Institutions Are Showing Interest in ETP Tied to Binance Coin, Amun Says

Technology

This added selling pressure on bitcoin, which Greenspan believes caused the 10 percent fall over the weekend, will likely prevent traders from moving into other digital assets, at the risk of taking a loss from liquidating their BTC. The lack of short selling this week suggests many traders are unwilling to speculate about future prices and will hold BTC unless something fundamental changes, he told CoinDesk.

Products You May Like

Articles You May Like

Ripple To Hire 50 Engineers For Its New Crypto Hub In Canada
Sam Bankman-Fried provides bailouts, ‘Bitcoin dead’ searches soar, and debate over hidden themes behind BAYC continues: Hodlers Digest, June 19–25
Can you earn passive income running a Lightning node?
Bitcoin may still see ‘wild’ weekend as BTC price avoids key $22K zone
Binance Launches Zero-Charge Bitcoin Trading for American Customers

Leave a Reply

Your email address will not be published.