Bears lick their paws while Bitcoin price blasts through $46,000
Derivatives data show the market is dominated by longs and that top traders added leverage as BTC price rallied to $46,300. Go to Source Powered by WPeMatico
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Bitcoin bulls control Friday’s $1.7B monthly options expiry
Bitcoin’s surge above $40,000 boosted the bulls’ advantage in this month’s $1.7 billion options expiry. Go to Source Powered by WPeMatico
Bitcoin price hits $32K but derivatives metrics still show signs of weakness
Bitcoin price rallied 8.5% to recover the $32,000 level, but derivatives data shows pro traders still feel apprehensive. Go to Source Powered by WPeMatico
Bitcoin price is down, but here’s 3 reasons why $1B liquidations are less frequent
This year crypto derivatives traders faced some tough times, but the current situation seems much more favorable to Bitcoin bulls. Go to Source Powered by WPeMatico
Here’s why pro traders expect further downside from Ethereum price
Ethereum’s EIP-1559 upgrade is fast approaching, but derivatives data shows traders are less than optimistic about ETH’s short-term prospects. Go to Source Powered by WPeMatico
CME Micro Bitcoin futures surpass 1M contracts as institutional speculation grows
The Chicago-based derivatives market launched its Micro Bitcoin futures product in early May, providing investors with smaller positioning opportunities. Go to Source Powered by WPeMatico
Goldman Sachs Leverages Crypto Management Firm Galaxy Digital to Swap Bitcoin Futures
Galaxy Digital’s co-president Damien Vanderwilt announced today that his firm has partnered with Goldman Sachs to help provide bitcoin futures products. The partnership marks one of the first occasions where an American multinational investment bank has partnered with a crypto asset service provider. Galaxy Serves as Goldman’s Counterparty for Bitcoin Futures Trading Goldman Sachs is … Read more
Goldman Sachs to offer Bitcoin futures trading in partnership with Galaxy Digital
Mike Novogratz’s Galaxy Digital will serve as the counterparty entity for Goldman Sachs’s Bitcoin futures trading product. Go to Source Powered by WPeMatico
DeFi exchange dYdX raises $65M in Series C fundraiser
The dYdX platform allows users to trade perpetual contracts with exposure to various crypto markets. It claims to have built the fastest decentralized exchange through layer-two solutions. Go to Source Powered by WPeMatico
Traders look for Bitcoin price daily close at $41K to confirm bullish reversal
Bitcoin’s range breakout boosted sentiment but traders are waiting for a daily close above $41,000 before taking more decisive action. Go to Source Powered by WPeMatico