Derivatives

Interest Surges in Bitcoin Speculation, But It Might Be Bearish
Open interest in bitcoin perpetual swaps – a type of leveraged trading contract in cryptocurrency markets – has spiked to an all-time high.

Lido’s Staked Ether Surges Closest to Ether Since Terra Crash
The stETH derivative and its spread to ETH, a closely followed metric of the confidence in the Merge, sharply narrowed as Ethereum completed its technology transition without a hiccup.

Ether Futures Market Discount Evaporates After the Merge
The negative spread between futures and spot prices has narrowed from $20 to almost zero following the Merge.

Merge-Focused Hedging Makes Ether Shorts Most Expensive in 16 Months
Some traders appear to hedge their ETH bullish exposure in case the Merge has any technical issues, driving the cost of holding bearish bets higher.

Crypto Exchange Huobi Secures License to Operate in the British Virgin Islands
It's unclear when the trading platform will be established under Huobi's regulated local subsidiary Brtuomi Worldwide Limited.

Bitcoin: las apuestas son bajistas mientras los futuros alcanzan un nivel récord
La cantidad de contratos activos de futuros y perpetuos de bitcoin alcanza un nuevo récord y los traders ya están pagando por nuevas caídas de precios en un mercado que ya es bajista.

Bitcoin Bets Look Bearish as Futures Trading Hits Record Level
The number of outstanding futures and perpetual contracts on bitcoin rises to a record, and traders are paying up to bet on further price declines – in a market that's already bearish.

Crypto Lender Nexo Introduces Spot and Margin Trading Platform
Nexo Pro will aggregate liquidity across market makers in an attempt to offer minimal slippage to its users.

FTX.US Derivatives Deepens Board With Addition of Ex-CFTC Commissioner
The hire comes as FTX has previously pitched the CFTC to directly clear customers' crypto swaps.

Potential Ethereum Hard Fork Token ETHPOW May Trade at 1.5% of Ether's Price, Futures Suggest
Paradigm expects the token will open at least $18.

