Non event? Why Friday’s $272M CME Bitcoin futures expiry is irrelevant
Historical data shows Bitcoin price drops by 2.3% ahead of CME futures expiry, should traders expect increased volatility? Go to Source Powered by WPeMatico
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Historical data shows Bitcoin price drops by 2.3% ahead of CME futures expiry, should traders expect increased volatility? Go to Source Powered by WPeMatico
Digital currency markets have increased significantly in value during the last 24 hours as the market capitalization of all 5,700+ coins is up over 2.4% on Friday. Bitcoin has been inching toward the $12k region again and ethereum touched a high over $442 a coin during the afternoon trading sessions. Crypto Market Cap Crosses $365 … Read more
The CFTC has made comprehensive crypto regulation a strategic objective to accomplish over the next few years, referring to digital assets as “21st century commodities.” Go to Source Powered by WPeMatico
According to a number of crypto prediction markets and futures, Trump will still win the election in 123 days, but his chances have lessened a great deal. No matter who wins, however, the large sums of money flowing into these wager platforms indicate that people love to bet on election outcomes. It’s been roughly four … Read more
Cryptocurrency markets and bitcoin price stability might be coming to an end soon, as a number of skeptics and speculators expect a big move after today’s options derivatives contracts expire. Bitcoin prices have been less volatile during the last three weeks, but over 114,000 bitcoin options with a notional value over $1 billion set to … Read more
$675 million worth of Bitcoin options is expiring today. Experts explain its potential impact on Bitcoin’s price. Go to Source Powered by WPeMatico
The cryptocurrency bitcoin is trading at an all-time high relative to its social activity, explains the crypto research firm Tie. The analysts at Tie believe the ratio indicates that bitcoin is being driven by institutional trading. Meanwhile, statistics from Google Trends shows the terms “bitcoin” and “buy bitcoin” dropped from the 100 point highs to … Read more
Here’s how the crypto derivatives market compares to the traditional derivatives one. Go to Source Powered by WPeMatico
Cryptocurrency derivatives trading volumes climbed 32% in May to a new record high of $602 billion, according to data analytics company Cryptocompare. Total spot volumes grew at a slower pace, rising 5% to $1.27 trillion in May, the London-based firm said in a new report published June 4, 2020. The figures show increasing investor interest … Read more
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