If investors — en masse — see stocks as less volatile than other investments, it makes sense that stocks can go higher. Stocks may be risky, but they are not nearly as risky as cryptos. Article content More On This Topic Adviser fees and performance are important, but investors should dive a little deeper David Rosenberg: These green economy commodities are beating the best runs of the China supercycle David Rosenberg: 10 reasons why this is no market for old fundamentalists
The greasy spoon is a special place in Denver. (Think of the legendary Denver omelet, after all.) But sadly, it's a fading tradition.State of the plate: Since the beginning of the pandemic, we've lost Tom's Diner, Racines, the Denver Diner and now possibly Annie's Cafe. All to development.Stay on top of the latest market trends and economic insights with Axios Markets. Subscribe for freeWhy it matters: The diner is more than a place to eat, it's a humble meeting spot that draws movers and shaker .
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The former head of the Office of the Comptroller of Currency (OCC), Brian Brooks, resigned as CEO of Binance.US last week, The Wall Street Journal reported Friday, citing a post from him on the social media platform Twitter. Brooks had only recently joined the company in the role on May 1.
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Cardano is now once again the third-biggest cryptocurrency with a market cap exceeding US$80 billion, sitting just below Bitcoin and Ethereum. While Solana’s latest surge can be attributed to its entry into the NFT space and new cross-chain bridge Wormhole — ADA’s price has increased by more than 30% during the last week on speculation alone.
On the other hand, Binance.US only has U.S. customers. The size of its liquidity pool is limited to the number of U.S.-based traders. However, operating in one of the largest crypto markets in the world, Binance.US still has a large enough liquidity pool to satisfy the needs of any small-scale trader. In April 2021, the trading volume on Binance.US was more than $28 billion. Binance.US has a much smaller liquidity pool than Binance, but it is enough for all but the very largest traders.
"Tokens like Shiba Inu, Dogecoin and newest gainer Saitama are all a part of the evolution of digital finance in their own unique way," Chris Kline, chief operating officer and co-founder of Bitcoin IRA, recently told The Sun.
In the United States, Binance is also being probed by the Department of Justice, the Commodity Futures Trading Commission and tax authorities, Bloomberg News has reported.
The world’s largest crypto exchange is going legit. Binance, which processes more than $1 billion on a daily basis and for so long has embodied crypto’s Wild West culture, announced that it will launch a U.S.-based service — but, in the meantime, it is implementing restrictions for U.S. passport holders worldwide and those based in the country.
Despite this incident, crypto industry experts keep speculating about where Bitcoin's price is headed next with some suggesting it will soon hit $80,000. This past Friday, Bloomberg reported Bitcoin was headed for $80,000 to $85,000, while a crypto data expert said resistance at $60,000 would have provided the last buying opportunity before the coin would head for new all-time highs.
On the other hand, if the price turns down from the overhead resistance, it will suggest that traders are defending the level aggressively. The bears will then make one more attempt to pull the price down to the 20-day exponential moving average (EMA) ($566).
— David Mann has been appointed vice president of regulatory and government affairs at Oberon Fuels. He most recently was a senior director in the plastics division of the American Chemistry Council.
The greasy spoon is a special place in Denver. (Think of the legendary Denver omelet, after all.) But sadly, it's a fading tradition.State of the plate: Since the beginning of the pandemic, we've lost Tom's Diner, Racines, the Denver Diner and now possibly Annie's Cafe. All to development.Stay on top of the latest market trends and economic insights with Axios Markets. Subscribe for freeWhy it matters: The diner is more than a place to eat, it's a humble meeting spot that draws movers and shaker
Earlier today, Bitcoin (CRYPTO: BTC) flash crashed to $8,000 on Binance U.S., the American trading platform of the world's top crypto exchange Binance.