Cryptocurrency Analysis and News Portal
Many traders frequently express some relatively large misconceptions about trading cryptocurrency futures, especially on derivatives exchanges outside the realm of traditional finance. The most common mistakes involve futures markets’ price decoupling, fees and the impact of liquidations on the derivatives instrument.Let’s explore three simple mistakes and misconceptions that traders should
Read More
Bitcoin (BTC) whales are betting on a rebound as fresh data shows “classic” bottom behavior.According to on-chain analytics platform CryptoQuant, large-volume investors are moving coins to derivatives exchanges en masse this month.Analyst: Whales protectin positions “forming a local bottom”As BTC/USD hit its lowest levels since the end of June, whales
Read More
The bitcoin-denominated open interest (OI) in futures and perpetuals (futures with no expiry) tied to the largest cryptocurrency has risen to a new record high of 565,579 BTC ($10.6 billion), surpassing the previous peak of 548,096 BTC reached in February 2020, according to Arcane Research. The data covers positions on
Read More
The value for ETHPOW tokens suggested by futures basis is significantly lower than the price at which IOUs representing the token are currently trading on exchanges MEXC, CoinW, Phemex, Bitrue, and Gate.io. At press time, the ETHPOW IOUs traded at $50, according to CoinMarketCap data. Prices reached as high as
Read More
According to Coinglass data, liquidations on bitcoin futures hovered at $54 million over the same period, with other major cryptocurrencies, such as solana (SOL) and avalanche (AVAX), seeing just over $3 million. Bitcoin (BTC) futures usually have the highest liquidations in the futures markets owing to their popularity and liquidity. Original
Read More
Derivatives marketplace Chicago Mercantile Exchange Group has launched trading for Bitcoin euro and Ether euro futures contracts.In a Monday announcement, CME Group said that it launched contracts for euro-denominated Bitcoin (BTC) and Ether (ETH) futures sized at 5 BTC and 50 ETH per contract. Both contracts will be listed on
Read More
The latest price moves in bitcoin (BTC) and crypto markets in context for August 29, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Original Source
Read More
Bitcoin (BTC) futures are starting to see record discounts as sentiment among derivatives traders worsens. In its latest dedicated report issued Aug. 23, analysis firm Arcane Research painted a worrying picture of morale among BTC futures participants.Futures basis revisits June lowsAfter an initial shock during June’s BTC price drop, which has
Read More
"While still in its early stages, we believe that product innovation and an accessible entry point for the retail market have contributed to its success," Boris Ilyevsky, head of Coinbase’s derivatives exchange, said in a blog post Thursday. “At 1/100th of Bitcoin, our Nano Bitcoin futures contract requires less upfront
Read More
According to Cumberland, staked ether will remain locked until Ethereum Improvement Proposal (EIP)-4788 releases them. That date is not yet known. So, ether stakers, who are exposed to price declines, are likely to sell futures, keeping premiums under check. The popularity of staking depends on yields, and the greater the
Read More