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3232FTX Slashes Leverage Limit from 100x to 20x — Community Suspects Competitors Will Follow Example
https://www.digit.info/ftx-slashes-leverage-limit-from-100x-to-20x-community-suspects-competitors-will-follow-example/
Mon, 26 Jul 2021 06:00:15 +0000https://www.digit.info/2021/07/26/ftx-slashes-leverage-limit-from-100x-to-20x-community-suspects-competitors-will-follow-example/Read more]]>FTX CEO Sam Bankman-Fried told his Twitter followers on Sunday that his crypto exchange has lowered its margin trading limit from 101x to 20x. Prior to the change, FTX supported 50x, 100x, and 101x leverage but Bankman-Fried said these high leverage positions represent “a tiny fraction of volume.” FTX CEO Announces Cutting Leverage Limits, 2x […]
]]>‘Reiterated FUD’ – Chinese Government to Continue Monitoring Bitcoin Mining Sector
https://www.digit.info/reiterated-fud-chinese-government-to-continue-monitoring-bitcoin-mining-sector/
Fri, 21 May 2021 18:00:46 +0000https://www.digit.info/2021/05/21/reiterated-fud-chinese-government-to-continue-monitoring-bitcoin-mining-sector/Read more]]>A recent report from the Chinese government’s financial committee has reiterated the country’s stance on bitcoin mining and that it would continue to monitor the sector closely. The report follows a recent article from Reuters published three days ago, which also reiterates China’s older warnings against the crypto industry. Chinese Government Report Mentions Bitcoin Mining, […]
FTX CEO Sam Bankman-Fried told his Twitter followers on Sunday that his crypto exchange has lowered its margin trading limit from 101x to 20x. Prior to the change, FTX supported 50x, 100x, and 101x leverage but Bankman-Fried said these high leverage positions represent “a tiny fraction of volume.” FTX CEO Announces Cutting Leverage Limits, 2x […]
A recent report from the Chinese government’s financial committee has reiterated the country’s stance on bitcoin mining and that it would continue to monitor the sector closely. The report follows a recent article from Reuters published three days ago, which also reiterates China’s older warnings against the crypto industry. Chinese Government Report Mentions Bitcoin Mining, […]