HXRO News
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2024
May / 05- Bitcoin Plunges as Global Markets Grapple with Uncertainty
- May 05, 2024 at 03:05 am
- Major markets are in the red today, including bitcoin. Bitcoin's price has dropped to around $13,184, indicating a bearish signal. Ether options traders have shown a preference for calls over puts in the past month, suggesting a bullish sentiment for the cryptocurrency. The decline in bitcoin's price has been attributed to investors shedding higher-risk assets amidst concerns about the global economy and uncertainty surrounding the US presidential election.
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2024
Apr / 16- Ethena's USDe: A Deep Dive into Stability Concerns and Growth Perspectives
- Apr 16, 2024 at 06:30 am
- Ethena Labs' USDe stablecoin has experienced rapid growth, but concerns arise regarding its resilience under market stress. While its yield mechanism resembles Terraform Labs' failed UST, Ethena's "synthetic dollar" model employs delta-neutral hedging to mitigate losses. However, negative funding rates and centralized counterparty risks pose challenges. Critics question the scalability and sustainability of USDe's growth given the finite size of the derivatives market and the lack of native yield on some collateral assets. Furthermore, Ethena's insurance fund and its interdependency with MakerDAO's DAI raise additional concerns. Despite these potential risks, experts maintain that the underlying trade is relatively safe under favorable market conditions.
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2024
Apr / 04- FTX and Alameda Transfer $105.9 Million in Altcoins to Intermediate Wallets
- Apr 04, 2024 at 06:20 am
- Recent on-chain data reveals a significant movement of $105.9 million worth of 19 altcoins from FTX and Alameda wallets to two middle wallets. Notable tokens transferred include GT, LEO, and VIC, alongside $37.6 million in other assets. This strategic maneuver is believed to be related to FTX's efforts to repay creditors, as mandated by a recent court order.
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Communtity feeds
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- Twitter source
- Cointelegraph May 01, 2025 at 11:30 am
NEW: Grayscale launches Bitcoin Adopters ETF tracking companies with $BTC treasury strategies across 7 sectors.
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200 USDT Giveaway! Can you guess the highest price of $BTC this week?
To Enter:
Follow
Quote RT with your answer & tag 3 friends
Fill: https://gleam.io/4Gefw/bitmart-x-btc-guess-the-price-200-usdt-giveaway…
Ends at 11:59 PM UTC, May 5, 2025
40 winners each win 5 USDT #BitMart #giveaway
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- Twitter source
- Moby Media May 01, 2025 at 08:37 am
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- Twitter source
- Cheds Trading May 01, 2025 at 07:11 am
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- Twitter source
- Moon Lambo May 01, 2025 at 06:25 am
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- Twitter source
- Nebraskangooner May 01, 2025 at 06:15 am
$SUI potential bullish captain hook pattern if it can reclaim $3.53 resistance. -
- Twitter source
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