Bitcoin price hits $32K but derivatives metrics still show signs of weakness
Bitcoin price rallied 8.5% to recover the $32,000 level, but derivatives data shows pro traders still feel apprehensive. Go to Source Powered by WPeMatico
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Multi-asset exchange wins crypto trading license in Bermuda
Bermuda Premier David Burt said that 24 Exchange’s regulatory approval is the “first license of its kind to be issued in Bermuda.” Go to Source Powered by WPeMatico
FTX smashes crypto funding record with $900m raise to become exchange decacorn
The crypto derivatives exchange has seen its valuation soar over the past year, reflecting the rapid growth of digital assets over the same period. Go to Source Powered by WPeMatico
Here’s how altcoin futures volumes and the USD lending rate signal market crashes
Data shows that the dollar lending rate and futures volumes of select altcoins can be tracked to pinpoint overheated markets before a crash. Go to Source Powered by WPeMatico
Here’s one way to trade Bitcoin even as BTC price teeters over an abyss
Bears have pushed Bitcoin price to the lowest rungs of its current range, but savvy traders can still generate a nice profit via the Iron Condor options strategy. Go to Source Powered by WPeMatico
Historically low spot volumes and investor indecision weigh on Bitcoin price
Bitcoin price struggles to gain momentum as historically low spot volumes and a strengthening dollar result in widespread indecision from most traders. Go to Source Powered by WPeMatico
Thales raises $2.5M for binary options platform in Synthetix ecosystem
Binary options and sports betting will soon be launched on the Synthetix-based Thales platform. Go to Source Powered by WPeMatico
Bitcoin price is down, but here’s 3 reasons why $1B liquidations are less frequent
This year crypto derivatives traders faced some tough times, but the current situation seems much more favorable to Bitcoin bulls. Go to Source Powered by WPeMatico
Buy the rumor, sell the news? $10K Ethereum options are 88% down from their peak price
$10,000 Ethereum options for December 2021 cost buyers $734 each, but today they are only worth $85 and ETH price is 47% away from its all-time high. Go to Source Powered by WPeMatico
Ethereum bulls chase $2,200 ahead of Friday’s $230M ETH options expiry
A $2,200 Ethereum price would give bulls a $28 million advantage in this week’s ETH options expiry, but traders are more focused on the impact of the London hard fork in mid-July. Go to Source Powered by WPeMatico