These three events and two metrics show how ether markets are maturing.
Cash and carry traders seek to profit from the spread between bitcoin's price in futures and spot markets.
Bitcoin wiped out more excess bullish leverage with a drop below $54,000 early today, and is now looking north.
The agency hasn't accused Binance of any wrongdoing, according to the Bloomberg report.
Bybit said it will no longer be providing its services following the Financial Conduct Authority’s (FCA) ban on crypto derivatives.
CloseCross claims this is the first such license to be granted to a blockchain-based derivatives trading platform.
“Cash is king in times of distress, not bitcoin,” said one market watcher.
Bitcoin's bulls are taking over the market again.
The bitcoin market looks to be in a more healthy state after massive long liquidations blew the froth off the futures market.
The firm said it has now reached its internal product limit for exposure to cryptocurrencies after an FCA ban on crypto derivatives in January.
Bitcoin and ether continue to rise, but that could create problems for overheated derivatives markets.
Bitcoin's market is over-leveraged now as the cryptocurrency continues its run higher.
Ether's derivative market looks overheating amid the cryptocurrency's rally to new record highs.
“We are at all-time-highs territory [and] the market still has to make up its mind" about next resistance or supporting levels, says one broker.
The shorts were liquidated after Elon Musk added "Bitcoin" to his Twitter bio and prices rose by over 15%.