Bitcoin derivatives – DIGIT INFO

Bitcoin CME gap drop to $78K possible due to fringe risks surrounding US economy

DIGIT — Thu, 16 Jan 2025 21:30:00 +0000

A Bitcoin futures CME gap below $80,000 could be filled before BTC price treks to new all-time highs in 2025.

WBTC Hits New High on Aave, Coinbase’s Wrapped Bitcoin Supply Soars

DIGIT — Fri, 27 Sep 2024 14:36:53 +0000

It’s been 48 days since Bitgo revealed its partnership with Bit Global on Aug. 9, 2024. Since that announcement, the supply of wrapped bitcoin (WBTC) held on Aave V3 has soared to a new peak. Meanwhile, cbBTC, the bitcoin derivative token from Coinbase, has hit a market cap of $247.8 million. Bitcoin Derivative Landscape Shifts […]

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$100K to $150K — Traders Target Six-Figure Heights With Long-Dated Bitcoin Call Options

DIGIT — Mon, 18 Mar 2024 22:00:55 +0000

Recent data reveals a significant uptick in open interest for bitcoin futures and options across various trading platforms in recent weeks. On Monday, insights from QCP Capital indicated a notable interest in long-term September and December bitcoin calls, aiming for the lofty six-figure price brackets. Confidence Soars With Bets on Bitcoin Exceeding $100K Just last […]

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Is Bitcoin ‘cheap’ below $40,000? BTC derivative metrics are mixed

DIGIT — Mon, 18 Apr 2022 18:49:41 +0000

Bitcoin options markets are pricing further downside while margin traders are going increasingly long.

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BTC Futures Open Interest Continues to Rise Following Bitcoin ETF Listings Last Month

DIGIT — Fri, 05 Nov 2021 13:30:16 +0000

Bitcoin futures open interest continues to remain high after the launch of the first bitcoin exchange-traded fund (ETF) on October 22. While Binance commands $5.81 billion and leads the pack, CME Group holds the second-largest position in terms of bitcoin futures open interest (OI) with $4.1 billion or 16.84% of the aggregate OI. Top Ten […]

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BTC Futures Open Interest Soars Leading up to Bitcoin ETF’s Official Launch

DIGIT — Tue, 19 Oct 2021 17:30:10 +0000

Prior to the launch of the Proshares Bitcoin Strategy ETF (BITO), open interest in bitcoin futures products has been surging since the start of the month, according to data from the Coinbase Institutional arm Skew Analytics. Binance and FTX command the lion’s share of bitcoin futures’ open interest with 40.67% of the market. Moreover, data […]

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Crypto Assets: Securities or Commodities? Commissioner Explains How They Are Regulated in US

DIGIT — Mon, 30 Aug 2021 01:30:24 +0000

A commissioner with the U.S. Commodity Futures Trading Commission (CFTC) has detailed how crypto assets are regulated in the U.S. and whether they fall under the jurisdiction of the CFTC or the Securities and Exchange Commission (SEC). “There has often been a grossly inaccurate oversimplification” of how crypto assets are regulated in the United States, […]

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Massive Short Squeeze Pushes Bitcoin Closer to $40K, Crypto Economy Jumps 9% Higher

DIGIT — Mon, 26 Jul 2021 14:30:30 +0000

The price of bitcoin jumped over 15% in a matter of three hours on Sunday evening and came awfully close to the $40K handle. Since then, the crypto asset has dropped back a few percentages and currently hovers above the $38K range. The entire cryptocurrency economy has spiked 9.72% rising to $1.53 trillion in overall […]

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FTX Slashes Leverage Limit from 100x to 20x — Community Suspects Competitors Will Follow Example

DIGIT — Mon, 26 Jul 2021 06:00:15 +0000

FTX CEO Sam Bankman-Fried told his Twitter followers on Sunday that his crypto exchange has lowered its margin trading limit from 101x to 20x. Prior to the change, FTX supported 50x, 100x, and 101x leverage but Bankman-Fried said these high leverage positions represent “a tiny fraction of volume.” FTX CEO Announces Cutting Leverage Limits, 2x […]

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Uncertainty prevails as December 2021 Bitcoin futures show an inverted pattern

DIGIT — Wed, 14 Jul 2021 00:15:00 +0000

The inverted pattern in the Bitcoin futures curve is a signal that investors’ confidence in BTC price continues to slump.

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