Chiusura precedente | 6,30 |
Aperto | 6,30 |
Denaro | 4,90 |
Lettera | 6,50 |
Prezzo d'esercizio | 195,00 |
Scadenza | 2024-01-19 |
Min-Max giorno | 6,30 - 6,30 |
Contratto - Min-Max | N/D |
Volume | |
Open Interest | 841 |
Open interest in CME futures has risen to the highest level since March 2022, indicating an influx of institutional traders to the crypto market.
Derivatives marketplace Chicago Mercantile Exchange (CME) is adding to its cryptocurrency offerings with daily expirations soon to be available on bitcoin and either futures options contracts, the company said in a press release on Monday.
The latest price moves in bitcoin (BTC) and crypto markets in context for March 8, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The CME now accounts for a majority of activity in the standard futures market tied to bitcoin, one observer said, while explaining a relatively higher premium in futures listed on the Chicago-based exchange.
Open interest in bitcoin futures on the Chicago Mercantile Exchange has risen, while ether’s has declined, according to an Arcane Research report.
While futures have flipped into premium, the "term structure" remains in backwardation, signaling caution among institutions.
Poor market sentiment and an extreme lack of volatility were the likely culprits behind the declines.
The two new crypto funds, the first of their kind in Asia, will trade on the Hong Kong Stock Exchange.
Derivatives marketplace Chicago Mercantile Exchange (CME) and cryptocurrency index provider CF Benchmarks this month will introduce reference rates and real-time indices for aave (AAVE), curve (CRV) and aynthetix (SNX), the two said in Thursday. “These three new benchmarks, together with Uniswap launched earlier this year, will capture more than 40% of the total value locked in [decentralize finance] protocols on the Ethereum blockchain,” said CME Group’s head of cryptocurrency products, Giovanni Vicioso. The launch comes as interest in decentralized finance (DeFi) and associated blockchain-based projects continues to grow and cryptocurrency traders are increasingly exploring DeFi protocols, Vicioso told CoinDesk, even as the industry recently took another hit with the collapse of crypto exchange FTX.
The record discount in the front-month bitcoin futures traded on the CME indicates institutions are biased bearish. The discount may attract arbitrageurs.
The underperformance has been far lower than estimated, thanks to the bear market.
Traders on the Chicago Mercantile Exchange changed their outlook on the Federal Reserve's next interest rate decision dramatically overnight. Speculation is mounting the central bank may raise the official U.S. interest rate by a full percentage point for the first time since the early 1990s, reflecting the growing unease among traders and policymakers about unrelenting inflation. Just a month ago, traders were almost fully pricing in 50 basis points.
The number of outstanding futures and perpetual contracts on bitcoin rises to a record, and traders are paying up to bet on further price declines – in a market that's already bearish.
The latest price moves in bitcoin (BTC) and crypto markets in context for August 24, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Most crypto assets ended the day higher on Tuesday after new home sales fell 12.6% in July from the month before, the slowest pace since July 2016. Bitcoin was recently trading 2% higher following the soft economic news and ether was up 4.8%. The drop in home sales offers the latest evidence that the U.S. Federal Reserve’s more aggressive approach to taming inflation is slowing the economy without casting it into a recession.
On Monday, CME's bitcoin futures showed a 3.36% discount, surpassing previous lows of 2.39%.
CME's latest launch will allow traders to make bets and manage risk ahead of the Merge.