CoinGlass data shows that in the last 24 hours, $116.38 million worth of futures bets were liquidated, with $85.68 in bullish long positions.
European eToro Traders Call Foul Over Closure of Leveraged Crypto Contracts
Traders in Europe are threatening legal action against eToro for allegedly closing their leveraged crypto positions without enough notice.
Spot Markets, Not Leverage, Fuel Bitcoin’s Price Rally Amid Mild Derivative Liquidations
Derivatives’ role in bitcoin’s rally is “muted” this time, said one trader.
Crypto Exchanges Must Stop Acting Like Casinos in Wake of Robinhood Suicide: bitFlyer COO
Crypto exchanges need to do more to protect customers and prevent tragic deaths in the wake of the Robinhood suicide, believes bitFlyer COO Joel Edgerton.
First Mover: U.S. Arms of Binance, FTX Push Into Margin Trading, But Likely Not at 100x
Binance.US and the soon-to-launch U.S. unit of FTX aim to offer cryptocurrency margin trading in the American market, but won’t be able to provide leverage to the degree offered by overseas competitors.