Crypto exchanges are losing retail traders but are filling the gap with Wall Street-style bets
Crypto exchanges are seeing the weakest retail-driven activity in years, but some of the biggest platforms are finding a lucrative new source of volume in Wall Street-style bets on gold, silver, oil, stocks, and indexes. According to a CryptoQuant report shared with CryptoSlate, the shift is emerging during one of the weakest trading periods for […] The post...
Coins in this story
Explore how Regulation is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.
Explore narrativeRelated stories
A little-known 1,250% rule could lock US banks out of Bitcoin
A group of Republican senators is warning US bank regulators that a little-known capital rule could effectively keep banks out of Bitcoin, even as Congress moves to give traditional financial firms a larger role in digital asset markets. In a May 27 letter to Federal Reserve Vice Chair for Supervision Michelle Bowman, FDIC Chair Travis […] The post A little-...
Bitcoin traders blamed Saylor’s 32 BTC sale but larger selling pressure built elsewhere
Bitcoin traders have identified Michael Saylor as a new suspect in the latest sell-off, while the numbers tell a different story. Strategy disclosed in a June 1 Form 8-K that it sold just 32 BTC between May 26 and May 31 for $2.5 million, at an average net price of $77,135, with proceeds earmarked to […] The post Bitcoin traders blamed Saylor’s 32 BTC sale b...
Bitcoin price craters to $60,000 as BTC bulls get jobs report they were hoping to avoid
The May payrolls beat was hawkish enough to pressure crypto, while government hiring and cooler yearly wage growth keep the second interpretation from being one-way. The post Bitcoin price craters to $60,000 as BTC bulls get jobs report they were hoping to avoid appeared first on CryptoSlate....