Crypto traders say negative funding rates are buy signals, but are they?
Celebrity traders on Twitter frequently cite negative funding rates as a Bitcoin buy signal, but does data support this point of view? Go to Source Powered by WPeMatico
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Celebrity traders on Twitter frequently cite negative funding rates as a Bitcoin buy signal, but does data support this point of view? Go to Source Powered by WPeMatico
Ethereum price soared to $4,200 but derivatives data reflects a decline in the bullish sentiment of Ether futures and options traders. Go to Source Powered by WPeMatico
The volume on Ethereum futures flipped Bitcoin’s after hitting a new record at $10 billion, and derivatives data suggests further upside for Ether price. Go to Source Powered by WPeMatico
Stanford University has launched an initiative that will be dedicated to the research and development of blockchain technology. The Center for Blockchain Research was announced on June 20 and will seek to address the legal, practical and societal challenges that keep blockchain from mainstream adoption. It will also develop a curriculum which will facilitate the … Read more
As cryptocurrency works its way toward mass adoption, one of its biggest obstacles is volatility. Markets change overnight, and we’re so desensitized to it that we don’t even blink at dips that would bring national economies to their knees. Stablecoins – cryptocurrencies that are tied to existing currencies or commodities like the US dollar or gold – are fungible, easily … Read more
When it comes to Bitcoin, the main barrier to mainstream use is the volatile price. Microsoft started accepting Bitcoin, then stopped, and then welcomed it back. Bitcoin, which was intended to solve the currency inflation problem, has rather turned into a means of storing value. It’s too precious and too unpredictable for real-world usage. The crypto community … Read more