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Day: June 4, 2021

cryptocurrency June 4, 2021

Advertisements Data shows traders are buying $400 protective puts while also holding $7,000 call options, a signal that traders either have mixed emotions or are just cashing in on the upfront premium. After reviewing Ether (ETH) options for June 25, one might think that traders either became overly optimistic or ultra-bearish. Currently, there are large […]

cryptocurrency June 4, 2021

Advertisements Ethereum could be on track to surpass Bitcoin in terms of market cap Ethereum’s market cap is currently half of Bitcoin’s Ethereum will thrive due to continual use-case such as DeFi  Ethereum should consolidate for a while between $2k and $4k The team at Bloomberg has released their monthly Crypto Outlook Report in which […]

cryptocurrency June 4, 2021

Key Takeaways Crypto prices plummeted Thursday after Elon Musk posted a tweet suggesting he’d broken up with Bitcoin. Bitcoin, Ethereum, and various DeFi tokens are in the red. The crash liquidated $600 million worth of futures positions in the crypto derivates market. Share this article The cryptocurrency market slumped Friday morning after Elon Musk called […]

cryptocurrency June 4, 2021

Advertisements Institutional investors can get USD on credit without liquidating their ETH. Crypto custody bank Anchorage Digital is expanding its services into crypto-backed loans for institutional investors. Clients at Anchorage can now access a line of USD credit backed by Ethereum through its partnership with U.S. commercial bank BankProv. Anchorage Financing will introduce a simple […]

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