Bitcoin Derivatives Action Swells: A Few June Futures Trade for $30K, Deribit...
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 futures are swapping for $30k. Crypto derivatives have been hot in 2020, as demand has skyrocketed on various trading platforms this year. At the end of November, CME Group outpaced the competition and became the world’s largest bitcoin....
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Deribit, a bitcoin futures and options exchange platform, has removed all trading fees for the rest of 2016 as part of a promotion to drive more customers to the service. Deribit CMO Marius Jansen offered a simple explanation of the reasoning behind the company’s decision to remove trading fees for the remainder of 2016. “We want to introduce our platform to anyone interested in Bitcoin futures and options trading,” he said. “So we decided to offer free trading until the end of the year.” According to the exchange, traders stand to make more profit on the platform now that fees have been....
Cryptocurrency futures exchange Deribit has partnered with CryptoTaxCalculator in a bid to simplify tax reporting for traders. The CTC tool is easy to use and can directly import transaction data from Deribit and automatically generate your tax reports. With tax season upon us, the deadline being May 17 for US citizens, CryptoTaxCalculator has an enticing […]
Derivatives traders have become noticeably more conservative this month compared to last, new data shows. Bitcoin (BTC) futures are starting to see record discounts as sentiment among derivatives traders worsens. In its latest dedicated report issued Aug. 23, analysis firm Arcane Research painted a worrying picture of morale among BTC futures participants.Futures basis revisits June lowsAfter an initial shock during June’s BTC price drop, which has since held as a macro bottom, Bitcoin derivatives have not been the same.After an initial bounce, metrics are trending downwards, and this....
On June 27, Coinbase Derivatives Exchange (formerly Fairx exchange) announced it will launch its first crypto derivatives investment vehicle pegged to the value of 1/100th of a bitcoin. The new “nano bitcoin futures” product will be listed under the ticker “BIT.” Coinbase derivatives are regulated by the Commodity Futures Trading Commission (CFTC).
Coinbase Introduces BIT, a Futures Product Tied to 1/100th of a Bitcoin
Coinbase is getting into the world of crypto derivatives as the Coinbase Derivatives Exchange has announced the launch of BIT, a nano....
The world’s largest bitcoin options exchange, Deribit, was hacked for close to $28 million, according to an update from the company’s official Twitter account on Nov. 2. Deribit says that the firm’s hot wallet was drained just before midnight the day prior. Crypto Derivatives Exchange Deribit Loses $28 Million — Company Says Customer Funds Are Safe and Business ‘Remains in a Financially Sound Position’ In terms of open interest and volume tied to bitcoin (BTC) and ethereum (ETH) options, Deribit has been the leading crypto options exchange for....