Cryptocurrency Analysis and News Portal
Traders in the perpetual futures market tied to the BNB token are leaning bearish as the embattled cryptocurrency faces a challenging environment on multiple fronts. Data tracked by Coinglass show open interest and volume-weighted funding rates in perpetual futures have slipped to -0.18%, the lowest since late April. Those numbers
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Recent data shows that Silvergate Bank, a crypto-friendly financial institution, has become the most shorted stock in the United States, according to the Financial Industry Regulatory Authority. On Tuesday, Silvergate’s stock saw a rise after it was discovered that Citadel Securities holds a 5.5% stake in the bank, according to
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Ethereum successfully completed its long-awaited transition to proof-of-stake via "the Merge" on Sept. 15, while traders have been increasingly shorting Ether (ETH) in anticipation of a sell-the-news event. Ethereum funding rate plummeEther's futures funding rates across leading derivatives platforms dropped below zero—to their worst levels to date—before the Merge. The rate
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Stocks are coming up on their most tumultuous time of the year. The election will likely add additional volatility. Three upcoming periods bode well for shorting the market. The stock market continues upward yet again. Retail traders, fueled by companies announcing share splits, are taking the market to record territory. Yet for those
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