Bitcoin Surges 18% as $300M in Derivatives Positions Liquidated
The largest cryptocurrency by market cap was recently trading near $24,200. Source
Read MoreThe largest cryptocurrency by market cap was recently trading near $24,200. Source
Read MoreTraders using decentralized finance (DeFi) protocols to bet on a USDC revival over the weekend are at risk of eight-figure liquidations if the stablecoin loses its $1 peg again this week. Source
Read MoreBinance's futures trading products were offered to only licensed participants in the region. Original Source
Read MoreBinance Australia Derivatives users reported abrupt notifications sent by the digital asset platform on Feb. 23, saying it is starting to close certain derivatives positions and accounts. According to screenshots posted by various users on Twitter, users who did not meet the requirements to be a “wholesale investor” were told all of
Read MoreEther (ETH) has been stuck between $1,170 to $1,350 from Nov. 10 to Nov. 15, which represents a relatively tight 15% range. During this time, investors are continuing to digest the negative impact of the Nov. 11 Chapter 11 bankruptcy filing of FTX exchange. Meanwhile, Ether’s total market volume was 57%
Read MoreOn-chain data shows Bitcoin funding rates have turned positive, suggesting there have been some fresh long openings on derivative exchanges. Bitcoin Funding Rate
Read MoreThe significance of these factors specific to bitcoin, ether, and all digital assets is relatively straightforward. As central banks worldwide continue to raise interest rates, expectations are that economic growth will slow, ultimately putting downward pressure on risk assets. Source
Read MoreEther (ETH) price has been unable to close above $1,400 for the past 29 days and it has been trading in a relatively tight $150 range. At the moment, the $1,250 support and the $1,400 resistance seem difficult to break, but two months ago, Ether was trading at $2,000. The
Read MoreEthereum is following the general sentiment in the market as Bitcoin and other cryptocurrencies make a run towards previous highs. The second
Read MoreOn-chain data shows Bitcoin supply older than two years has moved into derivative exchanges recently, suggesting whales may be positioning themselves on
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