Tag: Futures

Best Crypto to Buy as Derivatives Exchange CME Set to Launch XRP Futures

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. CME Group, a leading derivatives provider, has announced the launch of cash-settled XRP futures. This cryptocurrency-tied derivative product will be launched on May 19 after necessary regulatory approvals. It’s also worth noting that CME successfully launched…

Chicago Mercantile Exchange (CME) Group to launch XRP futures

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The Chicago Mercantile Exchange (CME) Group, which operates the largest financial derivatives exchanges worldwide, recently announced that XRP (XRP) futures contracts will go live on May 19. According to the April 24 announcement, investors have the option of choosing between micro-sized contracts, featuring 2,500 XRP, or standard contract sizes of 50,000 XRP. All XRP futures contracts will be cash-settled. In January 2025, the CME Group signaled an impending launch of XRP futures before quietly pulling the related page from its website. CME’s announcement is the latest in a growing wave…

CME Group to Launch XRP Futures in May

Key Notes Derivatives marketplace CME Group will launch XRP futures on May 19, pending regulatory approval. Contracts are available in two sizes, cash-settled with a daily reference rate. Other firms like ProShares filed for three XRP futures ETFs with the U.S.SEC. Global leading derivatives marketplace CME Group has confirmed adding XRP futures to its list of cryptocurrency derivatives products. The launch is planned for May 19, pending the green light from regulators. This recent development is part of the firm’s continued effort to meet growing demand from investors looking for…

XRP futures open interest surges by 32% — Are traders bullish or bearish?

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Key Takeaways:  XRP has gained 25% since April 7, and its open interest has risen by 32%. Positive spot market activity contrasts with a neutral futures funding rate, highlighting a tug-of-war between traders. Analysts still have double-digit price targets for XRP. XRP’s (XRP) price fell to a year-to-date low of $1.61 on April 7, but has gained 25% over the past two weeks as the broader crypto market recovered and XRP open interest surged. XRP futures open interest. Source: CoinGlass The altcoin’s open interest surged 32% from $3.14 billion to…

Bitcoin futures saw the largest liquidity increase in the past year with $5.34b in positions

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CryptoQuant analyst Axel Adler Jr noted that the Bitcoin futures market saw a total of 57,000 BTC positions in the past three days, around the same time BTC surpassed the $93k threshold. In a recent post, CryptoQuant analyst Axel Adler Jr. said that traders have opened BTC (BTC) positions amounting to 57,000 BTC in the past three days. At current market prices, the accumulated amount of BTC positions is worth $5.34 billion. “This is the largest liquidity increase in the past year,” said Adler. According to data from CoinGlass, in…

Bitcoin analysts target $95K as Trump’s trade war cools — Do BTC futures agree?

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Bitcoin (BTC) surged to a 45-day high above $91,000 on April 22, and the upward movement coincided with gold reaching a new all-time high. The price gains reflect investors’ concerns over a potential economic recession amid ongoing global trade tensions. The tides are shifting, but does data support a Bitcoin price rally above $95,000? Bitcoin 2-month futures annualized premium. Source: Laevitas.ch In neutral markets, the Bitcoin futures premium typically ranges between 5% and 10% to compensate for the longer settlement period. At present, the annualized premium stands at 6%, which…

Singapore Exchange to Introduce Bitcoin Perpetual Futures Derivative Product

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The Singapore Exchange plans to launch bitcoin perpetual futures later this year to stay competitive. The launch is expected to benefit SGX by attracting new investors and utilizing its derivatives expertise. SGX Seeks to Tap Rising Institutional Demand The Singapore Exchange (SGX) reportedly plans to launch bitcoin ( BTC) perpetual futures later this year. Launching […] Original

Coinbase Derivatives lists XRP futures

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Coinbase has listed futures contracts for the XRP token on its US derivatives exchange, the cryptocurrency platform said on April 21. The contracts are overseen by the US Commodity Futures Trading Commission (CFTC) and offer traders “a regulated, capital-efficient way to gain exposure to one of the most liquid digital assets,” the company said in a post on the X platform. Coinbase’s XRP (XRP) futures include standard contracts representing 10,000 XRP and retail-oriented “nano” contracts representing 500 XRP each, or approximately $1,000 as of April 21, according to regulatory filings.  …

XRP price eyes 70% rally ahead of CFTC-regulated futures launch on Coinbase

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XRP (XRP) has dropped nearly 40% since hitting its multi-year high of $3.40 three months ago. Still, its ability to hold above key technical support levels, combined with a potentially market-shifting derivatives listing, has prompted some analysts to maintain a bullish outlook for the months ahead. XRP/USD daily price chart. Source: TradingView Coinbase XRP futures may launch on April 21 From a fundamental perspective, XRP may receive a boost from the anticipated launch of XRP futures contracts on the Coinbase Derivatives platform, scheduled for April 21 under the US Commodity…

Bitget detects irregularity in VOXEL-USDT futures, rolls back accounts

Cryptocurrency exchange Bitget discovered “abnormal trading activity” on the VOXEL/USDT perpetual futures contract on April 20, between 8:00 to 8:30 UST, and paused accounts that the exchange suspected of market manipulation. According to an April 20 announcement from the exchange, Bitget will roll back the accounts suspected of market manipulation within 24 hours, clawing back gains made from the trades. Bitget CEO Gracy Chen told Cryptox the trades were between individual market participants and not the platform itself. Chen also said that the losses are not platform-wide and that user…