#TradingMistakes101 📰 The most relevant news today
1. Binance and its user profile in Spain
A recent study by Binance reveals that in Spain, where the use of cryptocurrencies increased from 4% to 9% between 2022 and 2024, the “typical user” of Binance is a 26–45 year old man, self-employed, with a long-term investment mindset. Two notable facts stand out:
Spain leads Europe in the percentage of female cryptocurrency investors (18%).
74% of Spanish investors consider cryptocurrencies as a store of value, not for trading.
2. Binance CEO on the impact of the U.S. and regulation
Richard Teng, CEO of Binance, states that:
The legitimization of Bitcoin through U.S. ETFs and the arrival of Trump spurred a significant rebound for the sector.
The environment in the U.S. is now clearer and more favorable, which could encourage governments and sovereign funds to consider allocations in digital assets.