XRP price dropped by 20% shortly after making a 2021 high at $1.96, but have the altcoin’s bullish fundamentals changed?
Futures traders are using excessive leverage and historical data shows Bitcoin price crashes tend to occur after the futures premium reaches 30%.
Trading Bitcoin options can be a great way to access leverage while avoiding the liquidation risk presented by futures contracts but investors must keep an eye on the premiums.
A stable funding rate paired with a record-high $20.3 billion open interest on BTC futures suggest that the current rally has room to extend higher.
Crypto analytics provider Glassnode argues the late February BTC crash may have been a healthy reset that flushed excessive leverage out of the market.
“We are at all-time-highs territory [and] the market still has to make up its mind” about next resistance or supporting levels, says one broker.
Crypto exchanges offer USDT and BTC settled perpetual futures contracts but which is best suited for the average trader?
December’s $10,000 Ethereum calls options have started to pick up volume, but are traders really expecting ETH to reach this level?
The open interest on Ethereum futures hit a record $6.5 billion as ETH rallied to $1,750 and traders increased their leverage.
The FTX crypto exchange’s new index is called the Wall Street Bets Index.