Derivatives


Markets

BitMEX Hires Former JPMorgan Executive Director as Head of Custody

BitMEX said the appointment forms part of the firm's "beyond derivatives" strategy.

BitMEX

Markets

Polychain, Pantera Back $14M Funding Round for DeFi Derivatives Platform SynFutures

Bybit, Wintermute, CMS, Kronos and IOSG Ventures also kicked in.

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Markets

Open Positions in Bitcoin Futures Rise to 1-Month High

Open interest rose to $13.1 billion after being in the $10.5 billion to $13 billion range.

Commodities

Markets

Bitcoin 'Options Smile' Shows Market Fearful of Downside Despite Tesla News

Bitcoin option's smile shows persistent fears of deeper drop and low expectations for a quick rally.

Bitcoin's "options smile" looks more like a smirk.

Markets

Binance Extended Crypto Exchange Dominance During May Trading Frenzy

Binance led competitors in May with a monthly trading volume of $2.46 trillion, up 49% from April levels.

Binance CEO Changpeng "CZ" Zhao

Markets

Open Positions in CME-Based Bitcoin Futures Slump to 5 1/2-Month Low

Open interest in the CME's standard bitcoin futures contract has hit the lowest since mid-December.

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Markets

Bitcoin Drops Below $31K Before Rebounding; $8B in Liquidations Triggered

The price of bitcoin is now down more than 30% so far in May, on track for its worst month since November 2018.

The bitcoin price has slipped below the key 200-day simple moving average.

Finance

Polkadot-Based Derivatives Exchange Raises $6.4M at $50M Valuation

Su Zhu’s Three Arrows co-led the funding round for dTrade. The project looks to decentralize crypto derivatives trading.

dTrade co-founders Niko Grzesiak, Rabeel Jawaid and Zabi Mohebzada

Markets

Dfinity's ICP Token Price Goes Live on Coinbase Pro

The launch of the Dfinity project's internet computer (ICP) token on Coinbase Pro instantly makes it one of the largest cryptocurrencies.

CoinGecko chart shows initial trading in ICP token.