Derivatives


Markets

Bitcoin 'Options Smile' Shows Market Fearful of Downside Despite Tesla News

Bitcoin option's smile shows persistent fears of deeper drop and low expectations for a quick rally.

Bitcoin's "options smile" looks more like a smirk.

Markets

Binance Extended Crypto Exchange Dominance During May Trading Frenzy

Binance led competitors in May with a monthly trading volume of $2.46 trillion, up 49% from April levels.

Binance CEO Changpeng "CZ" Zhao

Markets

Open Positions in CME-Based Bitcoin Futures Slump to 5 1/2-Month Low

Open interest in the CME's standard bitcoin futures contract has hit the lowest since mid-December.

skew_cme_bitcoin_futures__total_open_interest__volumes_

Markets

Bitcoin Drops Below $31K Before Rebounding; $8B in Liquidations Triggered

The price of bitcoin is now down more than 30% so far in May, on track for its worst month since November 2018.

The bitcoin price has slipped below the key 200-day simple moving average.

Finance

Polkadot-Based Derivatives Exchange Raises $6.4M at $50M Valuation

Su Zhu’s Three Arrows co-led the funding round for dTrade. The project looks to decentralize crypto derivatives trading.

dTrade co-founders Niko Grzesiak, Rabeel Jawaid and Zabi Mohebzada

Markets

Dfinity's ICP Token Price Goes Live on Coinbase Pro

The launch of the Dfinity project's internet computer (ICP) token on Coinbase Pro instantly makes it one of the largest cryptocurrencies.

CoinGecko chart shows initial trading in ICP token.

Markets

Crypto Futures Saw Record $10B Worth of Liquidations on Sunday

Record futures liquidations show leverage was excessively skewed bullish.

skew_btc_futures_annualized_rolling_3mth_basis

Markets

JPMorgan Says Bitcoin ETFs Could Shrink CME Futures Premium

"Launching a bitcoin ETF in the U.S. will be the key to normalizing the pricing of bitcoin futures," according to JPMorgan.

MOSHED-2021-4-12-15-43-53

Markets

Q1 2021 Industry Trends: Institutional Interest in ETH Ramps Up

These three events and two metrics show how ether markets are maturing.

The Chicago Mercantile Exchange ascended three spots in the ranking of bitcoin futures exchanges.