Category: CME Group

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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Crypto Markets Suffer Heavy Losses, Bitcoin Price Sinks More Than 25% in 24 Hours

Crypto Markets Suffer Heavy Losses, Bitcoin Price Sinks More Than 25% in 24 Hours

Cryptocurrency markets have suffered significant losses during the last 24 hours, as the entire crypto market cap has dropped below a trillion to $823 billion losing roughly 9.9% in value. Since the bitcoin price height on Sunday, January 10, bitcoin’s price plummeted over 25%, seeing the largest price dive of the year. Digital currency markets […]

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CME Sees Trading Volume ATH Above $2.7 Billion During Bitcoin’s Latest Drop

CME Sees Trading Volume ATH Above $2.7 Billion During Bitcoin’s Latest Drop

Yesterday’s highly volatile BTC performance has led to increased trading volumes on numerous platforms, including CME Bitcoin futures registering a new all-time high of $2.7 billion. BTC Futures Record Trading Volume On CME Launched in late 2017, the Chicago Mercantile Exchange allows institutional investors to trade with the primary cryptocurrency on a regulated platform. Apart […]

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Bitcoin Lost $5,500 in Hours as the $29K CME Gap Got Filled: Is The Correction Over?

Bitcoin Lost $5,500 in Hours as the $29K CME Gap Got Filled: Is The Correction Over?

Since the opening of today’s candle, Bitcoin went on a rollercoaster, dropping around $5,500 and recovering some of it already. On its way down, BTC filled the latest CME gap at about $29,000 and jumped back above $30,000 immediately after. This raises speculations within the crypto community if this was a necessary correction triggered by […]

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Bitcoin Price Faces the Biggest CME Futures Gap: What Does it Mean?

Bitcoin Price Faces the Biggest CME Futures Gap: What Does it Mean?

Bitcoin futures on the Chicago Mercantile Exchange (CME) have recorded the largest price gap to date of about $3,000. This came after a three-day Christmas break for BTC trading on the regulated exchange and a massive price jump for the asset resulting in consecutive all-time highs. Biggest BTC Gap On CME Launched in late 2017, […]

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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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Open interest in CME bitcoin futures skyrockets 42% in a week, records a new high of $1.47 billion

Open interest in CME bitcoin futures skyrockets 42% in a week, records a new high of $1.47 billion

CME Group’s bitcoin futures continue to soar in popularity as more institutional investors flock to the nascent sector.  Open interest in the futures product has now hit a new record high of $1.47 billion, according to The Block’s data dashboard. The figure is 42% higher from just a week ago when it was about $1.03 […]

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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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CME bitcoin futures cross $1 billion in open interest — a new all-time high

CME bitcoin futures cross $1 billion in open interest — a new all-time high

CME Group’s cash-settled bitcoin futures have hit an all-time high open interest of $1 billion. The milestone comes as bitcoin price continues to surge at around $18,000 levels. The spike in the open interest, or the value of outstanding derivative contracts that are yet to be settled, suggests that more money is flowing in the […]

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