Bagikan artikel ini

Peter Thiel-Backed Exchange Bullish Begins Pilot Program

The pilot will use simulated crypto assets and paper money to give invited investors a sample of Bullish's trading interface.

Diperbarui 14 Sep 2021, 1.31 p.m. Diterbitkan 27 Jul 2021, 9.28 a.m. 1 min readDiterjemahkan oleh AI
jwp-player-placeholder

Bullish, the crypto exchange subsidiary of Block.one backed by Peter Thiel, Galaxy Digital and others, is to begin a seven-week pilot program.

  • The pilot will use simulated crypto assets and paper money to give invited investors a sample of Bullish's trading interface, an announcement Tuesday said.
  • Bullish is offering $525,000 in cash prizes divided up between participants who compete in simulated crypto trading games.
  • The program starts today and will last until Sept. 13.
  • Bullish was unveiled in May with more than $10 billion backing in cash and digital assets and is set for a public listing by the end of the year with special purpose acquisition company Far Peak Acquisition.
  • It received a further $75 million earlier this month from SB Northstar, the investment arm of SoftBank.

Read more: The Bear Case for Bullish Is Spelled E-O-S

More For You

Ether's price drops below $2,000. (CoinDesk)

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.