Category: Trading
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How OKEx’s risk engine prevented cascading liquidations during Bitcoin crash
The huge crypto crash that took place on Sunday could have been much worse if it weren’t for OKEx’s risk engine. The exchange’s CEO Jay Hao said that Sunday’s flash crash on both Bitcoin and Ethereum resulted in zero clawbacks and zero ADL (Auto-Deleveraging), as the platform’s built-in security mechanisms prevented cascading liquidations after Bitcoin…
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Hackers Steal Over $1.3M from European Crypto Trading Platform
2gether’s servers were attacked by unknown actors who managed to steal over $1.39 million from crypto-investment accounts.
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MCO jumps 36% as Crypto.com’s swap program goes live
Crypto.com unveiled its MCO swap program on August 3, allowing existing holders to shift their tokens to CRO as the protocol shifts to a unified, singular token system for its mainnet. The swap is only available on the Crypto.com App, with a 20% bonus for swaps completed by 2 Sep 2020. Each 1 MCO will…
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A General Strategy on How to Select a Crypto Fund, Part 1
A basic framework of useful metrics to assess the true risk of a crypto fund as a quantitative screening tool.
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Bitcoin drops $1,500 in 9 minutes causing $1 billion in longs liquidated
The crypto market is not one for the faint-hearted. And in true fashion, Bitcoin and other cryptocurrencies suddenly plunged over 10-15% earlier today before quickly recovering. But the recovery didn’t necessarily bear well for some traders: Close to $1 billion worth of Bitcoin and Ethereum longs were liquidated in the move. A $1,500 drop On…
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One of Bitcoin’s earliest developers suggests crypto trading is all speculation and no tech
The volatility of cryptocurrency markets is well-documented and definitely not for the faint-hearted — 100x leverage, double-digit percentage drops in a single trading session, and small-cap altcoins “mooning” hundreds of dollars under an hour lead many to the crypto market under the guise of an early-adopter. But Gavin Andresen, one of Bitcoin’s earliest developers, suggests…
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Bitcoin Futures, Options, and Open Interest: Crypto Derivatives Break Records After the Halving
Since the market rout on March 12, otherwise known as ‘Black Thursday,’ bitcoin futures and options contracts have seen significant demand. On May 14, CME Group saw the total number of outstanding derivatives contracts (open interest) touch a high of $142 million. Four days later, CME broke records again. Data from the researchers at Skew.com…
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Volatility and “Black Thursday,” hedge funds learn how brutal Bitcoin and crypto trading can be
The cryptocurrency markets are not ones to be trifled with. Insane leverage, double-digit percentage fluctuations in a single session, and the promise of 100x returns on many-an-obscure altcoin lead the masses to throw capital in the market, hoping for “moon” returns at the least and a “Lambo” as the ultimate reward. But the market takes…