🇺🇸 According to :bloom::berg: Bloomberg, Citadel Securities (worth U.S. ~65 billion) is looking to become a liquidity provider for #Bitcoin & cryptocurrency. The primary effect of this would be stabilizing volatility.
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What do they mean with „liquidity Provider“?
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Huge entity who sits next to the asset and buys and sells various amounts to stabilize it while the stabilization attracts more investors.
So they are trading kind of? Buying when everybody is selling and visa versa?
Yes, more or less.
Basically
