As of 9 a.m. EDT on Monday, the crypto market experienced a $ 1.15 billion loss in derivatives positions, with $ 975.93 million of these being long positions. Of that total, approximately $ 403.82 million came from BTC positions, while $ 364.98 million resulted from ETH positions being liquidated. Mass Liquidation …
T-Rex Group has filed for exchange-traded funds (ETFs) that aim to leverage the daily performance of Microstrategy Incorporated (MSTR). The proposed ETFs will take 2x long and 2x inverse positions in MSTR, magnifying its daily stock performance by 200%. T-Rex Group Files for Microstrategy ETFs, Dubbed the ‘Ghost Pepper of ETF Hot Sauce’ T-Rex Group, […]
On April 12, bitcoin briefly reached above the $ 71,000 threshold, but its value plunged by more than $ 3,000 after a substantial sell-off at 2:00 p.m. Eastern Time. The price of bitcoin in USD tumbled to an intraday low of $ 65,230. Over the past 24 hours, leveraged crypto positions totaling …
Contrary to the perception that decentralized applications (dapps) are unstoppable, many are “reliant on centralized middleware components in the extreme.” James Bayly, COO at Subquery, argues that such an overreliance on centralized middleware components or their providers “completely undermines [the] supposedly decentralized applications and networks.” The Value of Centralization in Web3 However, in his written […]
Coinbase Financial Markets (CFM) introduced regulated leveraged crypto futures for its U.S. customers Wednesday, now available to Coinbase Advanced users. The trading platform currently offers nano-sized contracts at one-hundredth of a bitcoin and one-tenth of an ethereum. Coinbase Financial Markets Rolls Out Crypto Futures for U.S. Investors The San Francisco-based crypto platform, Coinbase, is beginning […]