The crypto exchange’s off-shore arm will open perpetuals market for the popular meme coin on April 18. Source
Pepe Coin Spikes on Coinbase International Plan to List Perpetual Futures
Tag: Perpetual
Market of ‘Extreme Greed’ Persists Amid Unprecedented June Bitcoin Perpetual Futures Sell-Off
In the past 24 hours, the cryptocurrency market experienced a modest increase of 2.16% against the U.S. dollar, with bitcoin’s value lingering slightly above the $69,000 threshold. The Crypto Fear and Greed Index (CFGI) indicates that the market’s mood remains in an “extreme greed” phase. Market Sentiment Swings Between ‘Greed’ and ‘Extreme Greed’ Despite Bitcoin’s […] Original
Low-Cap Altcoin Soars Over 100% in 24 Hours Amid Partnerships and Perpetual Contract Listing on Top-10 Exchange
A little-known altcoin has doubled up over the last 24 hours amid new partnerships and perpetual contract listings. New information reveals that data exchange digital asset REI Network (REI) – which aims to be a feeless Web3 protocol – is trading for $0.280 at time of writing, an increase of about 103% during the last day. The crypto’s rise in price coincides with its announcement of numerous collaborations with other crypto and tech firms, such as OpenTaskAI, an artificial intelligence (AI)-focused global marketplace that connects businesses and freelancers. “[REI Network]…
Binance Futures to launch ORDI perpetual contract
Cryptocurrency exchange Binance announced the listing of the ORDI perpetual contract. According to a post on Binance Futures, the platform will launch a USDC-margined ORDI perpetual contract on Feb. 22, 07:00 (UTC), with up to 75x leverage. The maximum financing rate for the ORDIUSDC perpetual contract at launch will be +2.00% and -2.00%. The funding fee calculation frequency will occur every four hours. Users will be eligible for a 10% discount on trading fees for all USDC margined futures contract trades until April 03, 12:30 pm (UTC). Following the news,…
Nischal Shetty of WazirX and Avinash Shekhar from ZebPay Unveil India’s Pioneering Crypto Perpetual Futures Exchange Pi42
Seasoned cryptocurrency professionals Nischal Shetty and Avinash Shekhar have unveiled Pi42, the nation’s pioneering Crypto-INR Perpetual Futures Exchange. The launch of Pi42 marks a milestone in the Indian crypto landscape, offering a compliant platform with a focus on growth and accessibility. Despite India being one of the largest crypto markets globally, local investors have faced limited opportunities in crypto derivatives trading. Pi42 aims to bridge this gap by providing Indian investors with a comprehensive solution that encompasses a diverse range of derivatives while ensuring compliance, tax efficiency, and user convenience.…
Crypto Trading Platform Avantis Opens Perpetual Swaps DEX on Base Network
It seems unlikely that such a crowd would immediately flock to the sort of high-risk leverage trading that Avantis, which offers 75x leverage, says it offers. But plenty did during Avantis’ two-month testnet, which generated over $5 billion in trading from 50,000 wallets, according to a press release. Source
Crypto Startup Velar Plans Perpetual Swaps Exchange for Bitcoin DeFi After Raising $3.5M
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Crypto Market Sentiment Positive Despite BTC’s Price Weakness, CoinDesk 20 Perpetual Futures Show
CoinDesk Indices, a subsidiary of CoinDesk, introduced the CoinDesk20 index on Wednesday. The CoinDesk 20 is a broad crypto market benchmark, representing over 90% of the total value. While bitcoin and ether (ETH) account for just over 50% of the index, other tokens like filecoin (FIL), stellar’s XLM, aptos’ APT, XRP, dogecoin (DOGE), and others make for the rest, making it an S&P 500-like gauge. Source
Swych Finance Releases the Next Generation of Decentralized Perpetual Exchanges
Picture a world where the traditional rules of the game don’t bind cryptocurrency trading. This is where perpetual decentralized exchanges (PDEXs) come into play, a relatively new kid on the block in the grand scheme of DeFi. The market is constantly changing, and perpetual DEXs have been a game-changer, growing their market cap beyond $2 billion. But it’s not been a walk in the park. Despite their innovative approach, these platforms have been nudging for space in a market heavily dominated by CEXs. It’s like David versus Goliath – with…
Open Interest in Bitcoin Perpetual Futures Hits New Yearly Record on Deribit Exchange
The Deribit exchange has recorded a new yearly high for Bitcoin perpetual futures open interest, a record not seen since BTC’s ATH. The amount of open interest in Bitcoin perpetual futures on the Deribit derivatives exchange has hit a new high of $740 million. This impressive level was last seen in November 2021 when Bitcoin hit its $68,000 all-time high. As of this writing, open interest in Bitcoin perpetual futures has fallen to $717 million. A rise in open interest in Bitcoin perpetual futures suggests an increase in funds entering…