Ethereum’s Estimated Leverage Ratio Has Dropped To A Value Of 0.57
Ethereum’s derivatives market on Binance has an Estimated Leverage Ratio (ELR) that has dropped sharply from recent highs, signalling that traders are pulling back from highly leveraged positions. This move comes even as the ETH price holds near the…
Trump Media’s Crypto Bet Collapses in a Substantial $406 million Quarterly Loss
Trump Media & Technology Group’s stock is currently around $8.93, a sharp contrast to its peak of $97.50 per share in early 2022. The company, which owns Truth Social, has seen its value drop by more than 90% since then. Related reading: Tether Ramps Up…
OKX will change how it collects funding fees for its remaining group of perpetual futures
OKX, one of the leading cryptocurrency exchanges in the world, has announced a major update to its funding fee collection mechanism for the remaining group of perpetual futures. Starting from January 22, 2024, the funding fee will be collected at the end…