Coinbase International Exchange imposes a 10x leverage limit on popular perpetual futures, impacting major cryptocurrencies. Traders face market adjustments, with BTC, ETH, LTC, SOL, and XRP showing declines. Risk management measures include DIM requirements, regularly reviewed to balance access and systemic risks. The exchange, launched in Bermuda, emphasizes regulatory compliance and transparency.
SanyaCardano faces a price decline following Coinbase's introduction of perpetual trading. Regulatory uncertainties contribute to challenges for Coinbase. Despite progress, ADA's market situation shows a decline in price and trading volume. Social sentiment and development activity around ADA have also witnessed negative trends. The MVRV ratio indicates fewer profitable addresses holding ADA. The introduction of Cardano's AI chatbot, Girolamo, presents a potential solution and a forward-thinking approach to uplift the platform. The long-term impact of these developments remains uncertain amidst current market challenges.
BerniceIt seems as if the futures market of Bitcoin (BTC) is bigger than ever as investors keep piling on bets, despite the rise and decline in the world’s largest cryptocurrency.
Finbold
CointelegraphAccording to news on July 11, the encrypted lending platform Celsius hired Kirk land & Ellis LLP lawyers, replacing AkinGump Strauss Hauer & FeldLLP lawyers hired last month after Celsius ceased operations.
链向资讯Binance suspended withdrawals for LUNA and UST amid the UST stablecoin losing its peg to the U.S. dollar on Tuesday.
Cointelegraph