Waves CEO calls futures markets ‘breeding ground for FUD,’ requests exchanges disable trading

2022-12-21 15:15

Waves (WAVES) founder Sasha Ivanov has begged all centralized exchanges to disable the futures markets for the digital asset in a Dec. 21 tweet.

According to Ivanov, Waves does not need a futures market because it is a “breeding ground for FUD and making money off short positions.”

The Waves CEO tagged the social media handle of several crypto exchanges including Binance, OKX, Huobi, Kraken, and others in his tweet.

According to Investopedia, a futures market allow participants to buy and sell an asset at a predetermined future date and price.

CryptoSlate previously reported that open interest on WAVES rose by 176% on Dec. 8 following South Korean exchange Upbit’s decision to issue an investment warning on the asset. According to Waves Labs, the DAXA warning did more harm to the token than USDN stablecoin depegging.

Meanwhile, when Ivanov was advised to buy more spot WAVES tokens to squeeze the short sellers, he revealed that he does not trade and the only asset he holds is the embattled token.

WAVES down 98% from ATH

WAVES price has declined by roughly 98% from its all-time high of $61, according to CryptoSlate data.

According to the data, the token has been on a downward trajectory since it reached its all-time high in March 2022. Within the last 30 days, the asset’s value has declined by over 30% to its current value of $1.52.

Crypto analyst il Capo Of Crypto posited that the poor price performance would continue as its minimum target is $0.11.

The post Waves CEO calls futures markets ‘breeding ground for FUD,’ requests exchanges disable trading appeared first on CryptoSlate.

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Waves (WAVES) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $3.1177
Капитализация $0 Rank 99999
Цена в час новости $ 1.5183 (-100%)

waves exchanges disable futures markets calls trading

Источник: cryptoslate.com

waves exchanges → Результатов: 24


Wave Labs reveals DAXA warning caused significant damage to WAVES token

Waves Labs has reported that Futures data revealed that a DAXA warning on December 8 did more harm to the WAVES token than the depegging of the USDN stablecoin “ever could.” The Open Interest (OI) on WAVES across various centralized exchanges (CEXs) dramatically increased, following an Upbit announcement to suspend WAVES token deposits on December […] The post Wave Labs reveals DAXA warning caused significant damage to WAVES token appeared first on CryptoSlate.

2022-12-21 00:00


Фото:

Rising Freeliquid Lending Protocol for Liquidity Pool Collateralization Integrates with Swop.Fi and Waves Exchanges

By this point in time, Freeliquid has established itself as one of the market leaders in decentralized lending, even more so with its stablecoin loans funded through liquidity pool collateral. As the protocol is on a clear path to changing the lending game forever, its team is actively pushing the industry-standard APY barriers by launching […]

2021-4-1 01:42


Kraken exchange lists BAT and WAVES token for trading

Given the need to build differentiators in order to survive the market, crypto businesses have taken the “collaboration” approach to the next level. While ecosystems such as Cardano and Ripple are making headlines for hiring some of the most influential players across the fintech landscape, crypto exchanges are racing to list the most innovative and […] The post Kraken exchange lists BAT and WAVES token for trading appeared first on AMBCrypto.

2019-8-21 17:25


Фото:

North Korean Hackers Infiltrate Unnamed Crypto Exchange in First-Ever MacOS Hack

North Korea’s notorious cyber-hacking outfit, “Lazarus Group,” has reportedly deployed a MacOS-based malware to infiltrate cryptocurrency exchanges and applications, according to Kaspersky Labs. North Korean Attackers Strike To date, Lazarus remains an unknown entity, with no information on the number of individuals identifying with the outfit.

2018-8-25 07:00


Фото:

Exchanges Round-Up: CME Rejects Altcoins, Waves DEX Hacked on Launch

In recent news pertaining to cryptocurrency exchanges, the CEO of Chicago Mercantile Exchange (CME) has indicated that the company has no intentions of introducing derivative markets for alternative cryptocurrencies in the near futures; Waves’ decentralized exchange was hacked upon launch; and the founder Pakcoin has attributed Pakistan’s slow rate of cryptocurrency adoption to low literacy […] The post Exchanges Round-Up: CME Rejects Altcoins, Waves DEX Hacked on Launch appeared first on Bitcoin News.

2018-7-28 01:15


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