In the past two days, Bitfinex has seen its shorts skyrocket from 31k to 39k short contracts. The vast majority of these shorts opened below $6400 in hopes that there would be a dump on the ProShares ETF denial. When the denial was announced yesterday, there was a brief, small dump followed by a huge bounce. This leaves most of these shorts trapped underwater...
Cardano remains one of the most promising cryptocurrencies under development. It is due for a correction. Although the losses have been staggering for this third-generation cryptocurrency, the project still has solid fundamentals behind it. Staking will be added by the end of Q2 2018. Staking will yield ~10% rewards annually with a minimum size of 1 ADA ....
