpreted as a sign of growing maturity from industry participants,” Binance Research noted in its discussion on crypto staking.

The Global Markets Report features statistics on movements, gains, losses, and new listings on exchanges such as Binance and Binance DEX, as well as borrowing and lending markets. 

In the report, Binance Trading pointed out that July 2019 was both a market correction month and a victorious period for Bitcoin maximalists. Beyond market movements, Binance Trading also pointed out significant events in the news cycle, including negative tweets from US President Donald Trump, the regulatory dilemma that Facebook faces with its proposed cryptocurrency Libra, and more.

Read the full report here. 

About Binance Research 

Binance Research provides professional, data-driven insights and analysis for investors in the crypto space to increase the level of transparency and improve the quality of information within the current crypto ecosystem. The team consists of professionals with a background and experiences in blockchain engineering, investment banking, strategy consulting, academic research and data science. For more information, visit: https://research.binance.com/

About Binance Trading

Binance Trading combines general best practices in OTC trading with the finest of what Binance has to offer. Leveraging Binance’s access to one of the deepest liquidity pools in the market, Binance Trading constantly keeps in touch with traders who can provide extremely competitive pricing and liquidity, not only in Bitcoin but also in a wide variety of altcoins. For more information, visit https://www.binance.com/en/blog/337068226927206400/OTC-Basics-by-Binance-Trading- or send an email to tradedesk1@binance.com.