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- The very first quarter exposes that Binance has bot more profitable than the largest German lender Deutsche Canap
- NASDAQ CEO does not exclude the exchange could become a cryptocurrency toneelpodium te a regulated market
- Bitcoin bounces back from a pivotal support area, Dash moves from its locorregional lows spil well
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All around the world companies are reporting their financial results for the very first quarter, the German largest lender Deutsche Handelsbank has already done so displaying a gepast $146 million profit. This fallout might look impressively, but it’s still brief of the outcome introduced by Binanace, the international multi-language cryptocurrency exchange founded ter . The cryptocurrency company recorded spil much spil a $200 million netwerken profit during the same period of time vastly surpassing the ge numbers exposed by Deutsche Bankgebouw. This could be yet more astonishing when wij take into account that the cryptocurrency start-up did not even exist eight months ago while the German handelsbank wasgoed established 148 years ago. Employment differs remarkably spil well, the crypto-related stiff hires only 200 employees being incomparable to 100k employees being hired te one of the thickest European bankgebouw. Binance has its third quarter of activity ter progress, and according to the company’s CEO Changpeng Zhao this quarter should record further earnings growth. He also added that “any country that can attract Binance to open a branch te their location will receive a remarkable tax income revenue”.
Dash bounced off its support placed at $440+ being underpinned by a 38.2% retracement. While the imaginario currency could proceed rising overheen the next days, a short-lived pullback might be ter place spil well after the price drew a bearish devouring ter a H4 interval. Source: xStation5
According to the NASDAQ’s CEO Adena Friedman along with the maturing space the exchange is open to becoming a podium for trading digital currencies. Of course, this decision will not be made all of a sudden, but certainly NASDAQ could consider becoming a crypto exchange overheen time. Friedman added “I believe that digital currencies will proceed to persist it’s just a matter of how long it will take for that space to mature”. Albeit thesis are long-term prospects the company does not sit around, and it announced a collaboration with cryptocurrency exchange Gemini on Wednesday. The overeenkomst gives Gemini access to NASDAQ’s surveillance technology te order to help make sure the verhoging provides “a fair and rules-based marketplace” for its own participants, Gemini CEO said. Ultimately, it’s worth noting that while Friedman sounded upbeat with regard to cryptocurrencies ter universal, she voiced much less optimistic stance when it comes to the fundraising process aka an initial coin suggesting (ICO).
Bitcoin managed to keep trading above $8500, and therefore one may uitvoer the digital currency could carry on moving up toward its tópico peak at $9736. Source: xStation5
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