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BitMEX Announces BMEX Tokens to Revive Retail Interest

The exchange enjoyed some of the biggest trading volumes until recent years but has since failed to keep with newer competitors.

(Shutterstock)

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NFTs Are More Popular Than Ever Despite Sour Mood in Wider Crypto Market

Peak popularity does not imply an increase in actual buying pressure from retail investors.

(Bored Ape Yacht Club, modified by CoinDesk)

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Terra Becomes Second-Largest DeFi Protocol, Surpassing Binance Smart Chain

Over $18 billion in value is locked on just 13 projects on Terra.

Daniel Shin y Do Kwon, cofundadores de Terra. (Terraform Labs)

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Market Wrap Year-End Review: Bitcoin Starts Off in a Frenzy

In this first episode of Market Wrap’s review of crypto markets in 2021, we recall the powerful rally that ushered in the new year. Retail traders piled in, even as some institutional investors sounded warnings about rampant speculation.

Chicago Board of Trade traders, 1949 (Stanley Kubrick via Wikimedia Commons)

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Ether Call Demand Signals Anticipation of Year-End Rally

Investors who buy calls are implicitly bullish on the market.

Positive ETH put-call skews indicate fears of a deeper price decline

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Bitcoin, Ether Dip in ‘Bearish Asia Session’ as China Rate Cut Fails to Inspire Risk Buying

Bitcoin has carved out most of its year-to-date gains during the American hours.

Bitcoin has carved out most of its year-to-date gains during the American hours (Fredrick Collins)

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Ether Drops to $3.8K as Over $12.5M in Futures Get Liquidated

The second-largest cryptocurrency by market cap saw the most futures liquidation during early Asian hours.

Ether tokens saw a sudden drop this morning and washed out overleveraged positions. (TradingView)

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DeFi ‘Rug Pull’ Scams Pulled In $2.8B This Year: Chainalysis

‘Rug pulls’ accounted for 37% of all scam revenue this year compared to just 1% in 2020.

rug pull

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Valkyrie Counters BIS, Says Concern on Bitcoin ETF Front-Running Is Misplaced

Bitcoin’s volatility makes front-running the ETF monthly rolls unviable, one observer said.

Bitcoin CME futures: Longer-dated contracts draw higher prices than short-dated ones (TradingView)

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LUNA One of Few Cryptos Higher While Bitcoin, Others Slide

Gains from a brief rally following the Federal Reserve meeting earlier this week were erased amid a slide in global markets.

(Shutterstock)

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