Geopolitical tensions, US elections favor Bitcoin ‘debasement trade’: JPMorgan
If Donald Trump wins the United States presidential elections in November, the trend could accelerate, according to the report. Go to Source
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Nasdaq aims to list Bitcoin Index options in US
The announcement follows withdrawals of older applications, signaling progress with regulators. Go to Source
Hong Kong to enhance digital asset regulation in 18 months
By establishing a comprehensive regulatory framework, the city aims to attract global fintech talent, foster innovation, and ensure the security and integrity of digital asset transactions. Go to Source
Bitcoin ‘late longs’ washed out as BTC price falls to $65K
Bitcoin leveraged positions increased over the past week, and a portion of these late longs have been wiped out as BTC price dropped closer to $65,000. Go to Source
Bitcoin traders flag ‘inflection point’ in key futures market metric as BTC breaks range
Crypto traders say Bitcoin is at an “inflection point” after BTC’s open interest rises and the cryptocurrency’s price pushes into a new range. Go to Source
Record $39.4B Bitcoin open interest suggests imminent price breakout
Open interest is often used to gauge the interest and liquidity behind an asset. In Bitcoin’s case, the surge in open interest could signal an imminent breakout. Go to Source
Donald Trump Viewed as ‘America’s First Crypto President’ by Former CFTC Chairman
Former Commodity Futures Trading Commission (CFTC) Chairman Chris Giancarlo has emphasized former U.S. President Donald Trump’s critical role in the cryptocurrency industry, dubbing him “America’s first crypto president” due to the approval of bitcoin futures during his administration. Trump’s crypto stance has evolved significantly since he was in office. ‘Trump May Justifiably Claim to Be … Read more
Bitcoin Futures Demand Blows up in Brazil: 7,400 Contracts Traded on Launch Day
The first bitcoin futures contracts listed on B3, the stock exchange in Brazil, experienced significant interest from investors on debut day. According to a note delivered by the stock operator, 7,400 bitcoin futures contracts were traded, with the instrument reaching a peak of 111,000 orders on screen. While B3 has also bitcoin ETF contracts, futures … Read more
Bitcoin Futures Open Interest Hits Record $37.55 Billion With CME Leading the Pack
On Friday, March 29, 2024, the combined open interest in bitcoin futures reached a new all-time peak of $37.55 billion. This uptick occurs amid buoyant bitcoin markets and a growing attraction from institutional investors. Bitcoin Futures Open Interest Reaches Unprecedented $37.55 Billion Since the close of 2023, interest in bitcoin (BTC) derivatives has escalated, reaching … Read more
Bitcoin Futures Market Attracts Unprecedented Open Interest as Derivatives Appetite Grows
The latest bitcoin derivatives data indicates a continued climb in bitcoin futures open interest, hitting all-time peaks. Over the last day, statistics reveal an open interest of $32.30 billion across fourteen distinct bitcoin futures markets. Soaring Open Interest in BTC Futures Signals Growing Derivatives Market Friday, March 8, 2024, marked a notable day when BTC … Read more