BingX says that the future of trading will be driven by artificial intelligence, and it is going to spend around $300 million behind that belief. Instead of adding AI just on the exchange, it wants AI to explain market trends and give smarter insights, which helps users to make better
The latest Coinglass analysis of perpetual decentralized exchanges, which includes Hyperliquid, Aster, and Lighter, compared the user activities in trading volume, open interest, and liquidation numbers, raising debates in the comments section. Coinglass Breaks Down Perp DEX Differences On February 9, Coinglass shared a post, which reveals that high reported
With the bearish-fear correction, wholesome waves of red charts are found in the crypto market. Bitcoin (BTC), the largest asset, is currently trading at $68.5K, while the largest altcoin, Ethereum (ETH), hovers at around $2K. From the altcoin pack, upon picking Humanity Protocol (H), it has defied the uncertainty and
S.Y. Lee, co-founder of Story Protocol, says that the project needs time to build real usage and has decided to delay its first major token unlock by six months in August. By delaying this release, the insiders will not be able to sell their tokens. According to Lee, this delay
Ethereum co-founder Vitalik Buterin argued that even well-designed ETH-collateralized algorithmic stablecoins still constitute genuine decentralized finance. He clarified that such algorithmic mechanisms can transfer U.S. dollar counterparty risk from users to market makers. Buterin blasted the notion that USDC deposit yield strategies are representative of true DeFi principles. He suggested
The sentiment of crypto has changed to panic, and the gauge of CoinMarketCap has turned red now. The CMC Crypto Fear and Greed Index of the platform is at 9, taking it to an extreme fear situation. One week before, the number was 15 and was neutral with 41 in
With a brief spike in the crypto market, both red and green flags are waving across the digital assets. Besides, the broader market sentiment hangs around extreme fear as the Fear and Greed Index value is settled at 9. The largest assets, Bitcoin (BTC) and Ethereum (ETH), are trading at
The price of Ethereum has now formed a base over $1,880 and initiated a recovery wave, similar to Bitcoin. ETH was exchanging hands over the $1,950 and $1,980 resistance levels. The price went over the 50% Fib retracement level of the downward move from the $2,340 swing high to the
Arthur Hayes publicly challenged Multicoin Capital co-founder Kyle Samani to a high-stakes $100,000 price bet on the future performance of Hyperliquid’s HYPE token, following Samani’s public criticism of Hyperliquid’s core fundamentals. BitMex co-founder Arthur Hayes, who reshared Kyle Samani’s criticism post and wrote, “Since $HYPE is bad, Kyle Samani, let’s
With the Fear and Greed Index value settled at 8, the market sentiment hangs in extreme fear. As the market cap has spiked by over 2.93%, the majority of the digital assets are charted in green. Following suit, the largest asset, Bitcoin (BTC), has climbed to $67.9K, while Ethereum (ETH),
