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
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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
Here’s what would happen to Bitcoin if the government tried to take it over
Fear mounted as the FBI announced that it helped Colonial Pipeline retrieve a portion of its BTC ransom payment, but can the government actually take over Bitcoin and the network? Go to Source Powered by WPeMatico
Bitcoin bears dominate Friday’s $2.1B BTC options expiry with a $585M lead
Bitcoin price is struggling to regain the $42,000 support as bears hold a $585 million advantage ahead of Friday’s $2.1 billion BTC options expiry. Go to Source Powered by WPeMatico
Institutional investors dump Bitcoin for gold, JPMorgan analysts say
JPMorgan still sees a $140,000 Bitcoin price as a long-term theoretical target. Go to Source Powered by WPeMatico
Data shows the ‘Bitcoin price drops ahead of CME expiries’ claim is a myth
Many traders believe the narrative that Bitcoin price drops ahead of CME BTC futures expiries, but data shows the trend is all bark and no bite. Go to Source Powered by WPeMatico
100,000 Micro Bitcoin Futures Trade on CME Exchange in First Six Days
More than 100,000 micro bitcoin futures traded on CME in the first six days since launch, the exchange has revealed. CME’s global head of equity index says that this new smaller contract, along with the full-size bitcoin futures, strengthens the exchange’s ability to help a broad array of clients. CME Group, the world’s largest financial … Read more
Goldman Sachs Launches Bitcoin Derivatives Trading as ‘Institutional Demand Continues to Grow Significantly’
Investment bank Goldman Sachs has reportedly begun offering a bitcoin investment product to clients. The firm has opened up trading with non-deliverable forwards, a bitcoin derivatives product. To hedge against the cryptocurrency’s volatility, Goldman Sachs will trade bitcoin futures on CME Group. Goldman Sachs Begins Offering Bitcoin Product to Clients Investment bank Goldman Sachs “has … Read more
CME Group introduces micro Bitcoin futures
The new contract is worth one-tenth the size of a single Bitcoin. Go to Source Powered by WPeMatico
Over $4 Billion in Bitcoin Options Set to Expire Friday, BTC Derivatives Markets Still Frothy
Bitcoin options markets are set to see a large expiry on Friday as more than 77,000 BTC worth over $4 billion in derivatives contracts are set to expire. The lion’s share of bitcoin options stems from the derivatives trading platform Deribit, as the exchange has more than $11 billion in open interest today. Sizzling Hot … Read more
