Cryptocurrency Analysis and News Portal
Per Glassnode, bitcoin's funding rates recently dipped to negative territory. This, coupled with high open interest, suggests leverage is skewed to the bearish side. So, if bitcoin continues to move sideways, the funding payment would become a burden for shorts, and they may decide to unwind their position, leading to
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“Huobi Global will gradually retire existing Mainland China user accounts by 24:00 (UTC+8) on Dec 31, 2021, and ensure the safety of users’ assets,” the exchange’s official statement published early today said. “We will inform users of the specific arrangements and details through official announcements, e-mails, text messages, etc.” Source
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Stocks of major vaccine makers rose on Monday amid renewed outbreak of COVID-19. Moderna CEO adds that vaccine makers have a huge opportunity for growth.Moderna Inc (NASDAQ: MRNA), BioNTech SE (NASDAQ: BNTX), and Novavax Inc (NASDAQ: NVAX) all saw their stock prices rise remarkably in the face of renewed mounting
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XRP’s price is showing no signs of ending its tumultuous descent that was sparked by the SEC’s lawsuit
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Holders of Pickle Finance’s native coin PICKLE are currently suffering from a 50% drawdown after the protocol was
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Libra was the final wake-up call for central banks that prompted serious consideration of digital currency issuances, according to Benoit Coeure, head of the Innovation Hub at the Bank for International Settlements (BIS).In an interview with French newspaper L’Express published on the BIS website Friday, Coeure acknowledged central banks had
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OKB, the native exchange token for OKEx, has lost nearly an additional 20% of its market value Saturday, bringing its total drop to roughly 30% since the second-largest cryptocurrency derivatives exchange suspended withdrawals early Friday morning due to a keyholder being “out of touch”. Source
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The timing couldn’t be better for regulation-focused trading platform Qume, which unveils a revamped set of services Monday. Even in its soft-launch phase, the derivatives exchange has been mopping up customers in the wake of U.S. charges against BitMEX.“We’ve seen an uptick in users with about 2,000 customer sign-ups in
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Open interest on the Seychelles-based cryptocurrency exchange is down nearly 50% from the $125 million observed Oct. 1. Source
Read MoreTo navigate well in a digital world, we must be able to easily and securely establish our digital identity. Traditionally, a username, password and some trivial arcana like our first pet’s name have been key pieces of information held by institutions to establish our digital identity. Unfortunately, this system has
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