Retail investors are flocking to buy Filecoin on exchanges with predominately Chinese user bases and the head of the PBOC thinks the digital yuan has an uphill battle to take on Alipay and WeChat Pay.
Bitcoin perpetual futures buyers are paying a 5.4% weekly funding rate to keep their positions open, but is this sustainable?
It’s the year of the ox, and many traders and investors are holding their bitcoin in anticipation of a bullish market trend.
Key Bitcoin price metrics show the recent 12% drop to $30,800 has not stopped traders from buying dips ahead of this Friday’s $4.9 billion BTC futures expiry.
Substantial spot volume, a favorable futures premium, and top traders buying the dip are all signals that Ethereum price should see continuation.
Institutions and “whales” have continued their bitcoin purchases, on-chain data shows.
Crypto derivatives showed enormous growth in 2020 as nearly $2 billion worth of BTC options expired on Christmas day.
A sharp drop in OKEx’s trading volume and stablecoin reserves – tether in particular – may reveal an ongoing exodus of its users after the popular crypto derivatives exchange unexpectedly halted all crypto withdrawal activities for about five weeks.
Bitcoin derivatives trading is on the rise as institutional investors flood the market.
About 2,822 BTC was moved from OKEx within 15 minutes of withdrawals restarting.