Bitcoin futures open interest soars to new heights ahead of Coinbase listing
Open interest in Bitcoin futures is soaring but volumes are falling. Go to Source Powered by WPeMatico
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Open interest in Bitcoin futures is soaring but volumes are falling. Go to Source Powered by WPeMatico
Bitcoin’s three-month futures premium reached a record-high of 50%, signaling market inefficiencies. Go to Source Powered by WPeMatico
Retail traders have been using high leverage throughout the current bull market, but that’s not the real reason for today’s marketwide sell-off. Go to Source Powered by WPeMatico
Bitcoin futures open interest on Monday has crossed $23 billion according to data recorded on April 5. The crypto asset exchange Binance has taken the lead as far as open interest in bitcoin futures is concerned with a massive $10.5 billion in open interest. Binance Captures the Bitcoin Futures Lead Not too long ago, Bitcoin.com’s … Read more
After signaling its intention to get exposed to bitcoin, Blackrock, the world’s largest asset manager, has now revealed its initial investments toward the crypto asset. According to the asset manager’s filing with the Securities and Exchange Commission (SEC) on March 31, Blackrock, through its Global Allocation Fund, held 37 bitcoin futures contracts worth $6.15 million. … Read more
The filing from the regulatory body comes after BlackRock chief investment officer Rick Rieder said the firm had “started to dabble” in crypto. Go to Source Powered by WPeMatico
Futures traders are using excessive leverage and historical data shows Bitcoin price crashes tend to occur after the futures premium reaches 30%. Go to Source Powered by WPeMatico
The new futures contract will launch on May 3, 2021, pending regulatory approval. Go to Source Powered by WPeMatico
Ed Tilly, the CEO of Cboe Global Markets, says that the Chicago-based exchange holding company hasn’t “given up on” crypto, despite earlier setbacks. Go to Source Powered by WPeMatico
Major differences in the spot price for bitcoin and the cost of buying the cryptocurrency in the futures market create unique opportunities for traders. Several factors may be behind this development, but it could be bullish for the bitcoin price outlook no matter the catalyst. Curious Developments Could Highlight Supply Shortage or Heightened Derivatives Demand … Read more