
Big Guns Back $10M Investment in DeFi’s dYdX
The funding round, led by Three Arrows and DeFiance Capital, was also joined by Andreessen Horowitz, Polychain Capital and Coinbase co-founder Fred Ehrsam.
The funding round, led by Three Arrows and DeFiance Capital, was also joined by Andreessen Horowitz, Polychain Capital and Coinbase co-founder Fred Ehrsam.
Bitcoin traders are preparing for an extended short-term correction, as options contracts of 118,000 BTC ($3.5 billion) expire on Jan. 29. Bitcoin Price Volatility Ahead Bitcoin's price fell by a record percentage of 13.1% on Thursday. The...
The sell-off also led to major corrections for other cryptocurrencies including ether, stellar, xrp and chainlink.
As the crypto derivatives industry begins to take off, it needs to avoid the lack of transparency that plagued the industry in the 2000s, when the financial system collapsed.
Cryptocurrency markets have revealed the power of global, never-sleep financial markets. The low barrier to entry has also boosted digital assets' mass appeal. A small German company is now bringing these advantages to Google, Tesla, and other popular American stocks. And this time around, U.S. citizens will be left out of the innovation....
On January 12, the day the price of Bitcoin dropped from $41,000 to $30,500, over $2.5 billion worth of futures contracts were liquidated. The derivatives market, which was extremely overleveraged and overcrowded, saw a massive reset. Following the shakeout, a pseudonymous trader known as...
Cryptocurrency derivatives were prohibited in the UK starting from January 6. The Financial Conduct Authority (FCA) first announced the news in October, following extensive discussions around the issue. The ban prohibits companies from offering crypto derivatives, including options, futures, and other similar instruments to customers in the United Kingdom.
The Financial Conduct Authority ban on the sale of derivatives and exchange- traded notes was passed in October.
“This is only the beginning of mainstream institutional adoption and, in 2021, it will help drive derivatives growth faster.”
Investors in the Bitcoin options market could be turning slightly bearish in the near term, order books show. In the options market, the value of call options rises when the price of an asset appreciates. In contrast, the value of put options increases when the price of an asset falls. Essentially, a call option is a buy order and a put option is...
The volume of the Ethereum options market hit a record high as the demand for ETH increased in recent weeks. It follows the high-profile confirmation of Eth2 release, which was formalized after deposits to the Eth2 contract address reached its threshold. Analysts at Deribit, the largest cryptocurrency options market,...
On November 26, the Bitcoin futures market recorded nearly $800 million in long contract liquidations alone. It marked the worst day for the derivatives market since the March 12 crash. Almost 800 mil in long liquidations alone. The derivs market hasn't gotten this rekt since the black swan in March....
The Bitcoin futures funding rate has declined across major cryptocurrency exchanges in the past 48 hours. This shows that the derivatives market is getting less overheated and the rally can become more sustainable....
Globe goes live Friday with the announcement of $3 million in funding from the likes of Pantera Capital, Y Combinator, Tim Draper and others.