Basis | Crypto Profit Bot

Traders forecast $3K Ethereum price but derivatives data suggests otherwise

July 31, 2021

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Ether (ETH) rallied 35% over the past ten days and reclaimed the critical $2,300 support, but the crucial $2,450 local top hasn’t been tested since June 17. Part of the recent recovery can be attributed to the London hard fork, which is expected to go live on Aug. 4. Traders and investors view the EIP-1559 […]

Crypto traders say negative funding rates are buy signals, but are they?

June 25, 2021

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Perpetual contracts, also known as inverse swaps, have an embedded rate usually charged every eight hours. This fee ensures there are no exchange risk imbalances. Even though buyers’ and sellers’ open interest is matched at all times, leverage can vary, and when buyers (longs) are demanding more leverage, the funding rate turns positive. Thus, they […]

‘Basis Cash’ Launch Brings Defunct Stablecoin Into the DeFi Era

November 30, 2020

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Nov 30, 2020 at 5:01 a.m. UTCUpdated Nov 30, 2020 at 2:19 p.m. UTC ‘Basis Cash’ Launch Brings Defunct Stablecoin Into the DeFi Era A team of anonymous developers is making what might be called a fork of a project that never launched. Readers of this post will likely see a strong earnings opportunity here, […]

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Category: Basis

Traders forecast $3K Ethereum price but derivatives data suggests otherwise

Crypto traders say negative funding rates are buy signals, but are they?

‘Basis Cash’ Launch Brings Defunct Stablecoin Into the DeFi Era