Traders have become used to the decentralized functionality offered to them through the explosion in DEXs that have flooded the cryptocurrency space this year, but one project wants to bring to blockchain the functionality that traders see in the traditional finance space.Vietnamese blockchain Kardiachain has taken a step towards its goal of launching such a project, KAIDEX. It … [Read more...] about Kardiachain’s ‘KAIDEX’ aims to bring DeFi and CeFi to crypto traders
What is the Commitment of Traders report?We previously looked at using the COT report in FX trading, in this article, we take more of a big-picture perspective on this very important sentiment report. The COT report can offer a unique perspective for sentiment, helping to compliment IG Client Sentiment in the effort of getting a better grasp on positioning in a market at a … [Read more...] about What is the Commitment of Traders (COT) Report?
Implied volatility, synonymous with expected volatility, is a variable that shows the degree of movement expected for a given market or security. Often labeled as IV for short, implied volatility quantifies the anticipated magnitude, or size, of a move in an underlying asset.WHAT IS IMPLIED VOLATILITY?Implied volatility is a number displayed in percentage terms reflecting the … [Read more...] about What it is & Why Traders Should Care
Now that Ether's (ETH) price broke the $2,000 level, hitting all-time highs this week, traders became excessively bullish and are expecting more upside in the short-term. Some analysts believe Visa's initial USD Coin (USDC) stablecoin transaction settlement on the Ethereum network kicked off the most recent rally. Others attribute the current Ether hike to a "triangle market … [Read more...] about 38% Ethereum futures premium signals traders anticipate $2,500 ETH
The price of Ether (ETH) is continuing to rally, reaching $2,000 on Friday on the back of strong technical momentum following a high-profile announcement from Visa.As Cointelegraph previously reported on Sunday, Visa will allow its partners to use USD Coin (USDC) on the Ethereum blockchain network to settle transactions.ETH futures total open interest. Source: Bybt.comSince … [Read more...] about Ethereum season? ETH options traders are placing big bets for June