Tag Archives: bitcoin futures

US multinational investment banking giant Citigroup is reportedly considering trading bitcoin futures, stating that it has witnessed an increased interest in BTC from its institutional clients. CME Looking to Trade CME Bitcoin Futures According to a report by CoinDesk on Tuesday (August 24th, 2021), an anonymous source within the bank revealed that Citi is working on receiving the regulatory green light to begin trading bitcoin futures on the Chicago Mercantile Exchange...

On-chain data suggests that the bullish enthusiasm among bitcoin investors has been slashed, alongside its price. Even while the price has stabilized itself within the $30-35k range for weeks now, funding rates have been consistently negative for that entire time, indicating that investors don’t expect the price to return to its former highs anytime in the next short-term, at least judging by this metric. What are Funding Rates in the Bitcoin and Crypto Perpetuals? Due to the...

Bitcoin – the world’s biggest and most popular cryptocurrency by market cap – is shooting back up. At the time of writing, the asset is trading for just over $57,000. This is a huge improvement over the $54,000 it was at a few days ago and the $49,000 per unit it was stuck at early last week. Bitcoin May Grow Again Soon For the most part, it was believed that bitcoin would likely continue its bullish patterns into the month of May, though thus far, this period is proving...

Asset manager BlackRock says it has made more than $350,000 in bitcoin futures over the past three months. The company has been dabbling in such futures since January and has garnered a pretty profit in return. BlackRock Is Beginning to Make Money On BTC Futures As it stands, two funds associated with BlackRock have permission to invest in crypto futures according to documentation brought forth by the Securities and Exchange Commission (SEC). At the time of writing,...

Smaller investors would be able to take advantage of CME’s regulated Bitcoin futures contracts as of May 3rd, the organization announced earlier today. This would be possible in the form of so-called Micro BTC futures contracts, which will be one-tenth the size of one bitcoin. Micro Bitcoin Futures Contracts on CME Founded over a century ago, the Chicago Mercantile Exchange is among the largest global derivatives marketplaces and one of the first-ever regulated establishments...

It’s certainly been a crazy week for bitcoin. The currency – which was trading for about $56,000 per unit during the early portion of the week – later fell to about $47,000, thereby losing roughly $9,000 from its price. Since then, it has spiked back to $49,000 at the time of writing, gaining $2,000. However, it still isn’t anywhere near where it was previously, and data suggests that many investors and traders as of late have been selling their coins for a profit and...

Although Bitcoin is still officially banned in China, the country portrays the most significant chunk of BTC trading volume, new research says. Additionally, the world’s most populated continent, Asia, occupies the largest market share, whale activity, and larger trades.China Dominates The Crypto FieldChina’s government has repeatedly outlined that BTC is officially banned within the nation’s borders. Nevertheless, the country has remained one of the largest and most crucial players in the...

Yesterday’s highly volatile BTC performance has led to increased trading volumes on numerous platforms, including CME Bitcoin futures registering a new all-time high of $2.7 billion.BTC Futures Record Trading Volume On CMELaunched in late 2017, the Chicago Mercantile Exchange allows institutional investors to trade with the primary cryptocurrency on a regulated platform. Apart from short-lived low levels of trading volume, the exchange has enjoyed increased adoption from such customers.Data...

Bitcoin futures on the Chicago Mercantile Exchange (CME) have recorded the largest price gap to date of about $3,000. This came after a three-day Christmas break for BTC trading on the regulated exchange and a massive price jump for the asset resulting in consecutive all-time highs.Biggest BTC Gap On CMELaunched in late 2017, CME’s BTC futures product enables institutional investors to trade the primary cryptocurrency on a regulated platform. However, being a regulated establishment also...

Bitcoin price just surged past the $19,000 mark and is looking to retake the previous all-time high of $20,000. This spike in volatility has caused all BTC markets to experience some serious trading traffic – especially the bitcoin futures market. And how? Well, open interest in the Binance futures market just topped $1.2 billion.Binance Bitcoin Futures Market Register Record Open Interest And Daily VolumesAccording to the crypto market and on-chain analysis firm Glassnode, the bitcoin...