Crypto Traders Hedge Bitcoin Rally After 40% Rise in 4 Weeks, Options Data Show
Some traders have started buying puts to protect against a potential correction, according to Greeks.Live.
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Market
Financial
Falling Bitcoin-Ether Spread is Music to Altcoin Traders’ Ears
The funding rate spread has collapsed, indicating increased appetite by traders to speculate further out on the risk curve.
First Mover Americas: Bitcoin’s Bitfinex-Led Surge
The latest price moves in crypto markets in context for Feb. 27, 2024.
Financial
Stablecoin USDC Is Making a Comeback: Coinbase
Total market cap of Circle’s USDC has increased faster than that of larger rival Tether’s USDT in recent months, the report said.
Financial
Chart Expert Peter Brandt Raises Bitcoin’s 2025 Target to $200K on Channel Breakout
Brandt expects bitcoin’s ongoing bull market to peak at $200,000, a significant upward revision from the previous estimate of $120,000.
Financial
Bitcoin Funding Rates Jump to 100%, Sparking Opportunity for Savvy Traders
One observer said that elevated funding rates offer crypto hedge funds exceptionally attractive arbitrage opportunities.
Financial
Bitcoin Shorts Lose $150M as BTC Poised For ‘Tremendous Upside’
A market observer said that bitcoin and crypto markets will enter an “unprecedented phase of adoption” as prices eventually breach lifetime peaks.
Financial
Stablecoin Market Cap Hits $140B, Highest Since 2022 Amid USDC Resurgence, Tether Growth
Stablecoin supply is a “thermometer” for money flows entering the crypto market, one analyst noted.
Financial
Bitcoin Indicator Suggests Potential for Leverage Washout
A ratio related to bitcoin futures and the volatility of options has more than doubled this year, signaling outsized levels of leverage and speculation.
Financial
Ether’s $3K Breakout Partly Fueled by Dealer Hedging, Analyst Says
Options dealers likely bought ETH in spot/futures market to hedge their short positions in call options, adding to bullish momentum, BloFin’s Griffin Ardern said.