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Ad ETC Group, a digital asset-backed securities provider, announced today that it would list Europe’s first index-based crypto ETP based on an index from Morgan Stanley. The ETP will be based on the MSCI Digital Asset Select 20 ETP and is set to launch on Germany’s Deutsche Börse XETRA in April. MSCI developed the index…
Latest Report Is the crypto bottom in? On-chain says yes, macro says pain occurs after the fed pause Is Bitcoin poised for a new low or has the bottom been set at $15,500? CryptoSlate analyzed on-chain and macro data to present both sides of the argument. Andjela Radmilac · 3 days ago
Out of all the crypto derivative products, perpetual futures have emerged as a preferred instrument for market speculation. Bitcoin traders use the instrument en masse for risk hedging and capturing funding rate premiums. Perpetual futures, or perpetual swaps as they’re sometimes referred to, are futures contracts with no expiration date. Those holding perpetual contracts are…
Trading volume on decentralized exchanges (DEXs) hit $32 billion within seven days in mid-November, recording another high since early June this year. This came after an explosive, tumultuous week in the crypto industry, which drove many investors — both seasoned and new alike — to take refuge in self-custodial, permissionless and decentralized trading platforms. A…
Looking at Bitcoin and Ethereum derivatives shows that they have been affected by the FTX fallout, with data analyzed by CryptoSlate showing that over 160,000 BTC has been unwound since the beginning of October. This data indicates that roughly $3 billion worth of futures contracts have been closed out in two months. Cryptocurrency derivatives are an…
Wallstreet banking giant JP Morgan & Chase believes there are significant changes coming to the crypto industry in 2023 in the form of regulation, which will likely cause a convergence between crypto and the traditional financial industry, according to its latest Global Markets Strategy report. Major changes coming to the crypto industry in 2023 pic.twitter.com/qW6cHLyc6N…
According to data shared by crypto influencer John Brown, 91% of Bitfinex exchange’s reserves are Bitcoin (BTC) and Ethereum (ETH). Coinbase follows Bitfinex as a close second by having 63% of its reserves in Bitcoin and Ethereum, according to additional information added by Brown. The ratio of reserves held in BTC & ETH differs strongly…
As the market took a tumble over the past 12 hours, total liquidations reached $294.78 million, Coinglass data shows. Total liquidations over the past 24 hours stood at $339.29 million at the time of writing. The crypto market took a turn for the worse when FTX token (FTT) began losing its value rapidly after a…
Three Arrows Capital (3AC) liquidation court filings show that Deribit was one of the creditors that pushed for the crypto hedge that made the liquidation move, Financial Times reported on July 1. Three Arrows Capital suffered heavy losses in the recent market downturn, which prompted insolvency calls. These heavy losses affected its ability to disburse…