liquidations

The Question of Liquidity

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Time Stamp: December 30, 2022 5:30 PM - Modified On: December 30, 2022 - Published By:
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While many people consider valuation to be the most challenging aspect of NFT lending, the real issue is liquidity. When taking an NFT as collateral for a loan it would be a recipe for disaster to think it can be sold easily at all points in the market cycle. During 2021 NFTs experienced a huge uptake in their popularity. Some said this surge in demand was the cause of increased gas fees on the Ethereum network. However, in between the two peaks of this surge, there was a terrifying liquidity

The Four Quadrants of MEV Protection

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Time Stamp: November 22, 2022 11:55 AM - Modified On: November 22, 2022 - Published By:
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Understanding the MEV Solution Landscape Like many other crypto narratives, the dark side of blockchain was first introduced on Reddit in a post titled “Miners Frontrunning.” In the now historical post, the author outlines how given the Ethereum mempool is inherently public, miners can frontrun transactions and profit on the ultimately arbitraged difference in that transaction. However, this isn’t an entirely new phenomenon in finance. The 2014 book, Flash Boys: A Wall Street Revolt by Michael Lewis investigates frontrunning orders in high-frequency trading. The paper Flash Boys 2.0, published in 2019, takes these observations into

A DeFi Drought Crisis

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Time Stamp: August 30, 2022 3:37 PM - Modified On: August 30, 2022 - Published By:
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Just when we thought it was safe to breathe a sigh of relief from all the crypto liquidity contagion, another one started to appear last week with BendDAO, an NFT borrowing, and lending platform. Due to structural faults in the way the protocol had been created there came a point when it was perched on the brink of insolvency. What we’ve witnessed over the past few months has been a clash between the overconfidence of some project founders and the realities of the emerging crypto market. It’s an unusual dynamic

Paribus Announces New Development Updates NFT Modules Completed for Crypto Punks & Bored Ape Yacht Club

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Time Stamp: August 17, 2022 4:16 AM - Modified On: August 17, 2022 - Published By:
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Miami August 2022. Paribus, a cross-chain borrowing and lending protocol for NFTs, announced today multiple development updates regarding their protocol and ecosystem. The protocol built for Cardano, delivers alternative liquidity options for NFTs, synthetics and other digital Assets. The NFT module screens have been completed for CryptoPunks and the Bored Ape Yacht Club with more integrations scheduled to be released in the coming weeks. Frontend As well as a search bar integration, a user now has the ability to pull NFT metadata on demand. Aside from the NFT module work

Bitcoin Below $60K for the First Time in 10 Days – Should You Buy the Dip?

Source Node: https://www.coinbureau.com/news/bitcoin-below-60k-for-the-first-time-in-10-days-should-you-buy-the-dip/
Time Stamp: October 27, 2021 11:14 AM - Modified On: October 27, 2021 - Published By:
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Bitcoin is below $60,000 for the first time in over 10 days after what many crypto investors saw as an anticlimactic break of all-time highs. After spending 6 months below its previous all-time high just short of $65,000, Bitcoin made it all the way back and managed to break $66,000 before losing steam. At the time of writing, BTC is trading just above $59,000.  Aside from a few select altcoins, almost the entire crypto market followed Bitcoin’s lead today by making a downward move. As is often the case, excess

As Bitcoin inches towards $60K, Q4 may see ‘parabolic moves in all of crypto’

Source Node: https://ambcrypto.com/as-bitcoin-inches-towards-60k-q4-may-see-parabolic-moves-in-all-of-crypto/
Time Stamp: October 8, 2021 8:30 PM - Modified On: October 8, 2021 - Published By:
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Earlier this week, Bitcoin broke through the psychologically important mark of $50,000 for the first time in a month, causing many investors to turn their eyes to the top cryptocurrency again. The resurgence of interest in bitcoin recently has resulted in higher trading volumes, combined with mega whale moves. Someone(s) bought up $1.6B worth $BTC via market orders in just 5 minutes. Short liquidations seem relatively smaller like $17M at that time. This is more like whale buying, not cascade liquidations.https://t.co/dD3OsykiET pic.twitter.com/0NnvbmaYYm — Ki Young Ju 주기영 (@ki_young_ju) October 6,

Crypto Derivatives ‘Somewhat Misunderstood,’ Says FTX CEO

Source Node: https://beincrypto.com/crypto-derivatives-somewhat-misunderstood-says-ftx-ceo/
Time Stamp: August 31, 2021 9:45 AM - Modified On: August 31, 2021 - Published By:
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Crypto exchange FTX CEO Sam Bankman-Fried believes that crypto derivatives are a “somewhat misunderstood area.”Sponsored Sponsored “People will note that derivatives trade more volume in crypto than spot, which is true,” the 20-year-old crypto billionaire said. “But that is true of every asset class in the world.” Bankman-Fried explained that derivatives make markets more efficient. This is because they provide further liquidity, while providing exposure to investors who don’t necessarily want to own the assets. He admitted that derivatives like crypto futures can sometimes facilitate leveraged positions that lead to

Analyst on Bitcoin: This is ‘a very strong sign of…’

Source Node: https://ambcrypto.com/analyst-on-bitcoin-this-is-a-very-strong-sign-of/
Time Stamp: July 28, 2021 8:00 AM - Modified On: July 28, 2021 - Published By:
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For one whole day, after some pretty monotonous consolidations and devastating price dips, Bitcoin price candles were green on a one-hour, four-hour, and one-day chart. With this latest movement, market speculations were rife if this rally was here to stay. In the case of Bitcoin, its price has been affected by external news in the past. Some consider these factors to be driving forces to the price action and during BTC’s recent bull run the news side of it looked positive. News like Binance and FTX  limiting leverage trading and

Bitcoin Price Hits 13-Month High of $12,200, Liquidating $22M Shorts

Source Node: https://cointelegraph.com/news/bitcoin-price-hits-13-month-high-of-12-200-liquidating-22m-shorts
Time Stamp: August 17, 2020 9:49 AM - Modified On: May 21, 2021 - Published By:
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Bitcoin (BTC) triggered $24 million of liquidations on BitMEX alone Aug. 17 as a fresh move saw markets reclaim $12,000.Cryptocurrency market daily snapshot, Aug. 17. Source: Coin360BTC price “clear fake-out” costs shorters bigData from Cointelegraph Markets and Coin360 showed BTC/USD hitting $12,200 briefly on Monday.A subsequent correction managed to erase the gains and more, bouncing at $11,785 to recross the $12,000 mark — all within a matter of minutes.At press time, Bitcoin circled $12,080, equating to 24-hour gains of 2.5% and the highest price for over a year.BTC/USD 24-hour chart.

Bitcoin Price Suddenly Drops by $500 in Seconds to Fill Futures ‘Gap’

Source Node: https://cointelegraph.com/news/bitcoin-price-suddenly-drops-by-500-in-seconds-to-fill-futures-gap
Time Stamp: August 10, 2020 7:13 AM - Modified On: May 21, 2021 - Published By:
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Bitcoin (BTC) dropped several hundred dollars in seconds on Aug. 10 as $12,000 once more proved too hot to handle. Cryptocurrency market daily snapshot Aug. 6. Source: Coin360BTC price finds new focus at $11,700Data from Cointelegraph Markets and Coin360 showed BTC/USD nosedive 4% during Monday trading, bouncing off $11,500 and since returning to $11,700.In doing so, Bitcoin neatly filled the latest gap in CME Group’s Bitcoin futures markets, which lay just below $11,700. BTC/USD 1-day price chart. Source: Coin360A classic move, Cointelegraph predicted on the day that markets would likely attempt to