CFTC to Test Tokenized Collateral in Derivatives Markets Beginning with Bitcoin, Ethereum, and USDC
Simply put This pilot program will enable futures commission merchants (FCMs) to accept Bitcoin, Ethereum, and USDC as margin, with enhanced reporting requirements. The updated guidance specifies how tokenized U.S. Treasury securities and money market funds can be incorporated under existing CFTC regulations. Notably, a prior staff recommendation that limited the use of digital assets […]
Bitcoin derivatives data raises doubts about the strength of BTC’s $115K support level.
Key Insights on Bitcoin Market Trends Important takeaways: Current Bitcoin options and futures data indicates that traders maintain a neutral outlook despite a 7% decline from its peak. In China, the demand for stablecoins remains consistent, reflecting some apprehension in the cryptocurrency market. Bitcoin (BTC) experienced a 4% drop from Thursday to Friday, falling under […]
Insights on Bitcoin’s Record Price from Crypto Derivatives
Simply put Bitcoin jumped over 6% on Thursday, surpassing $117,500, primarily due to the liquidation of short positions amounting to more than $1 billion. Experts suggest that this rally might be temporary, with derivatives pointing towards a lack of demand in the spot market. Even with this upward movement, funding rates stayed low, indicating a […]
ETH traders aim for $3.2K following the emergence of a ‘golden cross,’ while derivatives data tells a different story.
Key Highlights Ethereum (ETH) struggled to surpass the $2,600 mark as trader sentiment remains weak, according to futures and options data. Despite the growth of Ethereum’s Layer 2 solutions, this has not translated into heightened ETH demand due to lower trading fees. The recent introduction of a Solana ETF has weakened ETH’s position as a […]
Solana Bulls Aim for $261 as the Derivatives Market Catches Fire
Solana Surges to $185 Amid Futures Activity: Is a Push to $261 Next? Altcoins are gaining traction as the total crypto market cap (excluding Bitcoin) rises to $1.26 trillion. Among the strongest performers is Solana, which recently hit $183, marking a 5.48% increase overnight. Right now, Solana faces some resistance at the $185 level. Still, […]
Bitcoin bulls are back: BTC derivatives data hints at rally to $105K – Cointelegraph
Bitcoin (BTC) has risen 6.5% from its December 23 low of $92,458, but failed to break above the $98,000 resistance level. Traders expressed renewed confidence after a sharp 14.5% correction following the record high of $108,275 on December 17th. Bitcoin derivatives maintain a neutral to bullish stance, suggesting that rapid price movements have not had […]
Bitcoin Could Climb Beyond $150,000 by January, DeFi Derivatives Platform Derive Says – Decrypt
Derivatives markets are pointing out that Bitcoin is unlikely to rise further next month after its historic rally of over $100,000 last week. According to Sean Dawson, head of research at DeFi derivatives protocol Derive: “We continue to see a 10.5% chance of Ethereum reaching $6,000 by January 31st and a 6% chance of Bitcoin […]
Bitcoin price weakens, but BTC derivatives remain healthy – Cointelegraph
Bitcoin (BTC) struggled to rise above $98,000 from November 25th to December 2nd, frustrating investors despite achieving a 38% monthly gain. Market participants are concerned that if the price continues to consolidate below the psychological barrier of $100,000 for an extended period of time, bearish strategies to suppress the BTC price may become active. Bitcoin […]
Crypto derivatives exchange sues SEC for clarity over XRP futures
SEC Commissioner Mark Ueda talks about the agency's handling of cryptocurrencies on “Morning with Maria.” According to an investigation by FOX Business, the Securities and Exchange Commission still firmly believes that the cryptocurrency XRP is a security. The revelation follows the following events: lawsuit The lawsuit was filed Thursday night in Illinois District Court by […]