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Dow Jones Industrial Average (DJIA) futures rocket 550 points higher on Tuesday. The S&P 500 looks set to open above the huge psychological level of 3,000. Breaking and holding this level could act as a launchpad for a return to previous highs. After the long Memorial Day weekend, traders
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Bitcoin moved back over $9,000 earlier on Tuesday alongside signs of an improved risk appetite in the traditional markets. Prices rose to a high of $9,010 at 08:05 UTC, but quickly fell back below $8,900, pouring cold water over excitement generated by Monday’s 2.3% bounce from the two-week low of $8,630. At
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The Dow Jones Industrial Average rallied nearly 300 points in futures trading Monday night. Although the economy has likely plunged into recession, key indicators such as mortgage applications and travel bookings are up slightly. The Atlanta Fed’s GDP tracker estimates a second-quarter contraction of 41.9%. U.S. stock futures rose
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Digitex Futures, the DGTX token powered, zero-fee cryptocurrency futures trading platform has announced a partnership with Chainlink to integrate the latter’s decentralized Price Reference Contracts on its exchange. Chainlink is known for offering reliable real-world input data for various smart contract solutions, and in this case, the company’s decentralized oracle
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Dow Jones Industrial Average (DJIA) futures push higher while stock markets are shuttered for Memorial Day. The stock market appears to rise in perfect harmony with global money supply, suggesting that central bank stimulus is the single biggest driver right now. Trump begins re-election fight with a promise of
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The Dow futures contract rose nearly 100 points Thursday evening and was on track to partially offset prior declines. Markets are trading cautiously in anticipation of worsening U.S.-China trade relations. U.S. lawmakers are pushing for a bill that could potentially delist Chinese stocks from domestic exchanges. Futures on the
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Since the market rout on March 12, otherwise known as ‘Black Thursday,’ bitcoin futures and options contracts have seen significant demand. On May 14, CME Group saw the total number of outstanding derivatives contracts (open interest) touch a high of $142 million. Four days later, CME broke records again.
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Huobi Group has rebranded its cryptocurrency derivatives exchange platform Huobi DM to Huobi Futures.According to the announcement from spokesperson and head of Huobi global business Ciara Sun the new name of the exchange is to signify the growth of the nascent industry into one that is now garnering the interests
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On Friday, Cryptocurrency derivatives exchange FTX launched a hashrate futures tool that allows Bitcoin (BTC) miners to hedge against mining difficulty risk.Hashrate, the amount of processing power dedicated to a Bitcoin network at a given time, determines the strength and security of the network.FTX leverages mining difficulty, that is,
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Bitcoin futures contracts allow traders to take advantage of the price movement of Bitcoin without necessarily having to own and hold the exact amount of it. They are a derivative product that gained serious popularity in the past years. Traders often use Bitcoin futures open interest as an indicator to confirm trends and
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