Binance Research, the research arm of the popular cryptocurrency exchange Binance, has published its latest "Monthly Market Information" report for September 2023. The report provides a comprehensive overview of the crypto market during the month, highlighting key trends and developments.#crypto2023 Here are some of the highlights from the report:The crypto market remained relatively stable in September. The total market capitalization showed negligible fluctuations throughout the month, with Bitcoin (BTC) and Ethereum (ETH) prices remaining relatively stagnant. #BTC $BTC $ETH Account Abstraction (AA) adoption is on the rise. AA is a new technology that allows users to interact with smart contracts without having to manage their own private keys. This makes it easier and more secure for users to access and use DeFi applications. According to the report, there were over 2.3 million successful ERC-4377 smart account transactions across over 870,000 unique AA accounts in September.The stablecoin market continues to decline. The total market capitalization of stablecoins fell to a new low of US$123.8 billion in September, the lowest level since September 2021. However, two stablecoins, USDT and DAI, saw slight increases in market capitalization despite the challenging environment.Significant changes were seen in the DeFi sector. ApolloX, a new decentralized exchange (DEX), made a significant entry into the DeFi sector in September. ApolloX offers a variety of features, including margin trading, perpetual contracts, and options trading.Ethereum (ETH) Layer 2 solutions came to the fore. Ethereum Layer 2 solutions, such as Arbitrum and Optimism, saw significant growth in September. These solutions offer faster and cheaper transactions than the main Ethereum network. #ETH Overall, the Binance Research report provides a valuable overview of the crypto market in September 2023. It is a must-read for anyone interested in staying up-to-date on the latest trends and developments in the industry. #BinanceResearch #Binance

A mix of stagnant economic activity and high inflation — in the U.S. might be receiving more attention than necessary. Their inaugural "Macro Thoughts" report offers a fresh perspective on the matter.

According to the Bureau of Economic Analysis, recent market trends have pointed to a rising risk of stagflation. Nonetheless, Binance Research argues that the evidence of strong domestic demand and stabilizing wage increases indicates continued economic resilience.
The first quarter of 2024 saw the U.S. GDP growth rate dip to a concerning 1.6%, missing the mark on earlier forecasts. Yet, the slowing job market is fueling optimism for the Federal Reserve to manage a "soft landing" for the economy.
Despite a downturn in the crypto market, this adjustment might not be entirely unfavorable, as it could set the stage for more reliable and long-term growth. The market has still seen a commendable 38% gain since the beginning of the year.
Binance Research delves into the dynamics of stagflation, the factors influencing economic expansion and inflation, and their effects on growth-oriented assets like cryptocurrencies. The analysis also touches on the slim chance of the Federal Reserve raising interest rates this year and how these economic trends could influence the cryptocurrency sector.
Drawing data from the Bureau of Economic Analysis as of April 25, 2024, Binance Research maintains an optimistic outlook. Despite recent market adjustments, the cryptocurrency sector is making strides, marked by significant achievements such as Bitcoin's network processing its billionth transaction. This phase is viewed as a period of healthy correction rather than a negative downturn.#MicroStrategy #BinanceResearch #ETHETFS #ETFvsBTC #orocryptotrends @Binance Labs @binance research

Binance, a prominent cryptocurrency exchange, has conducted a recent survey shedding light on the optimistic sentiment prevailing among institutional investors regarding the future of digital assets. The "Institutional Crypto Outlook Survey" gathered responses from 208 Binance institutional clients and VIP users between March 31 and May 15, 2023, providing valuable insights into their attitudes, preferences, adoption, and motivations related to cryptocurrency investments.

Buoyant Outlook for the Next Decade:

In the survey findings, an overwhelming 88% of institutional investors revealed a bullish outlook for cryptocurrency over the coming decade. While 63.5% expressed positivity for the upcoming 12 months, a significant majority displayed unwavering confidence in the long-term potential of digital assets. #Binance

Increased Crypto Allocation and Soaring Confidence:

The survey unveiled that 47% of institutional investors maintained their crypto allocation over the past year, while 35.7% increased their allocation. Encouragingly, 50% of respondents have plans to further augment their allocation to cryptocurrency, signaling growing confidence in this asset class. Notably, a mere 4.4% of participants anticipate reducing their crypto allocation in the next 12 months.

Emphasis on Infrastructure and Key Sectors:

Institutional investors demonstrated a keen interest in infrastructure, with 53.9% considering it the most crucial sector for them or their funds. The Layer 1 (L1) and Layer 2 (L2) sectors also garnered significant attention, with 48.1% and 43.8% of respondents respectively prioritizing them. The survey also highlighted the widespread usage of DeFi dApps (Decentralized Finance decentralized applications) in recent months.

Concerns and Comfort Levels:

Regulatory risk emerged as the primary concern for institutional investors, followed closely by counterparty and custody risks. Notably, the survey indicated that price volatility did not deter these investors, as they expressed a high level of comfort with cryptocurrency's inherent volatility. #BinanceResearch

Catalysts for Adoption:

Increased real-world use cases and regulatory clarity emerged as the pivotal drivers of cryptocurrency adoption among institutional investors. As the industry matures, these investors anticipate broader acceptance of cryptocurrencies in mainstream applications and a more supportive regulatory environment.

Institutions Maintain Resilience:

Despite recent lawsuits filed by the U.S. Securities and Exchange Commission (SEC) against Binance and Coinbase, institutional investors remain resolute. Prominent firms such as WisdomTree, BlackRock, VanEck, and Fidelity have submitted Spot Bitcoin ETF applications, underscoring their sustained interest in cryptocurrency.

In Summary:

The Institutional Crypto Outlook Survey by Binance exemplifies the overwhelmingly positive sentiment prevailing among institutional investors regarding the future of cryptocurrency. With a bullish outlook for the next decade and growing confidence in this asset class, institutional investors are increasingly allocating funds to cryptocurrencies. While regulatory risks continue to be a concern, these investors anticipate broader adoption fueled by real-world use cases and regulatory clarity. The survey serves as a testament to the robust and unwavering institutional interest in cryptocurrency, despite the presence of regulatory challenges.

Grayscale officially announced that before Peter Mintzberg takes office as CEO on August 15, 2024, Chief Financial Officer Edward McGee will serve as CEO and be responsible for leading the company.
#BinanceResearch

In a paper that was released not too long ago, the research division of the cryptocurrency exchange known as Binance, known as Binance Research, expressed its bullish outlook on the future of the cryptocurrency sector.
Some of the bear market developer efforts have begun to show up in both cryptocurrency activity and asset values, according to experts from Binance. In recent weeks, the market has exhibited indications of renewed energy, with some of these efforts becoming reflected in the market. Despite the fact that it is still too early to clearly announce a return to the bull market, economists are of the opinion that things are definitely looking good.
In the most recent research that was issued by Binance Research, the following are the most noteworthy statements:
There has been a capital growth of over $870 billion in the cryptocurrency market, which represents a roughly 110% gain from the beginning of the year. As of the beginning of the fourth quarter, the markets have experienced a growth of 55%, amounting to around $596 billion.
NFT volumes interrupted a decreasing trend that had been going on for eight months and increased by about 200% in November compared to the previous month. With a non-fungible token (NFT) volume that surpassed $375 million, Bitcoin emerged as the most popular chain, beating even Ethereum's NFTs, which was valued at $348 million.
The transaction fees for the twenty major cryptocurrency projects climbed by more than one hundred percent in comparison to September and by over eighty-four percent in comparison to October. Despite the fact that the total locked value of DeFi also climbed, the dominance of DeFi increased by 18% in comparison to the current month.
A revival of interest in the space occurred in November, following a busy year for Bitcoin, which saw the introduction of Ordinals and BRC-20s. While the market waits for approval in January, the Bitcoin Halving in April is another significant milestone to keep an eye on. The news on the spot Bitcoin ETF appears to be encouraging.
Over the past several months, a number of alternative layer-1 protocols have surpassed Ethereum, with Solana and Toncoin being particularly noteworthy in this regard. As a result of upgrades sent by Farcaster, Lens, and Binance Square, as well as the introduction of new protocols such as friend.tech, SocialFi has developed.
The Related News This is an airdrop alert for holders of Cardano (ADA), so what should you know?
Real-world assets, also known as RWAs, are gaining more and more significance nowadays, and they presently account for more than 49 percent of the assets that are shown on MakerDAO's balance sheet. With the help of its new CCIP solution, Chainlink also intends to strengthen the connections that exist between traditional banking, RWAs, and cryptocurrency.
There have been a number of recent ZK-rollup launches, as well as an increase in the amount of research and debate surrounding ZK common protocols. Zero-knowledge technology is beginning to gain traction.
The current level of interest rates in the United States is at a 22-year high, and the market anticipates a reduction in the following year. In the meanwhile, investors in Europe have begun to anticipate a reduction in interest rates from the European Central Bank as a result of low inflation in Europe. China has already begun to reduce some of its interest rates.
According to the findings of the Binance research, although it is too soon to claim with absolute certainty that we are once again in the bull market, things are certainly feeling better than they have in a considerable amount of time.
#BinanceTournament #BTC #BinanceResearch

On May 20th, according to the Snapshot governance page, the Aave community initiated a proposal to add USDe to the Aave V3 ARFC on Ethereum, and the vote will end on May 22nd.
#BinanceResearch

The world of cryptocurrency trading has witnessed a remarkable transformation with the emergence of Telegram bots as a powerful tool for individuals to engage in the market and related services. A recent report from Binance Research reveals that these bots have facilitated a surge in trading volume, with July marking an all-time high of $10 million. This article delves into the significant role played by Telegram bots in the cryptocurrency trading landscape, their services, associated revenue, and potential implications.

Telegram Bots: Revolutionizing Crypto Trading

In a groundbreaking shift, Telegram bots have gained prominence as a convenient means for traders to interact with the cryptocurrency market. According to Binance Research, the cumulative trading volume linked to these bots surpassed a staggering $190 million by early August 2023. This surge in activity is attributed to their user-friendly nature and seamless transaction process. #Telegram

Diverse Services Offered by Telegram Bots

Telegram bots offer a versatile range of crypto services, including trading, airdrop farming, and automated token operations known as sniping. This multifaceted functionality positions them as integral tools within the cryptocurrency landscape, catering to various trading needs. #BinanceResearch

Revenue Generation and Notable Token Growth

The revenue generated by Telegram bots, particularly those focused on cryptocurrencies, has exceeded 15,500 Ether (ETH), equivalent to approximately $28 million. A key driver behind this growth is the Unibot (UNIBOT) token, which experienced a remarkable 400% surge in late July, reaching an all-time high of $199 on July 28. UNIBOT's market capitalization dominance, accounting for over 77% of the market, has contributed significantly to the recent upsurge in Telegram trading bot activity. #UNIBOT

Potential and Caution

While the growth in Telegram bot-enabled crypto activity indicates potential trends, it is essential to exercise caution. Binance Research's Chief Financial Officer, Jie Xuan Chua, underscores the importance of thorough research before engaging with any Telegram bot. As the sector is still in its early stages, users must remain vigilant regarding risks associated with asset security and smart contracts.

In Summary

The emergence of Telegram bots as a pivotal tool in the cryptocurrency trading landscape has brought about transformative changes. The surge in trading volume, revenue generation, and the rise of tokens like UNIBOT point towards a dynamic future for Telegram bot-enabled crypto activity. As this sector continues to evolve, users must navigate the landscape carefully, armed with knowledge and an understanding of associated risks. #trading #bots

The Central Bank of Brazil has decided to implement phased regulation of cryptocurrency and is expected to complete regulatory proposals by the end of 2024.
#BinanceResearch

#Write2Earn Pixels is a free Web3 farm game; Binance has launched a large number of new Gamefi projects this year, which to some extent shows that games will definitely have a place in the new bull market trend; Mavia Game, which I have been following for some time, has also been invested by Binance. The current upward trend is as good as a bulldozer.This mining lasts for 10 days in total. You can use BNB and FDUSD to get the token Pixels (PIXEL) for free. I pledged it from the first day and currently have 2017 tokens;Through research on relevant tracks and projects, this article mainly analyzes:1. What exactly is Pixels?2. Pixels’ token model?3. What is the estimated return? Is it worth borrowing money to mine?4. What is the estimated online price and how to operate it?5. Binance related research reports1. What are Pixels?Pixels is a P2E-based Web3 farming game.First of all, the game is free. It allows players to engage in familiar farming activities such as resource cultivation, food preparation, and goods trading, with the unique opportunity to own and develop individual farmland plots.Secondly, the game recreates the atmosphere of a classic 16-bit role-playing adventure, allowing players to navigate a pixel art world, interact with each other, farm land, play mini-games and earn token rewards.Additionally, it allows holders of select NFT Profile Picture (PFP) collectibles to use their own avatars in the game. Adds to the fun of the game.For a P2E game to run stably, the team needs mature thinking. The Pixels team's vision can be understood from three aspects: game fun, interoperability and decentralization.In terms of the fun of the game, Pixels is designed to allow all types of users to experience the fun of the game. Community KOL @0xPixelPenguin believes that Pixels’ rich gameplay and ecology can meet the needs of different groups of people. Professional players can choose to earn money, decorate their own Land NFT, and earn land taxes by letting other players plant on their own land; ordinary players can "work" for professional players to earn wages. In addition, players can participate in irregular team-led activities (such as Thanksgiving turkeys, Easter eggs, etc.) and receive rewards.In terms of interoperability, Pixels takes advantage of the unique advantages of blockchain games - Pixels implements the first NFT integration, allowing users to connect their Metamask wallets and roam in the Pixels world as their #nfts . According to the Pixels team, there are currently more than 50 NFT collections integrated. “To us, what these discussions of the Metaverse mean is: an interconnected grid of adventures, games, and spaces through which your digital identity can flow.”Regarding the concept of decentralization, Pixels adopts a product-first approach and gradually achieves decentralization. Early decentralization was mainly reflected in the ownership of game items on the chain, but many game mechanisms are executed on the server side, which can speed up development and shorten response times, thereby bringing players a better gaming experience. In the future, the actual implementation of the mechanism can be moved on-chain and into contracts.In February 2022, Pixels completed a US$2.4 million seed round of financing led by Animoca Brands and PKO Investments, with participation from OpenSea and others.Recently, Pixels made a strategic move to migrate from Polygon to Sky Mavis' Ronin network. Pixels' popularity on the Ronin network has grown dramatically, with over 1.5 million on-chain transactions per month. This high level of activity is a testament to the game's appeal and its ability to attract a large user base.2. Pixels’ Token ModelPIXEL is the native utility and governance token in the Pixels ecosystem and is used for the following functions:In-game currency:NFT coinage: All future NFT coinage from Pixels will exist in the form of PIXEL.VIP Membership: Users will be able to purchase VIP Battle Pass with PIXEL.Guilds: Users will be able to join new social networking features (guilds) using PIXEL.Quality of Life Upgrades: Advanced gaming features will be sold at PIXEL prices.Governance: PIXEL will eventually be used to govern the community treasury.As of February 8, 2024, the project has raised $4.8 million through 3 rounds of private token sales,14% of the PIXEL token supply has been sold at prices of $0.005/$PIXEL , $0.009/$PIXEL , and $0.012/$PIXEL .As of February 8, 2024, the total supply of PIXEL is 5,000,000,000, and the circulating supply after listing is 771,041,667 (approximately 15.42% of the total token supply).A few days ago, Pixels announced that it will focus on PIXEL and gradually phase out BERRY. BERRY holders can exchange their tokens for PIXEL on a proportional basis.3. What is the estimated return? Is it worth borrowing money to mine?As mentioned above, the three rounds of private placement prices are: 0.005, 0.009, 0.012UBased on the maximum private placement of 20 to 30 times, the initial circulation is about 185 to 277 million. The annualized income will not be particularly high.However, because it can be mined for 10 days, I personally feel that the rate of return is not bad, and the annualized return can reach more than 50%, which should be considered a medium level;As for whether to borrow currency, U can exchange it for $FDUSD when the price is low. To borrow BNB, you need to check the interest rate. It is not worthwhile if it is too high.4. What is the estimated online price and how to operate it?I think you can take a look at the online price: Aunt AI ( @ai_9684xtpa )’s estimation method should be more accurate.1. BEERRY <> PIXEL exchange: BEERY price is $0.0027. Calculated based on 1000 BEERY = 7.6175 PIXEL, the cost of 1 PIXEL is $0.3542. Binance #mining : The current BNB borrowing interest rate of Venus is 74%, and the total interest required for 10 days is 2%. There are currently about 16 million BNB deposited, and each BNB can mine a total of 17.5 PIXEL within 10 days. The cost of one is approximately $0.365The above is the cost of purchasing BEERY to replace #PIXEL and the cost of renting $BNB for mining. The online price should be higher than this price, and it is estimated to be between 0.4-0.6 which is more reasonable;If the market opens low and moves high, you can catch some at around 0.3; if the opening price is higher, it is recommended to wait and see for a while. After all, the tokens recently listed on Binance like to rise and then consolidate for a period of time, so you are not afraid of not being able to receive the goods.#BinanceResearch Report

Time to look at this month's market insights!#BinanceResearch bring their new report and published on X formerly Twitter .I know many users doesnt have Twitter , so i reposting their article here . But it would be wise to see yourself there post in X . @Binance Labs 🔶LETS START :1️⃣2️⃣ I will post here only 1-7 . Full research book , i will publish if you guys put 150 likes .See its very easy to read full articles :) just you go in X and read there . I dont think anyone need this . posting this if anyone doesnt have x so they can also read them . If this type traders exist and want to read the full research paper then comment please . 3️⃣4️⃣5️⃣6️⃣7️⃣