Category: Futures

Market Wrap: Derivatives May Reduce Miner Selling Pressure After Bitcoin Halving

With less than a week to go before the expected May 12 halving event, bitcoin’s price is swinging upward. The crypto derivatives market is helping to hedge the uncertainty on which way the bitcoin market will go when miners...

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Bitcoin Rallies 10% Ahead of CME April Futures Expiration

Bitcoin prices spiked to a new monthly high of over $7,725, according to the CoinDesk Bitcoin Price Index. The rally comes on the day before the expiry for CME April bitcoin futures.  According to comments shared with CoinDesk, bitcoin...

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Open Interest in CME Bitcoin Futures Rises 70% as Institutions Return to Market

Open interest in bitcoin futures listed on the Chicago Mercantile Exchange (CME) has recovered significantly from the March lows, indicating a resurgence in institutions that want to buy the cryptocurrency.  As of Wednesday, open interest, or the number of...

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