Crypto derivatives showed enormous growth in 2020 as nearly $2 billion worth of BTC options expired on Christmas day. 2020 was the most important year for the crypto derivatives market so far. Both Bitcoin (BTC) and Ether (ETH) derivatives steadily grew throughout the year, with their futures and options products available across exchanges such as […]
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Bitcoin price achieved a new all-time high at $25,945 following a large short squeeze in the futures market. The price of Bitcoin (BTC) has reached a new all-time high of $25,945 on Binance on Dec. 26 merely a day after it achieved its previous record high on Christmas day. BTC/USDT 1-hour price chart (Binance). Source: […]
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XRP price rose 40% in a single day as liquidations across futures exchanges topped $73.5 million. XRP price spiked by 40% in the past 24 hours, recording a 52% gain at the day’s peak. Behind the surprising rally was a big short squeeze that caused massive volatility within hours. It is evident that the upsurge […]
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Multiple Bitcoin price metrics show traders are still bullish on BTC even after the drop below $22,000. As Bitcoin (BTC) price tested the $17,580 low on Dec. 11, investors remained relatively calm despite some analysts issuing bearish estimates. Last week’s trading may have finished at the same level where it started, but the fundamentals for […]
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Derivatives data and trading volume show investors are still bullish on Ether price even after today’s drop to $596. On Dec. 17 , Ether (ETH) price rallied to $677, its highest level since May 2018, and it seems the top altcoin’s price was driven by Bitcoin’s (BTC) swift move above $21,000. It’s also possible that […]
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Decentralization can trigger a transition to a post-scarcity, post-capitalist crypto economy of abundance, while solving species-threatening negative externalities. Decentralization is not a luxury; it is a necessity. In a prescient article in The Atlantic back in 2012, science fiction writer Bruce Sterling referred to the likes of Amazon, Facebook and Google as “The Stacks,” predicting […]
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While all eyes are on Bitcoin’s new all-time highs, some analysts are predicting four-figure Ethereum in the coming months. While Bitcoin continues to push into new all-time highs, Ether has also tagged new year-to-date highs following news the Chicago Mercantile Exchange plans to launch ETH futures contracts in 2021. BTC spiked into new highs on […]
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Bitcoin price saw a sudden 2.5% drop after hitting as high as $19,570 in an overnight rally. The Bitcoin price (BTC) surged above $19,500 briefly on Dec. 15, reaching as high as$19,570 on Binance. However, BTC then dropped to $19,050 within three hours, recording a sudden 2.5% pullback. Bitcoin spiked to around $19,600 because of […]
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An assortment of Bitcoin futures and options indicators are signaling that investors view every BTC dip as a buying opportunity. As Bitcoin (BTC) tested a $17,580 low on Dec. 11, investors remained relatively calm despite some analysts issuing bearish estimates. The week may have finished at the same level where it started, but the fundamentals […]
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Ethereum price is closing in on $600 and multiple metrics suggest the top altcoin is ready to notch a new all-time high. Ether (ETH) price might have had a disappointing week after its price failed to hold the $600 level, but the fundamentals of the network and cryptocurrency remain solid. Traders are known for having […]
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