Assessing Bitcoin, Ethereum derivative market with changing market dynamics
The analysis looks into multiple facets of the derivatives market. It notes that while
has returned since the start of 2023, the derivatives demand has been a bit restrained. Nevertheless, both BTC and ETH achieved substantial demand in particular segments.BTC’s funding rate registered some activity in January and even less in the first half of February. However, the latest rally triggered a large spike inThe most recent spike which peaked on 16 February marks the highest level of BTC funding rate seen so far on a YTD basis.
The Deribit report confirms that ETH and BTC annualized yields have recovered substantially in line with spot demand.The common theme with the above findings is that derivatives demand for BTC and ETH are in recovery mode. However, there is still some restraint in the market. The reason for this is that investors took on heavy losses and this has forced many to take a more conservative stance. We may, however, see a higher appetite for risk if the market goes through a state of euphoria as seen in 2021.Subscribe to get it daily in your inbox.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
![Ethereum [ETH] stuck at $1,700 as bulls need to overcome this Fib level](https://i.headtopics.com/images/2023/2/18/cryptoamb/ethereum-eth-stuck-at-1-700-as-bulls-need-to-overc-ethereum-eth-stuck-at-1-700-as-bulls-need-to-overc-1626696742157668366.webp?w=640)
Ethereum [ETH] stuck at $1,700 as bulls need to overcome this Fib levelDisclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. ETH has been rejected at $1,743 and faces OB at a 78.6% Fib level. Fluctuating open interest (OI) could keep the above challenge going. After the release of US CPI, investors’ risk-on approach has […]
Read more »
![Ethereum [ETH] holders bridging to L1 & L2 should read this](https://i.headtopics.com/images/2023/2/18/cryptoamb/ethereum-eth-holders-bridging-to-l1-l2-should-read-ethereum-eth-holders-bridging-to-l1-l2-should-read-1626741537148219393.webp?w=640)
Ethereum [ETH] holders bridging to L1 & L2 should read thisBlockchain insight firm mentioned that L1 and L2 bridges could be risky for ETH. The wallets provided by Optimism and Arbitrum may not be as safe as intended. The Ethereum [ETH] blockchain, as big as it is, suffers from the challenges of scalability, efficiency, and finalizing transactions. However, the advent of Layer-one (L1) and Layer-two […]
Read more »
Assessing reasons behind MATIC’s unprecedented spike in its valueMATIC whale supply distribution has risen to 11% in February. 30-day MVRV reflects profits as active addresses decline. Recently, there has been a rise in the price of Polygon [MATIC], and this increase appears to have been caused by the activity of some whale addresses. What are some of the likely reasons behind the actions […]
Read more »
TRX metric skyrockets, beating ETH and UNI, but concerns prevailThe Tron blockchain outperformed most DeFi projects in terms of protocol revenue. Longs were liquidated as TRX failed to make a significant increase. According to DeFi Llama, Tron [TRX] improved its protocol revenue as of 15 February. The protocol revenue is calculated by considering the protocol’s supply side actors and combining it with the liquidity […]
Read more »
ETH struggles to bypass resistance range but open interest suggests…Sell pressure is building up following a retest of a key resistance level. Profit-taking in the futures market was observed but whales are holding on to their bags. Ethereum’s native cryptocurrency ETH achieved a new YTD high during Thursday’s (16 February) bull run. However, it has since pulled back, confirming that the bulls are battling […]
Read more »
![Ethereum [ETH] capitulation soon? Look at these PoS metrics first](https://i.headtopics.com/images/2023/2/16/cryptoamb/ethereum-eth-capitulation-soon-look-at-these-pos-m-ethereum-eth-capitulation-soon-look-at-these-pos-m-1626220856446963714.webp?w=640)
Ethereum [ETH] capitulation soon? Look at these PoS metrics firstA profitable trading day is really hard to come by. Especially when an American billionaire investor (Yes, Charlie Munger) has just called for a ban on cryptocurrencies. Funnily enough, 14 hours (at press time) after his statement to CNBC, the market was nowhere near its doomsday. In fact, Bitcoin [BTC] was trading in the upper […]
Read more »