Mutual Insurance Takes off As Bitcoin Futures Market Matures

The crypto futures market is heating up. On June 30, Binance launched Compound perpetual contracts at 50x leverage, around the same time Beijing-based MCDEX debuted a novel decentralized ETH perpetual contract that has no expiry date. CoinFLEX, meanwhile, has unveiled a centrally traded repo market powered by deliverable perpetual futures and Bybit has reported strong demand for its new mutual insurance product from BTC-USD perp traders. Of course, the popularity of perpetual contracts is an established trend, with trading volumes that regularly outstrip the spot market by a factor of 5:1. As…

Digitex Futures’ DGTX to Start Trading on KuCoin, Expansion Plan Revealed

Digitex Futures, the commission-free bitcoin futures exchange platform by Digitex Ltd is on its way to achieving a significant milestone by listing its native DGTX exchange token on KuCoin. According to the recent announcement, DGTX/BTC and DGTX/ETC trading pairs will be available on IDG Ventures backed KuCoin global exchange from July 3, 2020. Deposits for DGTX will open a day before on July 2. The listing of DGTX trading pairs on KuCoin enables over 5 million users from more than 200 countries to start trading the digital asset against popular…

Bitcoin Options Taking Market by Storm Exceeding Futures and Swaps

According to the recent data from Skew, Bitcoin options trading is becoming more popular in the market than futures or swaps. As the cryptocurrencies’ popularity grows in the trading industry, Bitcoin options trading is attracting a significant number of investors and other market participants. Despite not being in the market for long compared to the traditional stock market, Bitcoin has been able to move from an ordinary asset to a major traded asset, with institutional players showing their interest. According to data from Skew, Bitcoin options trading is growing at…

3 Things Every Crypto Investor Should Know About Trading Bitcoin Futures

Trading Bitcoin (BTC) futures might seem easy on the surface but there are a number of fees that investors seeking big returns from high leverage trades ignore.  In addition to trading fees, investors should also be aware of the variable funding rate that many exchanges levy and even maker and taker fees should be taken into account.  Let’s take a look at three things every crypto trader should know about trading Bitcoin futures. Know the funding rate There are quite a few hidden costs when trading Bitcoin futures contracts. The…

Dow Futures Stumble Ahead of Ominous Nonfarm Payrolls Report

Dow Jones futures rose by as much as 64 points Thursday night before paring gains. The Dow closed higher in New York, capping off its longest winning streak in five weeks. The Labor Department will release the May nonfarm payrolls report Friday at 8:30 a.m. ET. Eight million job losses are expected. Futures on the Dow and broader U.S. stock market reversed modest gains Thursday evening, as investors paused in anticipation of May employment numbers. Stock Futures Give Back Modest Gains Stock futures traded mixed Thursday evening. Dow Jones futures…

Dow Futures Drop But a Blistering 9% Jump Awaits, Predicts Analyst

Dow Jones Industrial Average (DJIA) futures fell 136 points overnight after back-to-back gains. Wall Street analyst who nailed the March bottom sees another 9% upside in the stock market as momentum continues. Traders await a fresh round of jobless claims data, expected to come in at 1.8 million this week. The stock market looks set to open slightly lower on Thursday. Traders are taking a breather after a monster rally this week. Dow Jones Industrial Average (DJIA) futures were down 136 points this morning. This is likely just a cooling-off…

Dow Futures Unstoppable and Traders are Getting Way Too Greedy

Dow Jones Industrial Average (DJIA) stock market futures pushed higher on Wednesday. The Nasdaq is just inches away from reclaiming its all-time high in the backdrop of a global crisis. Traders are now getting ‘greedy’ according to the CNN fear and greed index – a notorious warning sign for a frothy market. Stocks continue their unstoppable rise higher, despite a backdrop of global recession, health crisis, and mass protests across America. Dow futures point to another 150 rise on Wednesday morning. Incredibly, the tech-heavy Nasdaq Composite index is within touching…

KuMEX Becomes KuCoin Futures, ETH Contracts and More Features to Follow

Starting June 3, 2020, the KuMEX crypto futures trading platform will be rebranded as KuCoin Futures, announced the IDG-backed cryptocurrency exchange giant. In addition to the rebranding exercise, the platform will also be launching an Ethereum perpetual contract with 100x leverage. According to the announcement, KuCoin Futures will be available on its new official website: futures.kucoin.com, and the existing KuMEX communities and social media channels will be renamed to reflect the new brand name. To avoid any confusion, KuCoin will continue supporting the original domain name kumex.com for another 6…

Dow Futures Spark Higher as China Appears to Cool Trade Threat

Dow Jones Industrial Average (DJIA) futures turned positive on Tuesday, erasing overnight losses. Contrary to yesterday’s bombshell threat, Chinese firms continued to purchase US agriculture products as normal. China appears to have walked back its threat to halt US soybean purchases and hold up its end of the phase one trade deal, for now. The U.S.-China trade war continued to dominate investor sentiment on Tuesday. This time, for the better. Dow futures are pushing higher, having erased losses from the overnight session. The strong spike higher came as China appeared…

Dow Futures Plummet with Bloomberg’s Bombshell China Report

Dow Jones Industrial Average (DJIA) futures plunged 100 points on Monday morning. China aggravated tensions by some halting US agricultural imports, threatening trade deal. The White House turned off all external lights in a historic moment last night amid growing protests in the capital. U.S. stock futures whipsawed overnight, turning sharply lower in the early hours. Despite initial gains, Dow futures suffered a painful selloff as China yanked a key part of the phase one trade deal. As Bloomberg reports, Chinese government officials have ordered state-run agriculture firms to halt…