Bitcoins Share in Crypto Futures Trading Slides as Altcoin Profits Allure Traders CoinDesk
News Source : CoinDesk
- Crypto traders are increasingly looking to alternative cryptocurrencies as 2023 draws to a close.The dollar value locked in the number of active futures contracts tied to bitcoin now accounts for 38% of the market-wide notional futures open interest of $30.45 billion..
- Bullish group is majority owned by Block.one; both groups have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin..
- In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange..
- That's the lowest in at least two years, according to data tracked by Coinalyze..