ErisX rolls out CFTC-regulated, physically-settled ETH futures contracts to U.S. traders, but positive spot price action is not a certainty. Crypto exchange platform ErisX is bringing Ether (ETH) futures trading to the United States, becoming the second cryptocurrency derivatives product on offer in the country. The announcement came only a few days after the Chicago-based, […]
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Upticks in Bitcoin ATMs, transaction volume, and women in crypto all point positive for Bitcoin. Data published today from Cointelegraph Markets and Arcane Research found that despite investor concerns over the block reward halving disincentivizing miners and possibly compromising the security of the network, demand for Bitcoin continues to rise globally. Proof of increasing adoption […]
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Bitcoin price is encouragingly posting higher lows while being rejected by the $10,000 level suggests that more downside could be expected. The price of Bitcoin (BTC), the top cryptocurrency by market capitalization, is trading down 2.59% for today’s session at $9,540, erasing the push towards $10,000 late on Thursday. Ether (ETH), the second biggest crypto […]
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CME Bitcoin options open interest has soared to $142 million in the first half of May, marking an increase of over 10 times the value at the end of last month. Open interest on Chicago Mercantile Exchange Bitcoin options has skyrocketed over the past few days, to hit $142 million as of May 15. According […]
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The price of Bitcoin risks a continued downtrend as five metrics indicate higher chances of a short-term long squeeze. Bitcoin (BTC) sellers are pinning their hopes on continuing to see sub-$10,000 prices in the aftermath of the halving based on five key futures market metrics. The five measures are open interest, funding, long and shorts […]
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Institutions continue to show interest in Bitcoin and digital assets amid the third Bitcoin halving, data shows. Having recently gone through the third halving, one of the most important events in the ecosystem, Bitcoin (BTC) continues to establish itself as a new asset class and a worthy contender to gold as a new store of […]
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A return to five figures was fleeting as Bitcoin filled the largest CME futures gap ever, erasing last weekend’s 15% crash. Bitcoin (BTC) price briefly returned to $10,000 on May 14 as a fresh spectacular bullish surge entirely canceled out its weekend crash. Cryptocurrency market daily overview. Source: Coin360 Another BTC price crash disappears Data […]
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What’s in a $1,200 drop? Bitcoin is serving up considerable volatility, but all factors point to business as usual as the third halving hits. Bitcoin (BTC) has delivered awe-inspiring volatility in the days before its third block reward halving — but what should traders look out for as the event hits? Cointelegraph takes a look […]
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Traders claim that their Bitcoin shorts were unfairly cut on Binance Futures, but the process is called auto-deleveraging, and here is why it happens. As the Bitcoin (BTC) price abruptly dropped from $9,500 to $8,100, some traders on Binance claimed that their winning short trades were unfairly cut short. A trader named AthenaBank wrote on […]
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The Bitcoin price dropped from $10,000 to $8,100, liquidating $200 million worth of shorts. Here are three factors that triggered the fall. Bitcoin (BTC) price dropped from $10,000 to $8,100 within just over a day, as it plunged by 9% in a single hour. It liquidated $200 million worth of shorts, obliterating the futures market. […]
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