Behind the move is a sharp narrowing in the profitability of the basis trade, in which traders attempt to capture a spread by buying spot bitcoin while selling BTC futures.Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]
According to Matt Hougan, chief investment officer at Bitwise Asset Management, much of the crypto…
Options trading on BlackRock's spot bitcoin ETF, IBIT, surged to a record 2.33 million contracts…
Data shows the Bitcoin Fear & Greed Index has continued to decline recently, with its…
Bitcoin (BTC) has officially entered a new bear market after suffering a steep 50% decline…
On-chain data shows the Bitcoin Realized Loss has spiked to its highest level since November…
Bitcoin Magazine Strategy ($MSTR) Soars 25% as Bitcoin Rebounds Shares of Strategy ($MSTR) surged sharply…