Cryptocurrency Analysis and News Portal
Traders pile into short positions in the perpetual futures market as potential liquidation of founder's crypto borrowing may destabilise the broader decentralized finance ecosystem. Original Source
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Investors looking for alternatives to Binance Coin (BNB) and XRP may explore Tradecurve’s TCRV and its exchange. The platform has innovative features that could interest investors. Let’s explore these projects further. >>Register for the Tradecurve presale<< Ripple argued differently
Read More
Of the $303 million this month, investors lost about $285 million in exploit attempts and hacks including the Multichain and Curve attacks, per CertiK’s data. Roughly $8.7 million of assets were drained abusing flash loans. This is a sophisticated exploit venue that lets traders borrow unsecured funds using smart contracts
Read More
The enduring allure of XRP, despite market volatility, may be evidence of its continued relevance, as it has continued to attract the interest of traders and investors equally. Even as the dust settles after Ripple’s recent victory jubilation, the cryptocurrency market remains keen on XRP. Kaiko, a provider of market
Read More
“Despite bitcoin's fall below $30,000, there is a conspicuous lack of $30,000 call [option] selling from bearish traders,” Lyn said. “This suggests they don't foresee the $30,000 level transforming into significant resistance, at least in the near term.” Source
Read More
Bitcoin continues to trade sideways during today’s trading session, holding the line draw for the past few weeks. Recent data shows that the cryptocurrency has been recording “crab-like” price action in the short term, but operators favor the long side of their trades. As of this writing, Bitcoin trades at
Read More
Bitcoin (BTC) stayed rangebound at the July 28 Wall Street open despite further United States inflation data beating expectations.BTC/USD 1-hour chart. Source: TradingViewFed's "preferred" inflation metric points to waning pressureData from Cointelegraph Markets Pro and TradingView showed BTC price action getting only a modest boost from the Personal Consumption Expenditures
Read More
These potential developments might appear inconsequential to the bitcoin market, but that's not necessarily true. In the past, cryptocurrency has seen negative correlations with bond yields, bond market volatility, the dollar index, and global liquidity conditions. In other words, potential changes to BOJ's YCC and the resulting volatility in traditional
Read More
Bitcoin shifted toward $30,000 on July 26 as the Federal Reserve delivered a fresh interest rate hike.BTC/USD 1-hour chart. Source: TradingViewBitcoin tames volatility ahead of Powell press conferenceData from Cointelegraph Markets Pro and TradingView showed Bitcoin's (BTC) price performance strengthening after the Federal Open Market Committee (FOMC) took rates 0.25% higher.While still
Read More
Crypto traders are buying up DOGE in hopes of the token playing a larger role on Twitter, which rebranded as “everything app” X on Monday. Source
Read More