Tag: Futures

LBank Exchange Integrates Chainlink Price Feeds for Secure Perpetual Futures Prices – Press release Bitcoin News

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press release PRESS RELEASE. Lbank excited to announce that LBank Exchange—the world-class digital asset trading platform—has integrated Chainlink Price Feeds. By integrating the industry-leading decentralized oracle network, LBank Exchange will have access to high-quality, tamper-proof price feeds needed to help secure perpetual futures trading on the platform. This will provide our users with stronger assurances that LBank futures contracts are using reliable, high-quality market data for asset prices. Chainlink was chosen as the go-to oracle solution because its infrastructure is seamless to integrate and time-tested in production. Chainlink already helps…

Bitcoin inches towards higher weekly close with CME futures gap in focus

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Bitcoin (BTC) was on the cusp of making a new higher weekly close on Feb. 13 as bulls kept the market above $42,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin: Potential CME gap to come Data from Cointelegraph Markets Pro and TradingView tracked fairly stress-free conditions for BTC/USD over the weekend, with the weekly candle set to conclude in under 12 hours. The pair had briefly dipped below the $42,000 mark before recovering, this setting it up to challenge last week’s close of $42,400 on Bitstamp. Should it succeed, the…

Bitcoin Futures Basis Hints At Possible Disbelief Rally

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Bitcoin has recovered back to $42,000 since the dump after recording a bearish trend. Since then, sentiment, as well as momentum, has since turned towards the positive, leading the digital asset back on the path to a bull rally. But this does not tell the whole story. In this report, we take a look at the bitcoin futures basis, where it’s at, and what it currently says about sentiment among institutional investors. Institutional Investors Getting Bullish? Institutional investors may be getting bullish based on what the bitcoin futures basis is…

TMX Group Canada to unveil crypto futures product later this year

In response to institutional investors’ concerns about the risks of trading in a new asset class, TMX Group, Canada’s major stock market operator, has revealed plans to launch its first-ever crypto futures product. While speaking to Reuters, TMX Group’s John McKenzie said that the firm plans to release the product on the Montreal Exchange later this year. According to Mackenzie, “more institutional investors and dealers are […] holding more crypto assets within their portfolios or for their clients or in ETFs,” adding they are working on how to mitigate risk…

Bitcoin dated futures with physical settlement go live on Eqonex

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The Nasdaq-listed digital assets financial services company Eqonex has launched a new type of Bitcoin (BTC) investment product, a BTC dated futures contract with a physical settlement. Announcing the news on Wednesday, Eqonex explained that its BTC dated futures are denominated in the USD Coin (USDC) stablecoin and increase in parallel with the BTC price increase against USDC. In contrast to perpetual futures, which have no maturity limit, dated futures expire at a pre-set date and time frame like each month or each quarter, Eqonex noted. “Any position in a…

Paradigm Offering ‘Futures Spread Orderbooks’ on Deribit and Bybit

CryptoX – Cryptocurrency Analysis and News Portal A futures spread trade is an arbitrage technique where a trader takes two positions on a commodity to capitalize on a discrepancy in price. So a trader buys one futures contract and sells another with a different expiry date. Instead of trading the price of the underlying asset – in this case, bitcoin or another cryptocurrency – based on the investor’s view of the future direction of the market, traders bet on the price difference between the two contracts. Source The post Paradigm…

Paradigm Offering ‘Futures Spread Orderbooks’ on Deribit and Bybit

A futures spread trade is an arbitrage technique where a trader takes two positions on a commodity to capitalize on a discrepancy in price. So a trader buys one futures contract and sells another with a different expiry date. Instead of trading the price of the underlying asset – in this case, bitcoin or another cryptocurrency – based on the investor’s view of the future direction of the market, traders bet on the price difference between the two contracts. Source

Bitcoin dives below $33K to fill futures gap amid record BTC ‘hodling’

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Bitcoin (BTC) set new multi-month lows on Jan. 24 as the new week began with some classic price behavior. BTC/USD 1-minute candle chart (Binance). Source: TradingView “Rangeplay” for BTC after CME gap fill Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $32,967 on Bitstamp prior to the Wall Street open Monday. That level represented the start of a CME futures gap left over from July 2021, Bitcoin “filling” it almost to the dollar before reversing upwards to add over $1,000 in minutes. With volatility clearly in the air,…

Bitcoin Drops to 6-Month Low, Ether Eyes Bearish Cross as US Stock Index Futures Erase Early Gains

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Polymarket’s New Airdrop Futures Market Has Answers

“‘Wen token?’ is one of the most asked questions in crypto,” Polymarket founder Shayne Coplan told CoinDesk. “What’s great about the Airdrop Futures is that it can combat asymmetric information. You can see the probabilities according to an actual free market. It’s a really powerful idea.” Source