Friday, June 21, 2024

This Is Why Altcoin Investors Struggle Despite Bitcoin, Ether Sitting Near Yearly Highs

Constantly diluting supply with token unlocks, selling pressure from venture funds, lack of fresh inflows to crypto and seasonal trends all contributed to the brutal drawdown in altcoin prices.

source https://www.coindesk.com/markets/2024/06/21/this-is-why-altcoin-investors-struggle-despite-bitcoin-ether-sitting-near-yearly-highs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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Long DATs, Short Futures: A New Wrinkle On The Basis Trade

As regulated futures proliferate across alts, the “long DAT, short futures” trade could become an ideal way for Wall Street to capture crypt...