Vivien’s Weekly Insights 11

BingX
4 min readMay 28, 2024

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My Background and How I Stay Focused On Innovation

I earned a degree in Finance during my college years, followed by an academic sabbatical where I delved into Psychology and Computer Science. This interdisciplinary study has given me a unique blend of financial expertise, insights into human behavior, and technological innovation.

I spent nine years in investment banking, working at renowned institutions such as Morgan Stanley, BNP Paribas, and Deutsche Bank. During this time, I traded structured products and developed investment solutions for institutions seeking international market funding. Before joining the team at BingX, I led the financial product division at another top crypto platform.

Transitioning from the established world of investment banking to the dynamic field of cryptocurrency has been a journey filled with unique opportunities. In this space, traditional finance intersects with cutting-edge fintech, creating an environment ripe for innovation and significant impact. The role in cryptocurrency goes beyond conventional finance, allowing direct influence and shaping of a still-evolving industry. This sector thrives on entrepreneurial spirit, contrasting sharply with the more measured pace of banking, and fosters an environment where creativity and strategic thinking are essential. Culturally, it’s a shift from the regimented to the revolutionary, embracing rapid evolution and openness to new ideas. Moreover, the financial landscape of crypto, rich with growth and potential, offers lucrative opportunities often unmatched in the mature banking sector. For those drawn to challenges and eager to play a pivotal role in an emerging financial frontier, the transition to cryptocurrency provides compelling professional enrichment.

Ledership Tips With A Focus On Innovation

We understand the importance of user-friendly interfaces in the fiercely competitive crypto exchange landscape. We’re dedicated to developing intuitive trading tools that simplify the user experience and minimize the need for complex instructions. This initiative is a crucial part of our strategy to address our users’ evolving needs.

Innovation is at the heart of our focus, both in our business model and the products we offer. We know that staying ahead in this dynamic field requires not only creativity but also a forward-thinking approach. As we anticipate a new bull market, we’re strategically partnering with key sectors to connect groundbreaking initiatives with their target audiences. By fostering these partnerships, we ensure that innovative projects receive the recognition and engagement they deserve. Furthermore, we’re vigilant in monitoring emerging technologies to enhance security, efficiency, and overall user experience. Integrating these advancements into our platform is essential for providing a streamlined trading experience that meets the evolving demands of the digital asset marketplace.

Ethereum ETF Kicks Off Positive Signs In The Market

This week’s primary narrative, aside from the markets looking like they are recovering, is the approval for Ethereum spot ETFs from VanEck, BlackRock, Fidelity, Grayscale, Franklin Templeton, ARK 21Shares, Invesco Galaxy, and Bitwise. As the SEC has reportedly softened its hardline stance, Bloomberg analysts Eric Balchunas and James Seyffart raised the approval odds of 19b-4 filings from 25% to 75% earlier in the week. CoinDesk also reported that exchanges were being asked to update their 19b-4 filings on an “accelerated basis.” The momentum from these requests can be seen across the industry; this week, exchanges saw consecutive inflows of ETH as opposed to last month’s trend of decreasing balances. Furthermore, Ethereum has maintained strength and experienced a breakout above key resistance levels following the approvals.

Bitcoin has also felt the positive sentiment of retail and institutional investors, breaking above $70,000 earlier this week. The support level is at $69,500, and the resistance level is at $73,500. Following the approval of the spot Ethereum ETF, many questions arose regarding how it may react once it begins trading. It shouldn’t face the same scenario Bitcoin did with considerable outflows from existing competitors. In fact, volatility would most likely be considerably less due to the nature of the asset and the lack of products to compete with.

Finally, it is important to keep an eye on the altcoin market, as that can help us understand the full scope of price action. Right off this fresh blue chip rally, altcoins are feeling the bullish movement as well. Coins like PEPE, FLOKI, and BONK experienced double-digit gains across 24-hour periods last week. While these are far more risky to invest in and not for every trader, they show that ecosystems are healthy and communities are still optimistic.

Product Highlights

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About Me

I’m very excited to share my interview with Cointelegraph. From social trading to comprehensive educational resources, BingX aims to make crypto trading accessible and secure for everyone. Read more about that here.

Check out the exclusive Coingape interview and gain insights into the strategic partnerships driving BingX’s growth and impact in the crypto space.

Check out my commentary on the impacts of the Bitcoin halving with Coinpost here.

Interview with Yurufuwa at TOKEN2049.

I had a fantastic chat with WU Blockchain about BRC20, BingX’s strategy in 2024, and my professional background. Check out the article linked here!

Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article. Not financial advice.

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BingX
BingX

Written by BingX

Founded in 2018, BingX is a leading cryptocurrency exchange, serving over 5 million users.