How do bot-traded futures work, what are the top tips for success, and what are the common pitfalls to avoid? This explained article reveals all. How popular are trading bots in the crypto market right now? According to TradeSanta, demand for trading bots has increased substantially of late. The latest figures from the platform’s website…
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$1.55 billion in Bitcoin options are set to expire on April 23 and the recent BTC crash to $51,000 has given bears a $340 million advantage. Bitcoin (BTC) price is making a slow recovery after facing a sharp 16% correction in the early hours of April 18. While some analysts blame a 9,000 BTC deposit…
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Hegic will reward long-term traders, LPs, hodlers, and Discord users with its forthcoming governance token. Decentralized finance protocol Hegic has announced a soft governance launch designed to reward its long-term users. According to an April 19 announcement, Hegic intends to reward its most loyal users with its new gHEGIC governance token, straying from the public…
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Dogecoin’s price has rallied more than 500% in the last 10 days, resulting in a $50 billion market cap that eclipses ING, Barclays and Credit Agricole. The last 10 days have been nothing short of impressive for Dogecoin (DOGE), which rallied by more than 500% to a new all-time high at $0.45. Even after a…
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$250 million in Ether options are set to expire on April 23, and derivatives data shows bulls still have a slight advantage. Ethereum paved the way for lower transaction costs with its Berlin upgrade on April 15. However, traders already know that Ethereum Improvement Proposal 1559 is the most anticipated and controversial change scheduled for the…
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XRP price dropped by 20% shortly after making a 2021 high at $1.96, but have the altcoin’s bullish fundamentals changed? XRP holders couldn’t have asked for a better year as the cryptocurrency rallied almost 800% and flirted with a $2 level in the early hours of April 14. In addition to achieving its highest level…
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Analysts say billion-dollar liquidations are less of a risk even as the open interest on Ethereum futures hit a new high at $8 billion. The price of Ether continues to push higher, and many analysts are calling for $3,000 as a short-term target. All of this “success” takes place in the face of Ether (ETH)…
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Bitcoin’s three-month futures premium reached a record-high of 50%, signaling market inefficiencies. Bitcoin (BTC) has been struggling to break the $60,000 resistance for almost a month. But despite the impasse, BTC futures markets have never been so bullish. While regular spot exchanges are trading near $59,600, the BTC contracts maturing in June are trading above…
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Positive news regarding the SEC lawsuit saw XRP price rally above $1 and its futures open interest to reach an all-time high. XRP price’s journey to $1 this year has been nothing short of spectacular, considering the ongoing Securities and Exchange Commission’s lawsuit against Ripple initiated in December 2020. The regulator alleges that XRP was a $1.3 billion…
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Retail traders have been using high leverage throughout the current bull market, but that’s not the real reason for today’s marketwide sell-off. After flirting with a $2 trillion market capitalization for the last couple of days, the cryptocurrency market took a 7% hit on April 7, dropping the total crypto market cap to $1.8 trillion.…
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