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A Note to CoinDesk Readers
On Tuesday, we had technical difficulties that prevented us from posting for several hours. We apologize for any inconvenience this may have caused.
By CoinDesk
Updated Sep 13, 2021, 7:23 a.m. Published Jan 17, 2018, 12:49 a.m. 1 min read
At CoinDesk, we strive to provide a world-class user experience to our growing audience as part of our mission to inform, educate and convene the global blockchain community.
On Tuesday, we experienced technical difficulties that prevented us from publishing new content to CoinDesk.com for several hours. Our engineers worked flat out to fix the bug ASAP and existing content remained accessible to users.
While we leveraged our social media platforms (Facebook, Twitter and Medium) to get the latest news out to our audience, we apologize for any inconvenience this situation may have caused on a particularly active day in the markets. Our ability to post stories has been restored and operations are back to normal.
Thank you for your continued readership and support.
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Ether drops below $2,000 amid heavy selling pressure, yet futures open interest hits a record high. This divergences suggests aggressive shorting.
What to know:
- Ether has fallen below $2,000 for the first time since March amid rising risk aversion, with losses of nearly 8% over the past week.
- Open interest in ether futures has hit a record high even as prices drop, a combination that suggests aggressive leveraged selling and a bearish market tilt.
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