CME Data Shows Institutional Investors Undeterred by Bitcoin Price Drop
This week Bitcoin price corrected sharply after rejecting at $10,400 but CME BTC futures data shows institutions remain bullish. Go to Source Powered by WPeMatico
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This week Bitcoin price corrected sharply after rejecting at $10,400 but CME BTC futures data shows institutions remain bullish. Go to Source Powered by WPeMatico
Looking at the current Bitcoin price momentum, some cautious optimism appears to be warranted. Open interest on CME’s Bitcoin options seems to confirm as much, although no immediate push to $10,000 should be expected. Many people would like to see the value of Bitcoin hit five digits once again. Are Things Looking up for Bitcoin? … Read more
On May 29, CME BTC contracts expire, meaning Bitcoin price could experience volatility before and after the expiry. Go to Source Powered by WPeMatico
CME customers would rather trade cash-backed Bitcoin products at present. 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
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. Go to Source Powered by WPeMatico
Bitcoin underwent its third halving and institutional demand continues to be on the rise Go to Source Powered by WPeMatico
While spot volumes held strong, monthly derivatives trade fell by 25% last month Go to Source Powered by WPeMatico
Open interest has surged to a $400 million high this month, while institutional traders are increasing their exposure, not trading Bitcoin. Go to Source Powered by WPeMatico
Bitnomial joins the likes of CME and Bakkt to legally trade BTC derivatives Go to Source Powered by WPeMatico