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Bitcoin Falls to $60.5K as Coinbase Premium Gap Points to Sell Pressure


Bitcoin had a rough Wednesday, starting the day above $62,000 but quickly slipping to a daily low of $60,541. The market turbulence didn’t stop there, as over $40 million in bitcoin long positions were wiped out. Across the broader crypto space, both long and short positions saw liquidations...

Block Scholes and Bybit Report Highlights Stability in Crypto Derivatives 


A recent study by Block Scholes and Bybit reveals a resilient crypto derivatives market, despite recent market turbulence. The report provides insights into futures, options, and perpetual contracts, emphasizing the sector’s ability to withstand significant market events. Futures Market...

Bitcoin Peaks at $67,991 Ahead of Trump’s Bitcoin Conference Appearance


Before former President Donald Trump’s appearance at the Bitcoin 2024 conference in Nashville, the price of bitcoin (BTC) climbed to an intraday peak of $67,991 per unit. This increase led to the liquidation of approximately $55.21 million in bitcoin short positions, out of a total of $79.10...

Clearpool positions credit vaults on Base, Ethereum L2 Blockchain


Clearpool has positioned its credit vaults on Base, an Ethereum L2 Blockchain nurtured by Coinbase and created on the open-source OP Stack.  Portfolio Technologies, a crypto conventional HFT space-creating body, utilizes its advanced technology to lessen the interruption in buying and selling...

Bitcoin open interest high: Short positions fueling the fire?


Open interest in Bitcoin ($BTC) is high. This has sparked a series of questions regarding the token’s ability to sustain optimistic resistance margins. One theory that has come forward states that the Open Interest, or OI, is high because short positions are greedy. The theory further states...

Pyth network positions its oracle solutions on IOTA EVM


Pyth network has positioned its oracle solutions on IOTA EVM to enhance oracle’s ability to introduce real-time data on-chain, from external sources and prepare them to be utilized within smart contracts.  Pyth network is oracle based, intending to offer a smooth and convenient service...

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