Bitcoin price rallied 8.5% to recover the $32,000 level, but derivatives data shows pro traders still feel apprehensive.
This year crypto derivatives traders faced some tough times, but the current situation seems much more favorable to Bitcoin bulls.
Ethereum’s EIP-1559 upgrade is fast approaching, but derivatives data shows traders are less than optimistic about ETH’s short-term prospects.
CME Group saw more than one million of its micro bitcoin futures contracts traded in under two months after launch, indicating high interest.
The Chicago-based derivatives market launched its Micro Bitcoin futures product in early May, providing investors with smaller positioning opportunities.
Investment firm VanEck has filed with the U.S. SEC to offer a bitcoin futures mutual fund in the U.S.
Galaxy Digital’s co-president Damien Vanderwilt announced today that his firm has partnered with Goldman Sachs to help provide bitcoin futures products. The partnership marks one of the first occasions where an American multinational investment bank has partnered with a crypto asset service provider. Galaxy Serves as Goldman’s Counterparty for Bitcoin Futures Trading Goldman Sachs is […]
Mike Novogratz’s Galaxy Digital will serve as the counterparty entity for Goldman Sachs’s Bitcoin futures trading product.
The dYdX platform allows users to trade perpetual contracts with exposure to various crypto markets. It claims to have built the fastest decentralized exchange through layer-two solutions.
Bitcoin’s range breakout boosted sentiment but traders are waiting for a daily close above $41,000 before taking more decisive action.