Price spike: Are whales front-running the approval of a Bitcoin futures ETF?
Bloomberg senior analyst Eric Balchunas says there is a 75% chance that the SEC will approve a Bitcoin futures ETF this month. A surge in Bitcoin prices today may be in response to increased speculation that an exchange-traded product could finally be approved in the coming weeks.BTC prices are up 7% over the past 24 hours and have surged a whopping 32% over the past week according to CoinGecko. This bullish price action for BTC only, may be a form of front-running by big bag holders in anticipation of a futures ETF approval by the U.S. Securities and Exchange Commission.On Oct. 7,....
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Avoiding fallout from positions “putting in a local bottom” has been standard practice for prior BTC price bottoms, one analyst shows. Bitcoin (BTC) whales are betting on a rebound as fresh data shows “classic” bottom behavior.According to on-chain analytics platform CryptoQuant, large-volume investors are moving coins to derivatives exchanges en masse this month.Analyst: Whales protectin positions “forming a local bottom”As BTC/USD hit its lowest levels since the end of June, whales were responding kind.In one of its Quicktake market updates posted on Sept. 7, CryptoQuant analyst Maartunn....
Splitting the transaction into multiple smaller transactions, periodic auction matching, and adjusting the low slippage are various ways to avoid front-running. Decentralized exchanges (DEXs) nip in the bud several issues concerning their centralized counterparts such as concentration of liquidity in the hands of a few players, compromise of funds in case of a security breach, closed control structure and more. One issue, however, that has refused to subside is front-running. Unscrupulous players are still finding ways to defraud unsuspecting traders.If you have received less than expected....
Front-running is a type of insider trading that affects an asset's market price. Read this guide to learn how to prevent front-running in crypto. How to prevent front-running in crypto?Users can limit front-running by splitting the transaction into many smaller transactions and adjusting the low slippage. Similarly, developers can use anti-front-running measures like making transactions private and using a hidden mempool. Users can break large transactions into smaller ones instead of executing them all at once, which reduces the appeal of transactions with front-running bots due to the....
The report outlines how the researchers identified and isolated generalized front-running bots while evaluating their efficiency.
It’s a classic euphoria setup on Bitcoin markets Thursday as traders flip long BTC in ever larger numbers. Bitcoin (BTC) faced fresh doubts over the strength of its bull run on Oct. 7 as analysts eyed a potential reversal of Wednesday’s short squeeze.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewFunding rates in the red zoneData from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it hovered near $54,000 after failing to establish support at the $55,000 mark.The previous day had seen an abrupt surge to highs of $55,700 for Bitcoin, which was accompanied by major....