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One market observer noted "very concentrated call buying" looking to profit from a rally to between $74,000 and $80,000 by the end of this month.
DeribitStephen-alpherArbelos-marketsBitcoin's slump since March was driven by long-term holders selling, but blockchain data shows the trend has stalled and investors are accumulating BTC, Bitfinex said in a report.
Federal-reserveJoshua-limArbelos-marketsArbelos Markets raises $28 million, amid growing institutional interest in crypto derivatives
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