A Bitcoin Warning Signal Blares From Surging Interest in Shiba Inu
SHIB meme coin signals trouble for bitcoin’s price (Atsuko Sato)
Futures
ProShares Says Bitcoin ETF Has Matched BTC Price Closely, ‘Roll Cost’ Concerns Are Unwarranted
Interest on the ETF’s cash balances helps offset the cost of rolling from one set of futures to the next, ensuring a low tracking error, the firm said.
Bitcoin Futures Attract Biggest Bets Since Terra’s Collapse
Open interest has surged to $11 billion to its highest level in over a year.
Pepe Coin Shorters Lose Millions as PEPE Jumps to $900M Valuation
The market capitalization for the tokens jumped to nearly $900 million as the frenzy seems neverending.
First Mover Americas: Lots of Bitcoin Futures Traders Cash Out
The latest price moves in bitcoin (BTC) and crypto markets in context for April 27, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Dogecoin Futures Set Record After Twitter Adopts Shiba Inu Logo
Open interest, which can be used to determine market strength behind price trends, jumped to all-time highs in dogecoin terms.
U.S. Futures Watchdog Issues Compliance Rule for Crypto Activities Among Members
In the absence of formal crypto rules from U.S. government agencies, the National Futures Association (NFA) is setting up standards for its members that deal in digital assets commodities.
Arbitrum IOU, Futures Markets Heat Up Ahead of ARB Token Airdrop
An IOU token and an upcoming futures product are letting traders speculate on ARB prices ahead of this week’s claim event.
Bitcoin Long Liquidations Hit Highest Level Since August
Centralized exchanges liquidated bullish long futures worth over $62 million during the early Asian hours.
Crypto Options Exchange Deribit To Offer Bitcoin Volatility Futures
Futures tied to Deribit’s bitcoin volatility index, DVOL, will go live at the end of March.