Crypto derivatives gained steam in 2020, but 2021 may see true growth
Crypto derivatives showed enormous growth in 2020 as nearly $2 billion worth of BTC options expired on Christmas day. 2020 was the most important year for the crypto derivatives market so far. Both Bitcoin (BTC) and Ether (ETH) derivatives steadily grew throughout the year, with their futures and options products available across exchanges such as the Chicago Mercantile Exchange, OKEx, Deribit and Binance. On Dec. 31, Bitcoin options open interest reached an all-time high of $6.8 billion, which is three times the OI seen 100 days before that, signifying the speed at which the crypto....
With 2020 now in the past, 2021 is already moving full steam ahead with the crypto market setting new highs and industry leader Crypto.com kick-starting the new year with exclusive CRO rewards. Here’s how you can sign up to become a Crossfire validator and earn your share of $300,000 worth of CRO rewards. Participate In The Crossfire Mainnet Dry Run, Get CRO Rewards! Crypto.com has a novel new year gift for existing and potential new […]
Crypto derivatives are now among the most common financial products on any cryptocurrency exchange or trading platform, thanks to increased interest among the trading community. Trading crypto derivatives has its own advantages as it allows users to mitigate volatility-associated risks and hedge against potential losses. There are various derivatives products that include Swaps, Futures, Forwards, […]
During the end of 2020 and into 2021, a great number of digital assets have seen significant gains and the bearish season that followed 2017 has turned its course. Bitcoin touched an all-time price high on February 11, 2021, reaching $49k per coin and three-month stats show bitcoin is up 198%. Despite the phenomenal 90-day gains, numerous alternative crypto assets have seen much larger increases. The infamous dogecoin, for instance, has spiked 2,322% during the last three months. Crypto Asset Market Performances in 2021 Bitcoin and the crypto economy has steadily surpassed the $1 trillion....
CoinMetro, the crypto-platform powering the future of finance, announced today that they’ve shattered their growth expectations, with revenue leaping 100x in March 2021 compared to March 2020. Buoyed by a strong crypto market, a vibrant community, and an ever-expanding product lineup, CoinMetro has more than doubled its revenue projections for Q1 2021, putting the Tallinn-based […]
Bitcoin proved its store-of-value narrative in 2020, but its growth could bring increased regulatory scrutiny in 2021. The post Bitcoin’s Strong 2020 Could Bring A Bumpy 2021 appeared first on Bitcoin Magazine.