With the bear market in full throttle, crypto derivatives retain their popula...
"Derivatives provide opportunities to protect their portfolios during times of heightened market volatility," says Emerson Li, brand lead at BingX. The 2022 cryptocurrency bear market has been the worst on record as most Bitcoin traders are underwater and continue to sell at a loss. In response to the rapid decline of token prices, some investors have fled to safe-haven assets; some have exited the market completely and others have perplexingly turned to the enigmatic market of crypto derivatives. With regards to this, Cointelegraph spoke to BingX's brand lead Emerson Li. BingX is a....
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Under normal circumstances, it’s harder to make money during a bear market than in a bull run, unless one wants to explore derivatives and leveraged trading. That situation is a bit different in the cryptocurrency world. Current market conditions are an excellent time to explore staking opportunities for one’s crypto assets. Bear Markets Are An […]
The struggle to stay in the top 10 has been getting harder for Dogecoin in recent times. This list which comprises the largest coins based on their market cap, has seen entrants come and go, but Dogecoin has managed to retain its position here for the longest time. That is until the bear market had […]
Bull Bear Strike Token – the revolutionary product is dubbed as the crypto “perpetual futures killer” Founded by the ex-OKEx COO – Andy Cheung – who actively led OKEX to be a top-tier derivatives exchange, ACDX — an advanced crypto derivatives exchange is launching the world’s first crypto structured product today. Coined as Bull Bear […]
Crypto derivatives exchange ACDX is rebranding to “BBS.exchange”. Same as the exchange’s unique offering, the new name, BBS, also known as Bull Bear Strike Token, is the world’s first crypto structured product. The new image reflects the commitment of the exchange to derivatives innovation, and their mission of bringing more traders into derivatives with simple products. The company’s official announcement reveals that BBS trading has gone live for over a year. It said “it has become our top trading product. BBS has no complex calculations. Unlike futures, it has a clear liquidation level.....
On-chain data shows the Bitcoin NUPL metric currently has values that would suggest the bear market is yet to hit in full swing, if the coin is in one. Bitcoin NUPL Value Still Not As Low As Previous Bear Markets As pointed out by an analyst in a CryptoQuant post, the BTC NUPL metric suggests market hasn’t neared a bear market bottom yet. The “net unrealized profile/loss” (or NUPL in short) is an indicator that tells us about the ratio of profit and loss in the Bitcoin market. The metric’s value is calculated by taking the difference between the market cap and the....