Want to Track the Speculative Frenzy in Bitcoin Market, Here’s How
Speculative frenzy characterised by irrational exuberance and greed is an infamous sign of an impending market top.
Futures
Bitcoin Funding Rates Jump to 100%, Sparking Opportunity for Savvy Traders
Percent (geralt/Pixabay)
Bitcoin Futures Open Interest Tops $21B, Highest Since November 2021
While notional open interest has surged, the overall leverage build-up is still relatively low.
Traders Prefer Bitcoin to Ether Despite Developing Spot ETH ETF Narrative
The ether-bitcoin forward term structure is downward sloping structure, which means that traders expect ETH to perform weaker than BTC as time goes by, one trader said.
Spot Bitcoin ETF Approval Will Trigger ‘Selling Pressure’ on CME Futures Market: K33
Bitcoin futures’ open interest on the Chicago Mercantile Exchange surged to an all-time high Tuesday as institutions piled into the asset, speculating on a spot bitcoin ETF approval.
‘Smart Money’ Is Record Long on BTC Ahead of Expected Bitcoin ETF
Bullish bets by institutional investors and knowledgeable market participants have reached an all-time high on the CME, data tracked by MacroMicro show.
Bitcoin’s Share in Crypto Futures Trading Slides as Altcoin Profits Allure Traders
Bitcoin’s dominance by futures open interest has declined to 38% from nearly 50% two months ago.
U.S. CFTC Approves Bitcoin Futures Platform Bitnomial’s Derivatives Clearing Application
The Commodity Futures Trading Commission granted crypto derivatives company Bitnomial approval to register as a derivatives clearing organization in the U.S., letting it settle margined futures and options contracts.
Over $600M Locked in Open Dogecoin Futures as DOGE Price Hits Highest Since April
A rise in open interest alongside a rise in price is said to confirm an uptrend.
Key Metrics Show Crypto Traders Turning to Ether From Bitcoin
Futures and options market metrics suggest traditional finance players and sophisticated market participants may soon rotate money into ether from bitcoin.