Tags : Traders

Blockchain

How DeFi project Archer DAO protects traders from the MEV

Archer DAO combats one of the most criticized problems plaguing the DeFi market today: That of opportunist bots and front-running programs that result in burgeoning GAS costs on networks like Ethereum. The problem Termed ‘Miner Extractable Value,’ the tactic is used by a proof-of-stake miner’s ability to place transactions into each unique block. This allows […]Read More

Regulation

Crypto traders turn to OTC platforms amidst Bitcoin crackdown

Millionaires in China are turning to over-the-counter services to trade and buy Bitcoin and other cryptocurrencies even as the local government says it would crackdown on the sector, as per a report on business outlet Bloomberg today. Rising exchange rate Officials in the country said earlier this month they would hunt down and end mining […]Read More

Market

NANO price spike gives traders a chance to bet against

When Elon Musk’s ‘Bitcoin is bad for the environment’ tweet caused a flash crash of BTC and the majority of altcoins’ prices earlier this week, a handful of digital assets headed in the opposite direction, making huge gains amid the sea of red.  Those were the tokens that market themselves as environmentally friendly capitalizing on […]Read More

Cryptocurrency

Traders lost $200 million trading Dogecoin and Shiba Inu (SHIB)

Dogecoin (DOGE) and Shiba Inu (SHIB) traders lost over $200 million yesterday after Ethereum’s Vitalik Buterin dumped part of his stack, data from markets taken by Bybt shows. While Dogecoin has been memed into supposed legitimacy by the likes of Elon Musk, ‘petcoin’ Shiba Inu went from near-obscurity to temporarily become the world’s twelfth-largest cryptocurrency […]Read More

Market

NewsQuakes boost DOGE hype, while TEL score rings a bell

What can you say about Dogecoin that hasn’t been said before? How about this: Elon Musk’s tweets aren’t the only thing that let the DOGE out. This week, right in the middle of the retail trading frenzy that has turned everyone’s favorite cartoon puppy into a rabid bull-doge, Cointelegraph Markets Pro subscribers had the opportunity […]Read More

Cryptocurrency

Traders lose $46.5 million on first day of SHIB futures

Shiba Inu (SHIB), the meme coin that was launched as a Dogecoin rival back in 2020, zoomed to the top-20 market cap yesterday after a TikTok- and social media-driven frenzy, data shows. Traders, however, lost millions of dollars punting on the currency’s futures. Millions gone SHIB “investors,” as recent as those in the past week, […]Read More

Regulation

Thailand mandates ‘in-person’ KYC for crypto traders

Thailand’s crypto traders will be soon required to be physically present for opening an account at one of the many exchanges and wallet providers based in the country, local outlet Bangkok Post reported today. A growing crypto market The country is a small, but growing, crypto market. As per the local Securities and Exchange Commission, […]Read More

Cryptocurrency

1 million crypto traders see nearly $10 billion in liquidations

Traders saw nearly $10 billion in liquidations on Sunday morning as the crypto market saw a deep pullback, data from markets tool Bybt shows. Over 1 million individual accounts were liquidated. aftermath of today pic.twitter.com/ujSlotcglr — red (@redxbt) April 18, 2021 Wooosh ‘Liquidations’ occur when traders borrow excess capital from brokerages/exchanges (i.e., ‘margin’ or trading […]Read More

Blockchain

Kardiachain’s ‘KAIDEX’ aims to bring DeFi and CeFi to crypto

Traders have become used to the decentralized functionality offered to them through the explosion in DEXs that have flooded the cryptocurrency space this year, but one project wants to bring to blockchain the functionality that traders see in the traditional finance space. Vietnamese blockchain Kardiachain has taken a step towards its goal of launching such […]Read More