$DOGE gained 35% after elonmusk's Twitter replaced its bird logo with a dog, and binance's market share is falling. LedesmaLyllah reports.
of trading volume has sunk to 54% from 70% two weeks ago, according to data from research platform Kaiko. That’s the lowest level since Nov. 5 and the lowest sustained market share since August, Kaiko said. In the U.S., crypto exchange Coinbase's market share fell to a weekly average of 49% from 60% during the first quarter, whilepicked up the slack. Its market share rose to 24% from 8% during the quarter, Kaiko said.
Voyager Digital and its creditors stand to lose $100 million if legal objections brought by the U.S. government aren't resolved by April 13, according to legal documents filed late Monday night. The bankrupt crypto lender is taking urgent legal action to let a $1 billion purchase bygo ahead, fearful that quibbles over the contractual drafting could see the exchange pull out. “Consummation of the plan by April 13 is necessary to preserve massive creditor value,” a filing by Voyager’s creditors stated. “The evidence is uncontroverted that, if the deal is not completed, Voyager’s creditors will lose roughly $100 million in value.
Bollinger bands are volatility indicators placed two standard deviations above and below the price’s 20-day moving average. A squeeze occurs when price volatility drops and Bollinger bands tighten. A subsequent breakout represents a volatility explosion, paving the way for an extended rally, as seen in late October.