Cryptocurrency Analysis and News Portal
Bitcoin’s option market continues to grow, signaling an increased influx of sophisticated traders and institutions into the crypto space.Open interest (or open positions) in options listed on the Panama-based Deribit exchange jumped to a record high of $1 billion Tuesday, according to the data provided by the crypto derivatives research firm
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Harmony announced Tuesday that its mainnet has now incorporated staking, allowing users to earn ONE tokens for locking in their current holdings. Harmony is built to be a very fast base layer blockchain for transactions and smart contracts. "Staking is the mechanism that will allow us to trust participants in our
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Institutional-grade Bitcoin (BTC) trading platform Bakkt could soon see its app hitting the market. Bakkt President, Adam White, on May 18, 2020, stated that highly-anticipated app is open for sign-ups for exclusive updates and early access. Bakkt Bitcoin App Coming Soon Bakkt, the high-profile Bitcoin trading platform geared toward institutional investors
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Bitcoin’s (BTC) options markets are finally taking off at CME. This week Cryptox reported that the combined volume traded over the last ten days surpassed $140 million, as institutional investors delved in call options.The buyer of a call option can acquire Bitcoin for a fixed price on a predetermined date.
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Open interest on Chicago Mercantile Exchange Bitcoin options has skyrocketed over the past few days, to hit $142 million as of May 15.According to data from market analytics company, Skew, this represents a gain of over 1000% from just $12 million of open interest at the end of April.Bitcoin halving
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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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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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Bixin is launching a $66M fund, Massive Adoption's Jacob Kostecki is getting sued and Filecoin is delivering physical hard drives. Source
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Bitcoin (BTC) is just days from sealing the longest weekly bull run in its history, as markets continue to push for $10,000 support.Data from Cryptox Markets, CoinMarketCap and TradingView confirmed that as of May 8, BTC/USD was on course for its eighth consecutive green candle on weekly timeframes.Bitcoin 10-month weekly
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Open contracts on bitcoin options rose to record highs on Thursday as the cryptocurrency’s price rose into five figures.Data from major exchanges – Deribit, LedgerX, Bakkt, OKEx, and CME – shows that open interest on options rose above $1 billion, surpassing the previous all-time high of $70 million registered on
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