Derivatives marketplace Chicago Mercantile Exchange Group has launched trading for Bitcoin euro and Ether euro futures contracts. In a Monday announcement, CME Group said that it launched contracts for euro-denominated Bitcoin (BTC) and Ether (ETH) futures sized at 5 BTC and 50 ETH per contract. Both contracts will be listed on CME, cash-settled and based on the CME CF Bitcoin-Euro Reference Rate and CME CF Ether-Euro Reference Rate, respectively. “Our new Bitcoin Euro and Ether Euro futures will provide institutional clients, both within and outside the U.S., with more precise…
Tag: Ether
Ether May Continue to Lose Momentum Until Merge Is Completed, BofA Says
Ether’s (ETH) price jump from mid-July until mid-August may continue to fade as investors seek to better understand the implications of The Merge, Ethereum’s tech upgrade that will transform it to a proof-of-stake network, along with future blockchain upgrades, Bank of America said in a note Friday. Source
Aumenta el trading de opciones que apuestan a la volatilidad de ether antes de la fusión
Las instituciones parecen estar adoptando una estrategia de trading de opciones llamada strangle largo —también llamado cuna corta, en español—, el cual es indiferente a la dirección en la que se mueve la criptomoneda y, en cambio, apunta a obtener ganancias del grado de turbulencia o volatilidad de precios. Source
First Mover Americas: Bitcoin in Stasis Ahead of Powell Speech; Coinbase's cbETH Trades At Discount to Ether
The latest price moves in bitcoin (BTC) and crypto markets in context for August 26, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
Large Ether Traders Position for Volatility Spike as Merge Draws Near
The strategy will make money if ether settles well beyond the $800-$3,000 range on Oct. 28, making the call or put more valuable than the initial per contract cost of $62.98. That figure is reached by adding the premium paid for one call option contract, $40.52 and one put option contract, $22.46. The total premium paid for buying the 4,000 call and put contracts is $251,920. The calculation is based on figures mentioned in the above chart. Source
Bitcoin: The Beauty of Mathematics (Part 26)
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Time for an update on our #Bitcoin: The Beauty of Mathematics series, which is actually an analysis on the total #cryptocurrency market capitalization by comparing it to our fair value logarithmic regression trend line. No model will tell us exactly when/where the entire asset class will peak, but hopefully it gives us some insight into what is realistically possible. Where do you think the price of #Bitcoin is headed? Let me know in the comments! Into The Cryptoverse Premium: LIFETIME OPTION: Alternative…
A Bear Market Survival Strategy for Crypto Miners; Bitcoin, Ether Prices Remain in Holding Pattern
Another bitcoin miner, Mawson Infrastructure (MIGI), said it generated $1.8 million in unaudited revenue by engaging in similar types of strategy as Riot. “When energy prices are low, Mawson engages in bitcoin mining and generates revenue by selling self-mined bitcoin daily, as it has from inception,” the miner said in a statement. “When energy prices are high, and where available, Mawson engages in Energy Demand Response Programs, receiving revenue and reducing overall energy costs,” it added. Original
Coinbase Adds Nano Ether Futures to Derivatives Platform for Retail Traders
Coinbase recently launched Nano Bitcoin futures (BIT) for retail traders. Source
Ether lidera recuperación cripto tras confirmación de fusión, pero traders operan con cautela
Comprar ether antes de la fusión de Ethereum es un movimiento generalizado, dijo un trader. Source
Ether Leads Crypto Recovery on Merge Confirmation, but Traders Remain Cautious
Elsewhere, Ahmed Ismail, CEO of liquidity aggregator Fluid said that while the current positive sentiment in the market was largely due to the Ethereum news, the broader sentiment in crypto markets was “strongly linked” to the global macro-economic climate, “which is currently not very optimistic.” Source