{
Tony Au

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Bybit launches lucky draw for first-time depositors with crypto rewards
Bybit is launching a campaign for first-time depositors, offering rewards ranging from 5 USDT to 0.1 BTC through its One-Click Buy feature. Participants who deposit at least $100 will receive a lucky draw ticket with a guaranteed win, available until January 16, 2025. The initiative aims to simplify crypto trading and enhance accessibility for new users.
Crypto News Flash
ARE SGP Tony Au Joan Han
Finance & Economy, Press Release
12:49 20.12.2024
bitcoin reaches all time high while ethereum options signal bullish sentiment
Bybit's latest crypto derivatives report reveals Bitcoin (BTC) reaching an all-time high, while the derivatives market adopts a cautious stance, indicating a reset in leverage. In contrast, Ethereum (ETH) options show bullish sentiment, with significantly higher open interest in call options compared to puts, reflecting traders' optimism about ETH's potential.
Crypto News Flash
ARE Tony Au
Finance & Economy, Market Report
15:16 19.12.2024
eth options lead over btc as perpetual positions decline
Bybit's latest derivatives report reveals a decline in ETH perpetual positions while ETH maintains a lead over BTC in options open interest. The report attributes the drop in ETH open interest to weak spot prices and a pullback in BTC, with funding rates stabilizing after a wave of liquidations. Despite lower trading volumes, ETH options show a bullish trend ahead of year-end expirations, contrasting with BTC's flat options structure.
Crypto News Flash
ARE Tony Au
Finance & Economy, Market Report
17:07 12.12.2024
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