Bitcoin Volume Gains Traction After 24-Hour Roller-Coaster Ride
Bitcoin prices have been on a roller-coaster ride since Sunday afternoon after the Federal Reserve slashed rates a full percentage point and promised to pump $700 billion into the U.S. economy. But now bitcoin volume is picking up.
Down 26%: Bitcoin Sees Worst Sell-Off in 7 Years as Coronavirus Spurs Flight to Safety
Bitcoin suffered its biggest drop in seven years, as fears over the spreading coronavirus triggered a new wave of selling in everything from stocks and junk bonds to cryptocurrencies.
Bitcoin's Crash Triggers Over $700M in Liquidations on BitMEX
Bitcoin’s flash crash on Thursday triggered the most long-short liquidations on crypto derivatives exchange BitMEX in 16 months.
Ether Suffers Record-Setting 33% Drop Amid Global Market Turmoil
Ether fell from $197 to $132 in early morning trading Thursday.
Yields of 25% to 42% Lure Lenders Back to DeFi Platform bZx
Lenders and depositors are coming back to bZx, as the decentralized protocol for margin trading offers significantly higher yields on ether deposits compared to its peers.
Bitcoin Price Falls After One-Hour Volume Spike
An hour of high volume trading on Tuesday resulted in bitcoin trading lower, giving back nearly half of the previous day’s gains.
Ether Futures Volume on FTX Hit Record Highs
Antigua-based crypto derivatives exchange FTX saw record volumes in ether futures on Wednesday amid a sell-off in the cryptocurrency’s price.
The 3 Factors Fueling Ether’s 2020 Rally
Several factors could explain ether’s spectacular gains and determine whether they will continue.
Ether Futures Volume Highest Since June 2019
As ether’s price rose to seven-month highs on Wednesday, the aggregate daily volume in ether futures exceeded $4.5 billion for the first time since June 27, 2019.
Options Market Sees More Risk in Ether Than Bitcoin in Coming Months
Ether will face more volatility than bitcoin over the next six months, according to how options have been priced in recent weeks.
