Futures are leveraged products, allowing traders to maximize exposure for a deposit at the exchange, known as margin, which is a small percent of the contract size. The exchange provides the rest of the value of the trade. The renewed interest in BTC-margined contracts means potential for volatility-boosting liquidations cascades, according to research provider Blockware Intelligence. That occurs when multiple liquidations – or forced closure of positions due to margin shortage – happen consecutively, causing a rapid price change.
This Is (Hopefully) the Last CoinDesk Article to Mention Craig Wright
COPA, which is backed by Jack Dorsey and Coinbase, among others, put the question directly when it filed suit in...