What is margin vs derivatives trading? - cyptoranking.com

2024-05-09

Popular crypto exchanges(2023 Update) 2024-05-09
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Market analysts propose that the crypto domain is emerging as a crucial space for young, tech-adept investors. This sentiment is resonated by Turpin, who suggests that the ETFs, though not a direct conduit for new capital, have a role in shaping investment perceptions. The crypto wallet address linked to the FTX exploiter moved roughly $36.8 million worth of Ether (ETH) in the last 24 hours amid the ongoing court trials of the defunct crypto exchange’s ex-CEO, Sam Bankman-Fried (SBF).Accounts linked to FTX and FTX.US were drained of $600 million on Nov. 11, 2022, hours after the crypto exchange had filed for Chapter 11 bankruptcy. At the time, FTX general counsel Ryne Miller informed traders about the hack caused by malware:“FTX has been hacked. Chat is open. Please don’t go to the FTX site, as it might download Trojans. Note that some funds were retrieved.”After nearly 10 months of silence, the FTX exploiter began siphoning out the stolen funds, starting with a transfer of 10,250 ETH worth $17.1 million via four addresses between Sept. 30 and Oct. 1, confirms data from Spot On Chain.The exploiter initially held 175,496 ETH ($294 million). However, the current balance in their portfolio has come down to $196.014 million, as shown below.Portfolio balance of FTX exploiter. Source: Spot On ChainSince Sept. 30, a total of 67,500 ETH has been transferred out of five out of the 15 wallet addresses linked to the FTX exploiter. FTX exploiter transferred out 10,250 ETH from address 0x3e9. Source: Spot On ChainOut of the lot, 64,948 ETH ($108 million) was transferred through the THORchain router and 52 ETH (worth $84,000) to the Railgun contract. The remaining 2,500 ETH ($4.19 million) was swapped for Bitcoin (tBTC).Related: September becomes the biggest month for crypto exploits in 2023: CertiKThe trial of SBF in connection with the collapse of FTX began on Oct. 3. The entrepreneur has pleaded not guilty to all seven counts of fraud and money laundering charges.We decided to illustrate the lead-up to @SBF_FTX's trial. Here’s Bankman-Fried's life in the slammer. From mirror monologues to peanut butter banquets, the fall is real. pic.twitter.com/v73IA6d5l2— Cointelegraph (@Cointelegraph) October 3, 2023 What is margin vs derivatives trading?“Simple but effective method. Sharing here so others don’t fall for it.” Solana (SOL) investment product inflows came in second, with $5 million, as the only other asset to show inflows. Per CoinShares, this is its 27th week of inflows, with only four weeks of outflows for 2023, making it “the most loved altcoin this year.” On the flip side, Ether (ETH) products experienced outflows in the amount of $1.5 million. This marks its seventh consecutive week of outflows and, according to CoinShares, solidifies its status as “the least loved altcoin.” Related: CoinShares says US not lagging in crypto adoption and regulationFlows for other altcoin investment products, including XRP (XRP) — which saw more inflows than Solana during the previous week — were negative and minimal. CoinShares analysts attributed the lack of altcoin movement alongside Bitcoin’s trend-breaking momentum to a combination of factors:“We believe the inflows are a reaction to a combination of positive price momentum, fears over US government debt prices and the recent quagmire over government funding.”The quagmire referenced by CoinShares involves the ongoing negotiations over U.S. government funding. Earlier in the previous week’s cycle, fears over a funding bill stalemate led to predictions that the U.S. government would shut down on Oct. 2. However, a last-minute effort by Senate leaders allowed for the passage of a stopgap that ensures funding through Nov. 17. Whether Congress and the president can come to terms to fund the government beyond the current measure’s expiration remains to be seen. Geographically, Germany, Canada and Switzerland led the charge for the week, with digital asset investment product inflows amounting to $17.7 million, $17.2 million and $7.4 million, respectively. Australia and France held the line, metaphorically speaking, with $100,000 for the former and zero for the latter. The United States, however, registered $18.5 million in outflows, with Sweden and Brazil following suit at $1.8 million and $900,000 outgoing, respectively.

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This exclusion has shifted focus towards Bitcoin, a decentralized cryptocurrency, as a possible alternative. Max Keiser, the co-host of RT’s Keiser Report, talked back in 2013 about the benefits of adopting Bitcoin to reshape the Palestinian financial system. Cryptocurrency mining in Uzbekistan is overcoming major changes as the country’s major crypto market supervisor has approved a framework for licensing crypto mining operations. SEC Sees Decentralized Crypto Platforms as Exchanges, Seeks Public InputThe month’s positive end preceded a number of ether (ETH) futures ETFs that went live Monday. Yet despite initial optimism, those vehicles performed modestly out of the gate. On Tuesday, Binance announced the delisting of XRP/BUSD liquidity pools and 11 other select trading pairs slated for October 17. This is part of its ongoing strategy to discontinue the BUSD stablecoin offering and expand support for the replacement XRP/FDUSD pool.

The introduction of ether futures ETFs might reduce market volatility, but could also dampen ether’s performance potential. Bloomberg Intelligence analysts suggest that such a trend typically emerges as an asset class matures. Bitmain issued a notice on Oct. 3 detailing the suspension of partial September salaries due to the company's financial challenges. USDT Issuer Tether Invests $1B in World's Largest Bitcoin Mining Site in El SalvadorPresently, Fluid is in its preliminary testing stages. The team expects to finalize the audits by the end of November and is planning a bug bounty event in December. The official release of the protocol is projected for January. With regards to ETH’s performance over the past day, CoinMarketCap indicated that the cryptocurrency saw its price slip by more than 2%. This meant that ETH was worth about $1,590.78 at press time. Meanwhile, ETH’s 24 hour trading volume experienced a 125.99% surge throughout the past day, which left it standing at $7.29 billion.

In a space where past trends can sometimes indicate future outcomes, ETH’s price behavior, when viewed against BTC, offers a tale of potential concern. On the project’s Discord server, a member of Ordswap’s team and users reported that for a time, the website featured a button prompting users to connect their crypto wallet in an apparent attempt to phish users. OKX Unveils Meme Token Voting Event and Its Partnership with BitKan to Provide Better DerivativesTotal value locked (TVL) in USD. Source: DeffiLama Possibilities of Non Fungible Tokens (NFTs) in Metaverse

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