Day: 28 December 2023

Weekly overview

Kraken’s US Perpetual Futures Can Leave Traders Owing Money After Liquidation

1 hour ago bitscoiner

Most cryptocurrency perpetual futures traders assume liquidation is the worst-case scenario. The position is closed, the posted margin is lost, and the trade is over....

Weekly overview

Meta Builds “Arena” Prediction Markets App to Take on Polymarket and Kalshi

1 week ago bitscoiner

TLDR: Meta CEO Mark Zuckerberg has tasked an internal team with building Arena, a standalone prediction markets app. Arena will use a points-based system at...

Weekly overview

XRP Holds Key Support After 68% Drop, Traders Eye Next Move

1 week ago bitscoiner

TLDR: XRP trades at $1.13 after a steep 68% drop from its prior $3.66 cycle peak. 24-hour trading volume rose 4.83%, reaching a total of...

Weekly overview

HYPE ETF Defies Market Gravity as BTC and ETH See Net Outflows

1 week ago bitscoiner

TLDR: HYPE ETFs drew $31.4M inflows equal to 0.208% of market cap, leading relative ETF demand. HYPE outpaced SOL on relative inflow rate while BTC...

Weekly overview

Why Staying Updated on Cryptocurrency Markets Is More Critical Than Ever

2 weeks ago bitscoiner

The global economy moves at a pace that was unimaginable even a decade ago. Interest rate decisions, inflation reports, geopolitical conflicts, and regulatory shifts can...

Weekly overview

Kraken Launches Crypto Perpetual Futures Trading in the US Through Kraken Pro

2 weeks ago bitscoiner

TLDR: Kraken now offers CFTC-regulated crypto perpetual futures directly to eligible US traders via Kraken Pro. The launch follows Kraken’s acquisition of Bitnomial, a licensed...