Crypto exchanges saw record trade in March, with the global market crash driving all-time highs for both spot and derivatives trading. CryptoCompare has published its monthly report analyzing the trade activity on crypto exchanges. The record-breaking crash of March 12 and 13 drove new all-time volume highs in both the spot and derivatives markets. March […]
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Bithumb Global, the international platform of South Korea’s top crypto exchange, has rolled out margin trading with 5x leverage for Bitcoin and Ether trading pairs with Tether. Bithumb Global, the international platform of South Korea’s top crypto exchange, has rolled out margin trading with 5x leverage for Bitcoin (BTC) and Ether (ETH) trading pairs with […]
Continue ReadingBinance explains that the removal of FTX leveraged token was the result of users holding tokens instead of trading them. Binance blamed customer confusion for its FTX leveraged token delisting, explaining that users held the tokens instead of trading them, which was the originally intended use case. “The leveraged tokens are not designed for long […]
Continue ReadingBinance has chosen to delist its FTX leveraged token products. Major crypto exchange, Binance, has decided to remove leveraged FTX tokens from its exchange, explaining that customers don’t understand the product. “Due to lack of understanding of how leveraged tokens work by many of our users, Binance has decided to delist all existing FTX leveraged […]
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Bitcoin’s recent 50% drop and the issues traders experienced at BitMEX have led to a discussion on whether shorting should be banned by crypto exchanges. Bitcoin’s (BTC) rapid 50% price drop in the wake of coronavirus concerns aroused chatter around banning the ability for traders to assume short positions in cryptocurrency markets. Question is, would […]
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Bitcoin’s price had its worst drop in seven years, after $1 billion in longs were liquidated. Top traders discuss the causes. The Bitcoin (BTC) price dropped to $3,600 overnight, marking Bitcoin’s biggest daily drop in the last seven years. Over $1 billion worth of longs was liquidated on March 12, causing one of the most […]
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An industry researcher initially gives credence to the idea that BitMEX was negligent in the face of crashing Bitcoin, but then U-turned on the idea. Trading giant BitMEX is at the center of attention after unexpected downtime sparked rumors of foul play as Bitcoin (BTC) fell as low as $3,700. According to a tweet from […]
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Major cryptocurrency exchange Binance announced it is about to launch a new futures product tracking crypto asset NEO. Major cryptocurrency exchange Binance announced that it is about to launch a new futures product tracking crypto asset NEO. Per the announcement published on Feb. 16, the NEO/USDT futures will be launched on Feb. 17 and traders […]
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President Donald Trump’s $4.8 trillion 2021 budget proposal hopes to return the Secret Service to the Treasury in a bid to enhance cyber and financial crime investigations. President Donald Trump’s $4.8 trillion 2021 budget proposal hopes to reconsolidate the Secret Service with the Treasury Department in order to enhance cyber and financial crime investigations. Established […]
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After releasing TRUMP trading last week, crypto exchange FTX plans to launch five more presidential election futures products, including BERNIE. After launching TRUMP futures trading last week, FTX plans to release five additional 2020 presidential election-based futures products. “What we’re about to come out with is just similar contracts for the top five Democratic candidates,” […]
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