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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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The price of Shiba Inu (SHIB) increased over 10% in a day amid broader upside moves across meme cryptocurrencies in the past 24 hours. But will SHIB price rally furtherSHIB price tails Dogecoin's gainsOn April 4, SHIB's price reached $0.00001159 a day after rebounding from its local low of $0.00001049
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“It's not just other funds and investors who can benefit from protection against nonlinear drops in cryptocurrency markets. I think this new fund will be valuable to the entire crypto ecosystem; exchanges, payment processors, project endowments, and really anyone with significant exposure to crypto,” Kvamme said. Original Source
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The coronavirus outbreak in China may impose a longer-term impact on the bitcoin network’s mining activity at a time when an estimated 65 percent of its computing power is located there.While Chinese miner manufacturers see rising demand for new equipment ahead of bitcoin’s scheduled halving in May, they estimate the
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