The world’s second-largest cryptocurrency Ethereum (ETH) continues to gain strong traction in the market. Earlier today, the ETH price skyrocketed past $4650 hitting a new all-time high. As this happens, the demand for Ethereum Futures ETF grows simultaneously. As per the latest Bloomberg Intelligence report, U.S. regulators are more likely to approve an Ethereum Futures
The Open Interest (OI) of CME Ethereum Futures hit $1 billion today for the first time. The soaring OI valuation indicates the growing bullish trend in the market. The massive jump in Ether OI comes within hours of $ETH reclaiming its position above $4,000. The OI jumped more than twice the average of $417 million.
BitMEX launches the Ethereum-dollar quanto perpetual futures. Traders will be able to margin trade ETH/USD with their XBT contracts. In an announcement on Friday Apr. 24, BitMEX unveiled yet another contract, strengthening its claim as the top crypto derivatives exchange. In a post on their official website, BitMEX will offer its customers the Ethereum quanto
The cryptocurrency market is dipping to 2019 levels following the bloodbath across global assets as the Corona Virus epidemic continues to bite in to bulls profits. Ethereum (ETH), the second largest crypto, is on course to hit the critical support levels at $180 USD after dipping over 8% over the past 24 hours. Is this
Huobi Global, one of the few international cryptocurrency exchanges that support Ethereum derivatives, is attracting the most trading volume for its ETH Futures judging from statistics. With $449 million worth of ETH trading volume registered in the last 24 hours, Huobi Global’s volume is more than 3X that of BitMEX and more than 20X of
Ethereum, the second-largest cryptocurrency after Bitcoin, continues to be among the favorites of both investors and developers. It was surpassed by XRP briefly in 2016 and 2018, but other than that, it has steadily held on its second rank on CoinMarketCap’s top cryptocurrencies by market capitalization list. Though 2019 was a sluggish year for the
CFTC Chairman Heath Tarbert confirmed his belief at the DC Fintech Week that Ethereum futures are around the corner. In all probability, sometime between 6 months to a year (post-April 2020). According to an excerpt from the conversation by the fireside with reporters and crypto-enthusiasts, the chairman noted that, currently, CFTC only views Bitcoin and Ethereum
CME (Chicago Mercantile Exchange), has announced changes in its pricing data source for its Ether [ETH] based indices on the Exchange. CME is one of the largest platforms for trading regulated Bitcoin futures in the US. Recently. It also surpassed the all-time high daily trading volume above $1.7 billion. The Exchange has added New York-based
On 6th May, two significant announcements from an institutional platform and regulatory watch-dog acted as ‘key market indicators’ as the prices surged during the day. The total market capitalization of the cryptocurrency markets added more than $8 billion in 24 hours. Reportedly, Fidelity Investments is expected to roll out Bitcoin Trading Services on its platform. Furthermore,
Tom Lee has been friends of cryptocurrencies and is often quoted speaking positivize about any news that hits the crypto street. In one of the rare occasions, Tom Lee doesn’t seem to be pleased with the news of CBOE announcing Ethereum futures as he believes this move could bring down ETH price in spot markets.
Ethereum, the second largest coin of the crypto street, might be battling to keep it price up and solve its congestion and speed issues, but it definitely has news brewing that could be structurally positive for the coin in the long run. Ethereum to welcome Constantinople while Bitmain Launches Ethereum mining pool In October this