Tag: bitcoin futures

Apr 06 2021

Top Bitcoin Influencer Closes Bullish Position on Price Dump Fears

Bitcoin risks falling below $50,000, according to a trade setup shared by Jonny Moe, an independent market analyst. The social media influencer, widely tracked by investors and traders in the cryptocurrency space, unveiled the bearish setup in a tweet published early Tuesday. He closed what he called "leverage...

Mar 30 2021

Derivatives Exchange CME to Launch ‘Micro Bitcoin’ Futures on May 3, 2021

Leading derivatives platform, CME Group launches ‘micro-Bitcoin’ futures. Each micro derivative is a tenth of a whole Bitcoin (BTC). In a...

Mar 27 2021

Bitcoin’s 30-Day Correlation with the S&P500 Reaches March 2020 Levels

In brief: Bitcoin's 30-day rolling correlation with the S&P 500 has increased to levels last seen in March and October of 2020 Bitcoin's correlations with gold, bonds and the dollar index (DXY) have decreased Bitcoin price is currently more influenced by the global macro events BTC is currently challenging gold as an ideal hedge against inflation Bitcoin's correlation with the S&P 500 has...

Mar 20 2021

Bitcoin is Now More Valuable Than a Kilogram of Gold

In brief: Bitcoin at a value above $58,400 is worth more than a kilogram of gold Bitcoin's market cap at over $1 Trillion has made it hard to ignore and could usher in a new phase of growth $55k is the level to watch during the weekly close News of Coinbase being fined by the CFTC might have a negative effect on Bitcoin...

Mar 15 2021

Bitcoin Positions Worth $1 Billion Liquidated in 30 Minutes Post BTC’s $5k Correction

Bitcoin price recorded its new all-time-high above $62K only a couple of days back, having spent a majority of February and the first week of March in a consolidation phase. However, the price recorded a sharp correction of $5K this morning resulting in the liquidation of more than a billion-dollar worth of BTC derivative contracts within 30...

Mar 12 2021

Binance and Huobi Leads the Bitcoin Futures Market Despite US Restrictions

Binance and Huobi crypto exchanges contribute 2/3 of the Bitcoin futures market volume despite US authorities restricting their services in the country. Although these exchanges do not offer their Futures market...

Mar 10 2021

Digital Currency Group Set to Purchase $250M Grayscale Bitcoin Trust (GBTC) Shares

Digital Currency Group (DCG), a venture capital firm focused on the digital asset market and also the parent company behind Grayscale Investments has...

Mar 01 2021

Goldman Sachs Set to Restart Dealing in Bitcoin Futures; Also Exploring Bitcoin ETF Potential

Goldman Sachs, the global investment banking giant has reopened its crypto trading desk, first started in 2018, and is all set to cater to its clients starting next week, as per a report by Reuters. The crypto trading desk is a part of companies' digital asset and blockchain plans. Goldman Sachs has restarted its cryptocurrency The post Goldman Sachs Set to Restart Dealing...

Feb 23 2021

Bitcoin Battles for $50k after $10k Dip and $4.4B in Liquidations

In brief: Bitcoin fell from $58,369 to a local low of $47,619 Bitcoin then rebounded to $55k before once again dipping to the $47,600 level The volatility caused $4.4 Billion in liquidations The crucial $50k support hangs in the balance as February comes to a close There could be additional selling pressure with Bitcoin futures and options contracts expiring on Friday as well...

Feb 18 2021

Bitcoin (BTC) at $250k by End of 2022 is Likely – Tim Draper

In brief: Tim Draper has rekindled his $250k price prediction for Bitcoin He expects Bitcoin to hit this value by the end of 2022 He cites that unlike three years ago, Bitcoin looks more likely to hit his target Bitcoin is currently defending the $50k support zone as traders digest the news of Blackrock 'dabbling' into BTC Popular Venture Capitalist and Bitcoin bull,...

Feb 17 2021

BlackRock Managing Director Says They Have Started to Dabble in Bitcoin

BlackRock chief investment officer Rick Rieder today on CNBC said that their firm has started to dabble into...

Feb 16 2021

After Breaching $50K, Bitcoin Gives Up Earlier Gains

Markets still remain bullish; retail traders take to derivatives.

Bitcoin (BTC) At $50,000! Stablecoin Reserves At All-Time High, Futures Market Overheated

After Monday's minor pullback, the Bitcoin (BTC) bulls have charged back today as the BTC price hit its new all-time high above $50,000 levels. At...

Feb 15 2021

Market Wrap: Crypto Market Cap Breaks $1.5T as Buyers Show Up for the Dip

Buyers showed up quickly to reverse the crypto market dip through Monday.

Feb 12 2021

Market Wrap: Ether Sets New Highs as Bitcoin Stays Below $49K

Despite choppy price action, news over the past few days has been extraordinarily bullish for the leading cryptocurrency.

Feb 07 2021

Bitcoin (BTC) Futures Open Interest Hits $14B for the First Time

Summary: Bitcoin's aggregated open interest has hit a new high of $14B Bitcoin has just set a local high of $40,960 - Binance rate The King of Crypto has printed what looks like an ascending triangle A resolution of the triangle to the upside could result in new highs for Bitcoin in February However, selling by miners in preparation for the Chinese New...

Jan 28 2021

Bitcoin Addresses Holding 1k+ BTC Increases by 6% in 28 Days

Quick take: The number of Bitcoin addresses holding 1k+ BTC has reached a new all-time high of 2,450 This is an increment of 140 Bitcoin addresses in 28 days or a 6% increment Accumulation of Bitcoin is ongoing and could hint of an expected price increment Bitcoin is still defending the $30k - $32k price area as support The number of Bitcoin addresses...

Jan 26 2021

Bitcoin Price Prediction – BTC Prices Linger on a fine line, Here’s what to expect

Bitcoin has been moving upwards since the start of the year until the recent price adjustment that was overdue. People expected prices to fall further and break the USD 30K downwards, but a strong momentum from Altcoins helped push the cryptocurrency market and net the price adjustments. Where are we currently and what to expect next for Bitcoin Prices?...

Jan 20 2021

BlackRock Gives 2 Funds Go-Ahead to Invest in Bitcoin Futures

Jan 20 2021 Published at CoinDesk under tags  bitcoin futures blackrock markets news

The world's largest asset manager appears to be getting into the bitcoin game.

Jan 03 2021

Deribit Review: Cryptocurrency Futures & Options Trading

Deribit is a Bitcoin trading platform that enables individuals around the world to engage in futures and options trading. The team behind the project combined the first letters from the words Derivates and Bitcoin in order to create the name of their website, and members can use Bitcoin in order to make deposits, withdrawals, and [...] The post Deribit Review: Cryptocurrency Futures &...

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