Category: Cryptocurrencies
-
Bitcoin price hits $46,794 as altcoins, stocks rally to new highs
Bitcoin price hit a new all-time high at $46,794 on the same day Tesla revealed its $1.5 billion investment into BTC and stock markets rallied to new highs.
-
Rising Bitcoin futures funding rate signals traders expect $50,000 BTC
Bitcoin perpetual futures buyers are paying a 5.4% weekly funding rate to keep their positions open, but is this sustainable?
-
Retail Crypto Adoption Advances Amid Pandemic as Acceptance and Fungibility Broaden Value
While the rise in cryptocurrencies over the last year has been the source of excitement among advocates and consternation for its detractors, a look at prices alone hides the real value being unlocked within the ecosystem. Cryptocurrency’s Real Value Lies in its Use, Not Speculation With the pandemic weighing on the global economic outlook and…
-
Bit.com’s Daily Volume for Bitcoin Cash Options Doubled Every Day Since Launch
At the end of January, the Matrixport subsidiary and leading derivatives exchange Bit.com announced the introduction of bitcoin cash perpetual swaps and options. Following the launch, the daily 24-hour volume has exceeded expectations doubling every day ever since. During the last few years, there’s been a number of derivatives exchanges leveraging bitcoin (BTC) and ethereum…
-
Whales profit as high Ethereum gas fees sideline retail DeFi investors
High gas fees on the Ethereum network are making it nearly impossible for retail investors to interact with DeFi protocols but the same doesn’t apply to whales.
-
Growing list of billion-dollar crypto ‘unicorns’ suggest the best is yet to come
More than 53 blockchain projects have emerged as multi-billion dollar market cap crypto unicorns, a signal that the 2021 bull market is just getting started.
-
Bullish $10K Ethereum call options excite traders but there’s a catch
December’s $10,000 Ethereum calls options have started to pick up volume, but are traders really expecting ETH to reach this level?
-
PancakeSwap (CAKE) gains 444% as its daily DEX volume surpasses $90M
PancakeSwap’s DEX volume has grown by 350% in six weeks, causing its CAKE token rally 444% and the platform appears on track for even larger gains.
-
Looming Legal Issues and Transparency Questions Fail to Dent Tether’s Momentum
Tether has never been more popular. A quick look at Coinmarketcap data underscores this point, with 24-hour trading volume in USDT (US dollar-denominated Tether) exceeding both Bitcoin and Ethereum combined. Users of the Legacy Stablecoin Show No Sign of Relenting A slow-rolling lawsuit brought by the New York attorney-general against Tether parent-company iFinex for fraud…
-
Record $6.5B futures open interest signals traders are bullish on Ethereum
The open interest on Ethereum futures hit a record $6.5 billion as ETH rallied to $1,750 and traders increased their leverage.