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Binance Users Register Record Gold Futures Trading Activity – What This Means
newsbtc7d ago

Binance Users Register Record Gold Futures Trading Activity – What This Means

The Binance exchange has registered a surge in derivatives activity triggered by an ongoing pullback in gold’s price. The highly priced commodity and world’s largest asset has experienced a steady price decline since around February amid exacerbating geopolitical tensions and concerns about global inflation levels. Related Reading: Not Binance: Bitcoin Analyst Who Bought At $1 Revealed What Really Caused The October 10 Crash Binance Users Show Heavy Interest In Gold Market In an X post by renowned analyst Darkfost, gold has declined by more than 17% from its all-time high above $5,300, marking a significant correction following an initial prolonged rally that began in 2024, resulting in a net gain of 160%. Considering the unstable macro environment in 2025, marked by impromptu tariffs and potential trade wars, gold emerged as the choice haven for many investors, while heavy inflows encouraged traders to build multiple leveraged positions. As prices began to reverse, these leveraged positions became vulnerable, i.e., margin calls were triggered, forcing automatic liquidations. Voluntary liquidations were recorded in some cases where traders preferred to take profits or move to protect other positions. During the most recent gold price decline, gold futures trading activity on Binance reached record levels since its launch in January. Notably, as gold approached $4,400 on March 23, daily futures trading volume on Binance exceeded $6.6 billion. Meanwhile, the cumulative volume over seven days surpassed $17 billion, representing the magnanimous interest in gold by Binance users. Notably, total trading activity since the launch of gold futures on the exchange has also now crossed $72 billion. This development represents a heavy appetite for gold access by many Binance users, who are now operating through recently launched tokenized exposure. These traders appear to be actively seeking alternative hedges and diversification strategies. The intersection of cautious sentiment, capital rotation, and increased derivatives activity highlights a newfound perpetual market set with high potential and unknown implications on the exchange’s digital asset markets. Related Reading: XRP Positioned At The Center Of Wall Street’s Tokenization Boom — Is A Rally Emerging? Crypto Market Overview According to CoinMarketCap, the total crypto market cap crashed to $2.28 trillion, reflecting a 3.81% loss. Amid this downward move, underlying sentiment also remains fragile, with the Fear & Greed Index at 22, firmly in “fear” territory. This cautious mood is further supported by a net outflow of $360.60 million, signaling that some investors are still reducing exposure or reallocating capital. Market dominance also shows capital concentration in major assets, with Bitcoin at 57.9% and Ethereum at 10.5%. The premier cryptocurrency is valued at $65,908, showing a 6.63% loss over the last seven days. Featured image from Unsplash, chart from Tradingview

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California governor’s race: See the candidates’ incomes and tax payments
paloaltoonline7d ago

California governor’s race: See the candidates’ incomes and tax payments

This story was originally published by CalMatters. Sign up for their newsletters. We already knew that Democrat Tom Steyer, a billionaire running for California governor, is rich. But how rich? In 2024, Steyer and his wife, Kat Taylor, reported a total income of $39 million, thanks to the duo’s massive investments in the global stock [...] The post California governor’s race: See the candidates’ incomes and tax payments appeared first on Palo Alto Online .

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3 Second Quarter Market Predictions
seekingalpha7d ago

3 Second Quarter Market Predictions

As the first quarter rapidly comes to a close, this article offers up three market predictions for the upcoming second quarter of 2026. Read the full analysis here.

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Wealthcare Capital Partners LLC Purchases New Holdings in iShares Silver Trust $SLV
thelincolnianonline7d ago

Wealthcare Capital Partners LLC Purchases New Holdings in iShares Silver Trust $SLV

Wealthcare Capital Partners LLC acquired a new position in iShares Silver Trust (NYSEARCA:SLV – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 9,118 shares of the exchange traded fund’s stock, valued at approximately $587,000. A number of [...]

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Wealthcare Advisory Partners LLC Has $18.25 Million Stock Position in Capital Group International Focus Equity ETF $CGXU
thelincolnianonline7d ago

Wealthcare Advisory Partners LLC Has $18.25 Million Stock Position in Capital Group International Focus Equity ETF $CGXU

Wealthcare Advisory Partners LLC raised its stake in Capital Group International Focus Equity ETF (NYSEARCA:CGXU – Free Report) by 24.4% during the 4th quarter, Holdings Channel reports. The fund owned 617,695 shares of the company’s stock after acquiring an additional 120,978 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Capital Group International Focus [...]

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Wealthcare Advisory Partners LLC Buys 36,624 Shares of iShares Core MSCI EAFE ETF $IEFA
thelincolnianonline7d ago

Wealthcare Advisory Partners LLC Buys 36,624 Shares of iShares Core MSCI EAFE ETF $IEFA

Wealthcare Advisory Partners LLC lifted its stake in iShares Core MSCI EAFE ETF (BATS:IEFA – Free Report) by 43.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 121,268 shares of the company’s stock after buying an additional 36,624 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in iShares Core MSCI EAFE ETF [...]

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