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Trading
Bitcoin SV Drops as Robinhood Ends Support
The online trading app tells users any BSV still in their Robinhood crypto account will be sold for market value after Jan. 25.
Beaten-Down FTT, Serum Tokens Lead Altcoin Rally, Triggering Short Squeeze
Traders liquidated some $245 million worth of short positions, according to Coinglass.
Solana, Cardano Tokens See Price Bump Amid Strong Transactional Activity
The two tokens added nearly 20% in the past 24 hours as of Asian morning hours on Monday.
'Binance Effect' Means 41% Price Spike for Newly Listed Tokens
A study by Ren & Heinrich suggests that Binance's emergence as the dominant global crypto exchange might mean that its individual token listings are now getting a lot more attention – at least among speculators.
Bitcoin, Ether Options Market See Mixed Flow Ahead of US Jobs Report
Some traders have been buying downside protection in bitcoin and ether, while others are building strategies that profit from a big move in either direction, experts told CoinDesk.
Declining Demand for Binance's BUSD Represents New Chapter in Stablecoin Wars
The largest crypto exchange’s binance USD stablecoin endured $5.5 billion net redemptions in a month amid concerns about Binance. Top rivals USDT and USDC picked up market share.
Binance Controlled 92% of Bitcoin Spot Trading Volume at End of 2022: Arcane Research
A move during the summer to eliminate bitcoin trading fees and the collapse of rival exchange FTX pushed more investors to the Binance platform.
Crypto Markets Start Year on Positive Note After Horrendous 2022
The governance token of the Lido decentralized autonomous organization surged 26% so far in 2023, while bitcoin and ether have held steady after last year's steep losses. Some 142 assets of 163 assets in the CoinDesk Market Index are trading higher in the new year.
Solana Tokens Continue Steep Slide While Major Cryptos Stay Flat
SOL has dropped nearly 8% in the past 24 hours, adding to a 20% slide over the past week.
Crypto Firm Orthogonal Trading Said to Be in Provisional Liquidation After Maple Defaults
Orthogonal defaulted on $36 million of loans on DeFi protocol Maple earlier this month after it allegedly misrepresented the scale of its losses from the FTX implosion.
