Derivatives are often criticized for creating artifical demand and supply via leverage, injecting volatility into the market and are considered a proxy for speculative activity often observed at major market tops. As such, the decline in derivatives’ share of the total market activity might be a good news for crypto bulls anticipating a continued price rally.
Untangled, a Tokenized Private-Credit Platform, Opens Its First USDC Lending Pool on Celo
The pool, structured under Luxembourg's securitization regulations with a debt ceiling of $6 million at the start, lets accredited investors...