The DYDX governance token becomes the latest airdrop to surpass $100,000 for the most active users, and the DEX’s transaction volumes highlight the rising popularity of layer-2 platforms.
Category: Bitcoin Futures
Traders were hit hard as $3.5 billion in liquidations took place as Bitcoin price crashed below $43,000.
FTT price soared to a new all-time high after the FTX exchange added LedgerX to its ever-expanding list of acquisitions and partnerships.
A commissioner with the U.S. Commodity Futures Trading Commission (CFTC) has detailed how crypto assets are regulated in the U.S. and whether they fall under the jurisdiction of the CFTC or the Securities and Exchange
The indicators, coupled with a strong bid momentum versus the offers, suggest that Bitcoin’s price could push above $50,000 in the coming sessions.
Derivatives data show the market is dominated by longs and that top traders added leverage as BTC price rallied to $46,300.
Bitcoin’s surge above $40,000 boosted the bulls’ advantage in this month’s $1.7 billion options expiry.
Bitcoin price rallied 8.5% to recover the $32,000 level, but derivatives data shows pro traders still feel apprehensive.