Red-hot spot markets are primarily fueling bitcoin’s recent rally as the leading cryptocurrency trades at three-year highs around $15,500, suggesting the bull market may have room to continue. Unlike previously rallies, derivatives markets are playing a markedly less prominent...
Bitnomial, a bitcoin derivatives exchange with access to the lucrative, and exclusive, U.S. institutional market, has raised $11.6 million in a Series B led by Electric Capital, according to a source familiar with the matter. With additional participation from...
Four years ago, when the Seychelles-based cryptocurrency exchange BitMEX announced a new product called the “perpetual bitcoin leveraged swap,” few traders in nascent digital-asset markets could have anticipated what a major impact the obscure rollout would have on the...