Bitcoin derivatives

100,000 Micro Bitcoin Futures Trade on CME Exchange in First Six Days

<div class=”featured_image_container”> </div> <strong>More than 100,000 micro bitcoin futures traded on CME in the first six days since launch, the exchange has revealed. CME’s global head of equity index says that this new smaller contract, along with the full-size bitcoin futures, strengthens the exchange’s ability to help a broad array of clients.</strong> CME Group, the …

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Over $6B in Bitcoin Options Set to Expire Today, April Contracts Show Bets for $80K per BTC

<div class=”featured_image_container”> </div> <strong>A number of options traders are betting that bitcoin prices will tap $80,000 by May 2021. Meanwhile, over 100,000 bitcoin options worth more than $6 billion are set to expire on Friday, smashing the previous record expiry seen in January.</strong> $6 Billion in Bitcoin Options Set to Drop, April Bets Target $80,000 …

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Bitcoin In Contango: How Pricing Differences Can Foreshadow Further Gains

<div class=”featured_image_container”> </div> <strong>Major differences in the spot price for bitcoin and the cost of buying the cryptocurrency in the futures market create unique opportunities for traders. Several factors may be behind this development, but it could be bullish for the bitcoin price outlook no matter the catalyst.</strong> Curious Developments Could Highlight Supply Shortage or …

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CME Group Outpaces Competition Becoming the World’s Largest Bitcoin Futures Market

End of Western Union Remittance Service to Cuba a Boon for Crypto As new U.S. government measures that impose restrictions on remittances to Cuba becomes effective after November 22, Western Union, which has been operating in the island nation since 1999, will close shop. The new rule, which was published on October … read more. …

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Bitcoin Derivatives See Record Highs, Year-End BTC Options Show 29% Chance Price Crosses $20K

<div class=”featured_image_container”> </div> <div class=”td-a-rec td-a-rec-id-content_top “><a data-bid=”1″ href=”https://news.bitcoin.com/linkout/411174″ rel=”nofollow noopener noreferrer” target=”_blank”><img loading=”lazy” src=”https://scoreit.online/wp-content/uploads/2020/11/daw_1456x360-47.jpg” alt width=”1456″ height=”360″></a></div><strong>As the crypto economy sets its sights on half of a trillion in USD value, digital currency derivatives markets are swelling significantly. Bitcoin futures have surpassed a six-month high at $52 billion, while the crypto asset’s options markets …

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BTC Options Open Interest Surges, Traders Look to an Unfilled Bitcoin Futures Gap at $18K

<div class=”featured_image_container”> </div> <div class=”td-a-rec td-a-rec-id-content_top “><a data-bid=”1″ href=”https://news.bitcoin.com/linkout/422919″ rel=”nofollow noopener noreferrer” target=”_blank”><img loading=”lazy” src=”http://scoreit.online/wp-content/uploads/2020/11/lottery-new-bn-7.jpg” alt width=”728″ height=”180″></a></div><strong>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 …

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Spot Markets, Not Leverage, Fuel Bitcoin’s Price Rally Amid Mild Derivative Liquidations

Red-hot spot markets are primarily fueling bitcoin’s recent rally as the leading cryptocurrency trades at three-year highs around $15,500, suggesting the bull market may have room to continue. Unlike previously rallies, derivatives markets are playing a markedly less prominent role, demonstrated by mild liquidation volumes.  The presence of derivatives in bitcoin’s ongoing rally is “muted …

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Genesis Doubles Crypto Loan Issuance for the Third Quarter to $5.2 Billion

<div class=”featured_image_container”> </div> <div class=”td-a-rec td-a-rec-id-content_top “><a data-bid=”1″ href=”https://news.bitcoin.com/linkout/387399″ rel=”nofollow noopener noreferrer” target=”_blank”><img loading=”lazy” src=”https://scoreit.online/wp-content/uploads/2020/11/wb_728x180.jpg” alt width=”728″ height=”180″></a></div><strong>Crypto lender Genesis provided $5.2 billion in new loans in the third quarter of 2020, more than double its previous record of $2.2 billion in the preceding quarter.</strong> Issued to corporate borrowers such as hedge funds and trading …

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Open Interest on Bitmex Drops 16%: Investors Withdraw 37,000 BTC in Less Than 24 Hours

Data from Arcane Research shows that open interest on Bitmex’s bitcoin derivatives market touched a new low of 45,122 BTC on October 1. The figure represents a 16% drop since the CFTC announced charges against Bitmex and its executives for allegedly operating an unregistered trading platform. According to Arcane Research’s post on Twitter, “the former …

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BitMEX’s Receding Market Share Might Have Spared Bitcoiners Bigger Sell-Off

Four years ago, when the Seychelles-based cryptocurrency exchange BitMEX announced a new product called the “perpetual bitcoin leveraged swap,” few traders in nascent digital-asset markets could have anticipated what a major impact the obscure roll-out would have on the industry. But the instrument, which made it easy for customers to trade the equivalent of $100 …

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