Tuesday , November 29 2022
Home / Tag Archives: bitcoin futures (page 6)

Tag Archives: bitcoin futures

OKEx Introduces Bitcoin Options Trades for a Few Clients Before January Launch

OKEx crypto exchange officially announced the launch of Bitcoin options trading for a chosen few clients. This has happened ahead of a public launch on January 9, 2020. In a December 26 press release, the third-largest crypto exchange by daily trading volume worldwide has confirmed that the new contract will be settled daily in Bitcoin.Increasing Hedging Strategies Options for OKEx TradersAn options contract is a popular derivative that lets traders hedge against asset price swings in all...

Read More »

Relying on Bitcoin’s Halving Price Pump Could Be a Huge Mistake, Warns Asset Manager

Bitcoin Asset manager claims most firms looking to speculate on bitcoin will use derivatives market instead of the underlying asset. The market share of physical oil compared to oil derivatives plummeted when futures trading was introduced. ‘Financialization’ of bitcoin will distort its innate pricing mechanism. Don’t count on a halving pump in 2020. The tendency for bitcoin to multiply in value following regularly scheduled halving events should not be relied on in 2020.That’s according to...

Read More »

Kelly Loeffler Steps Down As Former PayPal Exec Becomes Bakkt’s New CEO

Bakkt, the Bitcoin Futures trading platform of the Intercontinental Exchange (ICE), has recently appointed a new CEO as Kelly Loeffler stepped down. The former CPO of the company, Mike Blandina, will take her role, and, at the same time, the former COO, Adam White, will serve as President.New CEO and President of BakktBakkt has recently announced a change of leadership within the company, starting from December 20th. The Bitcoin Futures trading platform of the Intercontinental Exchange (ICE)...

Read More »

Binance Sinks Funds in FTX Platform and Invades Australia with Online Bitcoin Trading

Binance has made a minority investment in the derivatives exchange FTX becoming the first outsider investor in the firm. As part of the deal announced on December 19, the crypto trading platform company acquired equity in the FTX derivatives firm. Additionally, it bought long positions in the FTX native Token, FTT. In that context, Sam Bankman-Fried, FTX founder and CEO said:“The investment will help accelerate the growth of FTX with support and strategic advisory from Binance while FTX...

Read More »

Bakkt Bitcoin Futures Breaks All Time High at $45.56 Million

Bitcoin price has jumped back above $7000 gaining over 7% in the last 24 hours. This price jump in Bitcoin is reportedly due to a massive spike in the Bakkt Bitcoin Futures volume. Thus, despite the Bitcoin price volatility, institutional trading for Bitcoin seems on the rise.A Twitter handle dubbed Bakkt Volume Bot has highlighted this rise.∙ Today's volume so far: 6312 BTC ($45.56 million)∙ Last traded price: $7,218∙ Trading day progress: 83%∙ Current daily Bakktarget™: 6994 BTC ($50.48...

Read More »

ErisX Launches Its Physically-Settled Bitcoin Futures to Compete Bakkt

In direct competition to ICE‘s Bakkt platform, cryptocurrency exchange ErisX has launched its physically-settled Bitcoin futures contracts. In an official announcement on Monday, December 17, ErisX said that it will make its futures contracts available in the U.S. as of now.The product dubbed “Futures Digital Currency Products” will start trading today onwards from 8:00 a.m. Central Time (14:00 UTC). As per CoinDesk, ErisX’s Bitcoin futures will trade alongside its existing cryptocurrency...

Read More »

Open Interest in Bakkt’s Bitcoin Futures Hits Record Highs of $7.02 Million

In what has been seen by many in the crypto space as a win, the open interest of the Bitcoin futures platform Bakkt has reached new all-time highs. Sources indicate that this occurred yesterday and that this shows fresh inflows from new entrants into the Bitcoin marketplace. Twitter’s BakktBot has further put the open interest at $7.02 million which shows strong trading activity on the Intercontinental Exchange-managed platform and also greater liquidity within the Bitcoin futures market in...

Read More »

France’s Asset Management Company Napoleon Ties Bitcoin Fund to CME’s Cash-Settled Futures

Napoleon AM, a France-based asset management company, has launched a new cryptocurrency fund dubbed the “Napoleon Bitcoin Fund” tied to the cash-settled Bitcoin futures offered by the Chicago Mercantile Group (CME).As per the report by French publication Les Echos, this is the country’s first fully-regulated cryptocurrency fund. Last week since December 6, the crypto fund is available for trading for France-based professional investors. Note that the fund is local to France only and cannot be...

Read More »

Bakkt: Die Bitcoin-Futures-Plattform Bakkt bringt zwei neue Produkte auf den Markt

Bakkt: Diese Handelsplattform wird Bitcoin grossen Investoren zugänglich machen. Gestartet wurde am 23. September 2019. Diesem Montag hat die Bitcoin-Futures-Plattform Bakkt zwei neue Produkte für den Handel mit Bitcoin auf den Markt gebracht. Das erste Produkt sind Bitcoin-Futures, die mit Bargeld beglichen werden. Diese Art von Futures wirkt sich nicht direkt auf den...

Read More »

Binance iOS App Now Allows Enormous Bitcoin and Ethereum Margin Trading

The iPhone users now able to trade Bitcoin and Ethereum futures contracts thanks to Binance‘s robust engine tested on Android.Exchanges Allow Dumping Savings at the Speed of LightningYou don’t even have to use a PC to dump money anymore: convenient Binance iOS app allows you to do it from anywhere. So, mom won’t guess where all the money goes even if she really wants to.Using your precious iPhone, as a Binance customer you are now able to trade BTC/USDT contracts with up to 125x leverage. The...

Read More »