Bitcoin balances on exchanges are shrinking and Binance is no exception

The collapse of FTX left a gaping hole in the crypto market.

The post Bitcoin balances on exchanges are shrinking and Binance is no exception appeared first on CryptoSlate.

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Crypto deviates from stocks for third time this year

What a week for crypto. The collapse of one of the industry’s key exchanges, FTX, has thrown the entire market into disarray (deep dive here). With a hole on the balance sheet of reportedly up to $8 billion, the markets have wobbled again.

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Bitcoin, ETH, XRP, ADA Get Stuck In Tight Ranges As Investors Attune To The Jackson Hole Symposium

On Friday, Bitcoin and Ethereum opened with their heads down, with the global crypto market volatility remaining suppressed for the week ahead of the much anticipated Jackson Whole Symposium.

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Should I buy Siacoin (SC) at the current price?

Siacoin (SC) has weakened from $0. 0052  to $0. 038 since August 11, 2022, and the current price stands at $0. 0039. The cryptocurrency market tumbled this Friday after Federal Reserve Chair Jerome Powell’s hawkish speech at the Jackson Hole conference in Wyoming, and for now, everything indicates that we could see new lows.

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BTC, ETH have had a difficult 24 hours; Fed Chair Powell to blame? 

The cryptocurrency market declined with the broader financial markets as of 26 August. This decline followed the hawkish remarks made by Federal Reserve Chair Jerome Powell at the Fed's Jackson Hole, The post BTC, ETH have had a difficult 24 hours; Fed Chair Powell to blame?  appeared first on AMBCrypto.

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Russians turn to crypto to evade restrictions

Bitcoin (BTC/USD) is trading just above the $20k mark after another sell-off. This latest dip follows a broader market reaction to Federal Reserve Chairman Jerome Powell’s monetary policy remarks at Friday’s Jackson Hole economic forum.

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Bitcoin's Pre-Jackson Hole Decline Leaves Room for 'Buy the Fact' Bounce

"No matter what Powell says or the Fed does, the market insists on reading/hearing him dovish," one observer said.

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Crypto Markets Look To This Week’s Jackson Hole Economic Policy Symposium For Further Direction

This week, the annual Jackson Hole Economic Policy Symposium will be held from August 25-27 in Wyoming, US. The symposium draws participants from central bankers, finance ministers, policymakers, academics, and other financial market participants worldwide.

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Cryptocurrencies react to Jackson Hole, Fed rate hike plans and a weakening bear market rally

The price action in Bitcoin, altcoins and stocks reflects investors’ anxiety over the Fed’s rate hike plans, a weakening bear market rally and this week’s Jackson Hole economic symposium.

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The Crypto Black Hole Paradox, Centralized Crypto Cancer

The crypto world is no stranger to market manipulation.  In fact, it’s something that happens on a regular basis.  The most recent example is the story of BitConnect, which promised guaranteed returns of up to 40% per month.

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Here's what Solana's 'liquidity black hole' means for the altcoin market

Solana [SOL], at press time, was up by 75% over the week. This was thanks to rising NFT and DeFi usage on the high-volume blockchain network. After recently recording its ATH of $79.57; the 10th largeThe post Here's what Solana's 'liquidity black hole' means for the altcoin market appeared first on AMBCrypto.

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Bitcoin Chills Around $40k as USD Slides After Fed Says It Has A Ways to Go Before Tapering Ends; GDP Rises Slightly, Better than Q1

The US central bank has made no decision regarding the timing of the tapering; as such, the market has now shifted its focus on the Jackson Hole conference of central bankers in late August. The post Bitcoin Chills Around k as USD Slides After Fed Says It Has A Ways to Go Before Tapering Ends; GDP Rises Slightly, Better than Q1 first appeared on BitcoinExchangeGuide.

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Bitcoin Derivatives Market Structure Makes a Shift as OKEx and Huobi’s Supremacy Declines

Liquidity getting concentrated to Binance and FTX will be “much healthier” for the market while in the short term, Grayscale, which is “designed as a black hole that sucks in BTC” and never leaves it, is bullish for spot BTC price.

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Elon Musk Pokes Massive Hole in the Bitcoin Market After Halting Bitcoin Payments at Tesla

Elon Musk left the Bitcoin ecosystem in shambles when he, in his most recent tweet revealed that his electric vehicle company Tesla, would no longer be accepting car purchase payments in Bitcoin. The new development came as a shock to the community as Tesla had only introduced the asset as a payment medium on the […]

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First Mover: Binance’s Shrinking Trading Spreads and Bitcoin’s Jackson Hole Fizzle

Traders are getting better fills due to shrinking bid-ask spreads on Binance and other cryptocurrency exchanges. It's a sign of a healthy market.

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Winklevoss Twins Make a Case for $500,000 per Bitcoin as Fed Sends Markets Higher & Dumps Dollar

Although there was nothing “historic” about the Federal Reserve Chairman Jerome Powell’s speech yesterday, as of yet, the much-hyped Jackson Hole speech failed to cool down the markets. The stock market continued to roar higher, making new all-time highs.

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Veteran Strategist Sees Bitcoin Back at $12K as Powell’s Speech Nears

A veteran market strategist expects Bitcoin to hit $12,000 even as the cryptocurrency looks uncertain ahead of the annual Jackson Hole meeting on Thursday. Mark Principato, the founder of New York-based Seeking Cryptos, said BTC/USD is setting up for “a new swing trade long off of today’s inside bar.

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Gung-Ho Fed Exposes ‘Gigantic Hole’ That May Rattle Stock Market

The Federal Reserve has taken an aggressive approach to save the stock market. Yet, economists argue that it aren't effective, or enough. The post Gung-Ho Fed Exposes ‘Gigantic Hole’ That May Rattle Stock Market appeared first on CCN.com

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Antonopoulos: Cash-Settled Bitcoin Futures Traders Face ‘Black Hole’

Antonopoulos has argued against the grain of commonplace fears about the adverse price impact that Bitcoin futures trading has on the market price

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Dow Extends Rally to Two Days as Jackson Hole Unfolds

By CCN Markets: The Dow diverged from the broader U. S. stock market on Thursday, as concerns over the economy and monetary policy kept investors on the sidelines. Dow Rallies; S&P 500, Nasdaq Fall The U.

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Dow Smashes Through 26,000 as US Treasury Bond Yields Spike

By CCN Markets: Rising bond yields propelled the Dow Jones toward a spectacular advance on Monday, as the US stock market continued to claw itself out of the cavernous hole it dug for itself earlier in the month.

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Dow Bounces But Jackson Hole & Plunging Sentiment Stalk US Stocks

By CCN Markets: The Dow Jones surged higher on Friday, bouncing over 1% in another effort by stock market bulls to buy the recent dip. Donald Trump managed to get the Dow moving again with some typical comments about progress with China, but a weak Consumer Sentiment reading suggests that cracks are starting to show […] The post Dow Bounces But Jackson Hole & Plunging Sentiment Stalk US Stocks appeared first on CCN Markets

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Digibyte (DGB) could be a big winner if investigations into Tether reveal market threatening manipulation

A few weeks ago, it emerged that the U. S was investigating Bitfinex, for supposedly using Tether to cover up an $850 million hole.  This brought back the never-ending issue of Tether and its fiat backing.

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Bitcoin 2019 Gears Up to Bring Bitcoin Back Into the Conference Spotlight

We’re a month and some change away from Bitcoin 2019: a conference made by Bitcoiners, for Bitcoiners. The conference will rekindle the same spirit of a similar Bitcoin conference that ended five years ago.

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Cardano (ADA) – Time to buy the dip as market comfortably absorbs Bitfinex news

The crypto market has dumped in the last couple of hours, with Bitcoin (BTC) dipping to as low as $5057 on some exchanges. This followed a Wall Street Journal article that Bitfinex used tether reserves to mask an $850 million hole.

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Binance Chain Could Send Ethereum Price Back to Double-Digits: Analyst

Crypto exchange Binance has launched its custom blockchain solution Binance Chain on April 18. But the move might threaten to burn a hole in Ethereum’s pocket. Telegram-based market analysis and trading log, the Gem Club, said Thursday that new cryptocurrency projects had no benefit while choosing the Ethereum blockchain over Binance Chain.

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Dow Surges after Brutal Open but Boeing Bleeds in Wake of 737 MAX Crash

Surging tech shares pulled the Dow and broader U. S. stock market out of a big hole on Monday, but a crisis-hit Boeing Co (BA) continues to struggle in the aftermath of a second deadly airline crash in five months.

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QuadrigaCX and the Million Dollar Questions: What We Do and Don’t Know

QuadrigaCX Exchange’s founder, Gerald Cotten, passed away more than two months ago, and with his death, the keys to the exchange’s cold storage allegedly went to the grave with him.

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Ripple’s XRP Market Cap May Be 47% Lower Than Advertised

Ripple, the company behind XRP, may be overstating the digital token’s real market cap by as much as 47 percent, according to cryptocurrency data company Messari.   A Hole in the Plot According to a new Messari report, the total circulating supply of XRP is 21.

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Op Ed: It’s Time to Reject Mediocrity, #ExitFiat and Embrace Bitcoin

When the towers in New York fell, I became obsessed with economics. I wanted to follow the money to understand what happened on that dreadful day. During that time of inquiry, I found myself very interested in Austrian economic theory.

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Hedge Fund Manager: The Bitcoin And Crypto Market Disruption Is Nothing To Worry About

November 14 will be remembered as the day the crypto market plunged into a hole. When the tides hit, Bitcoin and most others saw double-digit drops. Bitcoin triggered the “death cross,” dropping to a new, scary low.

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CME Group: Bitcoin Futures Trading Is Up 41 Percent in Quarter Three

Bitcoin futures trading is up. American financial market company CME Group Inc. announced on Twitter early on the morning of Wednesday, October 17, 2018, that its futures products are experiencing rising volume, explaining, “In Q3, Bitcoin futures average daily volume rose 41% and open interest was up 19% over Q2.

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Bitcoin (BTC) Bears And The Coil Spring

Bitcoin (BTC) had a steep decline yesterday. During the last hour of trading, it plunged further into the red. This marks the completion of the final wave of capitulation. Bitcoin (BTC) has now begun the day in green.

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