Tag: Futures

Ethereum network growth, bullish ETH futures support $2.4K

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Key takeaways: Ether (ETH) has repeatedly failed to break above $2,700 since May 13, but despite this short-term weakness, Ether’s price has outperformed the broader cryptocurrency market capitalization by 17% over the past 30 days, raising the likelihood of a correction as macroeconomic uncertainty continues. Investors are concerned that declining interest in decentralized applications (DApps) across all blockchains is a key reason why ETH still trades 48% below its October 2021 all-time high of $4,870. The industry’s total value locked (TVL), currently at $122 billion, is still 43% below its…

Bitcoin heads toward $100K, but BTF futures predict recovery

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Key takeaways: Bitcoin price metrics show restrained profit-taking and strong support near $96,000–$104,000. A $3.7 billion open interest drawdown reset an overheated market and preps BTC for a possible rebound. Bitcoin (BTC) is down 4.50% for the week and could revisit the $100,000 level over the next few days, but data suggests that prolonged trading below this level could be limited. In a recent post, CryptoQuant noted that the Net Realized Profit/Loss (NRPL) chart, which tracks profits and losses from Bitcoin transactions, shows moderate profit taking at the current levels.…

XRP Futures Hit Regulated Markets With a Bang as Tradestation Joins

XRP futures just hit the big leagues as Tradestation turbocharges its crypto game with CME-backed contracts, unlocking massive volume potential for institutional-grade digital asset trading. XRP Gets a Futures Makeover—Tradestation’s CME Push Signals High-Volume Play Tradestation Securities Inc., a self-clearing online brokerage firm based in Plantation, Florida, revealed on May 27 its participation in CME […] Source CryptoX Portal

Crypto perp futures coming ‘very soon,’ says CFTC’s Mersinger

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Crypto perpetual futures contracts could receive regulatory approval in the US “very soon,” says outgoing Commodities and Futures Trading Commission Commissioner Summer Mersinger. Perpetual crypto futures “can come to market now,” Mersinger told Bloomberg TV on May 22.  “We’re seeing some applications, and I believe we’ll see some of those products trading live very soon,” she said, adding it would be “great to get that trading back onshore in the United States.”  Mersinger, who will leave the CFTC at the end of May, said having crypto derivatives trading and regulated…

XRP Futures Heat up as Nasdaq Welcomes XRPI and XRPT in Major ETF Debut

XRP just got a Wall Street upgrade as two powerful ETFs hit Nasdaq, giving traders unmatched access without the crypto hassle. Volatility Shares Launches XRP-Backed ETFs With Direct and 2x Exposure Volatility Shares introduced two new exchange-traded funds (ETFs) on May 22—XRPI and XRPT—marking a significant milestone for investors seeking streamlined access to XRP markets […] Source CryptoX Portal

Bitcoin Futures and Options Hit Record Highs as $300K Calls Signal Bullish Frenzy

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Bitcoin futures and options markets have shattered records this week, with open interest surging to unprecedented levels as traders amplify bullish bets—including speculative calls for prices to hit $300,000. Traders Flood Bitcoin Derivatives as Futures, Options Volumes Shatter Records The total open interest in bitcoin futures reached an all-time high of $80.73 billion, representing 723,990 […] Original

Will XRP Price Rally $3 After New Futures ETF Launch?

Key Notes Despite a significant purchase of 250 million XRP tokens worth over $500 million by a whale, the XRP price remains unmoved. Meanwhile, institutional interest stays strong, with CME’s ETF hitting $1.5 million in trading volume on its first day. As Volatility Shares prepares to launch its XRP Futures ETF, attention turns to the potential approval of a spot XRP ETF. Amid the broader crypto market rally today, XRP XRP $2.22 24h volatility: 0.8% Market cap: $129.99 B Vol. 24h: $2.17 B price has climbed 2.7%, shooting to $2.42…

XRP futures OI rises 25% as price chart ‘bull flag’ targets $14

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Key takeaways: XRP price has gained 4% over the last 24 hours to $2.43, and its open interest has risen by 25%. Positive spot market activity flips the futures funding rate positive, suggesting a return of investor optimism. XRP could rally to $14 if a classic bull flag pattern is confirmed. XRP printed a “bull flag” triangle on the weekly chart, a technical pattern associated with strong upward momentum. Breaking above this technical setup and a surge in XRP futures demand could signal a rally to $14. Increasing OI rising…

Bitcoin futures open interest hits $75B ATH as BTC price eyes $108K breakout

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Bitcoin futures open interest has surged to a record $75 billion, signaling heightened leveraged exposure as traders are eyeing a breakout above the key $108K resistance level — where a dense cluster of bearish short positions could trigger a massive short squeeze. Bitcoin (BTC) futures OI has reached a new ATH of over $75 billion, according to Coinglass data. Over the past 24 hours alone, total OI rose by 4.23%, signalling a strong buildup in leveraged positioning. Chicago Mercantile Exchange leads with $17.43 billion in OI, followed by Binance with…

XRP Futures Launch With $1.5M Volume — Will XRP Hit $3?

Key Notes CME saw four standard XRP contracts traded, totaling $480K at around $2.40. An additional 106 micro contracts added over $1 million to the opening day volume. XRP is currently trading at $2.37, up more than 3% in the last 24 hours. XRP futures began trading on the CME Group’s derivatives platform on May 19, marking a major milestone for the cryptocurrency’s mainstream adoption. The first day of trading saw at least $1.5 million in total volume. According to CME data, four standard XRP contracts, each representing 50,000 tokens,…