Market News / Story
Bitbase Executive Says Crypto Platforms Have Become Traditional Assets' Weekend Market
Binance News ·
Binance News reports: Bitbase Chief Commercial Officer Nicholas Lo said at HSC Asset Management Singapore's "Digital Economy Infrastructure" roundtable that crypto platforms have become the "weekend market" for traditional assets, where news is often priced in before markets reopen. According to Foresight News, he said most of this trading takes place through leveraged perpetual contracts, and traders do not hold the underlying assets. Lo added that the challenge lies in weekend pricing and…