Category: BitMex

Crypto Derivatives Surge, Bitcoin Options Open Interest Climbs to $9.6 Billion

Crypto Derivatives Surge, Bitcoin Options Open Interest Climbs to $9.6 Billion

Bitcoin options open interest has reached $9.6 billion according to derivatives market data as the metric is nearing the high captured on January 7, 2021. Moreover, the aggregate open interest in bitcoin futures is steadily nearing all-time highs. While cryptocurrency spot markets have consolidated, bitcoin-based derivatives markets have seen continuous action. At the time of […]

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Following the CFTC Charges: BitMEX Reports 100% Verified Trading Volume and User Base

One of the major cryptocurrency derivatives exchanges, BitMEX, has completed the month-long process of verifying its entire user base. The development comes shortly after the platform said it would provide its clients with faster transactions via a new integration system update. 100% of Volume on the BitMEX Platform Fully Verified  In a recent post, BitMEX has […]

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While Bitcoin Tapped New Price Highs, 78,000 Short Positions Worth Over $800 Million Got Liquidated

While Bitcoin Tapped New Price Highs, 78,000 Short Positions Worth Over $800 Million Got Liquidated

While bitcoin has crossed a new all-time price high in 2021, traders are leery toward shorting the crypto asset. Data from Bitfinex shows the number of short contracts has been extremely low in comparison to the total number of shorts in mid-March 2020. On Saturday, January 2, 2021, when the price of bitcoin surpassed $33k, […]

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Bitcoin Derivatives Action Swells: A Few June Futures Trade for $30K, Deribit Adds $140K Options Strike

Bitcoin Derivatives Action Swells: A Few June Futures Trade for $30K, Deribit Adds $140K Options Strike

Bitcoin derivatives markets have been seeing significant demand in recent months at the same time bitcoin spot markets climbed to all-time price highs and surged 149% during the last three months. Just recently the leading bitcoin options exchange Deribit announced the launch of both $120k and $140k strikes, and data from skew.com shows some June […]

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BitMEX Upgrades Custody System And Integrates Bitcoin Core

One of the leading cryptocurrency derivatives exchanges BitMEX has announced the completion of a significant upgrade on its custody system to improve transactions.  The update will allow BitMEX to use Bitcoin Core to track users’ BTC deposits and withdrawals, the company said.  Important Updates Since Bitcoin Core ZeroMQ notifications trigger the new architecture, deposits will […]

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BitMEX Parent Company 100x Group Appoints Börse Stuttgart Executive As The New CEO

BitMEX Parent Company 100x Group Appoints Börse Stuttgart Executive As The New CEO

100x Group is the holding organization for HDR Global Trading Limited – the owner and operator of the popular Bitcoin derivatives exchange, BitMEX. The company announced earlier today that it had appointed a new CEO – Alexander Höptner. The statement reads that Höptner will replace the interim Chief Executive Officer Vivien Khoo in January 2021. […]

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CME Group Outpaces Competition Becoming the World’s Largest Bitcoin Futures Market

CME Group Outpaces Competition Becoming the World’s Largest Bitcoin Futures Market

Financial derivatives products for bitcoin have grown massively during the last few months. On Friday evening (EST), Arcane Research explained that the Chicago Mercantile Exchange has surpassed Okex as the largest bitcoin futures provider. The regulated derivatives market at CME has doubled month after month as incoming interest has created more demand for CME’s bitcoin […]

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Bitcoin Derivatives See Record Highs, Year-End BTC Options Show 29% Chance Price Crosses $20K

Bitcoin Derivatives See Record Highs, Year-End BTC Options Show 29% Chance Price Crosses $20K

As the crypto economy sets its sights on half of a trillion in USD value, digital currency derivatives markets are swelling significantly. Bitcoin futures have surpassed a six-month high at $52 billion, while the crypto asset’s options markets have jumped massively too. Additionally, bitcoin options markets indicate that traders wager there’s a 29% chance the […]

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