Friday, December 1, 2023
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Bitcoin and Ethereum slide as crypto turns red, BTCETF presale nears $1m

Crypto prices have slumped over the past 24 hours, with Bitcoin (BTC) down 3.15% and Ethereum (ETH) slipping 3.89%.  One analyst speculates that this could be due to the market being overexposed to leveraged long positions. Accordingly, it has created a cascading effect, causing the liquidation of several assets. However, several projects,

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The Graph (GRT), Fetch.AI (FET), SingularityNET (AGIX) and Ocean Protocol (OCEAN) Slide After Biden Executive Order

"Artificial intelligence holds extraordinary potential for both promise and peril," read the order. "Responsible AI use has the potential to help solve urgent challenges while making our world more prosperous, productive, innovative, and secure ... Irresponsible use could exacerbate societal harms such as fraud, discrimination, bias, and disinformation; displace and

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XRP whale moves 29 million tokens to Bitstamp amid price slide

As XRP (XRP) struggles to maintain upward momentum following Judge Analisa Torres’ summary judgement in the United States Securities Exchange Commission v. Ripple Labs case that XRP isn’t a security, investors appear to be selling off their holdings. Adding to this, a significant whale has moved 29 million XRP, valued at

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Crypto Analysts Can’t Agree on Why the Ether (ETH) Price Outperformed Bitcoin’s (BTC) During Last Week’s Market Slide

"For BTC, I think market makers' hedging contributed to the price drop, but for ETH, it was a key factor that prevented the price from falling sharply," Ardern said. "ETH had solid positive gamma near the strike price of around $1,600, and its total gamma is still positive, which means

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Funding Rates of Bitcoin Perpetual Futures Plummet Amid BTC Price Slide

"For BTC, option sellers were short too many put options, for more investors were previously bullish, selling put options to finance buying call options to reduce costs. So the sudden and unexpected price drop lead to hedging behavior, catalyzing deeper decline," Griffin Ardern, volatility trader from crypto asset management firm

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