Bitcoin’s $10k Value Pushed Down by CME Futures Price Gap
Just recently BTC prices surpassed the $10,000 zone and held above that region for around 24 hours. Some speculators believe the price
Read MoreJust recently BTC prices surpassed the $10,000 zone and held above that region for around 24 hours. Some speculators believe the price
Read MoreBitcoin (BTC) fell below $10,000 on Feb. 10 as sudden volatility saw markets abandon five figures just a day after reaching them.Data from Coin360 and CryptoX Markets showed BTC/USD dipping to lows of $9,850 at press time, followed by a bounce-back up to $10,000 and subsequent fluctuation in the
Read MoreBitcoin futures listed on the Chicago Mercantile Exchange rose to multi-month highs, breaking above $10,000 early Friday.The February contract crossed above the psychological hurdle and printed a high of $10,030 at 11:40 UTC, a level last seen on Oct. 26. The breakout into five figures, however, was short-lived as prices
Read MoreBitcoin (BTC) crossed the $10,000 mark for swathes of institutional investors this week as markets looked increasingly likely to surge higher still.Bitcoin 7-day price chart. Source: Coin360CME reaches $10K per BitcoinData from CME Group’s Bitcoin futures shows the implied price of Bitcoin reaching the symbolic five figures on Feb.
Read MoreOne of the products that have become particularly important to the continued growth of the crypto industry is Bitcoin futures. The derivative product has become one of the most heavily traded crypto-based securities. Key Drivers The Chicago Mercantile Exchange (CME) revealed its actual figures with regard to this particular product yesterday. The
Read MoreThe Chicago Mercantile Exchange, or CME, has hosted over $100 billion in volume for its Bitcoin futures trading product. “CME Bitcoin futures have surpassed $100 billion in total notional value traded since their launch in December 2017,” CME Group Managing Director and Global Head of Equity Index Alternative Investment Products,
Read MoreTrading volumes in bitcoin options listed on the Intercontinental Exchange's Bakkt platform have completely dried up, even while CME’s options product is seeing strong interest. As per Bakkt’s data, not a single bitcoin options contract was traded last week on Bakkt, withactivity last registered on Jan. 17, when 20 lots had
Read MoreBitcoin (BTC) futures options trading is now live on the Chicago Mercantile Exchange – CME. The offering went live yesterday Jan. 13 and began trading after it successfully got approval from regulatory authorities. The CME Group announced this on its website as trading went live. According to the page, Bitcoin futures options were
Read MoreChicago exchange CME Group has announced its highly-anticipated bitcoin options are now open for trading.Options on CME's bitcoin futures contracts launched on the CME Globex around 15:00 UTC Monday. Each contract, quoted in U.S. dollars, represents five bitcoin and is cleared centrally to avoid counterparty risk. CME relies on trade
Read MoreBitcoin (BTC) futures traders generated at least $20 billion in daily volume last week as two new options products prepared to hit the market. According to data released by futures provider CME Group on Jan. 9, its futures contracts alone saw open interest almost 70% higher than at the end
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