stable coins
By Evie Vavasseur
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A Prize Pool That Could Hit 600,000 USDC. The financial incentive is big. The pool can scale up to 600,000 USDC, which puts it well above…
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How Signalplus Fits In. Signalplus isn't just branding on the press release.
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Five Weeks Is a Long Time. The duration is worth noting. Five weeks — July 6 to August 10 — is long enough that short-term…
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Registration is live. Deribit and analytics firm Signalplus have kicked off sign-ups for "The Island," a five-week trading competition that carries a prize pool of up to 600,000…
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The contest runs from July 6 at 08:00 UTC through August 10 at 23:59 UTC. Deribit hosts the competition on its own platform, so all the actual trading happens there.
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The financial incentive is big. The pool can scale up to 600,000 USDC, which puts it well above most trading contests in the derivatives space.
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But the private island angle is what's going to get people talking. It's the grand prize, and it's genuinely unusual.
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No details. That's a real gap in the announcement.
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Signalplus isn't just branding on the press release. The firm's analytics suite is supposed to give participants actual usable data — performance metrics, positioning insights,…
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See also: Bitcoin Climbs Above $63,000 While XRP Jumps 5% on Thin Holiday Volume
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Crypto derivatives markets can move fast. Anyone who's traded options on Bitcoin or Ethereum through a volatile macro week knows that a strategy that works on day one can look…
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Deribit is the platform running the whole thing, and it's one of the better-known names in crypto options and futures.
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It's also long enough that the broader market has room to throw surprises at everyone. A sudden regulatory headline, a sharp move in Bitcoin, a liquidity event — any of those can…
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See also: Hinkal Loses $820K in USDC After Smart Contract Flaw Hit on July 4
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Registration is open now. Full entry requirements still haven't been laid out publicly in detail, which is a little murky for traders trying to plan.
The Currency Analytics
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