Binance: A Giant Trying To Regain Its Footing In An Off-Balance Market (BNB-USD)

Michael M. Santiago/Getty Images News

Binance Coin USD (BNB-USD) remains plagued with scrutiny and skepticism. After a massive market meltdown in 2022, multiple shocks shook digital asset foundations, including the stablecoin collapse and FTX (FTT-USD) fallout. It is no surprise

Bitcoin Balance

Bitcoin Balance (Coinglass)

Token Allocation

Token Allocation (nanssenportfolio)

Binance Token Flow

Binance Token Flow (Nansen)

Bitcoin Balances On Exchanges

Bitcoin Balances On Exchanges (Data from Glassnode, Chart Created by the Author)

Monthly Volume Share

Monthly Volume Share (Coindesk)

US Inflation Rate

US Inflation Rate (Trading Economics)

BNB Price

BNB Price (Seeking Alpha)

Inflation Rate, Interest Rate, And Mortgage Rate

Inflation Rate, Interest Rate, And Mortgage Rate (Author Estimation)

Binance Assets

Binance Assets (Forbes)

Binance Price

Binance Price (Chart From TradingView, Analyzed by the Author)

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