Ethereum traders turn bearish as ETH price dips under $3K
ETH price dropped to a multi-month low but ETH derivatives data suggests that traders believe the correction is over. Go to Source
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Bybit Rises to Second Place in Global Crypto Exchange Rankings, Kaiko Report Reveals
According to a recent report by Kaiko, Bybit has surged to become the world’s second-largest cryptocurrency exchange by volume, overtaking Coinbase and closely trailing Binance. This climb is attributed to significant increases in market share following the launch of spot bitcoin exchange-traded funds (ETFs) in the United States. Bybit Climbs Crypto Exchange Ladder The report … Read more
Ahead of Ether ETFs Debut, Bitmex Introduces 200x Leverage for Ethereum
On June 5, 2024, the crypto derivatives exchange Bitmex announced it is offering 200x leverage for ethereum perpetuals ahead of the U.S. ether exchange-traded funds (ETFs) trading debut. Bitmex Ramps Up Ethereum Trading With 200x Leverage Offering According to a social media post on X published Wednesday, Bitmex is introducing 200x leverage perpetuals for ethereum … Read more
Luxor and Bitnomial launch Bitcoin mining derivatives product
The new crypto derivatives product allows investors to speculate on future hashrates and hashprices. Go to Source
Bitcoin derivatives hint at potential rally above $73K — New all-time highs next
Bitcoin derivatives data suggests room for additional price upside in the coming weeks as Ethereum ETF approval chances rise. Go to Source
Real-word asset tokens can stabilize DeFi — Market observers
RWA tokenization has become the latest trend in crypto, and early use cases indicate that DeFi protocols are using it for stable collaterals, yield products and more. Go to Source
Antonio Juliano steps down as CEO of dYdX
The decentralized exchange is now led by Ivo Crnkovic-Rubsamen, a former trader and dYdX chief strategy officer. Go to Source
Bitcoin and Ether options worth $2.4B set to expire May 3, max BTC pain at $61K
Deribit exchange data reveals that the put-to-call ratio for Bitcoin options contracts is currently at 0.50, with a maximum pain point of $61,000. Go to Source
US lawmakers urge SEC to approve Bitcoin options trading
Representatives Mike Flood and Wiley Nickel urged the SEC’s chair Gary Gensler to stop discriminating against Bitcoin funds in a letter. Go to Source
Cboe reorganization will merge or eliminate digital arm’s activities
The exchange is optimizing operations after acquiring ErisX on the eve of crypto winter and expects to save millions. Go to Source
