Tag: futures

Falling Bitcoin Price Results in Monthly Futures ATH for Bakkt

A lot of Bitcoin enthusiasts keep an eye on the Bakkt trading volume. Now that the Bitcoin value is dropping, it seems this platform notes a strong increase in monthly futures volume.  The information provided by the Bakkt Volume Bot on Twitter is very intriguing. It confirms how appeasing Bitcoin futures contracts on this platform are to institutional traders.  A new Bitcoin Futures ATH for Bakkt Just yesterday, Bakkt noted …
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CME Launches Two Ethereum Indexes but Has No Plans for ETH Futures

Cryptocurrency futures have proven to be somewhat intriguing traditional trading vehicles. More specifically, they allow institutional investors to be exposed to cryptocurrency without buying Bitcoin directly. It now seems CME is looking toward the future by introducing Ethereum indexes. It’s an interesting development, although Ethereum futures contracts are not on the roadmap as of yet. What is CME Cooking? When CME, together with Cboe, announced the launch of Bitcoin futures contracts, there …
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Goldman Sachs Delays Bitcoin Trading Desk Plans in Favor of Derivatives

Financial institutions around the world are scrambling to launch Bitcoin trading services. It will be interesting to see who wins this race, although Goldman Sachs may be the first firm to cross the finish line. Their current plan is to launch derivatives trading rather than actually trade Bitcoin. It seems to make a lot of sense at this stage, although it is not the outcome most people had expected. No Goldman Sachs Bitcoin …
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New Cboe Report Indicates More Bearish Bitcoin Price Pressure Is Coming

Ever since Bitcoin futures were made accessible to institutional investors, there has been little interest in this trading vehicle, it seems. The most recent report by Cboe shows that most speculators are opening short positions on the Bitcoin price. This will undoubtedly lead to a lot more price volatility, which is the last thing Bitcoin needs right now. The Bitcoin Price may go Even Lower If there is one thing that …
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