Bitcoin Is Up 70% a Year After FTX Debacle, but ‘Alameda Gap’ in Liquidity Persists
The ‘Alameda gap’ refers to the worsening of order-book liquidity following the collapse of the FTX group a year ago.
The ‘Alameda gap’ refers to the worsening of order-book liquidity following the collapse of the FTX group a year ago.
The token is up more than four-fold in 2023 after starting the year at around $10.
In this week’s issue of Crypto for Advisors, learn why direct ownership of crypto may be in the best interest of the client.
Historically, puts have seldom traded at cheaper valuations for a prolonged period.
Crypto markets have specific characteristics that align with a strategy of riding momentum in price movements, says Todd Groth, head of research at CoinDesk Indices.
Bitcoin options dealers or market makers are likely to trade in the direction of the market above $36,000, accelerating price gains.
Total value locked across DeFi protocols has risen from $35.8 billion to $42 billion in two weeks.
Options worth $4.5 billion are set to expire on Friday, Deribit told CoinDesk.
Dogecoin and PEPE gained 5%-6% on Thursday, fading the action in a mostly lower cryptocurrency market.
While most observers tie bitcoin’s recent strength to the anticipation of a spot ETF approval, some analysts offer alternative explanations to the crypto’s rise.