LONDON – A Wall Street analyst
known for his bullish stance on bitcoin has flagged the
possibility that bitcoin futures contracts could be hurting the
cryptocurrencies price.
CME Group and CBOE both launched bitcoin futures products in
December when bitcoin was trading close to record highs around
$20,000.
Bloomberg reports that Lee wrote that traders who are long
bitcoin and short futures could sell bitcoin during the price
auction to cause the price to drop and leave their futures
contracts “with a handsome profit.”
The Commodity Futures Trading Commission, which has oversight of
bitcoin futures, is
said to be involved in a US Justice Department probe into market
manipulation of bitcoin.
Coinfloor, a UK-based bitcoin exchange operator,
announced plans for a physically settled bitcoin futures contract
in March.
Data shows traders have set up fresh Bitcoin positions on the perpetual futures market during the past day, and the Funding Rate suggests they are long bets. Bitcoin Open Interest Has Witnessed An Uptick According to data from on-chain analytics firm Glassnode, the surge Bitcoin has seen to kick off Monday has come alongside a spike in the Bitcoin perpetual futures Open Interest.
CME Group is set to introduce a new Bitcoin futures contract, dubbed Bitcoin Friday futures, on September 30, pending regulatory approval. These smaller-sized contracts are designed to attract retail investors who may find existing offerings or the price of Bitcoin…
Analysis of Bitcoin futures and ETF trends suggests potential market corrections and investors strategize in the current economic climate.
The post Bitcoin futures hint at another market correction after FOMC meeting appeared first on Crypto Briefing.
Brazil’s popular stock exchange, B3, has announced the receipt of approval to provide Bitcoin futures starting April 17. B3 said that the Bitcoin futures will be tied to the Nasdaq Bitcoin Reference price.
The overnight price volatility in bitcoin and other cryptocurrencies washed out a notable chunk of leverage from the market, with bitcoin alone seeing more than $65 million worth of liquidations in futures markets.
Bitcoin Open Interest on CME hits over $4 billion.
The Bitcoin weighted funding rates remain positive.
The Open Interest in Bitcoin [BTC] Futures has experienced a notable rise in the past fThe post Bitcoin futures soar to record heights - What next? appeared first on AMBCrypto.
Bitcoin’s price jumped from $35,708 to $37,279 between Nov. 8 and Nov. 9, triggering a massive response from the futures market. The total volume of Bitcoin futures traded across all exchanges leaped from $27.
The Chicago Mercantile Exchange (CME) Group witnessed a record-shattering performance in the third quarter with regards to the trading of Bitcoin and Ethereum futures and options contracts. The increase in trading activity serves as evidence for heightened involvement of institutional investors in the market for cryptocurrency derivatives.
Quick Take Amid Bitcoin’s near 20% surge to the $35,000 mark within the past five days, the volume of Bitcoin futures contracts witnessed an astounding rise of 233% in just 24 hours, signaling a heightened level of trading activity.
Data shows the Bitcoin rally above the $28,400 level has triggered $110 million in liquidations across the cryptocurrency futures market. Bitcoin Rally Leads To Mass Liquidation Event In Futures Market During the past day or so, Bitcoin has rapidly increased, as its price has gone from the $27,000 mark to above the $28,000 level. This […]
Quick Take Current data shows an intriguing shift in the Bitcoin futures market. Bitcoin’s open interest, referring to the total number of funds poured into open futures contracts, has dipped below 1.
The crypto market has lost its sparkle lately, with bitcoin futures trading volume drying up as the flagship cryptocurrency struggles to stay afloat. Bitcoin futures open interest, which measures the buzz around upcoming contracts, has dropped to a 5-month low of $11.
Bitcoin exchange-traded funds see increased excitement from market participants, with new ETF applications and the latest uptick in fund inflows. ProShare’s Bitcoin futures fund, BITO, recently recorded its highest weekly inflow (in twelve months), totaling around $65 million.
Bitcoin futures market experiences mixed reception post-FTX crash, impacting price volatility and utility.
Recent data showed a decline in crypto-margined collateral, improving derivative collaThe post Bitcoin [BTC] Futures: Key metric touches historic low as traders shift from volatility appeared first on AMBCrypto.
An analysis of Bitcoin and Ethereum futures volume showed that both had re-established themselves over spot volume.
The post Bitcoin and Ethereum futures are re-exerting dominance over spot markets appeared first on CryptoSlate.
Global stocks and U.S. futures are also up today. Bitcoin Crosses $30,000 After weeks of dismal price action, Bitcoin is showing signs of life. The leading cryptocurrency broke past the...
B3, the Brazilian stock exchange, will begin trading bitcoin futures contracts within the next three to six months and hopes to offer crypto-based services.
On-chain data shows Bitcoin futures open interest has jumped up more than $1. 5 billion in just a few hours as the crypto’s price breaks past $44k again. Bitcoin Futures Open Interest Adds More Than $1.
It’s the last Friday of the month, and even of the year, with Wall Street’s CME bitcoin futures expiring. Bitcoin thus has given us the traditional -10%, down from $52,000...
Bitcoin plunged overnight after a sell off that began during the stocks opening intensified this Shanghai morning. Green stock futures again turned red once the market opened as an address...
Bitcoin's value once again hit the top above $60,000. At the time of writing, it was surfing just above $65,000, and the market seemed to strongly support this value. However, the pertinent question iThe post Bitcoin hits new ATH after Futures ETF launch pushes it past $65,000 appeared first on AMBCrypto.
Last week, the US Securities and Exchange Commission announced it would be approving Bitcoin futures ETFs. Invesco was among the firms that filed applications to start offering this product, but it is now dropping out of the race.
With two Bitcoin futures ETFs set to make market debut, let's dive deep into the cost associated with owning these contracts. ProShares Bitcoin futures ETF is reportedly set to go live on 18 October, The post Why investors are not entirely sold on investing in a Bitcoin futures ETF appeared first on AMBCrypto.
Key takeaways The SEC shared an investor education bulletin for investing in Bitcoin Futures ETFs. The educational material is being considered as a confirmation that a Bitcoin futures ETF approval may soon be in sight.
Bitcoin futures do not directly affect the price of Bitcoin. It, however, does not mean that they do not weigh on the price of Bitcoin. Let’s look into the details. Defining Bitcoin Futures Bitcoin futures is a contract between two traders that mandates one of the traders to buy or sell Bitcoin at a specificRead More
Global investment management firm VanEck has submitted a proposal to the U.S Securities and Exchange Commission (SEC), for a Bitcoin futures mutual fund. No Direct Investment in Bitcoin In a Form N-1A filing with the SEC on Monday (June 21, 2021), VanEck stated that the Bitcoin Strategy Fund seeks to invest in bitcoin futures. TheRead More
1/10th of a Bitcoin, over 100,000 micro bitcoin futures worth $570 million, traded in the first six days of its launch.
The post CME Group Sees ‘Strong Adoption’ of Micro Bitcoin Futures first appeared on BitcoinExchangeGuide.
The U.S. securities watchdog has announced it will scrutinize mutual funds that include investments in bitcoin futures markets to verify funds that comply with the Investment Company Act. The institution warned about the dangers of investing in bitcoin futures markets due to the implicit volatility of the underlying asset. SEC Warns Funds About Bitcoin Futures […]
3 мая Чикагская товарная биржа (CME Group) запустила торговлю новым инструментом на базе первой криптовалюты — фьючерсами Micro Bitcoin. Coming May 3 – get ready for the launch of Micro Bitcoin futures with a video series on contract basics, how it compares to the larger Bitcoin futures, and different ways to use it.
This spike appears to come after bitcoin finally soars past $50,000 for the first time in history. In light of BTC’s astronomical rally, Bitcoin futures worldwide have already aggregated an unprecedented $14 billion in value.
Wall Street’s bitcoin futures expire tomorrow after their biggest month in terms of volumes so far. An incredible 97,605 bitcoin equivalent contracts exchanged hands on Tuesday, worth some $1.7 billion....
Bitcoin prices have been volatile during the last few weeks, but have managed to climb higher in value at the same time. This week bitcoin derivatives markets, specifically futures and options, show that crypto asset traders should expect more swings going forward.
American based crypto on-ramp and lender BlockFi will now act as a liquidity provider for clients trading bitcoin futures and options on the Chicago Mercantile Exchange (CME). This deepens bitcoin’s exposure to traditional markets.
Crypto pundit NoLimit has explained why the Bitcoin, Ethereum, and Dogecoin prices have been dumping recently. He specifically raised claims of manipulation, with these crypto prices recording gains and then fully retracing those gains.
Ethereum’s momentum in institutional markets just hit a major roadblock. After months of enthusiasm surrounding spot Ethereum exchange-traded funds (ETFs), new data has shown that ETF flows have sunk to their worst monthly total since their launch.
SUI Group announced a key partnership with the decentralized exchange Bluefin to drive institutional adoption of crypto products on the Sui blockchain.
Wall Street was upbeat Tuesday, with Dow Jones Industrial Average rising more than 150 points and S&P 500 and Nasdaq jumping to record highs as Nvidia and a Microsoft-OpenAI deal boosted US stocks.
The US stock market has just achieved a historic milestone, closing at its highest weekly levels ever recorded. The S&P 500 finished the week at 6,791. 68 while the US 100 Index reached 25,358. 15, both setting new all-time highs.
T. Rowe Price, the US asset manager with $1.8 trillion in assets, has filed to launch its first crypto exchange-traded fund, according to regulatory filings and market reports. The filing seeks registration with the US Securities and Exchange Commission for an actively managed product that would give investors exposure to a basket of digital tokens […]
After a powerful multi-month rally, gold crashed on Oct. 21. It was the biggest gold price drop in more than a decade, falling from $4,330 to $4,030 in just a few hours. Gold’s market cap dropped by $2.1 trillion in…
