Bybit to Suspend Services for UK Customers After FCA Crypto Derivatives Ban
Bybit said it will no longer be providing its services following the Financial Conduct Authority’s (FCA) ban on crypto derivatives.
These three events and two metrics show how ether markets are maturing.
Cash and carry traders seek to profit from the spread between bitcoin's price in futures and spot markets.
"Launching a bitcoin ETF in the U.S. will be the key to normalizing the pricing of bitcoin futures," according to JPMorgan.
Bitcoin wiped out more excess bullish leverage with a drop below $54,000 early today, and is now looking north.
The agency hasn't accused Binance of any wrongdoing, according to the Bloomberg report.