#Liquidity101 What is liquidity for beginners? Liquidity is the ease of converting an asset or security into cash. Other liquid assets include stocks, bonds, and other exchange-traded securities. Tangible items tend to be less liquid, meaning that it can take more time, effort, and cost to sell them (e.g., a home).
Liquidity refers to the ease with which an asset can be converted into cash without significantly affecting its market price. In financial markets, liquidity is crucial because it determines how quickly and efficiently you can buy or sell an asset, like stocks, bonds, or cryptocurrencies.
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Beyond issues related to registration and jurisdictional lines, other roundtables have focused on current SEC registrants who want to continue operating under SEC oversight, but with altered regulatory requirements tailored to new types of products and technologies.
In addition to these varied and sometimes competing regulatory views, we have heard different opinions on the technologies underlying digital asset products and services. We have heard panelists highlight advantages or disadvantages of particular technologies, and give differing predictions on their capabilities to function effectively as part of a large, complex securities market.
In sum, these roundtables have given us a lot to grapple with, to say the least. While the series was billed as a “spring sprint towards crypto clarity,” I am unsure whether we’ve identified much that can be simply or quickly clarified. When it comes to crypto, it does not appear to me that the SEC is facing problems with ready or easy solutions. What we are facing is heightened expectations of rolling out major changes —quickly— to pave the way for crypto expansion into the capital markets.
With issues this complex and stakes this high, it’s better to do it right than fast. We need to grapple with the tough questions through the legally sanctioned process of formal rulemaking, as Chairman Atkins alluded to earlier, with full opportunity for notice and comment and public interest findings. I look forward to engaging with my fellow Commissioners, the staff, and the public on what I hope will be a thoughtful and mission-driven rulemaking process for this space. Thank you.
Speech Remarks at the Final Crypto Task Force Roundtable: Where We Go From Here Commissioner Caroline A. Crenshaw Washington D.C. June 9, 2025
Good afternoon. As we begin the final event of this Crypto Task Force series, I think this is a good opportunity to reflect on what has come out of these roundtables and where the Task Force, and the Commission, are going from here.
These roundtables have highlighted that “crypto” is far from a monolith. We have heard a markedly diverse set of viewpoints, from many different segments of the industry.
We have heard, for example, from many non-SEC registered entities with varying views on whether they or their products should be required to register and be subject to SEC jurisdiction. I expect that this will be a key theme of today’s DeFi panel. Back in November 2021, I wrote an article[1] detailing my views on the opportunities and challenges of DeFi, which I believe require industry and regulatory collaboration to develop compliant solutions. The issues I raised in that article related to market structure, transparency, and retail investor protection, among others, still remain questions today, so I look forward to hearing the panelists’ views on how we should approach these challenges.
Bitcoin liquidity is a measure of how quickly a trader or investor can purchase or sell the asset. While Bitcoin and other cryptocurrencies trade 24 hours a day around the globe, they are less liquid than other asset classes.
In the context of trading, "order types" refer to the different ways a trader can instruct a broker to buy or sell a specific asset. These orders dictate how a trade will be executed and can impact the price and speed of the trade. The most common order types include market orders, limit orders, stop orders, and trailing stop orders. Here's a breakdown of some key order types: Market Orders: Definition: A market order is executed at the best available price in the market at the time the order is placed. Purpose: Market orders are used when a trader wants to enter a trade quickly, regardless of the price. Example: If a trader wants to buy 100 shares of a stock, a market order will buy those shares at the current ask price (the price at which sellers are offering to sell). Limit Orders: Definition: A limit order allows a trader to specify a price at which they are willing to buy or sell. Purpose: Limit orders help traders control the price at which they enter or exit a trade. Example: A trader might place a limit order to buy a stock at $10.00 if they are willing to pay that price or less, but not more. Stop Orders: Definition: A stop order becomes a market order when the price of an asset reaches a specified level (the "stop price"). Purpose: Stop orders are used to protect against losses or to limit the downside risk of a trade. Example: If a trader is long a stock and sets a stop-loss order, the order will become a market order to sell if the stock's price falls to the specified stop price. Trailing Stop Orders: Definition: A trailing stop order adjusts the stop price as the market price moves in the trader's favor. Purpose: Trailing stop orders help to lock in profits and protect against losses as the market price fluctuates. Example: If a trader buys a stock and sets a trailing stop order, the stop price will move up as the stock price rises, helping to protect the trader if the price later falls. Other Order Types:
#CEXvsDEX101 By controlling the platform infrastructure, CEXs can match trades internally without requiring every transaction to be settled on the blockchain. A DEX relies on a blockchain network for every trade, which increases the time to settlement. Transaction speeds on DEXs may also be more variable.5 days ago
Are you buying, selling, or trading cryptocurrencies? You’re probably using a cryptocurrency exchange to complete your transactions. These exchanges are either centralized or decentralized—a core design choice that affects almost every part of your trading experience.
Decentralized exchanges—like the blockchain technology on which they’re built—rely on consensus mechanisms, with data distributed across users. But centralized exchanges are undeniably more accessible. Which should you choose? The decision is about trade-offs—and priorities.
Trading operations encompass the back-end processes and functions that support the execution, settlement, and management of financial trades, ensuring they are processed efficiently, accurately, and in compliance with regulations. It's the team that takes care of the execution of trades, from the moment a trade is initiated until it's fully settled and recorded. Here's a more detailed breakdown: Back-end Processes: This includes tasks like order management, trade confirmation, clearing, and settlement, ensuring all transactions are handled correctly. Middle-office Functions: This involves risk management, financial accounting, and regulatory compliance, which helps to ensure the operations are compliant with regulations and to control risk exposure. Key Functions: Trading operations are responsible for ensuring trades are executed accurately, efficiently, and in compliance with rules. They also play a crucial role in risk management, ensuring that trades do not expose the firm to undue risk. Efficiency and Accuracy: Trading operations strive to optimize processes and minimize errors, which helps to improve the overall efficiency of the trading process and reduce the risk of errors. Regulatory Compliance: Trading operations ensure that all trades are executed in accordance with applicable regulations, which is crucial for maintaining the integrity of the financial markets.
Ethereum is a decentralized global software platform, similar to an operating system, that uses blockchain technology. It's primarily known for its native cryptocurrency, ether (ETH), and its ability to host smart contracts and decentralized applications (DApps). Essentially, Ethereum is a platform where developers can build and deploy programs that run on a distributed, secure network. Here's a more detailed breakdown: Blockchain: Ethereum is built on blockchain technology, a distributed and immutable ledger. Decentralized Platform: It operates without a central authority, meaning no single entity controls the network or transactions. Smart Contracts: Ethereum allows developers to create self-executing agreements, or smart contracts, that automatically enforce terms and conditions. Decentralized Applications (DApps): Ethereum provides a platform for building and deploying applications that operate independently of traditional intermediaries, often referred to as DApps. Ether (ETH): ETH is the native cryptocurrency used on the Ethereum network to pay for transactions and incentivize network participants. Ethereum Virtual Machine (EVM): The EVM is a runtime environment that executes smart contracts on the Ethereum network, ensuring consistent execution across all nodes. $ETH
#TradingTypes101 trading styles vary from short-term scalping to long-term position trading. Popular styles include scalping, day trading, swing trading, and position trading. Understanding these different approaches is key to finding a style that aligns with your risk tolerance, time availability, and goals. Short-Term Trading: Scalping: This involves opening and closing trades within seconds or minutes, aiming to profit from small price fluctuations. Day Trading: Day traders open and close all trades within the same trading day, avoiding overnight risks. Medium-Term Trading: Swing Trading: Swing traders hold positions for days or even weeks, capitalizing on larger price swings. Long-Term Trading: Position Trading: Position traders hold positions for weeks, months, or even years, aiming to profit from long-term market trends.
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Binance Futures ievieš akciju USDⓈ-M Futures Grid lietotājiem, kur lietotāji var izpētīt un izmantot Futures Grid funkciju Trailing Up, kā arī iespēju dalīties ar 20 000 USDT lielu balvu fondu bonusa kuponos. Lai sāktu darbu, vienkārši izveidojiet jaunu USDⓈ-M Futures Grid Trading Bot ar iespējotu "Trailing Up" vai atkārtojiet Bots Marketplace parametrus, kuros jau ir iekļauta funkcija "Trailing Up". Nodrošiniet, lai robots akcijas periodā aktivizē vismaz vienu pasūtījumu, lai to ieskaitītu.
Reģistrējieties akcijai tūlīt
Akcijas periods: 2024-03-28 00:00:00 (UTC) līdz 2024-04-11 23:59:59 (UTC) Reklāma A: aktivizējiet funkciju Trailing Up savā USDⓈ-M nākotnes darījumu tīklā pirmo reizi, lai kopīgotu 10 000 USDT Izveidojiet USDⓈ-M Futures Grid Trading Bot, iestatiet garo vai neitrālu pasūtījumu un pirmo reizi akcijas perioda laikā iespējojiet funkciju "Trailing Up". Jūsu robotam ir jādarbojas vismaz 48 stundas un jāaktivizē vismaz viens pasūtījums, lai to saskaitītu. Atlīdzības tiks sadalītas rindas kārtībā, pamatojoties uz funkcijas Trailing Up aktivizēšanas laiku. Pirmie 2000 kvalificētie lietotāji katrs saņems 5 USDT nākotnes darījumu bonusa kuponos. B reklāma: pirmo reizi izbaudiet atpaliekošo funkciju, izmantojot robotprogrammatūru tirgu, lai dalītos ar 10 000 USD Apmeklējiet [Bots Marketplace] un kopējiet Futures Grid parametrus ar iespējotu funkciju "Trailing Up", lai aktivizētu jaunu USDⓈ-M Futures Grid Trading Bot. Jūsu robotam ir jādarbojas vismaz 48 stundas un jāaktivizē vismaz viens pasūtījums, lai to saskaitītu. Atlīdzības tiks sadalītas rindas kārtībā, pamatojoties uz Futures Grid parametru kopēšanas laiku ar iespējotu funkciju Trailing Up. Pirmie 2000 kvalificētie lietotāji katrs saņems 5 USDT nākotnes darījumu bonusa kuponos. Lūdzu, ņemiet vērā: lai lietotājs varētu pretendēt uz šīm akcijām, pirms šīm akcijām nav jāizmanto funkcija "Tiling Up". Kā piedalīties:
Paredziet BTC cenu 20. aprīlī 00:00 (UTC+0), lai laimētu līdz pat $10000 SATS žetonu!
Lai atzīmētu šo Bitcoin Halving pavērsienu, visi pārbaudītie lietotāji var veikt konkrētus uzdevumus Binance laukumā aktivitātes perioda laikā un pretendēt uz SATS marķiera kupona atlīdzību līdz USD 10 000. Darbības periods: 2024-03-04 09:00 (UTC) līdz 2024-04-14 09:00 (UTC)Visi KYC verificētie Binance lietotāji, kuri piesakās savos Binance kontos un izpilda tālāk norādītos uzdevumus darbības perioda laikā, varēs saņemt $10 000 SATS atlīdzība. Uzdevumi: Komentējiet šajā ziņā savu prognozi par BTC cenu 20. aprīlī plkst. 00:00 (UTC+0). Kopīgojiet šo ziņu savos sociālajos medijos un#HalvingHorizonsLietotājs ar vistuvāko prognozi laimēs $5000. Ja vairāk nekā vienam lietotājam ir viena un tā pati prognoze, jūs dalīsit cenu kopumu. Un, ja jūs pareizi uzminējāt cenu un aktivitātes periodā reģistrējāties Binance kontam, izmantojot šīs ziņas kopīgoto saiti vai numuru Binance Square referral link, varat atbloķēt daļu no papildu $ 2000 cenu kopasUnJa pareizi uzminējāt cenu un pabeidzāt vismaz 10 darījumus aktivitātes periodā, jūs atbloķēsit daļu no papildu $3000 cenu kopasKatrs lietotājs var iesniegt tikai 1 ierakstu. Noteikumi un nosacījumi Šī darbība var nebūt pieejama jūsu reģionā. Atbilstīgajiem lietotājiem ir jāpiesakās savos verificētajos Binance kontos, veicot uzdevumus darbības periodā, lai kvalificētos. SATS marķiera kuponu atlīdzības fonds $ 10 000 apmērā tiks sadalīts vienādi starp visiem kvalificētajiem lietotājiem. Uzvarētāji tiks informēti, izmantojot informatīvo paziņojumu sadaļā Creator. Centrs > Square Assistant. Kuponu balvas tiks sadalītas 21 darba dienas laikā pēc aktivitātes beigām. Lietotāji var pārbaudīt savus kuponu atlīdzības, izmantojot Profils > Rewards Hub. Kupona derīguma termiņš ir septiņas dienas no izplatīšanas dienas. Uzziniet, kā izpirkt kuponu. Nelikumīgi lielapjoma reģistrēti konti vai apakškonti nevar piedalīties vai saņemt atlīdzības. Binance patur tiesības atcelt lietotāja tiesības veikt šo darbību, ja konts ir iesaistīts jebkādā darbībā, kas pārkāpj Binance Square kopienas pārvaldības vadlīnijas vai Binance Square kopienas platformas noteikumus un nosacījumus.Binance patur tiesības jebkurā laikā pēc saviem ieskatiem bez iepriekšēja brīdinājuma noteikt un/vai grozīt vai mainīt šos noteikumus un nosacījumus, tostarp, bet ne tikai, šīs aktivitātes atcelšanu, pagarināšanu, izbeigšanu vai apturēšanu, atbilstības nosacījumus un kritērijus, uzvarētāju atlase un skaits, kā arī jebkuras veicamās darbības laiks, un šie grozījumi ir saistoši visiem dalībniekiem.Binance patur tiesības uz šīs aktivitātes galīgo interpretāciju.Papildu veicināšanas noteikumiem un nosacījumiem var piekļūt šeit.Var būt var būt neatbilstības šī oriģinālā raksta tulkotajā versijā angļu valodā. Lūdzu, skatiet šo sākotnējo versiju, lai iegūtu jaunāko vai precīzāko informāciju, ja var rasties neatbilstības.
Bitcoin saskaras ar pretestību gandrīz 48 500 $, jo īpašnieki vēlas gūt panākumus
Saskaņā ar CoinDesk datiem, gandrīz 270 000 BTC ir iegūti par vidējo cenu 48 491 USD, kā liecina IntoTheBlock analīze. Daži turētāji var likvidēt savu krātuvi, ja viņi nesaņem savu pozīciju. Bitcoin trīs nedēļu laikā ir piedzīvojis gandrīz 90 grādu atgūšanos no USD 38 500 līdz USD 48 000, kā arī ievērojams ieplūdums BTC biržā tirgotajos fondos (ETF) un rekordliels akciju pieaugums. Analītiķi sagaida, ka tuvāko nedēļu laikā cenas sasniegs 52 000 USD un galu galā līdz gada beigām pieaugs krietni virs USD 100 000.
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