Bitcoin Market Feels “Too Efficient” As Arbitrage Opportunities Vanish – What...
As Bitcoin (BTC) tries to recover from its weekend sell-off that saw it almost crash to $100,000, some crypto analysts think that the BTC market likely “lost its pulse.” As a result, the leading cryptocurrency may be on the cusp of losing its bullish momentum. Bitcoin At The Risk Of Losing Momentum? According to a CryptoQuant Quicktake post by contributor TeddyVision, Bitcoin’s Inter-Exchange Flow Pulse (IFP) has been trending lower, confirming that inter-exchange activity is slowly fading. Related Reading: Bitcoin Buyers Dominate On Binance As CVD Confirmation Nears 0.9, Signaling $130K....
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A new working paper from Canada's central bank has found little evidence that arbitrage opportunities in cryptocurrency markets exist. The paper, Competition in the Cryptocurrency Market, analyses 10 months of publicly available data from exchanges like BTC-e and Cryptsy, from May 2013 to February 2014. Examining how 'network effects' (the phenomenon of new users augmenting the value of a technology) affect competition in the cryptocurrency economy, the paper looks at competition between both cryptocurrencies and cryptocurrency exchanges. The authors write: "For exchanges, we find little....
As of May 12, bitcoin price in the South Korean exchange market is $2,076, approximately 12.7 percent higher than that of the global average price. To be exact, bitcoin is being traded on South Korean exchanges and trading platforms at a price that is $269 higher than the global average price of $1,807. Ever since the debut of venture capital backed and regulated bitcoin exchanges including Korbit and Bithumb, the South Korean bitcoin exchange has presented excellent arbitrage opportunities for traders. South Korean bitcoin exchange have always demonstrated a high premium on their listed....
The hedge fund co-founder says it is keeping its investment powder dry for when the crypto market resumes its parabolic advance. Crypto hedge fund Nickel Digital Asset Management cycled into a cash position following the crypto market collapse of May. According to Bloomberg, the $200 million crypto hedge fund led by JPMorgan and Goldman Sachs alumni redeployed its capital in anticipation of another explosive price run for cryptocurrencies.Prior to piling into a cash position, Nickel Digital focused on cryptocurrency arbitrage opportunities resulting from cryptocurrency price differences....
Bitcoin traders have been reaping the benefits of arbitrage opportunities for many years now. In fact, there is a growing need for arbitrageurs and market makers, as they are the main providers of liquidity in any financial context. BitMEX, a platform specialized in trading Bitcoin derivatives, has integrated Bitcoin futures contracts with China stocks. This is a major step forward for the legitimacy of Bitcoin as a viable trading tool, both for investing and speculation across other markets. China A50 Bitcoin Futures On BitMEX. It goes without saying that Bitcoin and traditional financial....
NAV Coin has seen major price action the last several months, with lots of major updates. Some of them produced creative new arbitrage opportunities, but possibly the most exciting was the development of the NAVTech network. Although NAV Coin has long been touted for financial privacy, NAVTech allows more decentralized (and thus safer) anonymity, making it an attractive option for investors in dark markets. When last we covered NAV Coin, they were in the midst of some massive upgrades. Instead of forking their blockchain, however, they decided to start a new one, which recorded the old....