Ethereum futures data suggests that pro traders believe $3,500 ETH is the next stop for the top altcoin.
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Ethereum futures data suggests that pro traders believe $3,500 ETH is the next stop for the top altcoin.
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Open interest in Ether options trading has increased from $50 million to $4 billion over the last year.
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Analysts say billion-dollar liquidations are less of a risk even as the open interest on Ethereum futures hit a new high at $8 billion.
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More than $30 million worth of Ether contracts changed hands on CME during the market’s first day of trade.
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On December 16, the Chicago Mercantile Exchange (CME) announced that CME Group is expanding the company’s crypto derivatives and plans to launch Ethereum futures. The company said the launch is based on increasing client demand and aims to launch the new ether derivatives products on February 8, 2021. While bitcoin (BTC) has touched a new […]
The post CME Group to Launch Ethereum Futures in February Pending Regulatory Approval appeared first on Bitcoin News.
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