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

What happens during a ‘credit crunch’ — and how you can prepare for one
Stocks making the biggest premarket moves: Tesla, First Republic, UBS, Foot Locker and more
Mortgage giant Fannie Mae tackles climate risk, but changes to underwriting may take several years
‘Crypto FUD’ — Industry outraged as White House report slams crypto
America’s biggest companies say retail crime is an epidemic, but just how big of a problem is it?

Leave a Reply

Your email address will not be published. Required fields are marked *