The surge in CME Bitcoin futures open interest has helped the regulated derivatives platform attain a 25% market share in Bitcoin futures. The Chicago Mercantile Exchange (CME), a regulated derivatives exchange that lists Bitcoin (BTC) futures, now stands just behind Binance in terms of notional open interest to rank second in the list of BTC…
Read more
Source: Adobe/fotofabrika The regulated Chicago Mercantile Exchange (CME) is steadily climbing the ranks as one of the largest Bitcoin futures and perpetual futures exchanges in a development reminiscent of the early stages of the 2020-2021 bull run. With a notional open interest (OI) of $3.54 billion, CME has surged from the fourth position to become…
Read more
A surge in CME BTC volumes and open interest highlight institutional investors’ growing interest in Bitcoin. Will it be enough to keep the price in the current range? Bitcoin (BTC) price currently battles to hold the $34,000 level after a stellar rally and short squeeze saw its price push above $35,000 on Oct. 23. In…
Read more
Bitcoin price gave up its recent gains as concerning signals from the US economy continue to weigh on investor sentiment. Bitcoin (BTC) price gained 6% from Oct. 1 to Oct. 2 but after failing to break the $28,500 resistance, the price dropped by 4.5% on the same day. This decline happened because of the disappointing…
Read more
On Tuesday, August 29, 2023, The U.S. Court of Appeals, District of Columbia Circuit (Court) unanimously granted Grayscale’s petition for review of the Securities Exchange Commission’s (SEC) denial of Grayscale’s Bitcoin Exchange Traded Product (Grayscale ETP) and vacated the SEC denial order. The Court chastised the SEC for its “arbitrary and capricious” treatment of Grayscale’s…
Read more
In the world of Bitcoin, silence is not always golden. The recent weeks have seen Bitcoin’s price volatility drop to historical lows, with the BTC price trading mostly between $29,000 and $30,000. However, beneath this placid surface, a number of intriguing market dynamics are at play. “Realized volatility for Bitcoin has collapsed to historical lows.…
Read more
The scheduled launch date for these futures contracts is set for July 31, pending regulatory review. On June 29, the Chicago Mercantile Exchange (CME) Group announced its plans to introduce Ether/Bitcoin Ratio futures. The launch of these futures contracts is slated for July 31, subject to regulatory review. Efficiently capture the relative value of ether and bitcoin…
Read more
Bitcoin futures open interest at the Chicago Mercantile Exchange (CME) has surged to near all-time highs at 21%, which indicates growing institutional participation in BTC futures…. Read More: CME Bitcoin Futures Open Interest Surges to Near-Record 21% as Institutional Participation Increases Read more »Sign up for e-EUR – the progressive stablecoin
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Nexo’s Bulgarian Offices Raided, Samsung to List Bitcoin Futures Active ETF in Hong Kong, Trezor Saw a 300% Spike in Sales Read more »Sign up for e-EUR –…
Read more
Axie Infinity, Chiliz and Decentraland will be represented in CME’s new reference rates and real-time indexes. Derivatives marketplace CME Group is planning to launch reference rates and real-time indexes for three metaverse crypto assets, allowing investors to track pricing data more reliably using a methodology commonly used in traditional finance. Beginning Jan. 30, CME Group…
Read more
