{"id":484488,"date":"2025-06-10T15:34:46","date_gmt":"2025-06-10T14:34:46","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=484488"},"modified":"2025-06-10T15:34:46","modified_gmt":"2025-06-10T14:34:46","slug":"80-of-cme-crypto-futures-expire-by-august","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/80-of-cme-crypto-futures-expire-by-august\/","title":{"rendered":"80% of CME crypto futures expire by August"},"content":{"rendered":"

CME\u2019s<\/a> Bitcoin futures and options structure has become increasingly condensed and cautious, with the vast majority of notional exposure now expiring within the next four weeks. <\/span><\/p>\n

At the same time, the annualized basis curve has flattened to its narrowest level since April, offering minimal incentive for arbitrage-driven carry trades and limited insight into longer-term market expectations.<\/span><\/p>\n

On June 6, futures open interest on CME stood at <\/span>$15.51 billion<\/span><\/strong>. Of this total, <\/span>$12.42 billion<\/span><\/strong>, or <\/span>80%<\/span><\/strong>, was allocated to contracts expiring in one to two months. The two-to-three-month bucket held another <\/span>$2.92 billion<\/span><\/strong>, while contracts beyond three months accounted for less than <\/span>$175 million<\/span><\/strong>.<\/span><\/p>\n

\"Bitcoin
Chart showing the open interest for CME Bitcoin futures by expiry from June 2 to June 6, 2025 (Source: CryptoQuant<\/a>)<\/figcaption><\/figure>\n

Such extreme front-loading suggests that institutional participants, including asset managers and hedge funds, are almost entirely focused on near-term exposure. This likely reflects a mix of low-conviction positioning and a focus on basis-capture strategies tightly coupled to spot ETF arbitrage. <\/span><\/p>\n

It also exposes the market to a heightened risk of volatility if spot prices move sharply before the July expiry, which now holds most of the leverage.<\/span><\/p>\n

The futures basis confirms the lack of directional aggression. The <\/span>annualized premium on the 1-to-2-month contract is just 0.43 %<\/span><\/strong>, while the 2-to-3-month yield is <\/span>0.97 %<\/span><\/strong>. <\/span><\/p>\n

The curve tops out at <\/span>2.71 %<\/span><\/strong> for expiries beyond six months, with just <\/span>2.3 percentage points<\/span><\/strong> separating the short and long ends. <\/span><\/p>\n

This is the flattest term structure since early Q2 and falls well below historical norms, which often saw 4\u20136 points of spread in trending environments.<\/span><\/p>\n

\"Bitcoin
Graph showing the annualized basis for CME Bitcoin futures from June 2 to June 6, 2025 (Source: CryptoQuant<\/a>)<\/figcaption><\/figure>\n

The compressed basis tells us two things. First, the spot bid, driven in part by steady ETF inflows, has pulled futures pricing closer to cash. <\/span><\/p>\n

Second, leveraged long interest appears muted, with market participants either avoiding directional risk or expressing it through less capital-intensive options structures.<\/span><\/p>\n

CME\u2019s options data corroborates this view. Total options open interest reached <\/span>$89.87 million<\/span><\/strong>, with <\/span>$69.38 million<\/span><\/strong> in calls and only <\/span>$20.47 million<\/span><\/strong> in puts. The notional call-to-put ratio of <\/span>3.4<\/span><\/strong> highlights a prevailing bias toward upside protection or speculative bets, though the relatively small overall size suggests the directional appetite is cautious. <\/span><\/p>\n

Options are often used for low-convexity hedging rather than large directional risk, and current figures point to just that.<\/span><\/p>\n

\"Bitcoin
Chart showing open interest for CME Bitcoin options by position from June 2 to June 6, 2025 (Source: CryptoQuant<\/a>)<\/figcaption><\/figure>\n

In terms of expiration, <\/span>$48.19 million<\/span><\/strong>, or more than half the options book, matures in one to two months. The remaining volume is scattered across longer durations, including <\/span>$14.91 million<\/span><\/strong> in the four-to-five-month bucket and <\/span>$16.43 million<\/span><\/strong> in options beyond six months, likely reflecting some positioning for early 2026.<\/span><\/p>\n

\"Bitcoin
Chart showing the open interest for CME Bitcoin options by expiry from June 2 to June 6, 2025 (Source: CryptoQuant<\/a>)<\/figcaption><\/figure>\n

The spot market provides an important context for understanding the current setup. On June 6, Bitcoin<\/a> opened near <\/span>$101,551<\/span><\/strong> and closed at <\/span>$104,407. <\/span><\/strong>The day marked the end of a multi-day run of elevated volume following the first week of the month, during which time a large number of June futures positions rolled forward. <\/span><\/p>\n

With over 80% of the futures book now concentrated in July, any material move in spot over the next four weeks will echo through tightly packed institutional positions.<\/span><\/p>\n

This crowded structure raises the possibility of a short-dated volatility event, particularly if Bitcoin tests the $110,000-$115,000 zone. Hedging flows from options desks, delta adjustments from large structured positions, or ETF-driven dislocations could easily amplify short-term price moves. <\/span><\/p>\n

Given the thin open interest further down the curve, the market\u2019s ability to absorb that volatility via roll extensions or risk redistribution seems limited.<\/span><\/p>\n

At the same time, the flat basis reflects a broader trend seen throughout 2025: the growing compression of yield between futures and spot. This suggests that traditional cash-and-carry trades, once a core pillar of institutional crypto strategy, now offer diminishing returns. <\/span><\/p>\n

CME\u2019s Bitcoin derivatives board has entered a phase of concentrated short-dated positioning, extremely tight basis spreads, and directional indecision. Futures exposure is overwhelmingly short-term, while options positioning leans bullish but remains modest in scale. <\/span><\/p>\n

These patterns reinforce the notion of a market waiting for stronger cues to break its current holding pattern.<\/span><\/p>\n

Should volatility return in June or early July, the present setup could make CME\u2019s board a key channel for reflexive price action. <\/span><\/p>\n

Until then, carry desks, ETF arbitrageurs, and cautious macro traders appear content to stay close to spot, harvest minimal yield, and wait for clarity.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

CME\u2019s Bitcoin futures and options structure has become increasingly condensed and cautious, with the vast majority of notional exposure now expiring within the next four weeks. At the same time, the annualized basis curve has flattened to its narrowest level since April, offering minimal incentive for arbitrage-driven carry trades and limited insight into longer-term market […]<\/p>\n","protected":false},"author":759,"featured_media":484497,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[60840,77921],"tags":[79999,80289,80288],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"\n80% of CME crypto futures expire by August<\/title>\n<meta name=\"description\" content=\"Over 80 % of CME Bitcoin futures expire in July, exposing markets to potential short-dated volatility shocks.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/80-of-cme-crypto-futures-expire-by-august\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"80% of CME crypto futures expire by August\" \/>\n<meta property=\"og:description\" content=\"Over 80 % of CME Bitcoin futures expire in July, exposing markets to potential short-dated volatility shocks.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/80-of-cme-crypto-futures-expire-by-august\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-10T14:34:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/06\/cme-bitcoin.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Andjela Radmilac\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@andjelaradmilac\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Andjela Radmilac\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/80-of-cme-crypto-futures-expire-by-august\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/80-of-cme-crypto-futures-expire-by-august\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/andjela-radmilac\/#person\",\"name\":\"Andjela Radmilac\",\"url\":\"https:\/\/cryptoslate.com\/author\/andjela-radmilac\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/andjela-radmilac\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/andjela-radmilac\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-andjela-radmilac-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-andjela-radmilac-300x300.jpg\",\"caption\":\"Andjela Radmilac\"},\"jobTitle\":\"Senior Analyst\",\"description\":\"Andjela brings a classical education and politics background to crypto, where she has covered industry news since 2018.\",\"worksFor\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"sameAs\":[\"https:\/\/x.com\/andjelaradmilac\",\"https:\/\/www.linkedin.com\/in\/andjelaradmilac\",\"https:\/\/muckrack.com\/andjela-radmilac\"]},\"headline\":\"80% of CME crypto futures expire by August\",\"datePublished\":\"2025-06-10T14:34:46+00:00\",\"dateModified\":\"2025-06-10T14:34:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/80-of-cme-crypto-futures-expire-by-august\/\"},\"wordCount\":774,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"keywords\":[\"CME futures\",\"CME futures basis\",\"CME options\"],\"articleSection\":[\"Derivatives\",\"Research\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/cryptoslate.com\/80-of-cme-crypto-futures-expire-by-august\/#respond\"]}],\"copyrightYear\":\"2025\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptoslate.com\/80-of-cme-crypto-futures-expire-by-august\/\",\"url\":\"https:\/\/cryptoslate.com\/80-of-cme-crypto-futures-expire-by-august\/\",\"name\":\"80% of CME crypto futures expire by August\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/#website\"},\"datePublished\":\"2025-06-10T14:34:46+00:00\",\"dateModified\":\"2025-06-10T14:34:46+00:00\",\"description\":\"Over 80 % of CME Bitcoin futures expire in July, exposing markets to potential short-dated volatility shocks.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoslate.com\/80-of-cme-crypto-futures-expire-by-august\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoslate.com\/80-of-cme-crypto-futures-expire-by-august\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoslate.com\/80-of-cme-crypto-futures-expire-by-august\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptoslate.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"80% of CME crypto futures expire by August\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoslate.com\/#website\",\"url\":\"https:\/\/cryptoslate.com\/\",\"name\":\"CryptoSlate\",\"description\":\"Cryptocurrency News and Real-time Coin Data\",\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"NewsMediaOrganization\",\"@id\":\"https:\/\/cryptoslate.com\/#organization\",\"name\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"CryptoSlate\"},\"image\":{\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/cryptoslate\",\"https:\/\/www.instagram.com\/cryptoslate\",\"https:\/\/www.linkedin.com\/company\/cryptoslate\",\"https:\/\/www.youtube.com\/c\/cryptoslate\",\"https:\/\/cryptoslate.substack.com\",\"https:\/\/t.me\/cryptoslatenews\",\"https:\/\/www.crunchbase.com\/organization\/cryptoslate\",\"https:\/\/iq.wiki\/wiki\/cryptoslate\",\"https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ\",\"https:\/\/muckrack.com\/media-outlet\/cryptoslate\",\"https:\/\/www.tiktok.com\/@cryptoslatenews\"],\"publishingPrinciples\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"ownershipFundingInfo\":\"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/\",\"correctionsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"ethicsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"foundingDate\":\"2017-08-04\",\"founder\":[{\"@type\":\"Person\",\"name\":\"Nate Whitehill\"},{\"@type\":\"Person\",\"name\":\"Matthew Blancarte\"}],\"contactPoint\":[{\"@type\":\"ContactPoint\",\"contactType\":\"customer support\",\"url\":\"https:\/\/cryptoslate.com\/contact\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"sales\",\"url\":\"https:\/\/cryptoslate.com\/advertising\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"newsroom\",\"url\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"email\":\"tips@cryptoslate.com\",\"availableLanguage\":\"en-US\"}],\"masthead\":\"https:\/\/cryptoslate.com\/about\/#masthead\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/699a3980d313687a5551af6b58862d08\",\"name\":\"Andjela Radmilac\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-andjela-radmilac-150x150.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-andjela-radmilac-150x150.jpg\",\"caption\":\"Andjela Radmilac\"},\"description\":\"Armed with a classical education and an eye for news, Andjela dove head deep into the crypto industry in 2018 after spending years covering politics.\",\"sameAs\":[\"https:\/\/twitter.com\/andjelaradmilac\"],\"jobTitle\":\"Senior Analyst\",\"worksFor\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/author\/andjela-radmilac\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"80% of CME crypto futures expire by August","description":"Over 80 % of CME Bitcoin futures expire in July, exposing markets to potential short-dated volatility shocks.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptoslate.com\/80-of-cme-crypto-futures-expire-by-august\/","og_locale":"en_US","og_type":"article","og_title":"80% of CME crypto futures expire by August","og_description":"Over 80 % of CME Bitcoin futures expire in July, exposing markets to potential short-dated volatility shocks.","og_url":"https:\/\/cryptoslate.com\/80-of-cme-crypto-futures-expire-by-august\/","og_site_name":"CryptoSlate","article_published_time":"2025-06-10T14:34:46+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/06\/cme-bitcoin.jpg","type":"image\/jpeg"}],"author":"Andjela Radmilac","twitter_card":"summary_large_image","twitter_creator":"@andjelaradmilac","twitter_site":"@cryptoslate","twitter_misc":{"Written by":"Andjela Radmilac","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/cryptoslate.com\/80-of-cme-crypto-futures-expire-by-august\/#article","isPartOf":{"@id":"https:\/\/cryptoslate.com\/80-of-cme-crypto-futures-expire-by-august\/"},"author":{"@type":"Person","@id":"https:\/\/cryptoslate.com\/author\/andjela-radmilac\/#person","name":"Andjela Radmilac","url":"https:\/\/cryptoslate.com\/author\/andjela-radmilac\/","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/author\/andjela-radmilac\/"},"image":{"@type":"ImageObject","@id":"https:\/\/cryptoslate.com\/author\/andjela-radmilac\/#authorimage","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-andjela-radmilac-300x300.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-andjela-radmilac-300x300.jpg","caption":"Andjela Radmilac"},"jobTitle":"Senior Analyst","description":"Andjela brings a classical education and politics background to crypto, where she has covered industry news since 2018.","worksFor":{"@id":"https:\/\/cryptoslate.com\/#organization"},"sameAs":["https:\/\/x.com\/andjelaradmilac","https:\/\/www.linkedin.com\/in\/andjelaradmilac","https:\/\/muckrack.com\/andjela-radmilac"]},"headline":"80% of CME crypto futures expire by August","datePublished":"2025-06-10T14:34:46+00:00","dateModified":"2025-06-10T14:34:46+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/80-of-cme-crypto-futures-expire-by-august\/"},"wordCount":774,"commentCount":0,"publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"keywords":["CME futures","CME futures basis","CME options"],"articleSection":["Derivatives","Research"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cryptoslate.com\/80-of-cme-crypto-futures-expire-by-august\/#respond"]}],"copyrightYear":"2025","copyrightHolder":{"@id":"https:\/\/cryptoslate.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptoslate.com\/80-of-cme-crypto-futures-expire-by-august\/","url":"https:\/\/cryptoslate.com\/80-of-cme-crypto-futures-expire-by-august\/","name":"80% of CME crypto futures expire by August","isPartOf":{"@id":"https:\/\/cryptoslate.com\/#website"},"datePublished":"2025-06-10T14:34:46+00:00","dateModified":"2025-06-10T14:34:46+00:00","description":"Over 80 % of CME Bitcoin futures expire in July, exposing markets to potential short-dated volatility shocks.","breadcrumb":{"@id":"https:\/\/cryptoslate.com\/80-of-cme-crypto-futures-expire-by-august\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptoslate.com\/80-of-cme-crypto-futures-expire-by-august\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cryptoslate.com\/80-of-cme-crypto-futures-expire-by-august\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptoslate.com\/"},{"@type":"ListItem","position":2,"name":"80% of CME crypto futures expire by August"}]},{"@type":"WebSite","@id":"https:\/\/cryptoslate.com\/#website","url":"https:\/\/cryptoslate.com\/","name":"CryptoSlate","description":"Cryptocurrency News and Real-time Coin Data","publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"inLanguage":"en-US"},{"@type":"NewsMediaOrganization","@id":"https:\/\/cryptoslate.com\/#organization","name":"CryptoSlate","url":"https:\/\/cryptoslate.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","width":1000,"height":1000,"caption":"CryptoSlate"},"image":{"@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/cryptoslate","https:\/\/www.instagram.com\/cryptoslate","https:\/\/www.linkedin.com\/company\/cryptoslate","https:\/\/www.youtube.com\/c\/cryptoslate","https:\/\/cryptoslate.substack.com","https:\/\/t.me\/cryptoslatenews","https:\/\/www.crunchbase.com\/organization\/cryptoslate","https:\/\/iq.wiki\/wiki\/cryptoslate","https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ","https:\/\/muckrack.com\/media-outlet\/cryptoslate","https:\/\/www.tiktok.com\/@cryptoslatenews"],"publishingPrinciples":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","ownershipFundingInfo":"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/","correctionsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","ethicsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","foundingDate":"2017-08-04","founder":[{"@type":"Person","name":"Nate Whitehill"},{"@type":"Person","name":"Matthew Blancarte"}],"contactPoint":[{"@type":"ContactPoint","contactType":"customer support","url":"https:\/\/cryptoslate.com\/contact\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"sales","url":"https:\/\/cryptoslate.com\/advertising\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"newsroom","url":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","email":"tips@cryptoslate.com","availableLanguage":"en-US"}],"masthead":"https:\/\/cryptoslate.com\/about\/#masthead"},{"@type":"Person","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/699a3980d313687a5551af6b58862d08","name":"Andjela Radmilac","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-andjela-radmilac-150x150.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-andjela-radmilac-150x150.jpg","caption":"Andjela Radmilac"},"description":"Armed with a classical education and an eye for news, Andjela dove head deep into the crypto industry in 2018 after spending years covering politics.","sameAs":["https:\/\/twitter.com\/andjelaradmilac"],"jobTitle":"Senior Analyst","worksFor":"CryptoSlate","url":"https:\/\/cryptoslate.com\/author\/andjela-radmilac\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/484488"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/759"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=484488"}],"version-history":[{"count":4,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/484488\/revisions"}],"predecessor-version":[{"id":484519,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/484488\/revisions\/484519"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/484497"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=484488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=484488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=484488"},{"taxonomy":"prediction_market_topic","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/prediction_market_topic?post=484488"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=484488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}