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SEC and CFTC Unite: Green Light for Crypto on the World’s Biggest Venues

Staff of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) issued a joint statement on Tuesday clarifying that registered exchanges “are not prohibited from facilitating…

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$8.4B and Unbroken: Why Ethereum (ETH) Open Interest Isn’t Cracking Under Price Pressure?

After a week of choppy price action, Ethereum (ETH) declined by another 1.4% today as it struggles to hold fort near $4,300. The derivatives market, however, is showing resilience despite…

Continue Reading$8.4B and Unbroken: Why Ethereum (ETH) Open Interest Isn’t Cracking Under Price Pressure?

Bitcoin Correction Could Deepen Before Recovery as Only 9% of Supply at Loss

Only around 9% of the Bitcoin supply is currently in the red, carrying up to 10% unrealized losses, according to Glassnode. Comparatively, the local bottom of this cycle saw more…

Continue ReadingBitcoin Correction Could Deepen Before Recovery as Only 9% of Supply at Loss