Crypto
Bitcoin Rally Cautious as EDGE Markets and ProphetX Introduce 24/7 Deposits
EDGE Markets and ProphetX have collaborated to introduce 24/7 deposits with limits of $1 million. This move is expected to provide greater flexibility for traders. According to trading volumes and implied probabilities on Kalshi, participants are being cautious about Bitcoin's year-end rally. Traders on the platform have taken a conservative stance regarding Bitcoin's trajectory.
Meanwhile, LeoDex has integrated BOB Gateway to offer native BTC swaps directly within its interface. This integration aims to simplify cross-chain trading for users. Short liquidations in Bitcoin exceeded $3.1 billion over two days, according to CoinGlass data recorded on August 19 and 20. BTC approached $72,000 following these events.