Bitcoin price eyes $65K breakout as BTC exchanges reserves fall to 2018-lows

Decreasing reserves mean a decline in Bitcoin supply for selling, altcoins purchasing, and margin trading. Bitcoin's (BTC) ongoing price rally above $64,000 has coincided with a substantial drop in its reserves across all exchanges.According to data provided by CryptoQuant — a South Korea-based blockchain analytics service — the amount of Bitcoin held in exchanges' wallets dropped to as low as 2.379 million BTC earlier this week, the lowest in more than three years.

Celsius & MoonPay Ride Unicorns, Blockchain.com Launches Margin Trading + More News

nt group. The transaction will reflect a valuation of more than USD 3bn for Celsius, the company

Blockchain.com exchange debuts Bitcoin margin trading

Gold-verified users of Blockchain.com exchange in over 150 countries will now be able to trade Bitcoin with up to 5x leverage. Bitcoin (BTC) wallet and exchange platform Blockchain.com has announced the introduction of margin trading services.In a blog post issued on Tuesday, Blockchain.com stated that Bitcoin margin trading had been a regular request from users since launching its exchange service in 2019.According to the announcement, the platform will launch margin trading for the Bitcoin-United States dollar (BTC/USD) pair with up to 5x leverage.The exchange’s Bitcoin margin trading service will be available to users in about 150 countries, with significant exceptions for Italy, France, Canada and the United States.

The CFTC Fines Kraken $1.25M for Offering Unregulated Margin Trading

US crypto exchange Kraken has been hit with a hefty fine by the Commodity Futures Trading Commission (CFTC) for illegal crypto products.

DeFi farmers boast about gaming dYdX airdrop as prices surge

DeFi farmers are claiming to have made hundreds of thousands of dollars by gaming dYdX ‘s recent airdrop. As dYdX’s governance token gains amid speculation that Chinese traders could be migrating to the derivatives DEX, savvy DeFi farmers are claiming to be sitting on six-figure stashes after gaming the protocol’s recent airdrop.DYDX has gained 85% in two days as reports claim that China’s crypto traders are converging on the decentralized margin trading protocol as Beijing moves to further crack down on digital assets.DYDX/USD: CoinGeckoThe exchange’s governance token was airdropped to users on Sept.

Bitcoin Suffers As Mid Caps Cryptos Establish Market Dominance With Wide Margin

Bitcoin has now seen declining prices following the El Salvador Bitcoin law.

$1K Invested in Solana In January 2021 Worth $138K Today: FTM ROI Follows

Investors fortunate enough to purchase $1,000 of certain cryptocurrencies would have expanded their portfolio by a margin of 100x in months.

‘Who was selling? Not HODLers’ — New data hints at Bitcoin crash ‘culprit’ amid leverage wipe-out

A classic dichotomy between hodlers and leveraged traders sets this week’s Bitcoin price dip apart from the coronavirus crash of March 2020. Bitcoin (BTC) crashed by $9,000 in hours on Tuesday thanks to a mass unwinding of leveraged traders and borrowers, one analyst believes.In a series of tweets on Wednesday, Willy Woo sought to get to the bottom of what made BTC/USD dive to lows of $42,800 on Tuesday.Woo: Bitcoin margin borrowers and open interest may be to blameWith rumors flying over who was behind Bitcoin’s major price dip, analysts have been crunching data in order to understand where the rout began.Analogies to the March 2020 crash, sparked by coronavirus measures, abound, but Tuesday’s event showed major differences, Woo said.“Leverage markets sold off but investor buying just got stronger,” he summarized.“BTC flash crashes are caused by deleveraging, the COVID crash was similar in that derivatives overreacted, but back then it was supported by investors.

CEX.IO Broker becomes the first zero-commission crypto Margin Trading platform

CEX.IO Broker is delighted to announce that it has eliminated all fees and commissions, becoming the first commission-free crypto margin trading platform in the world with this unprecedented move. The post CEX.IO Broker becomes the first zero-commission crypto Margin Trading platform appeared first on AMBCrypto.

Japan’s Rakuten To Relist XRP Margin Trading

Rakuten’s crypto-arm is about to bring XRP back to its trading platform.

Japan's Rakuten Wallet to resume XRP margin trading next week

While Ripple Labs and XRP continue to face scrutiny in the US, other countries and agencies might soon look at the latter more favorably.

Margin Trading on DIFX Platform

Disclaimer: The text below is a press release that was not written by Cryptonews.com. The unprecedented growth of Blockchain technology has been accompanied by several new revolutionary concepts.

Bears lick their paws while Bitcoin price blasts through $46,000

Derivatives data show the market is dominated by longs and that top traders added leverage as BTC price rallied to $46,300. Bitcoin (BTC) hiked 20% in seven days in an unexpected move that brought the price to its highest level since May 18.

Crypto derivatives exchange Bitget to list USDC as collateral for margin trading

The Singapore-based crypto trading platform has inked a partnership with stablecoin issuer Circle. Derivatives exchange Bitget is set to become one of the first exchanges to list USD Coin (USDC) as collateral for trading crypto derivatives.The development comes courtesy of a strategic collaboration between the Singaporean crypto derivatives trading service and USDC stablecoin issuer Circle, as reported by Crowdfund Insider on Monday.Bitget will support USDC margin for Quanto Swap Contract trading as part of the partnership, a move the exchange says will provide more liquidity for the market.

Binance Margin Sets Date to Delist AUD, EUR & GBP Pairs as Regulatory Pressures Mount

Binance Margin is set to delist some trading pairs pegged with the AUD, EUR, and GBP fiat currencies, effective on August 10th.

Crypto Exchange Binance To Delist Euro, Pound Sterling and Australian Dollar-Paired Margin Trading

The global crypto exchange Binance plans to delist margin trading pairs with the Australian dollar (AUD), pound sterling (GBP) and euro (EUR).

Binance Delists AUD, EUR, and GBP Margin Trading Pairs Amid Regulatory Hurdles

Binance announced today that it will delist all AUD, EUR, and GBP cross and isolated margin pairs from its platform.

Crypto Exchange Self-Regulation Kicks In as Regulators Start to Kick

Source: Instagram, Binance It appears that the crypto industry is increasingly turning to self-regulation as the rope of regulators threatens to tighten firmly around it - and the trend hasn't missed a major decentralized exchange either. Major crypto derivatives exchange FTX CEO Sam Bankman-Fried announced that the exchange decided to limit the amount of margin-trading debt traders can wager

Binance to delist EUR, GBP and AUD margin trading pairs

“All of your margin balance may be liquidated in the event of extreme price movement,” Binance stated. Global cryptocurrency exchange Binance continues restricting support for some of its trading services amid an ongoing regulatory crackdown.Binance officially announced Monday that the exchange would delist margin trading pairs for three fiat currencies, including the Euro (EUR), the Australian dollar (AUD) and the British pound sterling (GBP).According to the announcement, Binance will suspend mentioned fiat trading pairs on Aug.

FTX Slashes Leverage Limit from 100x to 20x — Community Suspects Competitors Will Follow Example

FTX CEO Sam Bankman-Fried told his Twitter followers on Sunday that his crypto exchange has lowered its margin trading limit from 101x to 20x.

Survey finds most El Salvador citizens are skeptical of making BTC legal tender

More than half of Salvadorans surveyed don’t seem as keen as their president to adopt Bitcoin. According to a newly released survey, up to three-quarters of Salvadorans are skeptical over President Nayib Bukele’s Bitcoin adoption plans.The survey, which polled 1,233 people across El Salvador between July 1 and 4, revealed that only 20% approved of the plan to make Bitcoin legal tenderThe survey, which has a margin of error of 2.8%, was conducted by researcher Disruptiva, which is affiliated with Francisco Gavidia University.

Bitfinex shorts crumble, bears capitulate after Bitcoin holds above $30K

$726 million in Bitfinex shorts were quickly closed after Bitcoin price bounced at $30,500, leading traders to speculate whether bears have given up.

Data fails to conclude that Bitfinex shorts are depressing Bitcoin price

A significant surge in Bitfinex short contracts is being attributed to Bitcoin’s current downturn but there are other major factors at play. One of the most common errors traders make when analyzing cryptocurrency markets is taking an exchanges' bid and ask data and traded volumes at face value.

Bad call? Bitfinex bears closed a block of Bitcoin shorts before the drop below $32K

Bitcoin short positions at Bitfinex soared as BTC price dropped below $40,000, so why did the majority of them close before the largest part of the correction? Bitcoin price is still in a rut, trading near $33,000 and trapped in a downtrend that just seems to get worse with the passing of each day.

Crypto Exchange Kraken Disables Margin Trading for Some US Residents

The crypto exchange's decision to restrict margin trading comes as a result of "regulatory guidance."

Crypto Twitter says traders are short Bitcoin, but data shows otherwise

A growing number of analysts have flipped bearish on Bitcoin and expect a significant price drop, but analyzing data from the perpetual futures and options markets uncovers a contrasting narrative. Margin trading allows investors to borrow stablecoins or cryptocurrency to leverage their position and improve the expected return.