Binance Australia Derivatives reportedly closes accounts and positions for some users
Binance Australia Derivatives incorrectly classified end users as wholesale investors, according to an investigation into its onboarding services.
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Binance Australia Derivatives incorrectly classified end users as wholesale investors, according to an investigation into its onboarding services.
ETH derivatives data shows bullish traders becoming more comfortable with the $1,700 price level, creating an opportunity for further rallies.
Bitcoin price continues to press higher this week as demand for stablecoins and a key BTC price metric suggests bulls have a “healthy appetite.”
Bitcoin price hit a year-to-date high near $19,000 as pro traders used leverage to propel the pump, but derivatives data hints at reasons for BTC price to retest $17,300.
Ethereum whales are market makers are no longer charging excessive premiums for protective put options, a sign that ETH price could be en-route to new highs.
The BTC futures premium remains a topic of concern, but it appears that traders are starting to price similar risks for the upside and downside.
Following the fallout of FTX, implementing zero fee BTC trading and some notable global acquisitions Binance’s market dominance has surged throughout 2022.
Derivatives played a major role in the last bull market and it’s highly likely that they will be integral in the market’s evolution in 2023.
Reasons for bearishness include U.S. Federal Reserve tightening, the absence of leverage buyers' demand, and fearful BTC option traders.
BTC bears are outnumbered based on open interest volume, but bulls' hopes of $20,000 before 2023 have already been hampered.