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Bitcoin (BTC) stayed on course for its highest weekly close in ten months on April 2 as $28,000 held.BTC/USD 1-week candle chart (Bitstamp). Source: TradingViewBTC price analyst: "Massive" liquidations due at $30,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD stable over the weekend after closing out March at near
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Synthetix generated more than $730K in fees on March 30 ahead of the start of its allocation of 200,000 OP tokens to traders. Original Source
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"The main worry is what this will do short-term to market liquidity - if market makers step back from trading on Binance now, and if Binance's U.S.-based trading desks have to stop operations, that will reduce liquidity in an already thin market," Noelle Acheson, the author of the popular Crypto
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Traders on Binance now set the daily price for BTC with the crypto exchange’s share of trading volume reaching 80%, the report said. Source
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A market analyst, Conor Ryder, CFA, recently explored the liquidity state of the crypto markets. Parameters like market depth, spreads, slippage, and volumes helped expose the liquidity problem. Post-FTX-implosion liquidity gap not resolved Under market depth, the analyst realized that BTC pairs are currently at the lowest level of liquidity associated with
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Uniswap data shows over $180 million in volume was traded on the ARB/ETH liquidity pool, netting $542,000 in fees for liquidity providers (LPs). LPs are entities that provide two different tokens to any decentralized exchange’s smart contracts - netting a cut of fees charged by that exchange on each trade. Source
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First Mover Asia: Traders Focused on Liquidity & FOMC as Asia Opens Its Business Day Source
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Bitcoin and the Liquidity Question: More Complex Than It Seems Source
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The Fed said it would increase the frequency of the dollar swap lines with the European Central Bank, the Bank of Japan, the Bank of England, the Bank of Canada and the Swiss National Bank from weekly to daily, starting Monday. The dollar swap lines allow foreign central banks to
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ALSO: CoinDesk's Shaurya Malwa writes that higher-than-usual market volatility affected bulls and bears alike as crypto futures racked up $300 million in liquidations over a 24-hour period earlier this week. Original Source
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