Cryptocurrency Analysis and News Portal
During the last few months, Cryptox.trade’s cryptocurrency exchange has added a number of new coins and features. Today, Cryptox.trade Exchange has added an Ethereum-based inverse token called “BTCSHORT,” a token that gives users exposure to the inverse or -1x the daily performance of Bitcoin on any given day.Cryptox.trade Exchanges
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A new token lets traders make gains whenever bitcoin’s price falls.Swiss fintech firm Amun launched its BTCSHORT (BTCS) daily inverse token Wednesday, which returns a gain based on bitcoin’s (BTC) inverse price movements in a given 24-hour period. The product complements a recent bitcoin inverse exchange traded product (ETP) released
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Recent research shows that there is an inverse relationship between the percentage of the Tether (USDT) stablecoin on exchanges and Bitcoin’s (BTC) price.Cryptocurrency market insights firm Santiment published analysis showing that the percentage of USDT held on exchanges is inversely related to Bitcoin’s price. In a May 4 tweet, the
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Digital currency markets have had a few lackluster days, as the entire crypto market valuation has dropped below the $200 billion mark on Monday. The following day on April 14, a number of cryptocurrencies have seen some slight gains between 2-9%. Meanwhile, global markets are reacting positively as many are
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This article is targeted to the intermediate and sophisticated traders who are already familiar with the basics of index arbitrage. There are other resources available on OKEx Academy if you need more explanations on the concepts of basis, margining and fair value calculation. Today, we’re going to discuss a trade
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Bitcoin traded to a new 2020 high at $9,575 and recently corrected lower against the US Dollar. It seems like an inverse head and shoulder pattern is forming, which could drag BTC towards $8,800.After a steady rise, bitcoin price struggled to gain momentum above $9,500 against the US Dollar.The price
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Bitcoin price touches intraday high of $7,668 Wednesday.Earlier in the day, BTC/USD bottomed at $6,847.72, a six-month low.Cryptocurrency markets recover north of $200 billion.Bitcoin’s price reclaimed the $7,500 handle on Wednesday after plunging to its lowest level in over six months.BTC/USD Stages Relief RallyWednesday’s roller coaster session saw bitcoin’s price
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