Drop in Binance’s Crypto Dominance Boosts Rival Exchanges Huobi and OKX

(Bloomberg) -- Crypto exchanges Huobi and OKX benefited after rival Binance curbed a zero-fee promotion and shed market share in the spot trading of digital assets, according to data from research company Kaiko.Most Read from BloombergNBCUniversal’s Yaccarino in Talks to Run Twitter, WSJ SaysKen Griffin’s Hand-Picked Math Prodigy Runs Market-Making EmpireFlorida’s Money Man Threatens to Cut Ties With Bank of America, Wells FargoJamie Dimon Says US Needs to 'Finish' the Bank CrisisTurkey Markets

• 2023-05-12
• Bloomberg Changpeng Zhao digital assets market share Kaiko Binance research company

Binance Moved $4.4 Billion of Bitcoin Across its Wallets, Data Indicate

(Bloomberg) -- Binance, the largest cryptocurrency exchange, moved about $4.4 billion worth of Bitcoin across its digital-asset wallets on Sunday based on an analysis from research company CryptoQuant.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateFootball Stadiums Belong in the SuburbsBiden Trails Trump as His Approval Rating Hits Low in ABC PollBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresPreferreds Get Burned in Historic Rout Spreadin

• 2023-05-08
• Bloomberg Bitcoin miners digital currency Bitcoin research company digital asset Binance

Bitcoin Breaks Away From Stocks in 50% Surge Defying Macro Peril

(Bloomberg) -- Concerns about further interest-rate hikes, a fizzling stock rally and a US crypto crackdown all suggest Bitcoin and other tokens should be beating a hasty retreat. Instead, they’re extending their 2023 rebound.Most Read from BloombergYou Want at Least $3 Million in Savings to Retire ComfortablyThe Biden White House Operated Under Cloak-and-Dagger Secrecy to Plan His Ukraine TripUS-China Meeting Only Worsens Tensions Over Balloon, RussiaStocks Muted, US Futures Fall as China Bets

• 2023-02-21
• Bloomberg positive correlation digital tokens Bitcoin hasty retreat research company