Ethereum Overtakes Bitcoin in Futures Volume, Fueling Altcoin Rotation

preview image

Recent data from analytics firm Glassnode indicates a significant shift in the cryptocurrency market, with Ethereum's perpetual futures volume dominance surpassing Bitcoin's for the first time since 2022. This "largest" volume skew in ETH's favor suggests a strong rotation of speculative interest towards the altcoin sector, potentially signaling a burgeoning altseason.

Read more

Comments

Post a Comment

Popular posts from this blog

BitMEX Exposes Lazarus Group's Cyber Security Vulnerabilities

Image
BitMEX's security team has exposed significant operational security vulnerabilities within the Lazarus Group, a North Korean state-sponsored cybercrime organization. Their counter-operations probe revealed critical lapses, including exposed IP addresses, database access, and tracking algorithms, offering unprecedented insight into the group's methods and structure. Read more
Read more