Bitcoin’s Rivalry With Gold Plus Millennial Interest Gives It ‘Considerable’ Upside Potential: JPMorgan
A Friday note outlines institutional, corporate, and Millennial interest in the leading cryptocurrency.
Bitcoin Futures
3 key metrics and disinterest from pro traders hint at Bitcoin price sell-off
Bitcoin price is chasing another 2020 high but top traders refusing to open longs is a bearish signal.
Bitcoin now has a 7% chance of beating $20K highs in the next 2 months
Bitcoin odds are “repricing quickly,” says Skew as one analyst highlights the current price pump’s “organic” nature.
US crypto derivatives merchants need to leave customer funds alone, says CFTC
The CFTC has issued new guidance for crypto derivatives markets that hold customer funds, much of which boils down to “be very, very careful.”
Pro traders added to shorts as Bitcoin price broke $12K, data shows
Bitcoin derivatives favor bulls but data shows top traders added to their short positions as BTC rallied above $12K.
Futures Traders Aren’t as Bullish This Time Around as Bitcoin Price Revisits $12,000, Data Indicates
Futures funding stayed flat or turned negative despite bitcoin’s rally to $12,000.
Study finds CME drives Bitcoin price, but it excludes stablecoin volumes
Data from Wilshire Phoenix suggests BTC price formation is driven by CME Bitcoin futures but would this dynamic differ if stablecoin volumes were also included?
Institutional Bitcoin longs at record-high, hedge funds short — CME data
CME data shows Institutions are long Bitcoin while hedge funds are aggressively shorting BTC.
Sharp Bitcoin price move brewing as BTC volatility falls to a 16-month low
Bitcoin volatility has fallen to a 16-month low, signalling that a sharp move in BTC looms.
Record-high Bakkt Bitcoin delivery exposes institutional frenzy for BTC
Bakkt recorded an all-time high Bitcoin delivery in October, demonstrating a clear spike in institutional demand for BTC.
