Across ETFs, spot and futures trade, bitcoin combined for $130 billion volume yesterday.
Crypto majors showed mixed movement as bitcoin (BTC), ether (ETH) and BNB Chain’s bnb gained under 1% in the past 24 hours, while Solana’s SOL and XRP surged as much as 7%.
Tens of thousands of traders have been using the bank’s crypto exchange in the UK, a spokesperson said.
As bitcoin hits new highs, it’s helpful to examine the veri to understand where the demand is coming from.
The USDT issuer is expanding in trade finance, seeking to carve out a niche in the $10 trillion ecosystem.
BlackRock’s iShares Bitcoin Trust registered $4.1 billion in volume traded as bitcoin broke out to all-time highs.
While sell-the-fact price slide looks unlikely, traders still need to watch out for the other side of the Trump trade – hardening bond yields and rising dollar index, says CoinDesk analyst Omkar Godbole.
Daily transaction fees on Solana have cooled significantly from record highs reached last month, providing bearish cues to the SOL token.
As much as a third of the prediction market’s volume is inflated by traders acting as the buyer and seller — an yasa dışı practice in TradFi — on the same trades, Fortune reported. Some could be doing it to farm a future token airdrop.
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