# Trading Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Trading", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

ETH/BTC Ratio Falls Back To Early-2023 Levels As Traders Debate Ethereum Value

The ETH/BTC ratio has fallen back to 0.027, a level last seen in early 2023, and is significantly below its 2021 peak near 0.088. This prompts a key market debate: Is Ethereum (ETH) now a historically cheap contrarian buy against Bitcoin (BTC), or is it in a structural decline? Analyst Woetoe highlighted this question. Simultaneously, ETH's USD chart (ETHUSDT) indicates bearish correction risk. Analysis from SwallowAcademy points to a broken market structure following an aggressive weekly open, with price rolling over below the $1,774 high and a potential pullback toward the $1,660-$1,723 zone. This creates a complex setup. While ETH appears undervalued relative to BTC, its standalone technicals remain weak. The report concludes that for ETH bulls, the immediate priority is not valuation arguments but reclaiming technical strength and beginning to outperform BTC again.

bitcoinist06/21 10:37

ETH/BTC Ratio Falls Back To Early-2023 Levels As Traders Debate Ethereum Value

bitcoinist06/21 10:37

Kraken Adds Solana On-Chain Token Trading Directly Inside Its App

Kraken has integrated on-chain Solana token trading directly into its main app, eliminating the need for users to use a separate wallet or manage seed phrases. Eligible customers in the U.S. and over 100 countries can now trade approximately 2,500 verified Solana-based tokens within the familiar Kraken interface. This move aims to simplify decentralized trading by using embedded wallet technology from Privy and Solana DEX protocols to handle transactions in the background, while displaying on-chain holdings alongside centralized exchange balances. The exchange chose Solana due to its fast-moving token markets and retail trader familiarity, offering access to assets that often appear on-chain before centralized listings. However, Kraken clarifies that these on-chain tokens have not undergone the same review process as centralized listings, meaning market risks remain. This integration reflects a broader trend of major exchanges incorporating DeFi features to retain users who seek early access to new tokens. While not replacing advanced DeFi wallets, Kraken's solution seeks to make on-chain trading more accessible to a mainstream retail audience.

bitcoinist06/19 03:31

Kraken Adds Solana On-Chain Token Trading Directly Inside Its App

bitcoinist06/19 03:31

Gate Research Institute: ETF Outflows Suppress Risk Appetite, Two-Way System Navigates Weak Market

Gate Institute Research Report: May 2026 Crypto Market Review & Strategy Analysis In May 2026, the crypto market shifted from an early-month rally to a mid-month correction, concluding with low-volatility consolidation. BTC, ETH, and SOL peaked in early May before declining. The primary market dynamic was a divergence between weakening spot ETF inflows and persistently high leverage-driven perpetual trading volume. A dual-direction moving average cluster breakout strategy outperformed, returning +2.11% for an equally-weighted BTC/ETH/SOL portfolio. This contrasted with a -6.09% return for buy-and-hold and -3.65% for a long-only version of the strategy. Profits were primarily generated from short positions on ETH and SOL during the mid-to-late May downtrend, demonstrating the month's suitability for two-way trend trading. Market structure evolved in three phases: an initial surge (May 1-6), a failure and reversal (starting May 7), and low-volatility compression (May 22 onward). While stablecoin supply remained stable, significant outflows from mainstream BTC and ETH ETFs created selling pressure. Concurrently, high correlation with the S&P 500 (~0.6) and stronger performance from AI equities like Nvidia highlighted crypto's position as a high-beta risk asset within a broader risk-budget framework, lacking independent momentum. The successful strategy employed a 4-hour chart system using a cluster of six moving averages (EMA6,12,24 & SMA6,12,24). A breakout signal was triggered after the cluster width compressed below 2.2%. Trades were managed with a 2.5% fixed stop-loss, a 3:1 Risk/Reward (7.5%) take-profit, and an EMA12-based exit rule to control losses from false breakouts. The strategy's low win rate but high payoff from a few large trend moves was effective in May's conditions. The report concludes that for June, a disciplined, bidirectional approach remains superior to subjective directional bets. The framework should adapt signal weighting based on BTC's position relative to key EMAs, ETF flow trends, and the relative strength of the Nasdaq, prioritizing risk management and trend preservation.

marsbit06/18 08:37

Gate Research Institute: ETF Outflows Suppress Risk Appetite, Two-Way System Navigates Weak Market

marsbit06/18 08:37

As Capital Rotates From Crypto to AI, Zoomex Traders Already Have Access to Both

Zoomex, a crypto derivatives exchange, launches Zoomex Stocks, a tokenized equities trading solution that allows users to access both AI/semiconductor stocks and crypto from a single Unified Trading Account. This comes as institutional capital rotates from crypto (with Bitcoin ETFs seeing outflows) toward surging AI equities. The product offers 12 tokenized U.S. stocks/ETFs (like TSLAx, NVDAx, QQQx) backed 1:1 by real assets via the xStocks model. Key benefits include 24/7 trading with USDT, no separate brokerage account, a flat 0.50% fee, near-instant on-chain settlement, and no geographic restrictions. It enables crypto-native traders to seamlessly diversify into traditional high-growth equities without leaving the Zoomex platform.

TheNewsCrypto06/18 08:23

As Capital Rotates From Crypto to AI, Zoomex Traders Already Have Access to Both

TheNewsCrypto06/18 08:23

Prediction Markets Turn Bearish As Kalshi Traders Price 69% Odds Of Bitcoin Dropping To $50,000 First

Prediction market traders on Kalshi are pricing in a 69% probability that Bitcoin will fall to $50,000 before it reaches $100,000. This reflects a bearish sentiment snapshot among participants on the platform, contrasting with more optimistic cycle-bottom calls from some investors. The odds are not a guaranteed forecast but a live market gauge that can shift quickly with price action and trader positioning. The setup captures a key market debate: whether Bitcoin faces another significant downside leg or is poised for a major bullish breakout driven by institutional demand. The article cautions against over-interpreting the number, noting prediction markets are best used as a sentiment indicator alongside factors like ETF flows and macroeconomic policy.

bitcoinist06/18 05:24

Prediction Markets Turn Bearish As Kalshi Traders Price 69% Odds Of Bitcoin Dropping To $50,000 First

bitcoinist06/18 05:24

World Cup Kicks Off, Spotlight on 'Big Wins' and 'Major Losses' in Prediction Markets

"The World Cup has begun, showcasing dramatic gains and losses in prediction markets. With the 2026 FIFA World Cup expected to generate up to $10 billion in consumer betting volume, platforms like Polymarket have seen explosive activity. The article highlights several high-profile traders. One user (@mintblade) achieved a 100% win rate across four bets, earning $9.24 million in a single day, including a $7.34 million profit from correctly predicting Iran would not win against New Zealand. Another new wallet (@Fishalive) turned a $4.22 million bet on Spain not winning against Cape Verde into $13.28 million, a 1000%+ return after a shocking draw. Other successful traders include @LEEEROYJENKINS with $5.2 million in profits and @endlessFate, who turned early losses into over $7.85 million in weekly gains. However, significant losses also occurred. User @betoor619 lost nearly $1 million after a heavily favored Spain failed to defeat Cape Verde. Another user, @weatherman12, lost over $1.81 million betting against Argentina, which won 3-0 with a Lionel Messi hat-trick. The report serves as a reminder of the high volatility and risk in sports prediction markets, where unexpected outcomes are common."

Odaily星球日报06/18 05:12

World Cup Kicks Off, Spotlight on 'Big Wins' and 'Major Losses' in Prediction Markets

Odaily星球日报06/18 05:12

Kraken Launches CFTC-Regulated Perpetual Futures For US Pro Traders

Kraken has launched U.S. CFTC-regulated perpetual futures contracts for eligible institutional and professional clients, making a core crypto derivatives product available on a compliant domestic platform. The contracts, for assets including BTC, ETH, and SOL, are offered via Kraken Pro with clearing through a registered Futures Commission Merchant. This move brings the popular perpetual futures format, which allows leveraged trading without an expiry date, into the stricter U.S. regulatory framework. It provides professional traders a potential alternative to offshore platforms, balancing regulatory comfort with access to key products. However, the launch is explicitly not for retail investors. Its success depends on whether Kraken can build sufficient liquidity to compete with dominant offshore venues on metrics like spreads and execution quality. While symbolically significant for U.S. market maturity, its practical impact hinges on attracting meaningful trading activity onshore.

bitcoinist06/17 10:47

Kraken Launches CFTC-Regulated Perpetual Futures For US Pro Traders

bitcoinist06/17 10:47

Odaily Editorial Team Tea Talk (June 17)

Odaily Editorial Team Casual Chat (June 17) This is an informal column sharing real-time thoughts from Odaily's editorial team on industry news, data, and events. The content is based on actual investment and observations, does not constitute investment advice, and aims to expand perspectives. Azuma shared recent operations: small-scale buys in crypto (mainly BTC) at relatively high levels, a small addition to HOOD stock, and participation in World Cup prediction markets. He also discussed Hyperliquid, noting that while its token HYPE has performed well, its high price may hinder the expansion of its HIP-3 ecosystem by making market creation cost-prohibitive, potentially limiting the platform to just one major market (trade.xyz). Suzz emphasized the importance of a calm mindset in investing, stating that markets offer perpetual opportunities. He warned against "hindsight bias," where past opportunities seem obvious, and stressed that the present always holds new chances for those with the right knowledge and temperament. Golem analyzed SpaceX's acquisition of AI tool Cursor's parent company, Anysphere, for $60 billion paid entirely in SpaceX stock. He speculated whether Musk's interests might work to keep SpaceX's trading volume and market cap high in the short term to reduce the actual equity cost of the deal, noting current high retail investor enthusiasm. Wenser shared a market outlook: cautiously bullish on BTC, monitoring SpaceX stock post-IPO for a potential rise, observing World Cup trends favoring strong teams, and noting the continued strength of Japanese and Korean stocks. He highlighted Anthropic's potential for a massive future IPO and the defensive investment logic in "picks and shovels" AI infrastructure. Qin Xiaofeng discussed trading HYPE around $56-$70, viewing the $50-$60 range as long-term support due to Hyperliquid's dominance in on-chain traditional asset trading and its substantial fee revenue used to buy back HYPE. On ETH, he noted a divide between disappointed crypto natives and bullish traditional investors like Tom Lee, personally viewing current ETH prices as undervalued.

Odaily星球日报06/17 07:52

Odaily Editorial Team Tea Talk (June 17)

Odaily星球日报06/17 07:52

Bitcoin Decouples From Global M2 Liquidity As Money Supply Hits Record High

Bitcoin is diverging from a record-high global M2 money supply (over $135 trillion), challenging the historical assumption that rising liquidity directly lifts BTC prices. While a bullish view suggests Bitcoin is merely lagging and will eventually catch up as capital rotates into riskier assets, a more cautious "regime-change" argument posits that factors like spot ETFs, institutional flows, and a stronger dollar may have weakened the direct correlation. For traders, this divergence presents a clear macro question to monitor: whether Bitcoin's price will confirm a delayed rally or signal a lasting change in its relationship with global liquidity. The outcome will shape how future liquidity data is interpreted.

bitcoinist06/17 05:32

Bitcoin Decouples From Global M2 Liquidity As Money Supply Hits Record High

bitcoinist06/17 05:32

US-Iran Memorandum Signing Sets Up Macro Catalyst For Bitcoin Traders

Bitcoin traders are watching a potential macro catalyst as the US and Iran are scheduled to sign a memorandum on June 19, 2026, in Switzerland, with Qatar and Pakistan mediating. While not a crypto event, the agreement's relevance lies in its potential impact on geopolitics, oil prices, and inflation expectations—key factors for Bitcoin as a high-beta risk asset. The MoU addresses military operations, sanctions, and reopening the Strait of Hormuz, a critical oil transit route. A successful diplomatic step could ease oil market stress, cool inflation fears, and boost risk appetite, potentially supporting Bitcoin. Conversely, stalled talks or disappointing terms could limit any positive effect. The immediate market test will likely show in oil prices, the US dollar, and equity futures, with Bitcoin reacting indirectly based on shifting liquidity expectations and investor psychology. Traders should monitor the event for changes in broader market uncertainty and risk sentiment, rather than treating it as a direct, standalone catalyst for BTC.

bitcoinist06/17 04:11

US-Iran Memorandum Signing Sets Up Macro Catalyst For Bitcoin Traders