‘Overly optimistic’ Bitcoin traders washed out as BTC futures turn ‘neutral’
The Bitcoin futures premium plunged to its lowest levels in 10 months, but traders have refused to turn bearish. Go to Source
futures
Auto Added by WPeMatico
Nasdaq Seeks SEC Approval to Launch Bitcoin Index Options
Nasdaq has filed with the U.S. Securities and Exchange Commission (SEC) to list and trade Bitcoin Index Options. The company aims to provide new tools for institutional and retail investors to manage cryptocurrency investments. The options, pending regulatory approval, will offer European-style exercise and cash settlement features. Nasdaq Seeks to Launch Bitcoin Index Options Nasdaq … Read more
CME to launch bite-sized Bitcoin ‘Friday’ futures in bid for retail
Each futures contract is sized at one-50th of one Bitcoin. Go to Source
Bitcoin’s weekend rally fizzles under $64K — Pro traders take neutral positions
Professional Bitcoin traders have yet to hop on the wagon after BTC’s weekend rally. Cointelegraph explains why. Go to Source
US regulator fines crypto fund $150K for illicit Bitcoin loan
It’s part of the fallout from the industry-wide liquidity crunch triggered by FTX in 2022. Go to Source
JPMorgan Prepares Investors for September Rate Cut With Dual Investment Approach
Favorable economic data this week bolstered market confidence, leading to a strong rally in equities, JPMorgan explained in a report published on Friday. With the Federal Reserve now likely to cut interest rates in September, the global investment bank advises investors to prepare by adjusting their portfolios accordingly. The futures market predicts a 100% chance … Read more
Bitcoin has room to fall amid ‘unusual’ open interest: CoinGlass
Total open interest on Bitcoin futures hit $29 billion on Aug. 16 despite a decline in Bitcoin’s price. Go to Source
Possible Bitcoin price drop to $52K rises as BTC derivatives data shows traders losing hope
Worsening US macroeconomic data and some slight changes in the Bitcoin options market could be signs that BTC’s price weakness is set to intensify. Go to Source
3 key Bitcoin price metrics highlight traders’ lack of enthusiasm
Bitcoin price declines as stablecoin and futures market data show declining confidence among traders. Go to Source
Ethereum futures open interest hits 19-month high, yet ETH price weakness intensifies
Ethereum derivatives metrics show increased activity, indicating higher interest but not necessarily a bullish trend. Go to Source