A majority of “traders” end up being losers with empty portfolios. Here is exactly why. A quick flick through Twitter, any social media investing club, or investing-themed Reddit will quickly allow one to find handfuls of traders who have vastly excelled throughout a month, semester, or even a year. Believe it or not, most successful…
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The new offering fits in with the variety of crypto-based products the major derivatives marketplace has developed since launching its pioneering BTC futures contracts in 2017. Derivatives marketplace Chicago Mercantile Exchange Group (CME Group) announced the launch of options trading for its Ether (ETH) futures products Monday — the same week as the expected Ethereum…
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Crypto traders love to “ape” and make “degen” investments using high leverage in futures markets, but most traders fall victim to these three key mistakes. 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…
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Is the BTC bottom finally in? Data suggests that bears might be losing their tight grip on the market. The correlation between Bitcoin (BTC) and stock markets has been unusually high since mid-March, meaning the two asset classes have presented near-identical directional movement. This data might explain why the 10% rally above $21,000 is being…
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BTC bulls have a chance to profit from this week’s $410 million options expiry, but the factors pulling down equities markets reduce the chance of Bitcoin changing its trend. Bitcoin (BTC) crashed below $19,000 on Sept. 6, driving the price to its lowest level in 80 days. The movement not only completely erased the entirety…
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BTC nose-dived to its lowest level since July 13, but data shows pro traders remain skeptical of a quick recovery. An $860 surprise price correction on Sept. 6 took Bitcoin (BTC) from $19,820 to $18,960 in less than two hours. The movement caused $74 million in Bitcoin futures liquidations at derivatives exchanges, the largest in…
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Open interest (OI) in ethereum (ETH) futures has retraced from the all-time highs in ETH terms reached in late August, despite Ethereum’s highly anticipated transition to proof-of-stake moving closer by the day…. Read More: ETH Open Interest Retraces from All-Time High – Where Next? Read more »Sign up for e-EUR – the progressive stablecoin
The addition of Jill Sommers followed former CFTC commissioner Mark Wetjen becoming FTX US’ head of policy and regulatory strategy in November 2021. Jill Sommers, who served as a commissioner at the United States Commodity Futures Trading Commission, has joined the board of directors for FTX US Derivatives. In a Thursday announcement, crypto exchange FTX…
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After a large increase in the open interest (OI) in ethereum (ETH) options contracts over the course of July and the first half of August, warnings have emerged that traders should brace for increased volatility in the nearest term. Increased volatility will be on the horizon as options traders exit their positions around the time…
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BTC and stocks sold-off after comments from the Federal Reserve re-emphasized the Fed’s commitment to lowering high inflation in the United States. A $750 pump on Aug. 26 took Bitcoin (BTC) from $21,120 to $21,870 in less than two hours. However, the movement was completely erased after comments from U.S. Federal Reserve Chair Jerome Powell…
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