1. Binance Leads Global Exchange Market with 12.6% Share
Binance continues to dominate the global crypto exchange market, holding a 12.6% share. According to a recent market report, the top 10 exchanges collectively control over one-third of the market. The overall market is projected to grow from $24.75 billion in 2024 to $71.94 billion by 2029, driven by both centralized and decentralized trading models.
GlobeNewswire
2. $2 Billion Investment Deal Involving Trump-Linked Stablecoin
A UAE-backed investment firm, MGX, is set to acquire a $2 billion stake in Binance using USD1, a stablecoin launched by World Liberty Financial, a company associated with the Trump family. The deal, announced at the TOKEN2049 conference in Dubai, underscores the growing ties between Binance and Middle Eastern investors.
WSJ
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New York Post
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Reuters
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Investor's Business Daily
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Reuters
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New York Post
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3. Strategy Firm Acquires $1.34 Billion in Bitcoin
Between May 5 and May 11, 2025, investment firm Strategy purchased 13,390 bitcoins at an average price of $99,856 per bitcoin, totaling approximately $1.34 billion. This acquisition reflects continued institutional interest in Bitcoin.
Binance
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Binance
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4. Crypto Market Update: Bitcoin and Altcoins on the Rise
As of May 12, 2025, the global cryptocurrency market capitalization stands at $3.35 trillion, marking a 0.12% increase over the previous day. Bitcoin is trading at around $104,518, with other major cryptocurrencies also experiencing gains.
Binance
๐ Binance Research Highlights
Binance Research reports that in April 2025, the cryptocurrency market rebounded strongly, with a 10.8% increase in market capitalization. This growth was partly attributed to macroeconomic factors, such as a 90-day pause on tariffs imposed by the U.S. government. Bitcoin demonstrated notable independence from traditional markets, reaffirming its resilience and value as a hedge against uncertainty.