“The ETH futures market has been digesting the possibility, as basis is currently negative, coalescing around the December 2022 expiry,” said Ainsley To, Senior Research Analyst at Genesis Trading. “This reflects hedging demand from the popular trade of the moment – long ETH via the spot market to be eligible for the ETH PoW token in event of a potential fork, and hedging the exposure via ETH futures.”
- Bitcoin
- blockchain
- blockchain compliance
- blockchain conference
- coinbase
- Coindesk
- coingenius
- Consensus
- crypto conference
- crypto mining
- cryptocurrency
- decentralized
- DeFi
- Digital Assets
- machine learning
- Markets
- non fungible token
- plato
- plato ai
- Plato Data Intelligence
- Platoblockchain
- PlatoData
- platogaming
- Polygon
- proof of stake
- W3
- zephyrnet
More from Alontrus Group & CoinDesk
Payments Firm Nuvei’s Ties With FTX Questioned in Spruce Point Short Report
Source Node: 1826379
Time Stamp: Apr 18, 2023
Galaxy Digital Looking to Buy More Crypto Bankruptcy Assets After Deal to Sell FTX’s Coins: FT
Source Node: 1926764
Time Stamp: Dec 18, 2023
Australian Crypto Exchange Swyftx, Share Trading Platform Superhero Abandon Merger Plan
Source Node: 1775704
Time Stamp: Dec 21, 2022
First Mover Asia: Bitcoin Falls to $19.6K as Investors Continue to Mull Fed Chair's Comments
Source Node: 1642975
Time Stamp: Aug 28, 2022
First Mover Asia: Lido DAO Governance Token Down, Staked Ether Stable, as Withdrawal Proposal Comes Into Focus; Bitcoin Rises as Fed Rate Decision Nears
Source Node: 1797731
Time Stamp: Jan 31, 2023
Bitcoin Miner Iris Energy Signs $100M Equity Deal With B. Riley
Source Node: 1688851
Time Stamp: Sep 23, 2022
Can You Believe It? Bitcoin Looks Stable – Green, Even – as Big Tech Stocks Fall Apart
Source Node: 1732076
Time Stamp: Oct 30, 2022
NFT Marketplace Magic Eden Moves to Optional Royalty Model
Source Node: 1723785
Time Stamp: Oct 14, 2022