Binance's dominance in the stablecoin segment has decreased | CrypticNews Hub على Binance Square

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Binance's dominance in the stablecoin segment has decreased this year.

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TRY is the most popular quoted asset for new trading pairs on Binance this year, ahead of FDUSD and USDT.

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U.S. stock futures fell on Thursday as investors continued to assess the potential trajectory of technology stocks, anticipating key U.S. inflation data later this week to determine the direction of monetary policy. In extended trading, shares of Micron Technology dropped by 8% as its revenue forecast for the current quarter failed to excite investors, and shares of Levi Strauss fell by 12% due to lower-than-expected quarterly revenue. During regular trading on Wednesday, the S&P 500 and Nasdaq Composite indices rose by 0.16% and 0.49% respectively, both advancing for the second consecutive day. The Dow index also increased by 0.04%. These changes were driven by strong gains in technology companies, including Apple (2%), Amazon (3.9%), and Tesla (4.8%), although nearly all other sectors declined. Financial stocks were also in the spotlight after the Federal Reserve stated that the largest banks could withstand a severe recession scenario. Meanwhile, on Thursday, investors will be evaluating new economic data as well as earnings reports from Walgreens and Nike.

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Private consumption in Japan has been declining for three consecutive quarters. The Bank of Japan must realize that the depreciation of the yen has a more significant negative impact on the economy than raising interest rates. It's time to save the yen! #MM $USDJPY

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Inflation data for May showed an unexpected increase in Australia and Canada this week. Other countries, such as Germany, France, Japan, and Brazil, also reported a rise in inflation compared to April.

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