Tag Archives: cme group

Interest in bitcoin options appears to be skyrocketing, and why shouldn’t it be? After all, everyone – including both retail and institutional investors – are looking to bitcoin and crypto as a means of hedging their wealth as coronavirus cases spike and the Fed continues to print additional money.Bitcoin Options Are Expanding Like Never BeforeOver the past three months alone, CME Group in Chicago is a standout as far as growth goes, shooting up from $4 million to about $373 million in...

Today marks a solid change for the bitcoin price. At the time of writing, the world’s number one cryptocurrency by market cap has jumped into the $7,200 range – a solid $200 boost from where the currency last stood.Bitcoin Options Trading Is GrowingA lot of analysts are attributing this little surge to the fact that bitcoin options trading appears to have spiked in the last 48 hours. Over the past couple of days, many major exchanges – including Bakkt, OXEx and CME Group in Chicago – have...

The CME Group in Chicago, Illinois, is proving to be one of the biggest and most influential establishments in the entire crypto community.The CME Group Is Heading for the TopThe company has gone on to break all kinds of records with its latest bitcoin futures options, which became available in late January of this year. The firm has already managed to outdo the likes of Bakkt, which arguably had greater publicity going into the bitcoin futures market and had more of a leadup before its doors...

It looks like the popularity of bitcoin futures has taken a turn for the worse.Bitcoin Futures Trading Reaches New LowsCME Group in Chicago, Illinois reports that only three bitcoin futures were traded last Tuesday. Approximately 80 bitcoin units were involved in the contracts, totaling approximately $80,000 at the time of the trades. This, according to CME Group, establishes a new low for the company, beating the previous record of $125,000 BTC posted in late January.While CME still boasts...

The NYSE is closing its physical trading floor for the first time in its history independently from the electronic trading which is going on. This closure is intended to remain temporary until things change.The NYSE trading floor is set to close on Monday, the 23rd of March. This is due to the emergence of positive COVID-19 cases. Sources say that the closure is only temporary. Two people reportedly tested positive for coronavirus. The American options floor, the equities trading floor and...

The Chicago trading floor is set to close on Friday, the 13th of March 2020, due to COVID-19 risks. The decision has been revealed by the CME Group.The Chicago trading floor is set close. Sources say that the operator of the floor CME Group indicated that it will close on Friday the 13th of March.The floor is reportedly being closed to reduce the risk of spreading the virus. Gatherings in large places pose a higher risk of spreading it. This is of course based on the advice of medical...

Bitcoin options market is rising, per the crypto analytics firm Skew, with a massive money inflow from institutional investors. Yesterday, the volume of crypto derivatives trading was only increasing, reaching the level of almost $200 million.Bitcoin options are receiving a major call from the investors. They started selling and buying derivatives as the market went down. Let’s see what has happened here in detail.The CME Group, Deribit, Bakkt, LedgerX, and OKEx are experiencing the money...

The market bounce at the beginning of the week was partly driven by expectations that the Federal Reserve would step in to mitigate the coronavirus impact by cutting the key interest rates.Stocks made quite of a ricochet yesterday after their worst week since the financial crisis back in 2008. The Dow Jones Industrial Average posted its best gain in more than 10 years mostly boosted by the expectation that the Fed will lower interest rates.Dow Jones Industrial Average jumped over 1,290 points...

According to the statistical data from the CME Bitcoin futures market, BTC may continue rising despite the current pullback.The CME Bitcoin futures market opened with the latest refresh data showing the best for BTC since the company introduced it in 2017. The data from CME Group provides investors and traders with transparency, price discovery and also risk management capabilities in order to make informed decisions in their trading. Therefore, it is worth noting that the latest update...

Bitcoin options are the institutional game with big people making big bets. At least this is how they present the product, but in reality, the options trading may be a risky venture with no predictable outcomes with very few users trying it out.Do you remember all those ‘Bakkt Rekkt’ memes wandering around smart Telegram channels? When Bakkt started its first product, nobody believed that it will succeed. However, the volume soared in the next couple of months, leading to the predictions that...