While a correlation between equities and crypto has become more apparent during the last year, Singapore’s QCP wrote that there is a limit to this correlation because of the increasing importance of the crypto options market.As the bitcoin and ether markets followed the bearish sentiment of the equities market as the week began, bitcoin and ether tumbled below $40,000 and … [Read more...] about Crypto Options Market Starting to Have Material Impact on Spot Market: QCP Capital
QCP
Crypto Options Traders Turn to DeFi for Altcoin Bets as QCP Slings $1B
Decentralized finance (DeFi) is fast becoming a preferred avenue to hedge smaller cryptocurrencies beyond bitcoin (BTC) and ether (ETH), as leading centralized derivative exchanges like the Chicago Mercantile Exchange and Deribit remain fixated on the two market leaders.Singapore-based QCP Capital, an early investor in the dominant centralized crypto options exchange Deribit … [Read more...] about Crypto Options Traders Turn to DeFi for Altcoin Bets as QCP Slings $1B