Binance Launches LOKAUSDT Perpetual Contract with 75x Leverage
TL;DR Binance has launched the LOKAUSDT perpetual contract with up to 75x leverage. Traders will be able to trade 24/7 with fixed funding rates. The...
Tag : Crypto
Metaplex Launches Aura Network to Enhance Decentralized Data Availability on Solana
TL;DR Metaplex has launched the Aura Network to improve data availability and indexing on Solana in a decentralized manner. More than 25 projects from the...
Increased Bitcoin Transfers Signal Potential Market Changes
by Fernando
TL;DR Increased Bitcoin network activity suggests potential selling pressure as old coins are moved. Significant amounts of Bitcoin held for various periods have been transferred...
Bitcoin ETF Options Won’t Reduce Volatility, Says Expert Jeff Park
by Fernando
TL;DR Jeff Park claims that Bitcoin ETF options won’t reduce its volatility. Bitcoin’s limited supply influences its price fluctuations. ETF options offer more regulated exposure...
Bitcoin Supply Decline Among Short-Term Holders Limits Price Breakout Potential; Market Dominance Hits 54.9%
TL;DR There is a notable decline in Bitcoin supply among short-term holders, the lowest since 2012, while long-term holders are increasing their share. The lack...
Silvergate Capital Bankruptcy Reveals Crypto Market Risks and Financial Sector Vulnerabilities
by Fernando
TL;DR Silvergate Capital filed for bankruptcy on September 18, 2024. The entity, which had shut down in March 2023, will not compensate common shareholders. The...
Crypto Trader Transforms $800 into $400,000 in a Week Amid Meme Coin Surge
TL;DR A trader turned $800 into $400,000 in a week thanks to the memecoin Moo Deng (MOODENG). MOODENG skyrocketed after going viral on social media,...
Binance Launches High-Leverage UXLINKUSDT Perpetual Contract
by Fernando
TL;DR Binance will launch the UXLINKUSDT perpetual contract on September 15, 2024, with leverage up to 75x. The contract will be USDT-margined and will feature...
Grayscale Bitcoin Trust Faces Over $20 Billion in Outflows
by Fernando
TL;DR The Grayscale Bitcoin Trust (GBTC) has surpassed $20 billion in net outflows since converting to an ETF. BlackRock’s iShares Bitcoin Trust saw a resurgence...