After everything I will trust Binance until I realized the problem. In my point if Binance get success by monopolize than everything can control Binance coin. By wishes any project can success, cryptocurrency is for not to do that, after stock crisis 10 years ago, cryptocurrency is trying make independent everything.
Binance is very huge empire. From exchanges and firm that they acquired it surely proves how strong they are. I am not saying this will ruin the crypto market and point of view of other people, but this is a good start that Binance extending their wide range of businesses. Coinmarketcap is one of the best analysis tool and portfolio tracker, I am looking forward on how Binance can improve it perfectly.
Binance is indeed dominating the entire crypto market, and recently CZ acquired CMC which surprised many investors.
I think in the near future, Binance will be the most mentioned name, and new investors will tend to choose more investment. Of course, this is just my prediction, and it all depends on how CZ is developing because he has a lot of say in the crypto market.
It caused by CMC has become the main site to get the latest data of crypto capitalization and that's why so many people were feeling surprised when binance bought CMC. I guess there will be more major service will be bought by binance too in the future.
Binance has already started to dominate crypto business.