A Comprehensive Beginner’s Guide on Bitcoin and Crypto Futures

From spot trading to staking and now cryptocurrency futures, investments in the crypto space are increasingly being diversified-a move aimed at reducing risks and increasing profitability. Many crypto traders are increasingly engaging in trading crypto futures, which took the crypto space by storm around December 2018. A report by Tokeninsight revealed that the combined total trading volume in the cryptocurrency spot and futures markets in Q1 2020 amounted to roughly $8.8 trillion. This figure represented an enormous 314% quarterly increase…

Both Long and Short Positions Valued at $230M Were Liquidated on BitMEX

In recent times, the Bitcoin (BTC) markets incurred volatility that led to the liquidations of long and short positions which affected both buyers and sellers remarkably. It is such that there was about $223 million in 24-hour margin calls on BitMEX platform being evenly spread between Bitcoin shorts and longs. As at press time, long positions liquidated were worth somewhat more than $111.5 million, while short positions worth $111.3 million. Long positions represent 50.04 percent of the total liquidation, while…