derivatives markets – DIGIT INFO

Crypto Market Slump: Key Currencies Drop Amid Rising Trade Activity

DIGIT — Tue, 30 Jul 2024 17:14:02 +0000

The cryptocurrency market experienced a downturn on Tuesday, decreasing by 1.94% against the U.S. dollar, lowering the total market value to $2.38 trillion. Leading cryptocurrencies, including bitcoin, solana, binance coin, dogecoin, and cardano, faced losses. In contrast, ethereum, xrp, and toncoin achieved modest gains. Crypto Market Dips, Long Positions Lead to $134.65M in Liquidations Bitcoin […]

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Bitcoin Dips Below $70K, Reaches $68,450 Low, $86M in BTC Longs Liquidated

DIGIT — Fri, 07 Jun 2024 19:48:02 +0000

The price of bitcoin fell on Friday afternoon after spending several days above the $70,000 mark. The value dropped to $68,450 on Bitstamp, currently down $1,700 from its intraday high. Bitcoin’s Sudden Drop Impacts Entire Crypto Economy Wipes Out $454M in Longs Bitcoin (BTC) plummeted to a low of $68,450 per unit after reaching the […]

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Report: CME Group to Face off With FTX After Filing for Futures Commission Merchant Status

DIGIT — Sun, 02 Oct 2022 18:30:55 +0000

According to a recent report, the world’s largest derivatives exchange CME Group is looking to register as a direct futures commission merchant (FCM). CME Group’s decision follows the digital currency exchange FTX, as the crypto company applied to become a derivative clearing organization and awaits approval from the U.S. Commodity Futures Trading Commission (CFTC). If […]

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Can Unlimited Fiat and Governments Suppress Bitcoin’s Price? 2 Analysts Discuss the Theory and Odds

DIGIT — Mon, 19 Sep 2022 14:00:26 +0000

The price of bitcoin has dropped 72.9% in USD value since the crypto asset’s all-time high ten months ago and recently, bitcoin’s been trading for just under $19K per unit. This week two prominent crypto market influencers have been discussing how governments could suppress bitcoin markets by shorting the crypto asset. However, one of the […]

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Low Volumes Across Crypto Spot Markets and Derivatives Indicate Bearish Conditions

DIGIT — Sun, 23 Jan 2022 18:49:47 +0000

Digital currency markets have slipped significantly in value during the last two weeks and the lower prices have not sparked higher trade volumes. Data shows cryptocurrency spot market volume has slipped from $1.4 trillion in November 2021, to this month’s $593 billion in volume. Bitcoin futures open interest and volumes have dropped considerably over the […]

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Report: Decentralized Exchange Volume Surpasses $1 Trillion in 2021, Uniswap Leads the Pack

DIGIT — Fri, 24 Dec 2021 07:00:42 +0000

Decentralized exchange (dex) volumes have become very prominent this year and some dex applications have been dealing with volumes that are sizable to large centralized crypto exchanges. During the last seven days, Ethereum-based dex platforms processed $21 billion with Uniswap capturing 71% of all the Ethereum-based dex applications today. Statistics from a report published by […]

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Bitcoin Options Daily Volume Crosses $1 Billion, $100K Strike Introduced for 2021

DIGIT — Fri, 18 Dec 2020 18:30:02 +0000

Cryptocurrency derivatives markets have been seeing significant demand, as daily volumes for bitcoin options crossed $1 billion on December 17, 2020. Most of the record turnover has been taking place on the derivatives platform Deribit, and a large $100k strike has been introduced on the exchange for September 2021. While bitcoin (BTC) spot markets touched […]

The post Bitcoin Options Daily Volume Crosses $1 Billion, $100K Strike Introduced for 2021 appeared first on Bitcoin News.

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