Hedge funds have been aggressively shorting ether (ETH) during the recent uptick to $3,000 as they attempt to harvest a yield by carrying out a basis trade.Hedge funds are shorting…
Key takeaways:Bitcoin derivatives show reduced demand for downside protection, suggesting renewed investor confidence.US import tariff hikes on Japan and South Korea intensified recession fears, boosting Bitcoin’s appeal as a hedge.Bitcoin…
XRP has seen a sharp move today, climbing 5% in price and attracting renewed attention from traders and investors. According to CoinMarketCap data, its 24-hour trading volume rose to more than…
According to the latest data from Coinglass, traders are heavily favoring long positions for Solana, indicating growing optimism in the market. The long/short ratio for SOL/USDT on Binance is 3.07,…
A sign of increased confidenceBullish sentiment builds ahead of potential XRP price breakout The latest Coinglass data indicates that the market is moving in a different direction, and XRP traders…
AguilaTrades, a well-known cryptocurrency trader who gained prominence after making $77.36 million in profits over the past year alone, has closed all of his long positions after suffering a dramatic losing…
Good Morning, Asia. Here's what's making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and…