Bybit exchange’s CEO believes maturity of the crypto derivatives market plays an important role in attracting more institutional investors.
Hackers have transferred roughly $38.7M out of $1.3B worth of Bitcoin from wallets connected to the infamous 2016 hack of crypto exchange Bitfinex.
As Bitcoin rallied through $10K, derivatives markets started to show signs of excessive leverage but the market remains tilted toward bulls.
At a webinar targeting financial advisors, Grayscale’s managing director preached the value of Bitcoin and warned against physical representations of the asset.
The purported investment fund is exhibiting some shady behavior.
Digital Assets Data CEO Mike Alfred explains increased Bitcoin interest from a number of parties.
Bitcoin price rallied to $11,394 and surging volume suggests bulls have plans to press the price even higher.
On-chain exchange activity exploded during Bitcoin’s recent breakout, seemingly confirming the legitimacy of the price momentum.
According to Chainalysis, almost one million Bitcoin is held by Dark Web markets and cybercriminals, with crypto exchanges playing a pivotal role in the space.
On-chain data shows Bitcoin’s recent surge to $10K is not pressuring traders to sell, meaning BTC could rally higher.