Crypto Mastermind Makes Over $34,350,000 ‘Attacking’ Traders on Ethereum (ETH): Report

2023-05-10 11:05:17 A mysterious entity on the Ethereum (ETH) blockchain has been observed pocketing tens of millions of dollars in profits with a slick technique known as sandwich attacks. The Ethereum address, labeled as jaredfromsubway.eth, has made over $34.3 million in the last three months using a sandwich attack strategy, according to on-chain analysts. Sandwich […]

Why Bitcoin Sees Most Of Its Gains While US Traders are Asleep

2022-06-12 08:03:36 (Bloomberg) — When Wall Street goes to sleep, Bitcoin is usually just getting going. It often parties all night long, and in the process, notches more robust gains than while US markets are open. A hypothetical strategy that buys the coin at the equity-market close — at 4 p.m. in New York — […]

Four Years Later, What Bitcoin Means to Retail Traders

2021-12-22 13:37:00 AT A GLANCE CME Group is celebrating the four-year anniversary of its Bitcoin futures contract (BTC), a product that has helped to revolutionize cryptocurrency trading since 2017. Before the introduction of this contract, traders could only trade actual bitcoin. But that has quickly changed, as average daily volume in CME Bitcoin futures soared to […]