Cryptocurrency Analysis and News Portal
Chicago-based crypto exchange ErisX has notified its members and participants that it will start offering trading on Ether futures in the United States.According to a company blog post on May 11, ErisX said individual and institutional investors will be able to access futures contracts based on Ethereum (ETH)-USD with monthly
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Ever since the CME launched futures for Bitcoin, investors have been asking for Wall Street-centric Ethereum futures. The reason: cryptocurrency investors believe these derivatives will catalyze ETH buying by an institutional audience.Analyst Expects Ethereum Futures to Send Price FlyingAccording to a prominent crypto trader, “it won’t be long before we
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A long-held theory in the Bitcoin market is, the launch of CME futures popped the cryptocurrency bubble.When the established derivatives exchange launched the product, BTC surged dozens of percent higher in the days that followed, only to crash from $20,000 to around $6,000 within two months. The timelines suggested that
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Open interest for CME bitcoin futures made a new all-time high of just under $500 million on Friday, the third consecutive day of open interest records this week. Significant growth in CME futures demonstrates the intensifying contest between the stalwart institutional trading platform and crypto-native derivatives exchanges like BitMEX. Over the
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Bitcoin is quickly gathering upward momentum alongside a surge in open positions on futures listed on the Chicago Mercantile Exchange (CME). The top cryptocurrency by market value jumped to a high of $9,220 at 10:20 UTC on Wednesday, having settled (UTC) above $9,000 on Tuesday to register its first above-$9,000 daily
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Bitcoin is up again Friday as losses are seen in U.S. stocks futures.Following a rise of 23% over the last two days, though, the rally looks overstretched and the gains may be short-lived.At press time, the biggest cryptocurrency by market value is trading near $8,860, representing a 2.8 percent gain
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Bitcoin bulls have not let up the pressure since breaking $7,800 just 12 hours ago. As of the time of this article’s writing, the cryptocurrency just broke past $9,000 for the first time in seven weeks. With this, BTC is up 15% in the past day.The $9,000 price point has
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Digitex Futures, the zero-fee trading platform that runs on its own DGTX token, has today opened the doors of its mainnet platform. The launch comes as the first step of a phased onboarding approach, with an initial group of 20 traders being granted access. The company plans to onboard more
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The Binance-owned crypto derivatives exchange, FTX, has introduced oil futures following the recent record crash in U.S. oil prices — which fell as low as minus-$40 on April 20.FTX’s contracts will expire at the spot price of West Texas Intermediate, or WTI, plus $100 to protect against negative settlement prices.The
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BitMEX, one of the world’s biggest crypto derivatives exchanges, is still struggling to recover from a major market sell-off that followed the Black Thursday crash in March.According to an April 21 report by crypto analytics firm Coin Metrics, BitMEX has continued losing in both open interest and volume for Bitcoin
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