.$BTC and $ETH market depth on binance_us has sharply deteriorated after the SECGov lawsuit, Kaikodata shows, suggesting that traders and market makers are leaving the exchange contributing to the price anomaly. sndr_krisztian reports
The unusually high price premium is a sign of deteriorating liquidity on the platform as traders are retreating in anticipation of a potential asset freeze, according to Clara Medalie, research director of digital asset data firm Kaiko.
“Market makers are wary ahead of this double blow to Binance's U.S. entity, and are removing liquidity from the exchange's order books in anticipation of a possible freeze,” Medalie said in a note. “No trader wants to get caught with their assets stuck on an exchange.”
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $26,000, as SEC Sues Binance – Market Updates Bitcoin NewsBitcoin plunged to its lowest point in over two months, as markets continue to react to the SEC versus Binance lawsuit.
Les mer »
Bitcoin Trading at Premium on Binance US Amid SEC Lawsuit and Asset Freeze Motion – Bitcoin NewsAs of June 7, 2023, recent data reveals that the value of bitcoin (BTC) is experiencing a premium on the Binance US exchange.
Les mer »
Bitcoin drops after SEC files 13 charges against Binance, founder Changpeng ZhaoMajor cryptocurrencies sank on Monday, after the Securities and Exchange Commission charged the world's largest crypto exchange, Binance Holdings Inc., and...
Les mer »
Bitcoin Plummets After SEC Sues Binance for Securities ViolationsThe agency alleged that Binance’s native tokens, including BUSD and BNB, are unregistered securities.
Les mer »
US SEC Identifies 12 Crypto Tokens as Securities in Binance Lawsuit – Regulation Bitcoin NewsThe U.S. SEC has identified 12 crypto tokens as securities in a new lawsuit filed against Binance and its CEO Changpeng Zhao (CZ). cryptocurrency
Les mer »
Bitcoin slides to near 3-month lows after SEC sues Binance By Investing.com*BITCOIN FALLS 5% TO LOWEST SINCE MARCH AS CRYPTOS TUMBLE AFTER SEC SUES BINANCE $BTC $ETH $ADA $SOL $DOGE $SHIB
Les mer »