Margin-longs for Ethereum are exploding today on both BitMEX and Bitfinex. Some 85% of all margin-calls are currently long for Ethereum compared to shorts. The massive amount totals around 2% of the entire circulating supply. Indeed, 2.3M or so ETH is now now margin-long. The longs have continued to accumulate, as shown in the image […]
Following a brief period of sustained losses as Bitcoin continued on its downtrend below $9k, it would now seem that on the back of the king coin’s recovery, much of the market is doing the same. However, the impact of Bitcoin’s steady recovery hasn’t been uniform across all the market’s altcoins as while some like […]
Things just keep getting worse for the crypto asset known as XRP. After an extremely poor performance over the last two years, the latest crash across crypto has caused the stablecoin Tether market cap to “flipped” the previously third-ranked cryptocurrency, Ripple.Tether Unseats XRP As The Third-Ranked Cryptocurrency, Flippening Is OfficialXRP has earned itself a negative […]
The Baseline Protocol has completed a proof-of-concept showing how multiple stakeholders can securely execute purchase orders without exposing sensitive data. The Baseline Protocol has successfully executed a proof-of-concept in which multiple companies privately and securely synchronized data and managed purchase orders on top of the Ethereum (ETH) mainnet. The concept demonstrates how enterprises can use […]
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