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"Looking at the BTC butterfly index, we can see that wings are near the upper 90% percentile (red horizontal line). So, [while] outright volatility [metrics] seems confident in spot price consolidation, traders are still paying up for tails," Greg Magadini, director of derivatives at Amberdata, said in the weekly newsletter. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In an email conversation with crypto.news, a Binance spokesperson discussed the exchange’s risk management approach and confirmed initiating contact with low-market cap altcoin projects. The initiative is part of Binance’s overall strategy to bolster trading activities on
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However, the development unveils risks about the protocol’s strategy to double down on real-world asset (RWA) investments, including lending to non-crypto businesses. Last month, MakerDAO halted lending to Harbor Trade, another Centrifuge tokenized credit pool manager, after $2.1 million of loans soured without payment on time. Source
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"Over the past week, our team reached out to a small number of projects that issue digital assets listed on our platform as part of our ongoing risk management initiative," a spokesperson told CryptoX by email. "These projects have relatively lower market liquidity trading pairs and/or a smaller market capitalization,
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Top DeFi lenders allowed a crypto CEO to take a risky bet, raising key questions about how they manage risk. Source
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Bitcoin (BTC) targeted two-month lows on Aug. 17 as United States inflation returned to spook cryptocurrencymarkets.BTC/USD 1-hour chart. Source: TradingViewBTC price teases exit from months-long corridorData from Cointelegraph Markets Pro and TradingView confirmed the lowest BTC price levels since June 21 as BTC/USD wicked to $28,300.The downside came after the
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Crypto-assets and their related activities present key risks to the United States banking system and warrant closer supervision, warns a leading U.S. financial regulator. For the first time, cryptocurrency was given a dedicated section in the Federal Deposit Insurance Corporation’s (FDIC) annual risk review, calling digital asset risks “novel and
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The rise of artificial intelligence (AI) has been subject to growing concerns over identity verification tools at cryptocurrency exchanges.With rapidly evolving AI technology, the process of creating deepfake proofs of identity is becoming easier than ever. The concerns about AI-enabled risks in crypto have triggered some prominent industry executives to
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Decentralized finance (DeFi) app Steadefi was exploited for at least $334,000 on Aug. 7 in an ongoing attack. The app's development team has said in a social media post that the attack currently "puts all funds at risk." The app's total value locked (TVL) has plummeted as a result of the
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Bitcoin price is struggling to climb above $29,500. BTC remains at risk of more downsides if there is a close below the
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