Ethereum Funding Rates Flip Neutral as Rally Kicks Off; Next Stop $710?

Ethereum has been flashing some immense signs of strength throughout the past few days, with it starting to gain ground against Bitcoin Much of this strength came about following the cryptocurrency’s push past $500 earlier this week In the time since, it has been growing strong and is now positioned to make a move higher […]

Crypto derivatives volume more than triples spot trading

The digital asset industry as a whole looks significantly different than it did three years ago. A Wild West-esque year, 2017 boasted astronomical asset price increases and booming fundraises amid underdeveloped regulation. Some elements of 2017, such as initial coin offerings, have largely died off. Other niches, such as derivatives trading, have since experienced watershed […]

DeFi indexes crash despite strong fundamentals

Binance Futures’ DeFi Composite Index has lost half of its value since launching, while TokenSets’ DeFi Pulse Index is down by one-third. On August 28, Binance Futures launched its DeFi Composite Index, a basket of DeFi tokens that initially comprised 27% Chainlink (LINK) and 11% Aave (LEND) alongside nine other prominent DeFi tokens that made […]

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