Impermanent loss has been a major factor preventing crypto holders from becoming liquidity providers on decentralized finance platforms. Yield Basis, a protocol developed by the decentralized finance (DeFi) platform Curve Finance, mitigates impermanent loss for tokenized Bitcoin and Ether liquidity providers (LPs), while also creating a market-based approach to token inflation and emissions, according to Curve founder…
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A whale has stunned crypto watchers by making $36 million on a $1.1 billion long Bitcoin bet at 40x leverage as Bitcoin neared $112,000. A crypto whale has expanded an existing 40x leverage long Bitcoin bet to $1.1 billion on the decentralized exchange Hyperliquid, which has stunned the crypto community and is believed to be…
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Some crypto traders suggest waiting on the sidelines to avoid getting “rinsed by leverage,” as they can always “play catch up later.” Traders with leveraged positions in Bitcoin could be in for a nasty surprise as the cryptocurrency faces a critical crossroads, which could see the price bounce in different directions, analysts warn. “The market was…
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BTC traders at Bitfinex and OKX have been reluctant to use margin markets for bearish bets, creating an imbalance that investors should keep an eye on. Cryptocurrency traders’ desire to create leverage positions with Bitcoin is strong, but it’s impossible to know if these traders are risk-takers or savvy market makers who hedge their positions.…
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