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
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JPMorgan still sees a $140,000 Bitcoin price as a long-term theoretical target. Go to Source Powered by WPeMatico
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
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
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
The new contract is worth one-tenth the size of a single Bitcoin. Go to Source Powered by WPeMatico
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
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
The American global markets company Chicago Mercantile Exchange (CME Group) has announced the launch of a new bitcoin futures product on May 3, 2021, if U.S. regulators approve the product. The new contract is a micro bitcoin futures product that represents 0.1 bitcoin rather than CME’s other contract that equals five bitcoin. The smaller contract … Read more
The new futures contract will launch on May 3, 2021, pending regulatory approval. Go to Source Powered by WPeMatico
January proved significant in terms of Bitcoin futures trading average daily volume for the CME. Go to Source Powered by WPeMatico