Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Leverage
Solana Memecoin Leverage Trading Platform Lavarage Unveils Tephra Points Program
Singapore, Singapore, August 21st, 2024, Chainwire Lavarage, a leading DeFi spot margin trading platform, has announced the launch of its Tephra Points Program, a dynamic initiative designed to reward users for activities such as trading, staking, and community engagement. Introducing Lavarage Lavarage is a pioneering decentralized spot margin trading platform, specializing in a broad range of assets, including long-tail tokens like memecoins. Lavarage was founded with a mission to improve capital efficiency and user experience in DeFi. By creating a…
10 months ago
BTCC Exchange Introduces Up to 50x Leverage on Over 300 USDT-Margined Trading Pairs
VILNIUS, Lithuania, July 26th, 2024, Chainwire In a significant move this July 2024, BTCC has launched up to 50x leverage on over 300 USDT-margined trading pairs. This development follows the successful introduction of 500x leverage on major trading pairs, including BTC, ETH, XRP, SOL, and DOGE. BTCC has now decided to elevate the futures trading experience by increasing the available leverage from 20x to 50x, setting a new standard in the crypto trading world where most exchanges only provide up…
11 months ago
IONET Partners with Aptos to Leverage Blockchain for Transparent AI Asset Records
AI computing protocol IONET has inked a partnership with Aptos Labs. IONET is gradually growing its ecosystem with a series of important partnerships. IONET (IO), a decentralized AI computing and cloud platform has announced a new partnership with Aptos Labs. Through the partnership, IONET aims to explore how blockchain can provide a transparent and immutable record of AI-developed assets and creations. IONET Deploys BC8 on Aptos According to the terms of the partnership, IONET has released its generative AI product…
12 months ago
Notcoin Makes New All-Time High Above $0.02, What’s Next For Cardano and 1000x Leverage DTX Exchange
Following a promising price rally by Notcoin, investors again turn their eyes to Cardano and DTX Exchange for growth. Notcoin’s storming upside movement beyond $0.01 triggered the bull sentiment for ADA and DTX investors to aim for price levels above $1 in the upcoming altcoin summer. Let's explore the factors behind Notcoin's ground-breaking price rally and determine which altcoin from DTX Exchange and Cardano can offer similar gains. Notcoin Tops Crypto Market With 260% Price Hike Several key developments led…
1 year ago
Ethereum Investors Take On Sky-High Leverage: Brace For Volatile Storm?
Data shows the investors in the Ethereum derivatives market have been taking on very high leverage recently, something that could lead to volatility for the asset. Ethereum Estimated Leverage Ratio Has Been At Extreme Levels Recently As pointed out by an analyst in a CryptoQuant Quicktake post, the ETH Estimated Leverage Ratio has been on the up recently. The “Estimated Leverage Ratio” (ELR) refers to an indicator that keeps track of the ratio between the Ethereum Open Interest and Exchange…
1 year ago
Analyst Says Bitcoin Dump Not Caused By Leverage Flushout: $ROE Presale Lures Investors With Massive Profit Margin
A cryptocurrency analyst has made a case for the plummeting Bitcoin (BTC) price, declaring that it has nothing to do with leveraged derivatives. While Bitcoin (BTC) plunges, Borroe Finance ($ROE), a top ICO coin, continues to attract investors to its presale for an opportunity to accumulate massive returns. Discover why Borroe Finance ($ROE) would be the go-to alternative between these top crypto coins. Leverage Flushout Is Not The Reason Behind Bitcoin Dumping, Analysts View James Check, a cryptocurrency analyst at…
1 year ago
Is Bitcoin’s Rally Over? Leverage Drops As Halving Highs Fade: Report
Recent trends in the crypto market have indicated a notable shift in trader behavior, particularly among those investing in Bitcoin. Using data from CryptoQuant, Bloomberg has revealed that the Bitcoin funding rate—the cost for traders to open long positions in Bitcoin’s perpetual futures—has turned negative for the first time since October 2023. This change suggests a “cooling interest” in leveraging bullish bets on Bitcoin, coinciding with the fading impact of major market drivers. Bitcoin Market Dynamics Post-Halving The decline in…
1 year ago
Tether and Toncoin Backers Leverage the E-Commerce Wave with Pushd’s Stage 6 Success Fueling Unprecedented Presale Momentum
The post Tether and Toncoin Backers Leverage the E-Commerce Wave with Pushd’s Stage 6 Success Fueling Unprecedented Presale Momentum appeared first on Coinpedia Fintech News As fans of Tether and Toncoin look to contribute to Pushd’s Stage 6 presale’s success, a synergy between the cryptocurrency and e-commerce industries is emerging. This year should be a historic period, as e-commerce marketplaces merge with the crypto space to transform the trading landscape. Pushd’s presale has gained a lot of attention from the…
1 year ago
Stacks (STX) and Microstrategy (MSTR) are excellent bitcoin (BTC) leverage plays
Out of the traditional, as well as the crypto markets come a stock (MSTR) and a cryptocurrency (STX) that could outperform bitcoin across the rest of this bull market. Both $STX and $MSTR could outperform $BTC Stacks (STX) and Microstrategy (MSTR) are certainly odd bedfellows. One is a cryptocurrency that gives access to a layer 2 built on top of the secure bitcoin base layer, and the other is a multi-billion stock market company that just happens to have Michael…
1 year ago