Ethereum’s rally has been heating up. After reaching a 7-month high near $3,940, it has cooled slightly to around $3,870, but the underlying data still points upward. Futures premiums stay high, and ETF flows are positive, with BlackRock’s ETHA fund ranking as the fourth-largest ETF by inflows in the past 30 days. That kind of…
Robinhood is moving into the futures market, adding Bitcoin and Ethereum contracts to its trading app in the coming months. The company aims to attract seasoned traders with its low fees and user-friendly interface, positioning itself as a competitor to established players like Charles Schwab and Morgan Stanley’s E*TRADE. The announcement, made during Robinhood’s first-ever…
Robinhood is moving into the futures market, adding Bitcoin and Ethereum contracts to its trading app in the coming months. The company aims to attract seasoned traders with its low fees and user-friendly interface, positioning itself as a competitor to established players like Charles Schwab and Morgan Stanley’s E*TRADE. The announcement, made during Robinhood’s first-ever…
Ether's perpetual futures funding rates have soared to levels unseen since before August's global liquidation event. What are the market implications? During that period, major cryptocurrencies like Bitcoin and Ether plummeted alongside stocks, each losing over 20% of their value. In an interview with The Block, Gordon Grant, a derivatives trader, has issued a warning…
The Bitcoin dump to start the week was led by futures trading new data shows. Bitcoin experienced a significant price drop, falling over 4.40% in the past 24 hours amid a “long squeeze” in the perpetual futures market, according to the Brave New Coin’s Bitcoin Liquid Index. At the time of writing, Bitcoin is trading…
The Bitcoin dump on Monday was led by futures trading new data shows. Bitcoin experienced a significant price drop, falling over 3.40% in the past 24 hours amid a “long squeeze” in the perpetual futures market, according to the Brave New Coin’s Bitcoin Liquid Index. At the time of writing, Bitcoin is trading at $63,408,…
Robinhood, a significant player in the United States financial technology sector, has recorded major growth. The platform has seen a notable rise in monthly user inflow. Robinhood Monthly Deposits Surges To New Height A correspondent at CNBC, Kate Rooney, recently shared the development with the crypto community on the X (formerly Twitter) platform. The CNBC…
Institutional trade volume on the OKX Liquid Marketplace has surpassed $3 billion, the second-largest crypto exchange by trading volume announced on Friday. The Liquid Marketplace is an on-demand liquidity network for professional and institutional traders. This platform allows traders to send requests for quotes (RFQs) to market makers for large digital asset transactions. OKX Liquid…
Crypto asset management firm Valkyrie will have a new exchange-traded fund (ETF) listed on the Nasdaq this week. The stock exchange will be listing Valkyrie’s new ‘Bitcoin Mining ETF,’ an investment vehicle that will supply assets that provide exposure to company securities “deriving at least 50% of their revenue or profits” from Bitcoin or crypto…
The decentralized finance buzz has finally started to cool off, but dip buyers are already over 90% net long on DeFi futures on crypto exchange Binance. This says the market is incredibly bullish on these assets, however, mob mentality often leads to irrational decisions based on emotions. It also could be extremely dangerous for the…