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 sharp decline, according to Greeks.Live.
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Some traders have started buying puts to protect against a potential sharp decline, according to Greeks.Live.
The “fear and greed” index reading is now at 87, a sign of “extreme greed.”
Tokenized assets pioneer Centrifuge is linking its BVI-regulated Anemoy fund to Finoa’s 300-plus crypto institutions.
An expected pre-halving rally is a good spot to realize short-term profits, one market observer said.
The funding rate spread has collapsed, indicating increased appetite by traders to speculate further out on the risk curve, one analyst said.
Warren reiterated her disdain for the industry in an interview.
Ilya Lichtenstein, one of the crypto industry’s most high-stakes criminals, is now helping federal prosecutors in their case against Bitcoin Fog, one of the mixing services he said he’d used to conceal assets.
Just four cryptos in the index outperformed Bitcoin’s 5.2% gain.
Bitcoin-focused payments firm Strike is expanding its services to African countries including Nigeria, South Africa and Zambia, the company announced in a blog post Tuesday.
Spot bitcoin ETFs had their best day since their debut on Monday, recording $2.4 billion in daily trading volume coupled with strong inflows.