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Russian President Putin Says US Dollar-Based Global Financial System Is Collapsing
8.10.2023
Russian President Vladimir Putin has stated that the U.S. dollar-based global financial system is gradually collapsing. “After all, a currency is a derivative of the power of the economy of the country that issues this currency,” Putin noted, emphasizing: “The share of...
Liquid-Staking Token-Backed Stablecoin MKUSD Surges 27,000% in Under a Month
23.9.2023
Since the start of 2023, the size of the stablecoin economy has decreased amid numerous redemptions. However, new stablecoin asset projects, such as Aave’s GHO, First Digital’s FDUSD, and Paypal’s PYUSD, have emerged. On September 1, a stablecoin protocol named Prisma Finance...
Genesis Report: Crypto Derivatives Emerge as the Next Key Growth Driver in 2023
11.8.2023
According to the Q2 2023 report from Genesis Trading, crypto derivatives is set to experience substantial expansion, fueled by a massive decrease in spot market liquidity and a notable trend towards utilizing derivative instruments.
"With spot market liquidity suffering and spot order book depth...
Ethereum Liquid Staking Sees 270,000 ETH Influx in 2 Weeks
30.7.2023
Recent statistics reveal that in the past fortnight, about 270,000 units of ethereum (ETH) were deposited into liquid staking derivative protocols. Currently, these decentralized finance (defi) staking platforms hold an estimated 10.65 million ether locked within their systems. Ethereum Liquid...
Navigating the Wrapped Bitcoin Landscape: 86,000 WBTC Exit Circulation in One Year
29.7.2023
Data reveals that since the start of the year, the count of circulating wrapped bitcoins (WBTC) has diminished, plunging by more than 22,000 WBTC. Notably, a year-long assessment reflects an even more significant contraction, with over 86,000 WBTC evaporating from circulation since last July....
Bitcoin, Ethereum bears are back in control — Two derivative metrics suggest
21.5.2023
Given the uncertainty in the macroeconomic environment, Bitcoin price bulls have no reason to bet against a six-week descending wedge pattern
Crypto Options Liquidity Provider OrBit Markets Offers Bitcoin and Gold-Hybrid Derivative
9.5.2023
The company said the product’s finalized payoff depends on the joint performance of both BTC and its gold-backed token XAUT
Liquid staking solutions now have more TVL than DEXs: DeFi Llama
1.5.2023
From April 13 to May 1, decentralized exchanges declined in TVL by $1.66 billion, while liquid staking protocols increased by $280 million
Crypto Derivative Volumes Rose in March for Third Straight Month
14.4.2023
A report noted an increase in spot DEXs offering derivatives trading on their platforms
Dfinity Foundation Launches Chain-Key Bitcoin, a Native Internet Computer BTC Derivative Token
3.4.2023
On April 3, 2023, the Dfinity Foundation, a development team behind the Internet Computer (ICP) network, announced the launch of a native ICP token called “chain-key bitcoin” or “ckBTC.” The bitcoin derivative is backed 1:1 with the leading cryptocurrency asset....
Bitcoin Spot & Derivative Trading Volumes Surge – Bullish for the BTC Price?
24.3.2023
Bitcoin spot and derivative trading volumes have been surging in the past few weeks in tandem with the cryptocurrency’s aggressive rally from early monthly lows under $20,000.
That suggests there is a lot of conviction behind the recent move higher, which saw Bitcoin eclipse $28,000 this week...
Bitcoin’s Price Drop Causes Over $200 Million in Long Liquidations Across Crypto Derivative Exchanges
3.3.2023
On Feb. 24, 2023, bitcoin’s price remained above the $23,000 threshold and then rose to a peak of $23,829 per unit on March 1. On March 2 at 8 p.m. Eastern Time, the price of bitcoin fell, dropping below the $23,000 mark. This decline resulted in a significant $237.97 million worth of long...
Crypto Market February Roundup: Bitcoin Layer 2 Protocol Stacks, Ethereum Staking Derivative Tokens Surge
1.3.2023
Stacks’s STX token was the biggest winner among 160 assets in the CoinDesk Market Index, soaring 216% during the month
Coinbase hit with proposed trademark lawsuit over Nano derivative products
27.2.2023
NanoLabs has filed a trademark infringement lawsuit against crypto exchange Coinbase for its Nano Bitcoin futures contract and Nano Ether futures contract
Binance Closed Derivative Positions of Some Australian Users, Will Compensate Them for Losses
23.2.2023
Binance's futures trading products were offered to only licensed participants in the region
NFEX Raises $3M Seed Round to Build NFT Derivatives DEX
15.2.2023
PRESS RELEASE. NFEX has completed a $3 Million seed round led by ABCDE Capital and included investment from other well-known institutions including Amber Group and Firestone Ventures. NFEX strives to build the best derivative NFT market, creating new opportunities to attract greater liquidity...
Bitget Expands Innovation Zone With Priority Access to Exceptional Projects
10.2.2023
PRESS RELEASE. Victoria Seychelles, 2023 – Bitget, the leading global crypto derivative exchange, announces to add AI (Artificial Intelligence), Arbitrum, and NFT zone listings to its Innovation Zone for users who would like to expose their crypto portfolio to related tokens in an early stage....
Crypto Derivative Volumes Saw Speedy Growth as Prices Rose in January
8.2.2023
The numbers suggest speculation, not accumulation, was behind sizable gains for bitcoin and ether, according to a report
Wrapped Bitcoin Project Sees 18% Redemption of Circulating Supply in 54 Days
20.1.2023
Statistics show over the course of 54 days, the number of wrapped bitcoin (WBTC) hosted on the Ethereum network has decreased by 40,156. This equates to a more than 18% redemption of the circulating supply of WBTC since Nov. 27, 2022. WBTC Remains Largest Operation in Terms of Bitcoin Custody...
Waves Blockchain Founder Asks Exchanges to Delist WAVES Token Derivative Trading
21.12.2022
Sasha Ivanov, the founder of decentralized blockchain Waves, has asked centralized exchanges to deactivate futures markets tied to its native WAVES token