Tag Archives: Binance Futures

Binance exchange had seen an all-time high in daily trading volume of more than $12 billion exchanged over the past 24 hours as of April 29th, 2020. The last time the exchange had seen volume at the current levels was in January 2018.According to Changpeng Zhao (CZ), the CEO of Binance, the last time the daily volume spiked over $11 billion was during January 2018, which was the peak of the famous 2017 crypto bubble.As per the data from CoinMarketCap, Binance saw over $12 billion of daily...

Bitcoin futures contracts allow traders to speculate on the price of Bitcoin without necessarily have to own it. They are a derivative product that gained serious popularity in the past years.Traders are always looking for information that would give them an edge in the market. Arguably, the most valuable data is that which offers an insight into what other traders are doing.Open Interest (OI) could provide some of this information with appropriate interpretation. Understanding it and its...

In times of severe volatility, trading volumes typically go up, and the last couple of weeks are no exception. Binance, the world’s leading cryptocurrency exchange, has decided to create a trading tournament where users can team up and share in a combined prize pool that can grow to as much as $1 million worth of BNB.It’s important to note that trading futures and leveraged assets is not recommended for beginners, as it involves high risk of losing your capital.Binance Futures Trading...

The novel coronavirus took the world by a storm like lightning from a clear sky. In a little more than a few months, over 200,000 people from across the globe got infected, while the death count continues to rise.This urged governments to take immediate action, and it feels as if the whole world is under quarantine. Naturally, the fear of the unknown and how far it could go caused a lot of turmoil in the financial and stock markets.Companies are feeling the impact of the virus as major...

Binance Futures has added Bitcoin as an option to be used as cross collateral. Traders are now able to leverage their BTC held on the Exchange wallet to borrow Tether (USDT) on the Futures platform.Binance Futures Cross Collateral Options Grow With BitcoinThe Futures platform of the leading cryptocurrency exchange by trading volume, Binance, announced earlier today on adding a cross collateral function for Bitcoin, in addition to Tether (USDT). By this move, the Binance Futures platform...

The recent volatility in the global markets and the cryptocurrency markets has raised most trading volumes. Bitcoin options, for instance, reached a new all-time high yesterday. The futures market also saw a massive jump in the volume, as Binance Futures breaks its all-time high record.Bitcoin Options Volume SoarsThe past several days have been quite harmful to the cryptocurrency market in terms of price action. For example, the leading digital asset by market capitalization, Bitcoin, lost...

With Bitcoin’s price increase in 2020, so does the interest in futures trading. A few days ago, for instance, CME recorded one of its best trading days with over $1 billion in daily volume.Other significant names in Bitcoin Futures trading, including BitMEX and Binance, are also noting impressive volumes lately.CME Bitcoin Futures Volume SpikesThe Chicago Mercantile Exchange (CME) opened its Bitcoin Futures platform in late 2017. It’s a regulated establishment that allows contracts to be...

Within 10 days, Binance will announce a new product dubbed ‘Binance Cloud’. There was also a job announcement on Binance called for a Senior Cloud Engineer, indicating that the company is looking into the cloud and perhaps even a decentralized one.In a revealing ‘Ask Me Anything’ (AMA) the CEO of Binance Changpeng Zhao hinted at a new line for the major cryptocurrency exchange under his guidance. Even though Zhao did not reveal much, he did say that in the next 10 days, they will be ready to...

So far, 2020 has been a remarkably positive year for Bitcoin. Not only has the price of Bitcoin increased by 30%, but the Global Bitcoin Futures market open interest has noted a massive 60% growth as well.In the meantime, BitMEX and OKEx are still the most widely-used Bitcoin margin trading exchanges, with over 50% of the market share.Bitcoin Futures Market 2020 SurgeAccording to the monitoring resource Skew, the global Bitcoin Futures open interest is continuously increasing. In fact, solely...

Following this week’s triumphant Bitcoin rally, it seems that dozens of altcoins have been seeing significant price jumps. And today, it would seem that Ethereum Classic has jumped on the bandwagon too.In fact, ETC has seen a huge surge of about 40% over the course of the last 24 hours and as of today, Friday, January 17th, 2020, is sitting in around $11.6. ETC/USD. Source: TradingViewThat’s a 280% increase after ETC hit its lowest price of $3.50 at the end of last year.The popular opinion is...