Beware of robber banks (RB), bad advisors.
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Crypto derivatives market saw its busiest trading day of 2020 on Tuesday
Cryptocurrency derivatives trading struck its highest trading volumes of 2020 on Tuesday, while bitcoin jumped by 9% and ether by 16%, per data compiled by Skew. For Bitcoin futures contracts, roughly $25 billion traded hands during the single day, making Jan. 14 the busiest session since Oct. 26. Meanwhile, open interest on bitcoin futures was up by 16% to $3.5 billion, with cryptocurrency exchanges OKEx and BitMEX seeing the largest volumes. The BTC options market also experienced its best day since June 26, with Deribit taking up a lion share of the overall trading volumes while LedgerX and CME led the U.S. ... (full story)