The Bitcoin price spiked from $6,900 to $7,300, liquidating $90 million on BitMEX and Bitfinex alone. The Bitcoin (BTC) price spiked from $6,900 to $7,300 across major cryptocurrency exchanges, liquidating $90 million on BitMEX and Bitfinex alone. While several traders anticipated the Bitcoin price to see a strong upsurge as it breaks out of the […]
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Bitcoin trading is risky but investors looking to minimize their risk might consider the benefits provided by BTC options contracts. Institutional traders have long known the benefits of derivatives trading, including leverage and hedging. By trading options markets, one can predetermine maximum gains and losses, even with volatile assets like Bitcoin (BTC). Despite being far […]
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KuCoin’s derivatives arm, KuMEX, starts accepting Tether deposits for Bitcoin perpetual contracts on March 30. As the volume of Bitcoin (BTC) derivatives trading continues to rise, the cryptocurrency industry keeps tapping more crypto markets, like stablecoin Tether (USDT), for futures trading. KuMEX, a derivatives arm of IDG-backed crypto exchange, KuCoin, is planning to roll out […]
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Top crypto traders have started to lean toward a resumption of a bearish trend for Bitcoin price. With the firm recovery of the Dow Jones Industrial Average and Bitcoin defending the $6,400 support level with strength, crypto traders anticipated the Bitcoin price to rebound to at least the mid-$7,500 area in the short term. In […]
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Speaking to Cointelegraph, Binance’s VP of futures explains how the firm managed to become one of the top crypto futures trading platforms. Aaron Gong, vice president of futures at major cryptocurrency exchange Binance, explained to Cointelegraph how the firm managed to become one of the top crypto futures trading platforms. As Cointelegraph reported earlier this […]
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The $3 million investment in India’s largest crypto exchange comes from firms like Bain Capital, Polychain, and HDR Group. A recent funding round has just added quite a bit to an Indian crypto exchange’s coffers. Mumbai-based exchange CoinCDX announced on March 24 it had received $3 million in new funding. The Series A round was […]
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Bitcoin derivatives exchange BitMEX has slipped to third place in 24-hour trading volume for Bitcoin futures. Bitcoin (BTC) derivatives exchange BitMEX has fallen to third place in 24-hour trading volume for Bitcoin futures. Data from Skew analytics on March 23 reveals that the derivatives giant, founded by Arthur Hayes, is reporting $2.45 billion in 24-hour […]
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Billionaire venture capitalist Tim Draper has revealed plans to invest in Indian cryptocurrency startups. Billionaire investor and the winner of thousands of Bitcoins (BTC) in the Federal Bureau of Investigation’s 2014 Silk Road auctions, Tim Draper, has set his sights on India’s nascent cryptocurrency industry. On March 22, the venture capitalist tweeted that the Supreme […]
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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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Changpeng Zhao rejects claims that Bitcoin crashed because of the coronavirus, and debate rages on how closely BTC is correlated to the U.S. stock market. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions […]
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