With Alibaba’s NFT Push, More Investors Will Be Exploring Ways to Leverage Th...
Chinese e-commerce behemoth Alibaba has surprised the crypto world by launching a non-fungible token marketplace. According to the South China Morning Post, Alibaba’s NFT marketplace not only allows users to buy and sell NFTs, but also license intellectual property (IP) copyrighted by blockchain technology. The marketplace is targeting creators such as musicians, writers, artists and […]
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Most traders think futures contracts are only used to place ultra risky high leverage bets, but the instruments actually have a variety of uses. Whenever there's data out on futures contracts liquidation, many novice investors and analysts instinctively conclude that it's degenerate gamblers using high leverage or other risky instruments. There's no doubt that some derivatives exchanges are known for incentivizing retail trading to use excessive leverage, but that does not account for the entire derivatives market.Recently, concerned investors like Nithin Kamath, the founder and CEO at....
Onchain, an open-source blockchain based in Shanghai, will provide technology for Alibaba’s first blockchain supported email evidence repository. Onchain allows fast re-constructions for public, permissioned (consortium) or private blockchains and will eventually enable interoperability among these modes. Its consortium chain product, the Law Chain, will provide technology for Ali Cloud, Alibaba’s computing branch. Ali Cloud has integrated Onchain’s Antshares blockchain technology to provide an enterprise-grade email repository. Onchain provides the bottom-layer framework for Ali Cloud,....
On-chain data shows the Bitcoin leverage ratio has surged up to a new all-time high, suggesting the market could be heading towards high volatility. Bitcoin All Exchanges Estimated Leverage Ratio Sets New ATH As pointed out by a CryptoQuant post, the funding rate has remained neutral while the leverage has increased in the market. The “all exchanges estimated leverage ratio” is an indicator that measures the ratio between the Bitcoin open interest and the derivative exchange reserve. What this metric tells us is the average amount of leverage currently being used by investors....
Twitter is known for its ability to give anyone a voice. The social media monster is now taking a new approach to stay on top, and recently have established a dedicated ‘Crypto’ team, led by Tess Rinearson. She explained that the “new team is focused on crypto, blockchains, and other decentralized technologies” within the crypto world. Lets take a look at what Twitter has said thus far, and what they have in store for the future. Related Reading | Bitcoin Back to $64K?, Why This Time The Bulls Have The Winning Edge Twitters Hits The Ground Running Twitter’s....
New details have emerged about the underlying deal that helped bring Coinbase's bitcoin buying and selling services to 13 European countries. Representatives from Estonia's LHV Bank confirmed that it is serving as Coinbase's banking provider in the region as it seeks to further its own interests in the digital currency space. Notably, LHV Bank had previously announced a project aimed at exploring the potential of block chain technology. Speaking to CoinDesk, Andres Kitter, head of retail banking in LHV Bank, framed the partnership as one that finds the bank exploring ways to leverage....