Category: Trading
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$1.7 billion in crypto liquidations occurred after Bitcoin dipped below $46,000
The market cleaned out overleveraged traders in a sudden move downwards yesterday before recovering in the afternoon hours on Monday. Altcoin traders lost over $1.7 billion in the past day as crypto markets took a hit on the back of high funding rates and overleveraged trading. Bitcoin dipped below $46,000 momentarily, while some altcoins fell…
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Exchanges warn that Hong Kong’s crypto retail trader ban could backfire
Crypto industry concern mounts ahead of the likely introduction of a bill to ban retail traders from cryptocurrency activities in Hong Kong.
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Bitcoin flirts with $50,000 at the end of a lovely week
On Valentine’s Day, the crypto market was infatuated with Bitcoin (BTC) as the coin broke yet another all-time high, reaching roughly $49,530, according to metrics platform CoinGecko. Bitcoin price chart. Image: CoinGecko Meanwhile, the week leading to February 14 was also quite eventful all by itself, with a slew of Bitcoin-related announcements and news exploding…
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Robinhood, Melvin, and Citadel execs expected to testify on GameStop before Congress
The price of GME has fallen almost 90% since lawmakers first called for a hearing.
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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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Synthetix (SNX) ‘Bellatrix’ update makes “shorting” easy for DeFi users
Yesterday saw the launch of an easy “shorting” provision for users of the DeFi app, shooting the prices of its token by 11%. You can now short on Synthetix Decentralized finance app Synthetix (SNX) saw the deployment of the “Bellatrix” update yesterday, as per a release. The update opens up newer on-chain capabilities for users.…
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ETH price surge could cause ‘gamma squeeze’ as bull market heats up: Delta Exchange exec
Delta Exchange, a crypto derivatives platform, says many options traders didn’t expect Ether’s price to rise so quickly. Now, they’re sitting on huge unrealized losses.
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Robinhood reportedly allowing instant deposits for crypto purchases again as DOGE surges
The feature was originally suspended on Jan. 29.