Binance Says Compliance Chief Detained in Nigeria Has No Decision-Making Power at Firm

Binance Says Compliance Chief Detained in Nigeria Has No Decision-Making Power at Firm

[ad_1] “Binance respectfully requests that Tigran Gambaryan, who has no decision-making power in the company, is not held responsible while current discussions are ongoing between Binance and Nigerian government officials,” the exchange said in Wednesday’s blog post, akin to a character statement. [ad_2] Source link

Bitcoin ETF Outflows Are Ramping Up Again, What Does This Mean For BTC Price?

Bitcoin ETF Outflows Are Ramping Up Again, What Does This Mean For BTC Price?

[ad_1] Bitcoin ETF outflows are on the rise once again after a change in the tide last week. These outflows, given the ETFs’ correlation with the Bitcoin price, have a substantial impact on how well the cryptocurrency performs over time. So, as outflows are ramping up, will it trigger a crash in the BTC price? … Read more

Shiba Inu Fires Up With 4,000% Burn – Price Rebound Coming?

Shiba Inu Fires Up With 4,000% Burn – Price Rebound Coming?

[ad_1] Shiba Inu (SHIB), the popular dog-themed meme coin, is experiencing conflicting signals amidst the recent crypto market slump. While the burn rate, a metric indicating the rate at which tokens are permanently removed from circulation, skyrocketed by over 4,000% in the past 24 hours, the token’s price continues to decline. This surge in burning … Read more

Robinhood Initiated as Market Perform at KBW as Retail Trading Returns

Robinhood Initiated as Market Perform at KBW as Retail Trading Returns

[ad_1] “With Robinhood only having ~1% share of U.S. self-directed assets, but ~20% share of estimated total U.S. self-direct brokerage accounts, we believe there is room for HOOD to outpace the overall asset growth in the self-directed industry as its core client cohort matures,” the authors wrote. [ad_2] Source link

Asia’s Bitcoin Volatility Linked To Algos Tracking ETF Flows

Asia’s Bitcoin Volatility Linked To Algos Tracking ETF Flows

[ad_1] Recent Bitcoin price volatility in Asia has been closely linked to automated trading algorithms that monitor flows in US exchange-traded funds (ETFs). According to Bloomberg, this algorithmic trading response to daily US ETF flow data is causing pronounced swings in Bitcoin prices during Asian trading hours. Trading Algos Spoil The Bitcoin Price The trigger … Read more