Binance and the Ongoing Liquidity Challenge in Crypto Markets
A recent S&P Global report highlights that despite efficiency improvements, cryptocurrency markets, including major platforms like Binance, still lag behind traditional finance in terms of liquidity. The analysis points to fragmentation, technical disparities, and external shocks as key barriers.
Crypto Liquidity Trails Traditional Finance Despite Efficiency Gains, S&P Global Reports
Cryptocurrency markets still face significant liquidity challenges compared to traditional financial systems, according to a new S&P Global analysis. Fragmentation across trading venues, technical disparities, and vulnerability to external shocks continue to hinder progress.
The study examined key metrics—trading volume, bid-ask spreads, market depth, and slippage—across centralized and decentralized platforms for Bitcoin, Ethereum, and major stablecoins. While efficiency improvements are evident, liquidity profiles remain inconsistent across exchanges, asset pairs, and trade sizes.
Binance and other major crypto platforms still report spot trading volumes far below traditional benchmarks like the NYSE. Fiat-based trading pairs particularly struggle with shallow order books, underscoring the market’s ongoing growing pains.
Shiba Inu Burn Rate Soars 6500%— Is SHIB’s 100% Rally Next?
Shiba Inu’s burn rate skyrocketed 6,519% within 24 hours, igniting speculative interest as the memecoin tests a critical resistance level. SHIB briefly touched $0.00001577 before retracing to $0.00001523, reflecting a 3.36% pullback from the daily high. The failed breakout attempt underscores persistent selling pressure at the descending trendline that has constrained prices since November 2023.
On-chain data reveals 28.2 million tokens burned during the surge, marking a dramatic reversal from prior week’s decline. This combustion spike coincides with a 20% weekly price appreciation, suggesting renewed capital inflows into the dog-themed asset. Technical analysts posit a 105% upside potential if current support levels hold, though the market remains wary of meme coin volatility.
