futures

All bark and some bite. China’s Bitcoin ban puts traders in the ‘fear’ zone

China bans Bitcoin (BTC), again.No, we’re not traveling back in time. On Sept. 24, the People’s Bank of China (PBoC) published a new set of measures to promote inter-departmental coordination on cracking down on crypto activity. The measures intended to “cut off payment channels, dispose of relevant websites and mobile applications in accordance with the law.”Most investors may have missed the $3 billion BTC and $1.5 billion Ether (ETH) monthly options expiry that took place less than one hour before the crypto ban news came out. According to “Molly”, a

TradingView Sees a 237% Increase in Visitors since the Pandemic Started

TradingView, one of the biggest financial portals in the world, witnessed a 400% increase in its membership accounts over the past 18 months after the Coronavirus pandemic sparked. According to CityAM, the site also saw a surge of 237% on visitors, with 550 million unique visitors from 180 countries.“TradingView was created with the belief that educated participation in global markets is the best means of increasing individual financial wellbeing. All of our tools and features work towards this goal of allowing anyone, anywhere, to look, learn, and succeed through trading

Beginners Vs. Experienced: How Both Buy Bitcoin?

Several financial sector regulators, including the US SEC and multinational financial institutions, have classified Bitcoin as an asset. Although it was initially created to serve as a currency, beginner or experienced investors treat BTC as an asset.Different traders – whether beginner or experienced – have different approaches to buying Bitcoin. This article covers how to buy cryptocurrency if you are either beginner or experienced crypto trader/investor.How do Beginners Buy Bitcoin?Mostly Trend FollowingFor beginners, the crypto market can seem overwhelming at first. They are not well-versed in market analysis and the

Kraken Daily Market Report for August 21 2021

Overview Total spot trading volume at $1.74 billion, the 30-day average rose to $1.17 billion. Total futures notional at $325.7 million. The top five traded coins were, respectively, Bitcoin (-1.0%), Tether (0%), Ethereum (-1.8%), Cardano (-0.8%), and USDC (0%). Strong returns from Cosmos (+17%), Energy Web Token (+15%), Enjin (+10%), and Keep (+12%). August 21, 2021  $1.74B traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD  BTC $48865. ↓1.0% $815.3M USDT $1.0007 ↑0.02% $264.7M ETH $3226.2 ↓1.8% $202.0M ADA $2.4383 ↓0.8% $76.5M USDC $1.0 ↑0.0% $52.7M XRP $1.2166 ↓3.6% $43.4M DOT $27.888 ↓0.9% $39.3M SOL $73.808 ↓6.2% $26.9M DOGE $0.3169 ↓3.2% $25.2M ATOM $22.128 ↑17% $20.5M LINK $27.888 ↓2.8% $15.2M LTC $179.7 ↓2.2% $13.6M MATIC $1.5867 ↑2.4% $12.9M ALGO $1.1502 ↑1.3% $11.2M FIL $78.393 ↑7.2% $10.5M OCEAN $0.9659 ↑1.1% $8.5M DAI $1.0004 ↓0.02% $7.77M XMR $288.04 ↑2.1% $7.56M KSM $328.71 ↓4.5% $6.37M EOS $5.3607 ↓1.9% $6.08M KAVA $7.5216 ↑6.7% $5.17M BCH $676.45 ↓2.5% $4.98M AAVE $400.00 ↓2.1% $4.69M FLOW $23.207 ↓1.3% $4.67M XTZ $3.6898 ↓1.0% $4.41M XLM $0.3718 ↓3.4% $4.32M UNI $28.338 ↓1.9% $4.13M ZEC $155.7 ↑1.2% $4.12M ETC $67.658 ↓3.6% $4.02M KEEP $0.434 ↑12% $3.77M SNX $13.06 ↑3.7% $3.7M OMG $6.1523 ↑0.5% $3.69M MANA $0.8745 ↑3.6% $3.59M SC $0.0185 ↓2.2% $3.58M

Kraken Daily Market Report for August 20 2021

Overview Total spot trading volume at $1.69 billion, the 30-day average rose to $1.14 billion. Total futures notional at $408.6 million. The top five traded coins were, respectively, Bitcoin (+5.5%), Tether (0%), Ethereum (+3.2%), Cardano (+0.7%), and Ripple (+2.4%). Ocean (+14%), Ren (+12%), and Icon (+13%) had the strongest gains. August 20, 2021  $1.69B traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD  BTC $49345. ↑5.5% $560.7M USDT $1.0005 ↑0.04% $347.0M ETH $3286.6 ↑3.2% $237.2M ADA $2.4569 ↑0.7% $221.1M XRP $1.2643 ↑2.4% $66.9M USDC $1.0 ↓0.01% $61.9M DOT $28.145 ↑5.9% $53.7M DOGE $0.3273 ↑3.0% $42.9M SOL $78.816 ↑8.3% $31.8M LINK $28.717 ↑6.0% $19.8M MATIC $1.5517 ↑5.4% $13.8M LTC $183.77 ↑4.6% $12.8M KSM $346.3 ↑5.8% $11.2M ATOM $18.959 ↑1.6% $9.03M DAI $1.0006 ↓0.03% $7.76M CQT $1.611 ↑4.9% $7.58M ALGO $1.1380 ↑8.9% $7.14M BCH $694.15 ↑5.2% $6.88M XLM $0.3848 ↑4.8% $6.63M GRT $1.0402 ↑5.5% $5.56M EOS $5.4691 ↑4.0% $5.55M UNI $28.856 ↑3.1% $5.4M SNX $12.593 ↑1.6% $5.38M XMR $282.15 ↑7.3% $5.0M SC $0.0189 ↑3.5% $4.86M ETC $70.115 ↑4.6% $4.64M OCEAN $0.95 ↑18% $4.24M AAVE $406.96 ↑0.3% $3.97M FIL $73.24 ↑3.9% $3.95M OMG $6.1530 ↓0.25% $3.33M MINA $3.24 ↑0.0% $3.14M NANO $6.4115 ↑5.1% $3.12M XTZ $3.7293 ↑2.5% $3.05M KAVA $7.0507 ↑5.3% $2.75M DASH $232.67 ↑5.8% $2.54M OXT $0.3953 ↑4.5% $2.34M TRX $0.0905 ↑2.5% $2.17M

Kraken Daily Market Report for August 19 2021

Overview Total spot trading volume at $1.42 billion, the 30-day average rose to $1.12 billion. Total futures notional at $383.4 million. The top five traded coins were, respectively, Bitcoin (+4.6%), Tether (0%), Cardano (+16%), Ethereum (+5.6%) and Ripple (+7.8%). Most coins had positive returns, especially from Kusama (+16%) and OMG (+19%). August 19, 2021  $1.42B traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD  BTC $46765. ↑4.6% $369.5M USDT $1.0 ↓0.03% $288.1M ADA $2.4398 ↑16% $213.1M ETH $3184.6 ↑5.6% $186.6M XRP $1.2343 ↑7.8% $80.2M USDC $1.0001 ↑0.0% $64.2M DOT $26.583 ↑11% $51.4M DOGE $0.3176 ↑4.9% $50.7M SOL $72.789 ↑0.04% $32.8M ATOM $18.704 ↑3.9% $21.5M LINK $27.08 ↑6.6% $19.2M KSM $327.73 ↑16% $19.2M LTC $175.65 ↑5.3% $10.8M MATIC $1.4713 ↑10% $10.3M CQT $1.5189 ↑21% $8.91M ALGO $1.0443 ↑13% $8.27M DAI $1.0009 ↑0.05% $7.41M XLM $0.3672 ↑7.3% $5.98M EOS $5.2525 ↑5.3% $5.42M LSK $4.8340 ↑9.9% $5.21M UNI $27.976 ↑6.1% $5.11M OMG $6.1626 ↑19% $4.84M XTZ $3.64 ↑8.8% $4.82M XMR $264.08 ↑4.3% $4.56M ETC $67.0 ↑4.8% $4.2M MINA $3.23 ↑3.5% $4.14M EWT $12.030 ↑15% $3.87M OXT $0.3787 ↑5.4% $3.81M BCH $659.98 ↑4.4% $3.77M SRM $7.8420 ↑0.6% $3.7M GRT $0.9804 ↑14% $3.62M SC $0.0183 ↑5.5% $3.36M NANO $6.0991 ↑6.9% $3.35M FIL $70.462 ↑4.3% $3.1M OCEAN $0.8076 ↑6.3% $3.09M TRX $0.0883 ↑4.1% $2.86M

Kraken Daily Market Report for August 17 2021

Overview Total spot trading volume at $1.58 billion, the 30-day average rose to $1.08 billion. Total futures notional at $416.1 million. The top five traded coins were, respectively, Bitcoin (-2.7%), Tether (0%), Ethereum (-4.3%), Cardano (-7.0%), and Ripple (-7.4%) Most coins were neutral, while Ren finished +16%. August 17, 2021  $1.58B traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD  BTC $44672. ↓2.7% $375.7M USDT $1.0 ↓0.03% $324.9M ETH $3011.7 ↓4.3% $279.5M ADA $1.9263 ↓7.0% $103.6M XRP $1.0975 ↓7.4% $91.6M DOT $23.539 ↓3.6% $80.7M DOGE $0.2990 ↓6.3% $65.6M USDC $1.0 ↓0.01% $60.9M SOL $64.18 ↑2.9% $42.6M LINK $26.162 ↓6.4% $29.3M LTC $168.79 ↓5.2% $17.2M KSM $277.11 ↓7.5% $13.8M ATOM $15.998 ↑1.5% $12.1M AXS $72.027 ↑8.7% $11.4M MATIC $1.3513 ↓4.8% $11.3M EOS $5.0626 ↓8.2% $11.3M XLM $0.3413 ↓8.2% $9.79M DAI $1.0008 ↑0.06% $7.62M MINA $3.19 ↓5.1% $7.58M XMR $256.04 ↓4.1% $7.29M ALGO $0.8848 ↓6.4% $6.79M AAVE $380.84 ↓7.8% $6.58M UNI $26.433 ↓9.1% $6.45M BCH $638.13 ↓5.3% $6.34M ETC $62.79 ↓9.2% $6.12M SC $0.0178 ↓8.2% $6.0M KAVA $6.33 ↓1.3% $5.95M FLOW $22.243 ↓2.5% $5.83M GRT $0.8629 ↑1.3% $5.49M FIL $69.37 ↓5.4% $5.03M ZEC $141.33 ↓6.1% $4.9M CQT $1.204 ↓11% $4.64M COMP $447.41 ↓4.6% $4.57M XTZ $3.4067 ↓6.2% $4.4M OCEAN $0.716 ↓3.3% $4.4M TRX $0.0851 ↓4.6% $3.82M QTUM $12.348 ↓6.6% $3.77M NANO $5.8219 ↓6.2% $3.36M WAVES $22.167 ↓6.1% $3.34M OXT $0.3583 ↓6.9% $3.28M

Here’s how Bitcoin spot, derivatives will do, following the expiry

Bitcoin Options are holding steady, despite Friday’s expiries that amounted to over $1B. As predicted a week ago, the expiry event was a smokescreen. In fact, the outcome was the opposite of the anticipated crash on the CME, with Open Interest and Volumes remaining consistent.  According to data from Skew, $7B worth of contracts expired last month on 28 August 2020, with the Open Interest dropping by 32% in less than a week. Recovery wasn’t complete yet, however, and the price on spot exchanges soon dropped 10% within a week of

Here’s Binance CEO’s take on how to ‘sort of slow down crypto-adoption’

When it comes to cryptocurrency adoption, the past year has been dominated by the fact that institutional investors are now pouring into the digital asset market. In light of growing regulatory clarity and products like those offered by Grayscale that make traditional investors feel right at home when dealing with crypto, the last 12 months have demonstrated that the realms of traditional finance and the digital assets market are bridging the gap.In a recent interaction with Charlie Shrem, Changpeng Zhao [CZ], Founder and CEO of Binance, elaborated on how the