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Binance Delists ALPINE/EUR, GMT/BNB, LAZIO/EUR, POLS/BNB, PORTO/EUR Pairs
Binance to discontinue five spot trading pairs, including ALPINE/EUR, as part of its market quality management.
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Galaxy Asset Mgmt Secures FTX Crypto Sale Bid; Weekly Cap Set at $50M
Jeff Dorman, CFA and CIO of Arca, discusses the court-approved sale of FTX's crypto assets by Galaxy Asset Management. The sale is expected to be gradual and opportunistic, with a maximum sale of $50 million per week. Galaxy's goal is to outperform a static portfolio, not converting the estate into a L/S fund. The sales process is expected to be systematic, strategic, and potentially slower than expected.