Liquidity Financial News

crypto landscape is undergoing a major shift, with futures trading emerging as the preferred choice for traders. While spot trading faces hurdles like high taxation and liquidity constraints, crypto futures offer advantages such as leverage, lower capital requirements, and better tax efficiency. In an exclusive conversation on ETMarkets Livestream, Avinash Shekhar, CEO of Pi42, discusses why Indian traders are moving toward futures, how perpetual contracts work, and what’s next for the evolving regulatory landscape.

Pi Coin’s much-anticipated debut on the open market has taken a sharp downturn, shedding more than 55% of its value within 24 hours of its official launch. The cryptocurrency, developed by Pi Network, launched Thursday on exchanges including OKX, Gate.io, and Bitget with initial prices peaking above $2. By Friday morning, Pi Coin had plummeted to $0.78 as traders and analysts scramble to assess its future.

stablecoins have emerged as a pivotal element within the cryptocurrency ecosystem. Positioned as a bridge between the volatile world of cryptocurrencies and the stability of traditional fiat currencies, stablecoins are gaining recognition for their potential to enhance the efficiency and reliability of digital transactions. Recently, Anush Jafer, a research expert from Mudrex, discussed the significance of stablecoins in an ETMarkets live stream, highlighting their mechanisms, benefits, and impact on the broader financial system.

A cryptocurrency wallet associated with Genesis Trading has transferred approximately $720 million worth of Bitcoin to the Coinbase exchange over the past month, pointing to potential liquidations.

Three Asian-based ventures have joined forces to launch Hong Kong’s first-ever ETF liquidity fund. The fund is valued at HK$1b (about $128m), according to a statement published Wednesday.

Bitcoin Trust since the launch of the ETFs, net inflows into US Bitcoin ETFs remain positive. These inflows, totaling $7.35 billion, originate from some of the biggest names in the investment industry, including BlackRock Inc. and Fidelity Investments. Areport by Bloomberg on March 4 says the leading cryptocurrency, known for its high liquidity, witnessed a climb of up to 6.7%, reaching $67,069 on March 5. This marks its first breach of the $67,000 threshold since November 2021. Year-to-date, the token has experienced a surge of approximately 60%, significantly outperforming traditional asset classes like stocks.

Bitcoin (BTC)‘s recent price correction, following its surge to a new all-time high above $69,000, has resulted in the closure of leveraged perpetual futures bets worth $1 billion across digital asset markets. 

Nobody is trading Bitcoin on the weekend anymore, concludes a new blog post by analysts at blockchain market data provider Kaiko.

markets like Nasdaq (45%), BSE Sensex (18%), and Gold (12%). Amidst the continuous evolution of blockchain technology and its burgeoning acceptance worldwide, a cohort of digital assets has emerged as frontrunners, poised for significant growth and transformation in 2024. We list the ones that have caught our eye. From layer 2 solutions to decentralized protocols facilitating cross-chain compatibility and gaming ecosystems, these assets showcase diverse opportunities for investors. While we do the crystal gazing, we encourage investors to understand the risks and growth potential associated with each asset and do their independent analysis.

Investors have poured $1.9 billion into nine new exchange-traded funds tracking the spot price of bitcoin in their first three days of trading, data from issuers and analysts showed, with fund giants BlackRock and Fidelity pulling in the lion's share of the flows. Collective flows to the nine funds outpaced post-launch flows into the ProShares Bitcoin Strategy ETF, which drew a record $1.2 billion in the first three days of trading after its 2021 launch. The SPDR Gold Shares ETF attracted $1.13 billion in the first three days after its 2004 launch. Investments in the long-awaited ETFs — launched on Jan. 11, a day after receiving approval from the U.S. Securities and Exchange Commission (SEC) — fell short of the most aggressive estimates of first-day flows in the billions of dollars.

BitMEX co-founder Arthur Hayes is bullish on Bitcoin (BTC). Hayes shared his thoughts on X Alongside a chart depicting net reverse repurchase agreement (RRP) and treasury general account (TGA) balance changes, Hayes referred to United States Treasury Secretary Janet Yellen as “Bad Gurl Yellen.”

Some of the global financial industry’s largest market-makers might jump in to provide liquidity for BlackRock if the firm’s spot Bitcoin Exchange Traded Fund (ETF) application is approved by the US Securities and Exchange Commission (SEC), reported CoinDesk on Tuesday citing a personal familiar with the matter.

The Ethereum liquid staking derivatives finance (LSDFi) ecosystem has seen a surge in growth this year as Ether (ETH) holders chose to stake rather than liquidate. 

Digital asset exchange Coinbase has announced a suspension on 80 non-USD trading pairs in a bid to boost liquidity on its platform.

The United States-based cryptocurrency exchange Coinbase is removing dozens of trading pairs in order to improve liquidity on its platform.

Decentralized liquid staking protocol Lido Finance has announced a decision to cease operations on the Solana blockchain following a community vote in Lido’s decentralized autonomous organization.

Ethereum staking protocol Lido Finance has disclosed its protocol saw 20 slashing events due to a series of infrastructure and signer configuration issues from validators operated by Launchnodes.

The call from the FPC came as it identified liquidity mismatch in money market funds as a «key vulnerability» in 2015 and 2021.

The enlarged HHI, which currently holds £262m in assets, will continue to be managed by Janus Henderson under the same investment objective and policy.

Vitalik Buterin, co-founder of Ethereum, has expressed worries regarding decentralized autonomous organizations (DAOs) exerting a monopoly over the selection of node operators in liquidity staking pools.

A group of decentralized finance (DeFi) protocols have teamed up to solve liquidity problems in the Cosmos ecosystem. The teams involved include cross-chain bridging protocol Wormhole, liquidity aggregator Swing, lending protocol Tashi, and Cosmos network Evmos.