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bitcoin futures
Institutional frenzy: CME becomes 2nd biggest Bitcoin futures market
The Chicago Mercantile Exchange (CME) just became the second-biggest Bitcoin futures exchange in open interest behind OKEx, buoyed by rising institutional demand. The CME Bitcoin futures market overtook Binance Futures to become the…
3 key metrics and disinterest from pro traders hint at Bitcoin price sell-off
Bitcoin price is chasing another 2020 high but top traders refusing to open longs is a bearish signal. For novice traders, FOMO can be a heavy burden to bear. Resisting the urge to buy Bitcoin (BTC) after a nearly 15% rally, which saw the…
Bitcoin now has a 7% chance of beating $20K highs in the next 2 months
Bitcoin odds are "repricing quickly," says Skew as one analyst highlights the current price pump's "organic" nature. Bitcoin (BTC) has a 7% probability of beating its $20,000 all-time highs by the end of this year, data shows.According to…
Futures Traders Aren’t as Bullish This Time Around as Bitcoin Price Revisits $12,000, Data Indicates
Oct 21, 2020 at 01:40 UTCBitcoin price and historical funding rates from includes funding rates from Binance, Bitfinex, BitMEX, and Deribit since July 2020Futures Traders Aren’t as Bullish This Time Around as Bitcoin Price Revisits…
Study finds CME drives Bitcoin price, but it excludes stablecoin volumes
Data from Wilshire Phoenix suggests BTC price formation is driven by CME Bitcoin futures but would this dynamic differ if stablecoin volumes were also included? On Oct. 14, Wilshire Phoenix investment firm released its Efficient Price…
Institutional Bitcoin longs at record-high, hedge funds short — CME data
CME data shows Institutions are long Bitcoin while hedge funds are aggressively shorting BTC. According to CME, the amount of Bitcoin (BTC) long contracts held by institutions are at an all-time high. Yet, CME’s most recent…
Sharp Bitcoin price move brewing as BTC volatility falls to a 16-month low
Bitcoin volatility has fallen to a 16-month low, signalling that a sharp move in BTC looms. Bitcoin (BTC) options aggregate open interest has increased to $2 billion, which is 13% below the all-time high. Although the open interest is…
Record-high Bakkt Bitcoin delivery exposes institutional frenzy for BTC
Bakkt recorded an all-time high Bitcoin delivery in October, demonstrating a clear spike in institutional demand for BTC. Data from Arcane Research shows Bakkt Bitcoin exchange saw another record-high month from Sept. 20 to Oct. 20. This…
JPMorgan says Bitcoin slightly overvalued as a commodity
Referring to Bitcoin as a commodity seems to show a maturing view of the asset. Multiple JPMorgan Chase experts analyzed Bitcoin’s current price when compared to other commodities, and noted that the asset could see selling pressure…
Top traders go long after Bitcoin price rallies to key $11.5K resistance
The futures contracts premium and the long-to-short ratio show that top traders feel bullish about Bitcoin price. On Oct. 7 Cointelegraph reported that top crypto traders had kept a bearish stance since mid-September and at the time the…
