October Sees Retail Investors Shifting Focus to Crypto Derivatives
22.10.2024 19:00 1 min. read Alexander Stefanov
In October, the cryptocurrency market saw a 13% increase in market capitalization, rising from $2 trillion to $2.3 trillion, driven by increased activity from retail investors.
These investors are focusing more on derivatives trading instead of spot trading, with demand for Bitcoin transactions under $10,000 growing by 13% after four months of declines.
The number of weekly active stablecoin addresses also reached a three-year high, indicating strong trading activity.
While daily spot trading volumes on centralized exchanges remained stable at $50 billion to $100 billion, derivatives trading surged, with Open Interest exceeding $260 billion, the highest in a year.
However, investor Lark Davis noted a lack of significant interest in crypto-related searches, implying that retail investors may primarily be engaging in derivatives trading rather than broader market activities.
-
1
SEC Drops Probe Into PayPal’s Stablecoin, Clearing Path for Crypto Expansion
01.05.2025 8:00 2 min. read -
2
U.S. Court Shuts Down Treasury’s Attempt to Reblacklist Tornado Cash
30.04.2025 18:00 1 min. read -
3
New ETFs Leverage Bitcoin, Ethereum, and Gold for High-Risk Strategies
09.05.2025 17:00 2 min. read -
4
Wall Street Giant Moves Closer to Offering Direct Crypto Trading
01.05.2025 18:00 1 min. read -
5
A New Bitcoin Giant? Trump Insider Prepares $300M Public Crypto Firm
08.05.2025 22:00 2 min. read
FIFA Teams Up with Avalanche to Launch Its Own Blockchain
FIFA is deepening its Web3 ambitions by launching a tailor-made blockchain on Avalanche, aimed at hosting its expanding digital collectibles ecosystem.
Stablecoin Issuers Could Soon Be Major Buyers of U.S. Treasuries, Says Senator
U.S. Senator Bill Hagerty believes stablecoin issuers are on track to become some of the largest holders of U.S. Treasury debt as the regulatory landscape for digital dollar-pegged assets evolves.
Crypto.com Gains EU Approval to Offer Regulated Crypto Derivatives
Crypto.com has taken another major step in its European expansion, earning regulatory approval to offer crypto derivatives across the European Economic Area under the EU’s financial instruments directive.
Bitget Wallet Unveils Major Redesign to Push Crypto Into Everyday Life
Bitget Wallet is taking a big leap forward in its evolution—from a trading app to a full-service crypto lifestyle platform.
-
1
SEC Drops Probe Into PayPal’s Stablecoin, Clearing Path for Crypto Expansion
01.05.2025 8:00 2 min. read -
2
U.S. Court Shuts Down Treasury’s Attempt to Reblacklist Tornado Cash
30.04.2025 18:00 1 min. read -
3
New ETFs Leverage Bitcoin, Ethereum, and Gold for High-Risk Strategies
09.05.2025 17:00 2 min. read -
4
Wall Street Giant Moves Closer to Offering Direct Crypto Trading
01.05.2025 18:00 1 min. read -
5
A New Bitcoin Giant? Trump Insider Prepares $300M Public Crypto Firm
08.05.2025 22:00 2 min. read