What do you think of the Ethereum stablecoin synthetic dollar project @Ethena newly launched on Binance launchpool? In terms of data, it has accumulated more than 1.5 billion US dollars in assets in 3 months since its launch, and the market expectations are extremely hot.
JinseFinanceCryptocurrencies face a potential short squeeze, with Bitcoin and Ethereum in focus. Bitcoin's liquidity pool at $49,281 raises concerns, while Ethereum eyes a short squeeze at $2,700. The market's unpredictability emphasizes the need for caution and understanding that outcomes can shift rapidly.
Cheng YuanInvestor enthusiasm on Binance Futures, reflected in the soaring long-short ratio, raises questions about the sustainability of the bullish trend. As Bitcoin experiences fluctuations, traders are advised to exercise caution, considering potential liquidation risks in a dynamically evolving market.
Cheng YuanSantiment predicts potential surges for AXS and BCH due to increased short positions. Short liquidations could act as a catalyst, driving prices upward. Despite recent positive trends, BCH faces challenges in the early weeks of the year. The crypto market's complexity is evident as factors like sentiment play a crucial role.
BerniceLookonchain tweeted "A giant whale address borrowed 20 million CRV from Aave and transferred 10 million CRV to OKX.
TristanCRV is trading inside a descending parallel channel. It broke down from the $0.58 horizontal support area.
BeincryptoOne Twitter user claimed that they are at “war” with the shorts while encouraging others to post more content about the short squeeze.
CointelegraphOn-chain data shows Bitcoin funding rates have sunk into deep negative values, something that could pave way for a short ...
BitcoinistBnkToTheFuture co-founder Simon Dixon has proposed a recovery plan similar to the solution offered to Bitfinex after its Bitcoin hack in August 2016 – allowing customers to be compensated for their losses through tokens tied to the platform’s recovery.
CointelegraphTwo ETF issuers filed two new and innovative applications for an inverse fund and a leveraged fund.
Cointelegraph