BIGTIME, ORDI Tokens Lead Nearly $250M in Altcoin Liquidations
Altcoins futures took a hit Monday as sudden volatility liquidated both longs and shorts, causing unusually high liquidations on some lesser-known tokens.
Futures
XRP Futures Traders Nurse $7M Loss as BlackRock ETF Rumor Causes Wild Price Swings
XRP prices jumped to 73 cents from 65 cents in 25 minutes after a tweet suggested financial behemoth BlackRock had filed for an XRP ETF in the U.S.
Bitcoin ETF Excitement Drives Wall Street Giant CME Above Binance in BTC Futures Rankings
CME’s rise to the top rank highlights the growing institutional demand for bitcoin, as the venue is almost exclusively used by large traditional financial institutions, one analyst noted.
Pantera, Susquehanna and HashKey Back DEX SynFutures With $22M Funding
The funding round was led by Pantera Capital, and included participations from Susquehanna International Group and HashKey Capital.
Valkyrie Gets Approval to Start Buying ETH Futures For its Existing Bitcoin ETF
The fund’s new strategy to combine ether and bitcoin will be effective formally on Oct. 3.
Single Trader Lost $55M on Ether Long Yesterday
That was nearly 30% of all liquidated futures on Binance, the data shows.
A Bitcoin Warning Signal Blares From Surging Interest in Shiba Inu
SHIB meme coin signals trouble for bitcoin’s price (Atsuko Sato)
ProShares Says Bitcoin ETF Has Matched BTC Price Closely, ‘Roll Cost’ Concerns Are Unwarranted
Interest on the ETF’s cash balances helps offset the cost of rolling from one set of futures to the next, ensuring a low tracking error, the firm said.
Bitcoin Futures Attract Biggest Bets Since Terra’s Collapse
Open interest has surged to $11 billion to its highest level in over a year.
Pepe Coin Shorters Lose Millions as PEPE Jumps to $900M Valuation
The market capitalization for the tokens jumped to nearly $900 million as the frenzy seems neverending.