Bitcoin Boredom Takes Derivatives Trading Volume To One-Year Low
Bitcoin over the last couple of weeks has been in a perpetually flat state. As expected, this has spilled into the market across all spheres and all bitcoin and its related products were feeling the heat. The futures markets were not left out as volume had begun to decline. By last weekend, bitcoin futures volumes […]
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America’s largest crypto exchange announced it has acquired derivatives exchange FairX and plans to begin offering derivatives trading to US customers in the future. Major U.S. crypto exchange Coinbase, the third largest in the world by 24 hour volume, intends to enter the derivatives trading markets, having acquired the FairX derivatives exchange.FairX is a Designated Contract Market (DCM) derivatives exchange regulated by the Commodity Futures Trading Commission (CFTC). Despite being relatively new to the market, having launched in May 2021, FairX has secured brokerage partnerships with....
With the rise of derivatives trading, how do protocols ensure that retail investors are not going in blind? BTCWith an increase in the number of retail investors dabbling in derivatives trading and investors hopping into decentralized exchanges (DEXs) due to regulations in the United States and China, there has been a rise in users utilizing derivatives DEXs, with Bitcoin (BTC) whales moving into derivatives and an increase in buying interest in derivative contracts.This has created a surge in the daily trading volume for derivatives protocols, allowing them to briefly take over....
In a remarkable turn of events, XRP derivatives trading volume has experienced an astonishing surge of 204% within a mere 24-hour period. This surge coincides with the recent disclosure by Judge Torres regarding the denial of the Securities and Exchange Commission’s (SEC) interlocutory appeal against Ripple Labs. Judge’s Ruling Against SEC Boosts XRP Sentiment According to data from Coinglass, a leading cryptocurrency analytics platform, XRP derivatives trading volume has witnessed an unprecedented spike, reflecting a significant increase in market activity. This surge in....
By Bitget CEO Sandra Derivatives products have been playing a significant role in the global finance market. As the concept of decentralization experienced rapid development and gradually gained wider recognition among users in recent years, decentralized derivatives trading has naturally become one of the most promising markets. So is it possible for decentralized derivatives exchanges to disrupt their centralized counterparts in the short to medium term? Here are some of my thoughts and I’d like to share them with you. In the traditional financial sector, derivatives are classified....
Data shows the Bitcoin trading volume has declined by 38% since the highs in September as a result of the boring price action in the crypto. Bitcoin Spot Trading Volume Has Plunged Down In Recent Days As per the latest weekly report from Arcane Research, the current 7-day average BTC spot volumes are down to just around $7.9 billion. The “daily trading volume” is an indicator that measures the total amount of Bitcoin being transacted in the spot markets on any given day. When the value of this metric is high, it means the market is active right now as investors are moving....