Open interest for Bitcoin futures, as indicated by recent activity on centralized crypto exchanges, has recorded a new high, a trend that points to a boost in overall trading volumes across the largest cryptocurrency in terms of market cap and global adoption. CoinGlass data reveals… Read More
Open interest on the Chicago Mercantile Exchange (CME Group) for Bitcoin (BTC) options has surged dramatically during the past few days, following the third Bitcoin halving event, which effectively reduced the cryptocurrency’s supply by 50%. An options contract is an agreement between two consenting… Read More
As Bitcoin (BTC), the flagship cryptocurrency, closed out January 2020 with its strongest performance in the past seven years, open interest on Bakkt surged to yet another all-time high on January 31 for physically-settled BTC futures contracts. Meanwhile, institutional traders on the CME Group prepared… Read More
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