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  • Thu. Dec 1st, 2022

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  • Data shows Bitcoin and altcoins at risk of a 20% drop to new yearly lows

Data shows Bitcoin and altcoins at risk of a 20% drop to new yearly lows

The total crypto market capitalization dropped to the $1 trillion support, and weak stablecoin demand and a largely absent funding rate reflect traders’ negative sentiment.

Crypto conspiracy theories abound, but prop traders are just doing their job

FTX founder Sam Bankman-Fried and Alameda Ventures made recent headlines for bailing out a handful of CeFi crypto platforms this week, but what exactly do market makers do?

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