More than just an airdrop? Arbitrum builds a resilient DeFi fortress with unique primitives
Arbitrum is making moves to become the hub of decentralized derivatives trading and DeFi activity within the layer-2 space. Go to Source Powered by WPeMatico
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Bitcoin’s Price Drop Causes Over $200 Million in Long Liquidations Across Crypto Derivative Exchanges
On Feb. 24, 2023, bitcoin’s price remained above the $23,000 threshold and then rose to a peak of $23,829 per unit on March 1. On March 2 at 8 p.m. Eastern Time, the price of bitcoin fell, dropping below the $23,000 mark. This decline resulted in a significant $237.97 million worth of long liquidations on … Read more
Bitcoin price searches for direction ahead of this week’s $710M BTC options expiry
BTC’s recent price swings are the result of regulatory pressure and the Federal Reserve’s stance on U.S. inflation. Go to Source Powered by WPeMatico
Aussie regulators review Binance Australia Derivatives over account closures
A day after Binance Australia Derivatives sent notifications of account closures to users it wrongly classified, regulators in Australia said they’re looking into the company. Go to Source Powered by WPeMatico
Former FTX CEO Sam Bankman-Fried Faces New Charges in Multi-Billion Dollar Fraud Case
Sam Bankman-Fried (SBF), the disgraced co-founder of FTX, faces four more charges after a new indictment was unsealed on Wednesday. The charges include operating an unlicensed money transfer business and conspiring to commit bank fraud. SBF Gets 4 New Charges Tacked Onto His Indictment The former CEO of FTX was originally indicted 72 days ago … Read more
Binance Australia Derivatives reportedly closes accounts and positions for some users
Binance Australia Derivatives incorrectly classified end users as wholesale investors, according to an investigation into its onboarding services. Go to Source Powered by WPeMatico
Ethereum derivatives data suggests $1,700 might not remain a resistance level for long
ETH derivatives data shows bullish traders becoming more comfortable with the $1,700 price level, creating an opportunity for further rallies. Go to Source Powered by WPeMatico
Are stablecoins securities? Well, its not so simple, say lawyers
One lawyer said that while stablecoins are meant to be stable, buyers may possibly profit from a range of arbitrage, hedging, and staking opportunities. Go to Source Powered by WPeMatico
CFTC’s Johnson urges Congress to expand commission’s crypto oversight powers
Commodity Futures Trading Commission Kristin Johnson wants to protect customers in a way that reduces the risk of future crises. Go to Source Powered by WPeMatico
Stablecoin data points to ‘healthy appetite’ from bulls and possible Bitcoin rally to $25K
Bitcoin price continues to press higher this week as demand for stablecoins and a key BTC price metric suggests bulls have a “healthy appetite.” Go to Source Powered by WPeMatico