PRESS RELEASE. Leading personal financial services’ evaluator, the Ascent, named KuCoin crypto exchange the best cryptocurrency app of 2022. The Ascent is a flagship product of world-renowned private financial and investing advice company, The Motley Fool. Ascent rated KuCoin Exchange based on factors like fees, selection of coins, customer reviews, KYC rules, security features and […]

Ethereum’s futures premium hits a 7-month low as the price reaches $2800 today according to the charts that we have in our latest Ethereum price news. ETH price dropped 30% in two weeks and the derivatives data shows traders are getting bearish even with the rally leading it back to $2800. ETH reached a local […]

Recently, Sam Bankman-Fried (aka “SBF”) shared his experience of co-founding the popular crypto exchange FTX and growing it to a $32 billion valuation in just three years.  Speaking in an interview with Insider, SBF revealed that he decided to found his own crypto exchange in 2019 after growing annoyed with using what he called “crappy” […]

Ertha Metaverse, one of blockchain gaming’s most talked about metaverses has today announced the listing of the ERTHA token on another of the crypto industry’s top exchanges – ByBit. With over 5 million registered users across the globe, ByBit is a fantastic fit for Ertha. In addition to being one of the fastest-growing cryptocurrency derivatives […]

We can’t allow failures of the past to come creeping back into the DeFi future — let’s stop the flash bots dead in their tracks.

ETH price dropped 30% in two weeks, and derivatives data shows pro traders are bearish even with Feb. 25’s rally back toward $2,800.

BitMEX co-founders Arthur Hayes and Benjamin Delo have pleaded guilty to breaking anti-money laundering (AML) regulations in the United States Southern District Court of New York.

The post What happened to the BitMEX founders in New York federal court? appeared first on CryptoSlate.

Data shows more than $170 million in Bitcoin futures has liquidated over the past 24 hours as the price of the crypto makes sharp recovery above $38k. BTC Price Makes Sharp Recovery From Crash Due To Russia’s Invasion Of Ukraine Following the commencement of the Russian invasion of Ukraine yesterday, the price of Bitcoin took a deep plunge down as investors pulled out of the market. During this crash, the coin’s value went as low as $34.4k. However, today the value of the crypto already seems to have made some sharp recovery as the price hit $39k earlier in the day. At the time of writing, Bitcoin’s price floats around $38.8k, down 4% in the last seven days. Over the past month, the crypto has gained 7% in value. The below chart shows the trend in the price of BTC over the last five days. BTC's price has made some sharp recovery today | Source: BTCUSD on TradingView Bitcoin Futures Liquidations Over The Past Day Reach More Than $170 million Due to this sharp price rise, there have been some mass liquidations in the futures market. In case someone isn’t familiar with what a “liquidation” is, it’s best to get a quick overview of margin trading first. As you may know, when investors purchase a buy or sell futures contract on a derivatives exchange, they have to put forth some initial investment, called the “margin.” Against this margin, users can loan Bitcoin amounts many times their actual position. This is called making use of “leverage.” Any profit that investors earn on this leverage is theirs to keep. Related Reading | Bitcoin Investors Haven’t Responded To Russia-Ukraine War With Large Inflows (Yet) However, if the price of the coin moves opposite to the direction they bet on, then their losses are also as many times more in magnitude as the leverage. After the user loses a large percentage of their margin because of these losses, the exchange forcibly closes the position. This is precisely what a “liquidation” is. Now, here is the latest data regarding the Bitcoin futures liquidations: Looks like the futures market has observed some mass liquidations over the past day | Source: CoinGlass As you can see above, more than $170 million in Bitcoin futures contracts have been liquidated over the past 24 hours. Related Reading | Bloomberg Strategist: This Is The Defining Moment To Buy Bitcoin Since these liquidations took place because of a sharp price move up, the majority of these are from short contracts. While this is a sharp and unexpected recovery for the crypto, it’s unclear how long it will last. The macro fears and uncertainties due to the Russia-Ukraine war are still abound at large as the invasion still rages on. Featured image from Unsplash.com, chart from TradingView.com

Arthur Hayes, the founder of once the biggest crypto derivatives exchange, BitMex, has pleaded guilty to violating the Bank Secrecy Act, the US Justice Department said. The exchange did not...

This blog post aims to describe the vanishing gradient problem and explain how use of the sigmoid function resulted in it.

This article was published as a part of the Data Science Blogathon. Introduction In this article, we shall explore the process of deriving the optimal coefficients for a simple logistic regression model. Most of us might be familiar with the immense utility of logistic regressions to solve supervised classification problems. Some of the complex algorithms that […]

The post Decoding Logistic Regression Using MLE appeared first on Analytics Vidhya.

SIA Group issued this financial report: Significant growth in passenger numbers as vaccinated travel lanes unlock pent- up demand for air travel during year-end holiday season   Record cargo revenues driven by robust demand and tight capacity which support loads and yields   Operating cash surplus achieved for the first nine months of FY2021/22  […]