Over the past 30 days, the price of DYDX token has more than doubled as speculators eagerly await its migration from Ethereum to the dYdX chain. However, there is a potential dampening effect on market sentiment due to a large token unlock scheduled in just over two weeks.
Optimism is an ecosystem of layer-2 chains that offer faster and cheaper transactions compared to the main Ethereum blockchain. It includes the original OP Mainnet, which is currently the world's second-largest layer-2 network in terms of value deposited.
Billionaire venture capitalist Chamath Palihapitiya believes that the markets are poised for a strong rally as a significant amount of capital seeks new investment opportunities.
Futures contracts are financial agreements that require a buyer to pay for and a seller to deliver a specific asset at a predetermined future date. These contracts are commonly used in financial markets to speculate on the price movements of various assets.
Large liquidations in the cryptocurrency market can often indicate the local top or bottom of a steep price move. These liquidations occur when a significant number of traders are forced to sell their positions due to margin calls or other factors. As a result, the market experiences a sudden influx of selling pressure, which can lead to a sharp decline in prices.
In a recent interview, Widmann, an industry expert, discussed the increasing prominence of derivatives in spot settlement. This development has been driven by the need to establish standards in the marketplace as more firms, particularly institutional players, enter the scene.
An analyst who has been making timely Bitcoin (BTC) calls recently believes that the crypto king is still poised for a big surge despite yesterday's drop.
Last year, Bloomberg reported that Blockchain.com, a leading cryptocurrency wallet provider, was in talks to raise another round of funding. The company was seeking a valuation of $3 billion to $4 billion for its Series E funding round. However, the exact valuation for the round was not confirmed.
India's position on cryptocurrency has been a topic of discussion and scrutiny in recent years. In September 2023, during its presidency of the G20, India urged the acceptance of global guidelines for cryptocurrency, despite not having its own legislation in place. This move raised questions about India's stance on crypto and its commitment to regulating the industry.
A popular crypto trader, known as Rekt Capital, has expressed a long-term bullish outlook on three altcoins: Polygon (MATIC), RUNE, and Ocean Protocol (OCEAN).
Shark Tank star Kevin O’Leary has revealed plans for a new crypto exchange that aims to disrupt the industry's leading giants. In an interview with Fox Business, O'Leary emphasized that the era of the 'crypto cowboy' is over. The exchange, called M2, will be based in Abu Dhabi and is set to become the largest regulated crypto exchange in the world. It will be backed by billions in capital and will have connections to major institutional players.
Liquidations in leveraged trading occur when an exchange is compelled to close a trader's position because the trader has lost a significant portion or all of their margin. This process, known as liquidation, can have a profound impact on price volatility in the market.
In the world of cryptocurrency, ETF speculation has taken the spotlight. However, amidst this speculation, the store of value narrative remains strong and continues to provide support for the asset.
When it comes to obtaining a registered agent in the State of Delaware, there are certain requirements that must be met. This article will outline the most important requirement and discuss the potential risks of not meeting this requirement.
In a recent CNBC interview, ARK Invest CEO Cathie Wood expressed her confidence in Bitcoin's current bull market. She highlighted key metrics that confirm the strength of Bitcoin's network and its role as a safe store of value for investors.
Crypto analyst Jason Pizzino predicts that the true altcoin season is yet to come, despite the recent surge in some digital assets. Based on historical patterns and Bitcoin's halving events, Pizzino believes that the altcoin season will arrive around October 2024.