$BTC The largest market maker for ETFs, Jane Street, is being sued by the United States, China, and India.
This Jane Street is a quantitative firm that manipulates BTC by following the traditional approach of commodity ETFs, which has led BTC into endless volatile fluctuations. Quantitative firms profit from short-term swings, so during this bull market, BTC has been oscillating with little trend. Stock traders fear quant firms, and crypto traders are the same—both are vulnerable to sudden shocks. However, for ordinary retail investors, only a clear trend can truly generate profits. This Jane Street is a cancer in the crypto world. Now that it’s been sued by three superpowers, it should be on its way out. One less cancer in the crypto space.
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$BTC The largest market maker for ETFs, Jane Street, is being sued by the United States, China, and India.
This Jane Street is a quantitative firm that manipulates BTC by following the traditional approach of commodity ETFs, which has led BTC into endless volatile fluctuations. Quantitative firms profit from short-term swings, so during this bull market, BTC has been oscillating with little trend. Stock traders fear quant firms, and crypto traders are the same—both are vulnerable to sudden shocks.
However, for ordinary retail investors, only a clear trend can truly generate profits. This Jane Street is a cancer in the crypto world. Now that it’s been sued by three superpowers, it should be on its way out. One less cancer in the crypto space.