Binance CMC Index Series begins with monitoring top 10 crypto
Binance CMC Top 10 Equal-Weighted Index will be available to investors through Auto-Invest beginning in November 2022, allowing them to track the performance of the top ten cryptocurrencies. The cryptocurrency exchange Binance announced that it will introduce its Top 10 Equal-Weighted Index as the first index product in its Binance CoinMarketCap (CMC) Index Series. The […]
Bitcoin Not Expected To Experience Rebound After Short Squeeze
After the U.S. CPI, Treasury yields stayed high, which is a reality check for risky assets like cryptocurrencies. Bitcoin (BTC) made a big comeback late Thursday, even though most people thought it would keep falling after the U.S. consumer price index (CPI) came in higher than expected. As a knee-jerk reaction to the news, the […]
Stronghold Digital Bolsters Balance Sheet by Cutting Costs
After ending the hosting deal for bitcoin mining rigs, Stronghold Digital won’t have to pay Northern Data up to $25 million in profit shares. In its latest attempt to fix its troubled balance sheet, Stronghold Digital Mining (SDIG) ended a hosting deal with miner Northern Data (NB2X: GER), which cost the miner money, and paid […]
Binance Appoints Government Officials to Set Up Advisory Board
Former French Treasury chief Bruno Bézard, former political advisor to Barack Obama David Plouffe, and other advisers are added to the worldwide group through the exchange. The largest cryptocurrency exchange in the world by trading volume, Binance, has assembled a prestigious group of former government officials to serve as a global board of advisers as […]
Binance Hires Adalberto Palma Gómez As Global Adviser
Adalberto Palma Gómez, who was president of the CNBV from December 2018 to March 2020, is now an adviser to Binance. He is working with Minister Henrique Meirelles, who was president of the Brazilian Central Bank before Palma Gómez. Binance, which has the most trades of any cryptocurrency exchange in the world, hired Adalberto Palma […]