Popular crypto derivatives exchange FTX launches oil futures—here’s what this means for crypto

FTX, one of the fastest-growing crypto derivatives exchanges in the world, has announced the launch of crude oil futures that expire to the spot price of WTI crude oil plus $100 dollars. The fact that the product comes at a time when oil prices touched negative has instilled a new kind of confidence in the […]
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Oil volatility following Trump tweets brings crypto traders to PrimeXBT

Few asset classes are as known for their volatility as cryptocurrencies like Bitcoin, Ethereum, and others are. Because these young digital asset valuations are driven primarily by speculation and hype, they are especially susceptible to wild price swings. However, today, it was the oil market that experienced crypto-like gains, causing the price per barrel of […]
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This stunning trend amongst crypto exchange tokens may be a massive red flag for investors

Native platform tokens aimed at increasing the efficiency and decreasing the costs associated with interacting with crypto exchanges have garnered significant popularity amongst investors in recent times, with their overt utility boosting transaction volumes and making them attractive to investors. In spite of this, data regarding the concentration of these tokens amongst so-called “whales” is […]
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