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Crypto

Trader who made $49 million shorting crypto lost $24 million on ether in 12 seconds

Trader who made $49 million shorting crypto lost $24 million on ether in 12 seconds

4 weeks ago by Crypto InsightsCrypto

The Hyperliquid wallet known as pension-usdt.eth was forced out of a 50,000 ETH short as ether surged, with five liquidation orders helping push the price higher during the unwind.

‘It has to pass’: Andrew Cuomo warns U.S. is falling behind on crypto rules

‘It has to pass’: Andrew Cuomo warns U.S. is falling behind on crypto rules

1 month ago by Crypto InsightsCrypto

Former New York Gov. Andrew Cuomo says the CLARITY Act is key to linking crypto and traditional markets.

The crude-diesel price spread is wider than ever. BTC might feel it: Crypto Daily

The crude-diesel price spread is wider than ever. BTC might feel it: Crypto Daily

1 month ago by Crypto InsightsCrypto

The takeaway is that even as oil prices retreat from their second-quarter highs, oil products are getting more expensive. The broader market, including BTC, may not have fully priced that in yet. A second detail is that oil itself may be due for a bounce.… Read More

The SEC meeting that wasn’t: State of Crypto

The SEC meeting that wasn’t: State of Crypto

1 month ago by Crypto InsightsCrypto

Earlier this month, as it became clear that the Digital Asset Market Clarity Act would not receive a vote prior to the Senate’s August recess, industry participants suggested that if Congress didn’t act, regulators could. It wouldn’t be exactly the same; regulators’ actions could be… Read More

Crypto investors are looking past market-cap rankings and back to fundamentals

Crypto investors are looking past market-cap rankings and back to fundamentals

1 month ago by Crypto InsightsCrypto

Perpetual-futures volumes still run at a multiple of spot across most major tokens, while funding, positioning and liquidations set the tone intraday, he said Over the past 12 to 18 months, however, attention has moved from infrastructure toward applications and appchains that fit more familiar… Read More

crypto derivatives traders on Hyperliquid price 4x upside on debut

crypto derivatives traders on Hyperliquid price 4x upside on debut

1 month ago by Crypto InsightsCrypto

The contracts traded just 1.6% apart on average when both markets were active, and traded near $92 and $94 most recently, translating to a more than 300% upside from the IPO price. That fourfold premium also means Unitree could have a blockbuster debut and still… Read More

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