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Bitcoin Shows Signs of Decentralization Despite Liquidity Issues on Binance.US

Bitcoin's network is becoming more decentralized as the number of wallets holding at least one bitcoin reaches an all-time high. However, the network is facing increased load due to the popularity of ordinals. Binance.US is experiencing a lack of dollar liquidity, resulting in a discount in the trading of Bitcoin and Tether.

The exchange's market depth has also decreased significantly. Meanwhile, a new third-party payment service called Bitcoin Tipping on Damus allows users to tip each other on any app that runs on the Nostr protocol.

Bitcoin Bitcoin $97,030.64
-0.5%
Bitcoin Decentralized Binance.US
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