-
General Statistics
-
Total Topics23,593
-
Total Posts96,935
-
Total Members44,157
-
Most Online7,522
10/06/21 10:53
-
-
-
Posts
-
By XTRAVAGANZA · Posted
DCA is my long term investment strategy. As for copy trading, i was using Bybit and Bitget initially but switched completely to the latter cex cos it gives me more win rates. Its prolly because they have more elite traders than the former yah. -
By XTRAVAGANZA · Posted
I would say Pele remains the undisputable Greatest Of All Time yah. -
Bitcoin (BTC/USD) Holds the High Ground as Binance Deals with Client Exodus Nov 28, 2023 7:46 PM +02:00 Zain Vawda, DailyFX Analyst BITCOIN, CRYPTO KEY POINTS: Bitcoin Trades Just Above the $38k Mark. Are We Finally Going to Print a Daily Close Above the Resistance Level with an Eye on the $40k Handle? Binance Users Pull $1 Billion Following the Exit of CEO Changpeng Zhao. BNB Token Struggles and Hovers Near Recent Lows. Can the Exchange Survive Moving Forward? Bitcoin continues to threaten the $38k mark but remains unable to find acceptance above the key level. The reason the world’s largest cryptocurrency has held onto its gains may have to do with an increase in capital inflow from institutional investors over the past week, per a report by CoinShares. There has also been a notable surge in demand for digital assets of late with the past week being the 9th consecutive week of positive inflows to the market. A lot of this could still be down to anticipation of the spot Bitcoin ETF and the halving event next year. Bitcoin in particular saw inflows of around $312 million over the past week with the yearly total now at around the $1.5 billion mark as investor confidence appears to be on the rise. There has also been a notable shift over the last 18 months with the number of Hodlers growing exponentially as well. Source: TradingView BINANCE FACES CLIENT EXODUS FOLLOWING ZHAO’S EXIT It’s been a topsy turvy couple of days for Binance as it continues to grapple with the fallout from exit of former CEO Changpeng Zhao. This has left the world of crypto exchanges reeling even if Cryptocurrencies themselves have enjoyed a renaissance in Q4. Binance faced questions last week about its ability to continue given the size of the fines imposed on the exchange which totaled $4.3 billion. As news filtered through the exchange saw outflows of around the $1 billion mark in the 24 hours post Zhao’s departure being announced. If this continues it could pose a serious risk to the exchange and may be worth monitoring in the days ahead. The BNB token as well faced challenges in the aftermath as it fell as much as 8% following Zhao’s announcement. The exchange has also lost a significant amount of market share from zero-fee crypto trading since the removal of this lucrative incentive. Binance does not face the same charges as FTX but are we about to witness another titan of the industry disappear into the doldrums? BNB Daily Chart, November 28, 2023 Source: TradingView
-
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now