derivatives

Bitcoin Futures: $13K Bitcoin wakes institutions as CME OI rises

The open interest in Bitcoin futures on CME has surged to almost 800 million. Institutions are awake as the price of Bitcoin is posting bull signs. Institutional Bitcoin investors seem to be observing the “watch and play” approach on the cryptocurrency. Institutions probably demonstrate a strong interest in Bitcoin, with uptrends in the price. This […] …

BitMEX exchange shortens its ID verification timeline to November

BitMEX exchange has made changes to fasten its mandatory customer verification. After December 4, unverified users won’t be able to withdraw from the platform. Leading digital currency exchange and derivatives platform, BitMEX, is looking to speed up its recent move to verify all cryptocurrency traders on the platform. The exchange has reportedly accelerated its identity […] …

EMX Exchange Halts Trading of USOIL-Perp After Crude Oil Crash

In brief: Everyone was shocked when US Oil prices hit zero and global futures contracts fell hard into negative territory.  Such an event had not been anticipated by the team at the EMX exchange.  The team halted trading of its USOIL-Perp contract.  Trading of the perpetual contract is yet to be reopened as the team decides on a way forward. Yesterday’s price movement of US Crude Oil shocked everyone. The majority of traders were confident that the price of the […] …