Bitcoin’s historic ‘Uptober’ trend faces challenges amid high futures interest, cooling spot buys

Bitcoin’s (BTC) usual strong performance in October is threatened by high open interest in futures contracts and flattening buying activity by spot investors, according to the Sept. 30 edition of the “Bitfinex Alpha” report.

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Is Rising Bitcoin Futures Open Interest Cause For Concern?

The aggregate bitcoin futures open interest rise is slightly below all-time levels.

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CME Bitcoin Futures Open Interest Cracks A New ATH, Ethereum Aims for $4k Again

Excitement is creeping back again in the cryptocurrency market as prices start to show early signs of an upcoming rally. Currently trading around $57,500, late on Wednesday, Bitcoin went to surpass $58,600.

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CME Bitcoin futures open interest hits 8-month high, greater than when BTC price was at $65K

Open Interest surged to $3.22 billion on. Oct. 14 to levels not seen since February.

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CME Bitcoin Futures Move Closer to ATH, Here's What That Means for Market

High open interest on Bitcoin futures might cause unrest on the market

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Derivatives data suggests Solana has reached a short-term top

SOL's futures open interest recently hit $1 billion and while the recent price swing liquidated leveraged longs, data suggests the short-term top is not a bearish trend reversal.

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Open Interest For Ethereum Sees Sharp Resurgence, Hits New All-Time Highs

Ethereum has registered a new all-time high of $7. 8 billion on open interest in perpetual futures contracts as the entire crypto market continues to witness an increased interest in crypto derivatives.

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Should you buy FTT before the launch of FTX’s NFT marketplace?

The FTX Token FTT/USD is the utility token used by the FTX cryptocurrency exchange, which can be used to reduce trading fees or serve as collateral against futures positions. Users can also stake the token to earn interest.

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Why crypto derivatives are 'somewhat misunderstood'

Derivatives derive their value from an underlying asset. Crypto derivatives including futures, options, and perpetual swaps have garnered a lot of interest in recent years. In an interview with ForThe post Why crypto derivatives are 'somewhat misunderstood' appeared first on AMBCrypto.

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Back To The Futures: Ethereum CME Open Interest, Trading Volume Balloons

Ethereum has been slowing down on its bullish momentum. The second cryptocurrency by market cap trades at $3,066 with a 4. 2% loss in the daily chart. After two weeks of profits and an incredible rally from the low at $2,000, mostly driven by the implementation of EIP-1559, Ethereum could see some downside in the short term.

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Bank Of America To Roll Out Bitcoin Futures Trading To Wall Street Investors

For many years, the idea that a traditional financial institution could venture into the bitcoin space was considered laughable. Recently, however, we have witnessed immense interest in crypto from banks.

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Derivatives Now Dominate Crypto Volume, Gaining Nearly 54% Market Share in June: Report CryptoCompare

Open interest on Bitcoin futures products dropped 31. 8%, more than across ETH future's 28. 3% drop, according to CryptoCompare data. As for exchanges, Binance, which had the highest OI across all derivatives products, saw the biggest 38.

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CME Group Micro Bitcoin Futures Quickly Pass One Million Contracts Traded

CME Group saw more than one million of its micro bitcoin futures contracts traded in under two months after launch, indicating high interest.

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Open Interest On Binance Bitcoin Futures Soaring While New Money Is On Its Way

Cryptocurrency prices recovered sharply from Tuesday’s losses; however, the market hasn’t come out of the woods yet. Currently, around $33,000, Bitcoin remains trapped within the range of the mid-$30,000s while Eth is trading near $1,900.

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Goldman Sachs Becomes First Major U.S. Bank To Begin Trading Bitcoin – Who’s Next?

Despite bitcoin’s apparent lull after plunging over 30% from its historic high in May, institutional interest in bitcoin is still rising. United States investment bank Goldman Sachs has launched a bitcoin (BTC) futures trading product for its clients in partnership with Mike Novogratz’s crypto merchant bank, Galaxy Digital.

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Goldman Sachs announces Ethereum futures, institutional interest grows

US multinational bank Goldman Sachs Group Inc plans to offer trading in Ethereum (ETH) futures, the company’s global head of digital assets, Mathew McDermott, told Bloomberg. The post Goldman Sachs announces Ethereum futures, institutional interest grows appeared first on CryptoSlate.

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A ‘Significant Amount of Interest’ Pushes Goldman Sachs to Offer Ether Options & Futures Trading

Mathew McDermott, head of digital assets at the bank, said clients are eager to trade crypto assets at current prices, which are currently at a “more palatable entry point” following the “cleansing exercise” in terms of leverage reduction.

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Goldman Sachs Expands Cryptocurrency Trading Desk With Ether Futures and Options

Investment bank Goldman Sachs has reportedly unveiled its plans to expand its cryptocurrency desk to offer ether futures and options trading. The bank says “institutional adoption will continue,” noting that “Despite the material price correction, we continue to see a significant amount of interest in this space.

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Chance of a price crash increases as Cardano (ADA) futures near $1B

ADA's price crashed the last time its futures open interest reached $1 billion, leading traders to question whether or not it is about to happen again.

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Record prices further enhance adoption of HRC steel futures contract

The NYMEX US Midwest HRC contract settled on CRU has recently surged to record levels of open interest and is seeing continued growth in trading volumes.

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ETH Futures Open Interest Across all Exchanges Hits All-Time High

ETH has been adding incredible returns for crypto investors over the past few months. As per data from CoinMarketCap, the second-largest cryptocurrency soared to a new lifetime high of over $3,450 on May 3.

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ByBit Bitcoin Futures OI Drops by Nearly 50% During the Latest Market Sell-off

The exchange has lost 7% of total open interest in the bitcoin futures market share in the last 9 days. This has the funding rates flat despite the return of greens. The post ByBit Bitcoin Futures OI Drops by Nearly 50% During the Latest Market Sell-off first appeared on BitcoinExchangeGuide.

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Bappebti, Indonesia’s futures regulator considers crypto taxation

Bappebti, Indonesia’s Commodity Futures Trading Regulatory Agency is contemplating introducing taxation for crypto transactions. A report unveiled this news on April 27, noting that the authority’s move is inspired by the increasing interest in cryptocurrencies in the country.

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Ethereum Targeting October for The Merge through Scaling Project ‘Rayonism’

Ether is enjoying a lot of momentum with prices aiming for fresh ATH as interest for the cryptocurrency gains interest from retail and institutions alike, as seen in the volume recorded by CME ETH futures, inflows into Ether funds, and four ETH ETFs gaining traction.

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CME Bitcoin Futures Traders Makes No Significant Changes in Position, Despite Weak Price Action

A total of 8,680 BTC, worth roughly $2. 3 billion at the price of $53k per BTC, is the open interest (OI) on Bitcoin futures on CME Group, as of April 23rd. The OI on CME has declined by roughly 850 contracts as spot prices made a pullback last week.

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3 things every crypto trader should know about derivatives exchanges

Understanding open interest, funding rates and the differences between futures contracts is the starting point for any investor interested in trading crypto-based derivatives.

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Bitcoin futures open interest soars to new heights ahead of Coinbase listing

Open interest in Bitcoin futures is soaring, but volumes are falling.

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Record $8B open interest on Ethereum futures shows the pros are 'here'

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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XRP price hit $1 after a surge in its futures open interest

Following the SEC lawsuit filed against Ripple and XRP late last year, many observers would have thought that the price of the token will drop considerably and take a long time to come up. But, surprisingly, that hasn’t been the case.

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XRP futures open interest reaches $1.2 billion record

Positive news regarding the Ripple–SEC lawsuit saw XRP's price rally above $1 and its futures open interest to reach an all-time high.

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Institutional Investors Shift Interest to Ether But Bitcoin Fundamental Shows ‘Healthy Bull Market’

On CME, Ether futures volume and OI is up 50-60%, while for Bitcoin, it is declining. Still, several metrics show that people are not preparing to sell their BTC and have “longer-term conviction” in the trillion-dollar crypto asset.

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Polkadot futures open interest hits $1B as DOT price reaches a new ATH

The open interest of Polkadot futures soared to $1 billion, eclipsing Litecoin and XRP to make DOT the third-largest futures market.

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BTC Futures Open Interest Hits $23B, Binance Captures Lion’s Share, Signals Say 43% Chance of $64K Bitcoin by Month’s End

Bitcoin futures open interest on Monday has crossed $23 billion according to data recorded on April 5. The crypto asset exchange Binance has taken the lead as far as open interest in bitcoin futures is concerned with a massive $10.

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BTC On-Chain Analysis: A Look at Funding Rate & Open Interest

While the funding rate is not yet at the same level as it was on March 13, open interest has already reached this level. Funding Rate Funding rates indicate the premium that futures traders have to pay (or receive) to keep a position open.

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Bitcoin bulls take a breather while BTC price slips below $55,000

Sellers pushed Bitcoin price below $55,000 even as record-high BTC futures open interest and optimism surrounding the issuance of $1,400 stimulus checks for Americans had traders anticipating a rally.

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Bullish uptrend intact as Bitcoin futures open interest hits $22.5B

Bitcoin may be en route to retest underlying support levels but the record $22.5 billion open interest on BTC futures shows bulls expect the uptrend to continue.

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What's in store for Bitcoin's price this weekend?

Bitcoin's price is moving towards its ATH level of $58330 and as the price rises, the leverage on derivatives exchanges continues to build-up. For the first time ever, Bitcoin futures open interest haThe post What's in store for Bitcoin's price this weekend? appeared first on AMBCrypto.

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Bitcoin futures open interest hits new ATH as traders flock to derivatives

Traders are racing to speculate on Bitcoin in the derivatives markets, with open interest in BTC futures approaching $20 billion for the first time.

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Bitcoin Outstanding Futures Contracts Reach All-Time High

Cryptocurrencies continue to amass interest of late. In fact, every aspect of the digital asset space has recorded significant growth. This is due to the high influx of retail and institutional traders.

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Huobi Futures Makes its Partnership Program More Profitable with Transaction Fee Rebate Boost

Huobi Futures has seen significant demand over the last year with its annual trading volume ranks first globally. Open interest and trading volume have been soaring, and new user registrations are increasing by the day.

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ETH Futures Daily Volume on CME Hits $75.8 Million – Double Rise from Friday

Glassnode has reported that by today ETH futures daily volume on CME has surged to $75.8 million and the aggregate open interest now totals $62 million

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Ethereum Debuts On CME To $55M In Futures Open Interest

Ethereum price is trading at just below $1,800 per token after following Bitcoin’s upward trajectory to new all-time highs. Part of the buzz and momentum was generated by the introduction of Ether Futures trading on the Chicago Mercantile Exchange, also known as CME Group.

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December Bitcoin (BTC) Futures Trading $10k Above Spot Price

With the aggregate value of all Bitcoin futures reaching $14 billion last week, it’s safe to say that cryptocurrency derivatives are gaining significant interest. A futures contract allows its owner to purchase the underlying asset at a pre-agreed price at some specified time in the future, similar to an options contract.

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Trade Record-Breaking Crypto Futures On The Fastest Exchange

2021 has already been an explosive year for cryptocurrencies, and it is only just the beginning. Bitcoin’s unstoppable rally has spilled into altcoins like Ethereum, and it has resulted in prices and open interest of both reaching new all-time highs early in the new year.

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ETH Futures Contracts Launch Reveals Investor Interest in DeFi and Stablecoins

The world’s leading derivatives marketplace CME Global Group launched Ethereum futures contracts on February 8 right on schedule as announced via an earlier notice on its website. Each Ethereum futures contract represents 50ETH and CME registered 388 Ethereum contracts (19,400 ETH) by the end of the first day of trading. Digital savings and lending platform […]

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Bitcoin Futures Open Interest Smashes $15 Billion, CME Registers Over $33 Million in ETH Contracts

Following the revelation that Tesla now owns $1. 5 billion in bitcoin, crypto spot markets across the board skyrocketed. Data shows that crypto derivatives markets also saw significant demand as bitcoin futures open interest tapped $15 billion on Monday.

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BlockFi Officially Launches the Bitcoin Trust with Fidelity Digital Assets as Custodian

CEO Zac Prince called the timing of the BlockFi Bitcoin Trust launch “ideal. ” Last month, the popular crypto lender, which paid a record $28 million in interest, also ran an OTC desk and cleared the first-ever block trade for Ethereum futures on Monday.

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Ethereum tops $1,800 amid massive interest in ETH futures

ETH/USD reached a high of $1,815 for the time in the coin’s history The…

The post Ethereum tops $1,800 amid massive interest in ETH futures appeared first on Coin Journal.

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Record $6.5B futures open interest signals traders are bullish on Ethereum

The open interest on Ethereum futures hit a record $6.5 billion as ETH rallied to $1,750 and traders increased their leverage.

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