Bull Market Confirmed? Binance CEO Shares Hidden Insight

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Binance chief Richard Teng reveals $2.2 billion net inflow, sparking bull market speculation as trading volumes and assets skyrocket

, the world's largest cryptocurrency exchange, saw a net inflow of $2.2 billion in the past 24 hours, according to CEX Transparency metrics by . This surge comes at a tough time for the economy and after the market took an epic sell-off in the last days with liquidations totaling $1.2 billion at the peak.Binance's CEO, Richard Teng, said that this is one of the highest inflows they have seen this year, which shows that investors are confident in the platform.

Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.'Rich Dad Poor Dad' Author Comments on Bitcoin Crash, Shiba Inu Could Add Another Zero to Its Price, Binance CEO Opines on How Long Bear Market Will Last: Crypto News Digest by U.Today

'Rich Dad Poor Dad' Author Comments on Bitcoin Crash, Shiba Inu Could Add Another Zero to Its Price, Binance CEO Opines on How Long Bear Market Will Last: Crypto News Digest by U.Today

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Binance CEO Breaks Silence on How Long Bear Market Will ContinueBinance CEO Richard Teng reveals next big threat to cryptocurrency market and when this will all end
Source: Utoday_en - 🏆 295. / 63 Read more »

The Anatomy of a Crypto Bull MarketKelly Ye is a portfolio manager and head of research at Decentral Park Capital.
Source: CoinDesk - 🏆 291. / 63 Read more »

Investors' hope for a smooth market rotation to new bull leaders ruined ThursdayThe tech-heavy Nasdaq Composite lost more than 3% on Thursday, and the Russell 2000 small-cap benchmark lost even more.
Source: CNBC - 🏆 12. / 72 Read more »

Why this week is 'a potentially pivotal week for the 2024 bull market'Why this week is 'a potentially pivotal week for the 2024 bull market'
Source: Investingcom - 🏆 450. / 53 Read more »