ETH price surge could cause ‘gamma squeeze’ as bull market heats up: Delta Exchange exec
Delta Exchange, a crypto derivatives platform, says many options traders didn’t expect Ethereum’s price to rise so quickly. Now, they’re sitting on huge unrealized losses. Go to Source Powered by WPeMatico
DeFi giant Aave hits a new high at $520, TVL rises to $4.96 billion
AAVE price rallied to a new high at $520, pushing the DeFi protocol’s TVL to $4.96 billion. Go to Source Powered by WPeMatico
Argo Blockchain Buys 172.5 Bitcoins as Reserve Asset, Monthly Revenue Soars 52%
Argo Blockchain said Wednesday that it bought 172.5 bitcoins in the second half of January as part of its asset management strategy. ● In a trading update, the London Stock Exchange-listed bitcoin miner also reported strong revenue growth during the review month, climbing 52% to £2.48 million ($3.37 million) from £1.63 million ($2.21 million) in … Read more
Robinhood reportedly allowing instant deposits for crypto purchases again as DOGE surges
The feature was originally suspended on Jan. 29. Go to Source Powered by WPeMatico
Here’s why Bitcoin price is struggling to reclaim $38,000
Bitcoin price may have flipped $35,000 back to support but data shows this week’s 15% move may have prompted top traders to open short positions. Go to Source Powered by WPeMatico
Parents, it’s time for ‘the talk’: Did your kid trade crypto in 2020?
Now is the time to look beyond your own income-producing activities and look to your children’s crypto as well. Go to Source Powered by WPeMatico
Hedge or cyclical? Eternal debate on Bitcoin’s status sees a new twist
Crypto might not be a great hedge in the strict traditional sense, but it can guard investors against policy and currency risks. Go to Source Powered by WPeMatico
Analysis Shows Bitcoin Whales Are Stockpiling, but ‘BTC Ownership Is Not Highly Concentrated’
During the last few months, a few reports from mainstream media (MSM) outlets tried to prove that a large sum of bitcoin is controlled by a small group of people. Recently, Bloomberg claimed that “2% of accounts control 95% of all bitcoin,” a claim that doesn’t hold weight to onchain analysts. On Tuesday, Glassnode researcher … Read more
Merging traditional finance and DeFi is critical for mass adoption
If we want to achieve mainstream adoption, we must move toward an industry where DeFi can also serve legacy financial institutions. Go to Source Powered by WPeMatico
