Traders, whales, and ETFs are buying each major dip, but Bitcoin continues to lose momentum, calling the duration of the current bull market into question.
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BTC’s attempt to recapture $20,000 as support failed, but on-chain data reveals a handful of positives.
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On April 30, the crypto-focused data analytics company Skew announced the firm has been acquired by the San Francisco company Coinbase. The exchange will leverage Skew’s data with the firm’s institutional subsidiary Coinbase Prime. The goal is to make “cryptocurrency markets more transparent and accessible for institutional investors.” Coinbase Acquires Analytics Company Skew Skew, the […]
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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 […]
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Over the last few months, the interest surrounding cryptocurrency derivatives products has been growing fast. For some time now, open interest in CME’s bitcoin futures has been breaking records. Bakkt’s futures platform began testing contracts on Monday and the company says there are participants from all around the world. Elsewhere, bitcoin derivatives provider Ledgerx is […]
The post Bitcoin Futures Update: Bakkt Testing, CME Breaks Records, and a $100K Call Option appeared first on Bitcoin News.
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Ever since the Chicago Board Options Exchange (Cboe) announced it was ending its bitcoin futures products back in March, the Chicago Mercantile Exchange (CME Group) has seen a huge influx of bitcoin derivatives volumes. During the second week of May, CME’s bitcoin futures touched a milestone when it surpassed 33,000 contracts ($1.3 billion notional value) […]
The post CME’s Bitcoin Futures Hit New Records appeared first on Bitcoin News.
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The U.S. Federal Reserve system has been very interested in bitcoin lately and has released a bunch of reports from Federal Reserve leaders and researchers from different offices. This past Monday, the Federal Reserve Bank of San Francisco and a professor from Stanford University published a paper that concludes that bitcoin-based futures markets affected the […]
The post San Francisco Fed Says BTC-based Future Markets Played a Role in Price appeared first on Bitcoin News.
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On December 30th, 2016 the price of bitcoin (BTC) was $960 USD, and since then the price had risen 1,941 percent 350 days later to an all-time high of $19,600 across global exchanges. Now the price rests at roughly $13-14K but a lot more has changed this year besides the significant price rises of bitcoin […]
The post 2017: The Year of Altcoins, Forks, and Five Digit Bitcoin Prices appeared first on Bitcoin News.
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It’s been over two weeks since the largest U.S. options platform, the Chicago Board of Trade (Cboe), launched its bitcoin-based futures products. Now over the past week, the firm has applied for six individual exchange-traded funds (ETF) and is waiting for the U.S. Securities and Exchange Commission’s (SEC) approval. Also Read: Popular Chat App Kakao’s Exchange […]
The post Options Giant Cboe Applies for Six Bitcoin-Based ETFs appeared first on Bitcoin News.
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Bitcoin’s price has been in a slump this week after reaching record highs in the USD $19K territory. Since then the price has drifted into the $13K, region losing $6,000 in gains this week. Although the price has seen better days, an unknown trader utilizing the Ledger X options market purchased a contract that predicts […]
The post A Ledger X Bitcoin Contract is Still Pegged for $50K Amid This Week’s Price Decline appeared first on Bitcoin News.
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