Crypto Plug

Happy New Year

CRYPTOCURRENCY EXCHANGE FTX HAS MORE THAN $2 BILLION TO BACKSTOP CRYPTO INDUSTRY IF NEEDED: CEO SAM BANKMAN-FRIED

THE WORST APPEARS TO BE OVER FOR THE LIQUIDITY CRUNCH IN THE CRYPTOCURRENCY INDUSTRY: FTX CEO

Volatility incoming: futures traders opened new positions 🚨

#Bitcoin price increased 4% recently. On this pump open Interest increased with $615million in just a few hours. This will likely result in volatility! To make a guess on which side this Open Interest is added, usually we can take a look at Funding Rates.

However, Funding Rates don't give a clear signal. Funding Rates are almost neutral. This means that long and short-traders are almost in balance. Leverage added to both sides (long and short) and will increase volatility in the near term!

Source: Cryptoquant

Binance has partnered with Khaby Lame 🔥

Through this partnership they will:
🔸Drive crypto education
🔸Launch exclusive Khaby Lame #NFT collections
🔸Debunk crypto & Web3 myths
🔸Grow the industry & $Binance ecosystem

He's still Buying

Cristiano Ronaldo and Binance Team Up For a Legendary NFT Partnership

⬇️
details