Institutional Traders Split Between Bitcoin, Ether: Bybit Research
Numbers from the exchange show institutional traders largely ignored alternative cryptocurrencies in favor of perceived “safe” assets.
Numbers from the exchange show institutional traders largely ignored alternative cryptocurrencies in favor of perceived “safe” assets.
Tokens in the DeFi and Culture & Entertainment sector indexes gained 39%-42% over the past month, showcasing the widening breadth of the crypto rally.
The latest price moves in crypto markets in context for Dec. 1, 2023.
MicroStrategy is also looking to raise up to $750 million in a sale of class A common stock.
AntPool said it would verify the identity of the sender if they sign an on-chain message via another bitcoin transaction using the same message – which will prove ownership.
Antpool mined the block and the sender’s wallet was set up just minutes before the transfer.
The notional open interest in BTC options listed on Deribit rose to a record $15 billion last week as traders scrambled to take bullish exposure.
The inflow comes as bitcoin has gained 7% this month, extending October’s 28% rally.
Key options market gauge suggests ether could continue to see more action than bitcoin in the coming weeks.
Bitcoin hit an 18-month high near $38,000 before pulling back sharply.