Category: Markets
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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?
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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…
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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.
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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.
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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?
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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.
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Bitcoin Climbs Past $40k, Analyst Expects Another Jump in BTC Value, ETH Taps New Highs
The price of bitcoin is nearing the crypto asset’s all-time price high on Saturday, as the digital currency has gained over 6% during the last 24 hours. The last time BTC was this high in value was during the first week of January when bitcoin touched a high of $42k that week. Crypto Prices Begin…