Binance Adds New Bitcoin Futures as Crypto Market Volume Turns Bearish
A cautious mood in the Bitcoin futures markets contrasts with Binance’s optimistic launch of quarterly contracts. Go to Source Powered by WPeMatico
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A cautious mood in the Bitcoin futures markets contrasts with Binance’s optimistic launch of quarterly contracts. Go to Source Powered by WPeMatico
Data from the crypto analytical firm Skew.com shows that bitcoin options are maturing much faster than the futures markets launched in December 2017. Skew’s data shows that the open interest in bitcoin options has risen significantly in the last few months. Bitcoin options “are starting to play catch up with the more mature futures market,” … Read more
CME is gaining presence in Bitcoin options in a market still dominated by Deribit and exchanges, new data reveals. Go to Source Powered by WPeMatico
Bloomberg has forecast bitcoin to reach its record high of $20,000, and possibly $28,000, this year. According to the company’s June Crypto Outlook report, “something has to really go wrong for bitcoin not to appreciate in value.” Bloomberg points to quantitative easing and the coronavirus pandemic as the fuel behind bitcoin’s maturity, particularly when benchmarked … Read more
Volumes for Bakkt’s futures delivered in BTC are trumping fiat settlements as markets rise to fill a days-old CME gap. Go to Source Powered by WPeMatico
Since the market rout on March 12, otherwise known as ‘Black Thursday,’ bitcoin futures and options contracts have seen significant demand. On May 14, CME Group saw the total number of outstanding derivatives contracts (open interest) touch a high of $142 million. Four days later, CME broke records again. Data from the researchers at Skew.com … Read more
BitMEX firmly leads the market when it comes to Bitcoin futures OI, with Binance in second place, according to new data from Bybit. Go to Source Powered by WPeMatico
As the Federal Reserve admits to “flooding” the market with cash, Bitcoin consolidates its post-halving position at $9,500. Go to Source Powered by WPeMatico
The Chicago Mercantile Exchange, or CME, recently saw record Bitcoin trading numbers in multiple categories. Go to Source Powered by WPeMatico
FTX debuts a product which delivers quarterly settlements based on Bitcoin’s hash rate, calculated using the average difficulty. Go to Source Powered by WPeMatico