BTC December futures reach $73,500 — Is everyone flipping ultra bullish?
Bitcoin’s three-month futures premium reached a record-high of 50%, signaling market inefficiencies.
Derivatives
XRP futures open interest reaches $1.2 billion record
Positive news regarding the Ripple–SEC lawsuit saw XRP’s price rally above $1 and its futures open interest to reach an all-time high.
Crypto market’s slump liquidates $1.4 billion off the trading board
Around $1.4 billion worth of trading positions got liquidated today as the crypto market dove into the red zone, according to crypto metrics platform ByBt.
The post Crypto market’s slump liquidates $1.4 billion off the trading board appeared first on CryptoSlate.
Polkadot futures open interest hits $1B as DOT price reaches a new ATH
The open interest of Polkadot futures soared to $1 billion, eclipsing Litecoin and XRP to make DOT the third-largest futures market.
A Litecoin (LTC) ETP just launched in Switzerland
Litecoin, the world’s ninth-largest cryptocurrency by market cap, will soon see an institutional listing in the form of an exchange-traded product (ETP) in Switzerland, as per a press release by crypto investment firm CoinShares today.
The post A Litecoin (LTC) ETP just launched in Switzerland appeared first on CryptoSlate.
$161M Ethereum options expiry tilts toward bulls as ETH flips $2K to support
Ethereum price recently made a strong move above $2,000 and derivatives data suggests bulls are preparing to push ETH price higher.
Morgan Stanley approves Bitcoin investments for a dozen new funds
American investment bank Morgan Stanley plans to allow a dozen of its funds to invest in Bitcoin via cash-settled futures and the Grayscale Bitcoin Trust (GBTC), according to its filing with the Securities and Exchange Commission published yesterday.
The post Morgan Stanley approves Bitcoin investments for a dozen new funds appeared first on CryptoSlate.
Bitcoin futures premium hits 30%, but analyst says, ‘This time it’s different’
Futures traders are using excessive leverage and historical data shows Bitcoin price crashes tend to occur after the futures premium reaches 30%.
Bullish traders cast low-risk Ethereum options bets with this clever strategy
Risk-averse traders who believe Ethereum is in a bull trend often use the Iron Condor options strategy to limit their downside risk.
Ethereum bulls may reemerge after March $1.15B ETH options expiry
Up to $1.15 billion worth of Ether options are set to expire on March 26, and data suggests bullish traders may make a show of force after the expiry.
