A Maverick of all Coins - Minimizing Loss When Bitcoin Price Drops
Bitcoin investors were hammered by the price drop and the bearish trend that has been overwhelming the market over the past 3 months. The high volatility of bitcoin is a giant hurdle that limits the acceptance of bitcoin as a currency because the price of a currency must be stable enough in order to be suitable for use on a wider scale. On the other hand, the high volatility of bitcoin can be tempting to a large number of traders who believe that "With big risks come great profits", so how can we minimize losses secondary to bitcoin price drops? Looking Into Bitcoin's Volatility: A close....
Related News
On-chain data shows the percentage of the Bitcoin supply in loss has surged to almost 50% now as the crypto’s price tumbles below $20k. 49.94% Of The Total Bitcoin Supply Is Now Holding Some Loss As pointed out by an analyst in a CryptoQuant post, the drop below $20k has now put almost 50% of the supply underwater. The “percent supply in loss” is an indicator that measures what part of the total Bitcoin supply is currently in the red. The metric works by checking the transfer history of each coin on the chain to see what price it was last moved at. If the previous selling....
Maverick, a permissionless crypto derivatives trading platform, announced today that it has gathered $8 million in its strategic funding round. Led by Pantera capital, this funding round attracted other cannon-VCs, including the Gemini Frontier Fund, Circle Ventures, Jump Crypto, Coral Ventures, GoldenTree Asset Management, Spartan Group and the Tron Foundation. According to the press release, […]
On-chain data shows Bitcoin short-term holders are increasingly selling at a loss following the latest crash in the crypto’s price. Bitcoin Short-Term Holder SOPR Dips Further Below One As pointed out by an analyst in a CryptoQuant post, on-chain data shows that the STH SOPR has decreased to July levels, suggesting that short-term holders are increasingly realizing their losses. The Spent Output Profit Ratio, or “SOPR” in short, is a Bitcoin indicator that tells us whether investors are selling at a loss or a profit during a given period. The metric’s value is....
Directional liquidity pooling is a new way for liquidity providers to add liquidity to exchanges while avoiding impermanent loss. Modern decentralized exchanges (DEXs) mainly rely on liquidity providers (LP) to provide the tokens that are being traded. These liquidity providers are rewarded by receiving a portion of the trading fees generated on the DEX. Unfortunately, while liquidity providers earn an income via fees, they’re exposed to impermanent loss if the price of their deposited assets changes.Directional liquidity pooling is a new method that is different from the traditional....
Altcoins like Algorand and Solana have recorded some of the highest losses following the market crash. This has been apparent in the performances of these digital assets in the past week. While the market at large had experienced dips, Algorand, Solana, and Hedera had led the pack for the worst performing coins for last week. Altcoins Suffer Massive Losses The crash which started with the top coin, Bitcoin, had inadvertently spilled over onto altcoins. Most had suffered greatly with the highest losses being recorded across digital assets such as Algorand and Solana. These cryptocurrencies....