On August 15, Bitcoin futures hit a record: more open leveraged positions than the entire market trades in a day.
Thin liquidity under stacked bets means any spark travels further and faster than usual.
Days later, it did. Once rare, has now shown up on roughly one in three days over the past two years.
@Nexo@mercury@JunoFinanceHQ@bridge The winners won't have the highest yield or flashiest token. They'll nail the boring stuff: compliance, custody, trust. Same rules as always. New rails.
@Nexo@mercury@JunoFinanceHQ@bridge Where this is heading: Stablecoin rails become invisible plumbing. "Crypto neobank" stops being a category. It's just... banking.
@Nexo 5/
new listing hype and volatility go hand in hand. Fresh liquidity on a new exchange can cause sharp moves in both directions. If you're trading around this, DYOR and size accordingly. LFG $NEXO
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Big listing news for $NEXO - Upbit, South Korea's largest crypto exchange, is adding the NEXO/USDT spot pair today. Here's what's happening and why it matters.
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Quick refresher on $NEXO: it's the native utility token of @Nexo, the crypto lending/earn platform. Holding $NEXO is what unlocks the platform's higher loyalty tiers, better earn rates, lower borrowing costs, bigger card cashback