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Markets are expected to be volatile this week, as a great number of bitcoin and ethereum options are set to expire this Friday. Data shows more than 87,000 bitcoin options will expire and 77% of the action is held on the Deribit exchange. U.S. stocks dropped hard on Monday, as the Dow Jones Industrial Average […]
The post Turbulent Crypto Markets Expected – 87K Worth of Bitcoin Options Set to Expire on Friday appeared first on Bitcoin News.
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After a 17% drop in the Bitcoin price within a seven-day span, options market data shows investors are turning cautious.
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Volumes on bitcoin futures offered by Bakkt set a record high on July 27, with 11,500 contracts traded on the institutional exchange. Altogether, the contracts are worth about $126 million, at the time of writing. Each contract is equivalent to one bitcoin (BTC). Total open interest – an indicator of the total number of outstanding […]
The post Bakkt Futures Volume Hits $122 million, as Bitcoin Reached New 11-Month High appeared first on Bitcoin News.
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Crypto derivatives trading volumes plunged 36% to $393 billion in June, the lowest they have reached in 2020, according to a new report by Cryptocompare. The decline may be the result of a lull in investor interest in the instruments during the month in review. In May, derivatives – contracts signed by at least two […]
The post Crypto Derivatives Volumes Crash 36% to $393 Billion in June, a Low for 2020 appeared first on Bitcoin News.
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Cryptocurrency markets and bitcoin price stability might be coming to an end soon, as a number of skeptics and speculators expect a big move after today’s options derivatives contracts expire. Bitcoin prices have been less volatile during the last three weeks, but over 114,000 bitcoin options with a notional value over $1 billion set to […]
The post Over $1B in Bitcoin Options Set to Expire Today – Crypto Speculators Expect Massive Shakeup appeared first on Bitcoin News.
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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,” […]
The post Data Shows Bitcoin Options Markets Are Maturing Much Faster Than Futures appeared first on Bitcoin News.
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CME Bitcoin options open interest has soared to $142 million in the first half of May, marking an increase of over 10 times the value at the end of last month.
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The U.S. Commodity Futures Trading Commission (CFTC) has approved a new bitcoin derivatives trading platform. Bitnomial Exchange will list margined and physically delivered bitcoin futures and options. Besides Bitnomial, the CFTC has only approved a handful of other platforms to offer bitcoin derivatives trading, such as CME, Cboe, and Bakkt. CFTC Approves New Bitcoin Derivatives […]
The post CFTC Approves New Cryptocurrency Derivatives Platform — Bitnomial to Offer Regulated Bitcoin Futures appeared first on Bitcoin News.
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The introduction of institutional heavyweights like CME, CBOE and Bakkt to the bitcoin space was heralded by many as the key to solidifying bitcoin’s mainstream acceptance, and driving prices to a stabilized moon. While this hasn’t played out exactly as some predicted, it is still early in the game, and bitcoin futures markets do arguably […]
The post How Institutional Players Like CME, CBOE and Bakkt Influence the Bitcoin Price appeared first on Bitcoin News.
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The global markets company Chicago Mercantile Exchange (CME) has seen considerable demand since launching its options contracts in the wake of the firm’s bitcoin futures. On the first day of swaps, CME’s bitcoin options saw 55 contracts ($2.3 million). By the end of the week, the firm’s bitcoin options volume more than doubled with 122 […]
The post Demand for Crypto Derivatives Swells as CME’s Bitcoin Volume Rises appeared first on Bitcoin News.
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