Binance’s Bitcoin Trading Volume Plunges 57% as Regulatory Pressure Mounts
As legal challenges against Binance mount, the average spot BTC trading volume on the platform has decreased 57% since Sep. 1
Binary trading platforms with better performance and payouts
Bitcoin
As legal challenges against Binance mount, the average spot BTC trading volume on the platform has decreased 57% since Sep. 1
Hopes for a spot bitcoin ETF and the latest regulatory actions could prove a further catalyst.
BTC price fell to $26,700 from $27,200 during Monday.
The world’s largest crypto has bounced from a 3-month low below $25,000 hit on Monday.
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 15, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Paxos paid $520,000 for a $2,000 bitcoin transaction earlier this week.
Bitcoin’s bounce amid fears of FTX creditor liquidation might shake out altcoin bears, leading to a sharp rally in recently shorted tokens like solana.
Today in Crypto for Advisors, Peter Gaffney from Security Token Advisors provides an overview of the current tokenization landscape, one that’s forecasted to reach $16 Trillion by just 2030.
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 14, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Crypto exchange FTX got court approval to sell part of its $3.4 billion digital asset holdings.