Goldman Sachs Expands Bitcoin Futures Trading With Galaxy Digital, Promises Ethereum Futures Next

Goldman Sachs is delving deeper into the crypto space, expanding its Bitcoin futures trading opinions and teasing the launch of Ethereum futures next.

Goldman Sachs Leverages Crypto Management Firm Galaxy Digital to Swap Bitcoin Futures

Galaxy Digital’s co-president Damien Vanderwilt announced today that his firm has partnered with Goldman Sachs to help provide bitcoin futures products.

Goldman Sachs Partners With Galaxy Digital For Bitcoin Futures

Goldman Sachs furthering investment into bitcoin, and even crypto more broadly, shouldn’t surprise anyone too much by now.

Goldman Sachs joins hands with Galaxy Digital to trade Bitcoin Futures

One of the largest bulge bracket banks in the world, Goldman Sachs, is in the news today after it recently joined forces to provide a helping hand to the world's largest cryptocurrency. InstitutionThe post Goldman Sachs joins hands with Galaxy Digital to trade Bitcoin Futures appeared first on AMBCrypto.

Goldman Sachs Taps Galaxy Digital as Bitcoin Futures Liquidity Provider

Galaxy Digital has been identified as one of the liquidity providers for Goldman Sachs’ relaunched Bitcoin trading desk. 

Goldman Sachs to offer Bitcoin futures trading in partnership with Galaxy Digital

Mike Novogratz’s Galaxy Digital will serve as the counterparty entity for Goldman Sachs’s Bitcoin futures trading product. Goldman Sachs has debuted a Bitcoin (BTC) futures trading product for its client in collaboration with crypto investment giant Galaxy Digital.According to CNBC, the move marks the first time the Wall Street bank has partnered with a digital asset-based liquidity provider.

Traders search for bearish signals after Bitcoin futures enter backwardation

Analysts search for bearish signals after the June BTC futures trade below spot exchange pricing.

Bitcoin Needs Momentum to Hit $43,000 For Recapturing the 200-Day Moving Average

Market analyst Lark Davis suggests that BTC needs momentum to push forward until the $43,000 level to regain the 200-day moving average.

Top US Regulators Issue Big Bitcoin Warning, Say Investors Must Carefully Consider These Four Risk Factors

US regulators are warning investors about the potential risks associated with gaining exposure to the Bitcoin futures market.

Bull trap fears engulf Bitcoin market as BTC paints CME gap below $40K

Spot Bitcoin prices rallied toward $40,000 over the weekend but hinted at bullish exhaustion as CME Bitcoin futures opened Monday with a $1,500-plus gap. A run-up toward $40,000 in the Bitcoin (BTC) market risked exhaustion as Chicago Mercantile Exchange’s futures opened on Monday with a gap of $1,575, the first since May 17.In retrospect, the downside risks heightened due to Bitcoin’s recent bearish pullbacks near the $40,000 level.

SEC and CFTC Caution Investors About Funds Trading in Bitcoin Futures

The US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have warned investors of the risks of investing in funds with exposure to bitcoin futures.

SEC and CFTC Urge US Investors To Consider Bitcoin Futures Risks

The two regulatory bodies in the United States have warned those interested in Bitcoin futures to “weigh carefully the potential risks.”

SEC warns investors of the risks with Bitcoin futures

The SEC has warned that “investors should understand that Bitcoin, including gaining exposure through the Bitcoin futures market, is a highly speculative investment.” The US Securities and Exchange Commision (SEC) has warned investors about the risks of Bitcoin futures trading — citing market volatility, a lack of regulation and fraud to name a few issues.

Why The SEC Issued A Warning To Bitcoin Futures Investors

The US Securities and Exchange Commission (SEC) has issued yet another cautionary bulletin for Bitcoin investors.

JPMorgan points to weak Bitcoin futures as signal for bear market

Bitcoin futures curve was in backwardation for most of 2018, a year when BTC lost 74% of its value, JPMorgan noted. JPMorgan’s cryptocurrency market analysts have pointed to the difference between Bitcoin’s (BTC) spot prices and BTC futures prices as a potential bearish sign for the market.In a Thursday note to clients, JPMorgan analysts led by global market strategist Nikolaos Panigirtzoglou wrote that the Bitcoin market has returned to backwardation — a situation when the spot price is above futures prices.

Teucrium Trading Submits Bitcoin Futures ETF Application to SEC

ETF provider Teucrium Trading submitted an application Thursday for an exchange-traded fund (ETF) for tracking the futures of Bitcoin (BTC) to the US Securities and Exchange Commission (SEC).

Are Bitcoin Futures A Top "Risk-Free" Trade?

Luis Martim Aureliano is an independent financial crypto analyst, consultant. ____ With cryptocurrencies surpassing the USD 2trn market capitalization milestone, the upward price momentum has drawn a fair share of cheerleaders and detractors into the conversation surrounding Bitcoin (BTC)’s future.

SEC Issues Stark Warning on Volatility, Potential for Manipulation in Bitcoin Futures Market

The US Securities and Exchange Commission (SEC) is warning investors about the risks of investing in the top cryptocurrency.

SEC Warns of Risks of Investing in Bitcoin Futures for Mutual Funds

The SEC issued an official statement to warn investors of the risks of Bitcoin futures investment in mutual funds.

SEC warns of Bitcoin futures risks in mutual funds

The US SEC will monitor the compliance of mutual funds with exposure to Bitcoin futures and look into whether the market can accommodate an ETF. The United States Securities and Exchange Commission, or SEC, has issued an investor warning pointing out risks of mutual funds that have exposure to Bitcoin (BTC) futures.In an official statement on Tuesday, the SEC strongly encouraged investors to thoroughly consider risks disclosure of a mutual fund on the Bitcoin futures market, stressing that Bitcoin is a “highly speculative investment.” The authority emphasized that investors should take into account the volatility of both Bitcoin and the Bitcoin futures market, as well as the lack of regulation and potential fraud or manipulation in the underlying Bitcoin market.“As with any fund investment, investors should focus on the level of risk they are taking on, and the level of risk they are comfortable taking on, prior to making an investment,” the SEC wrote.The regulator noted that the Bitcoin futures market has significantly expanded after the first Bitcoin futures started trading in December 2017, with increased trading volumes and open-interest positions.

SEC to Scrutinize Funds Invested in Bitcoin Futures

The US securities watchdog has announced it will scrutinize mutual funds that include investments in bitcoin futures markets to verify funds that comply with the Investment Company Act.

SEC Pours Cold Water on Bitcoin Futures Market

In a statement, the SEC’s Division of Investment Management called for investors to exercise caution in the Bitcoin futures market.

100,000 Micro Bitcoin Futures Trade on CME Exchange in First Six Days

More than 100,000 micro bitcoin futures traded on CME in the first six days since launch, the exchange has revealed.

Goldman Sachs to Offer Bitcoin Derivatives to Wall Street: Report

The global investment bank will begin offering Bitcoin futures, in the form of non-deliverable forwards, to large investors.

CME Group introduces micro Bitcoin futures

The new contract is worth one-tenth the size of a single Bitcoin.

Peak fear? Bitcoin funding rates crash to lowest levels in 7 months

The funding rate of Bitcoin dropped to a level unseen since September 2020, signaling fear in the market. The funding rate of Bitcoin (BTC) has dropped to levels not seen since September 2020 as the price of Bitcoin plummeted below $52,000 on April 18. Quant trader and analyst Lex Moskovski says it shows fear has returned to the market. According to the data from Glassnode, the average Bitcoin futures funding rate across all exchange dropped to as low as around -0.03% on Sunday What is funding rate and why does it dropping matter? Bitcoin futures exchanges use a mechanism called "funding" to achieve balance in the market. The way the mechanism works is simple: if there are more longs or buyers in the market, the funding rate rises, and vice versa. As such, when the funding rate turns negative, it means the majority of the market is short-selling Bitcoin, indicating fear in the market. Moskovski said: "Wow, it's been a long time since we've seen funding this negative.

New 'inverse' Bitcoin ETF now lets investors short BTC price

The Horizons Inverse Bitcoin ETF (BITI) aims to allow investors to take advantage of Bitcoin price volatility, says executive. Bitcoin (BTC) investors in Canada have two more outlets for BTC exposure this week — and can now even bet on a price crash. In a press release on April 14, Horizons ETFs Management confirmed that its two new exchange-traded funds (ETFs) would start trading on the Toronto stock exchange Thursday. Horizons: Bitcoin has "polarizing views" Already a pioneer in the regulated institutional investment space for Bitcoin, Canada has now given the go-ahead for the first such fund dedicated to Bitcoin price losses, not gains. Dubbed the BetaPro Inverse Bitcoin ETF (BITI), the fund allows investors to short Bitcoin futures.

Bitcoin futures open interest soars to new heights ahead of Coinbase listing

Open interest in Bitcoin futures is soaring but volumes are falling. Open interest in Bitcoin futures has surged to new record highs ahead of Coinbase’s April 14 direct listing on the Nasdaq. Crypto market data aggregator Glassode states that Bitcoin open interest has exceeded $27 billion for the first time as Bitcoin pushed into new record highs above $63,000.

JPMorgan: A Bitcoin ETF Could Dampen Yields on Bitcoin Futures

The investment bank J.P. Morgan found Bitcoin futures yields to be higher than all major currencies but noted that a Bitcoin ETF in the US would change its course.

BTC Futures Open Interest Hits $23B, Binance Captures Lion’s Share, Signals Say 43% Chance of $64K Bitcoin by Month’s End

Bitcoin futures open interest on Monday has crossed $23 billion according to data recorded on April 5.

Bakkt Has Launched its Bitcoin App and Announced Starbucks Partnership

The long-awaited Bakkt App has been released, as the Bitcoin futures platform also outlined partnerships and integrations with Starbucks and GolfNow.

SEC Filing Shows Blackrock Held Bitcoin Futures Contracts Worth $6.15 Million

After signaling its intention to get exposed to bitcoin, Blackrock, the world’s largest asset manager, has now revealed its initial investments toward the crypto asset.

CME Launching New Micro Bitcoin Futures Contract – Here’s When it Starts Trading

CME Group is preparing to launch a new “Micro Bitcoin” futures contract.

BlackRock SEC filings show $360K gained from Bitcoin futures

The filing from the regulatory body comes after BlackRock chief investment officer Rick Rieder said the firm had “started to dabble” in crypto. A filing from the US Securities and Exchange Commission shows BlackRock Financial Management’s Bitcoin futures contracts have appreciated significantly this year. According to BlackRock’s monthly portfolio investments report released by the SEC today, the firm held 37 Bitcoin futures contracts issued through the Chicago Mercantile Exchange which expired on March 26.

BlackRock is trading Bitcoin futures, how much BTC is held by institutions?

Per a Coindesk report and a regulatory filing with the Securities and Exchange Commission (SEC), investment firm BlackRock has begun trading in Bitcoin futures.  BlackRock has reportedly allocated a small part of its portfolio in BTC on the Chicago Mercantile Exchange financial derivatives platform.

BlackRock, World's Biggest Asset Manager, Has Been Stealthily Trading Bitcoin

BlackRock had previously hinted that it might trade Bitcoin futures.

One-Tenth of a Bitcoin: Derivatives Giant CME Group to Launch Micro BTC Futures Contract

The American global markets company Chicago Mercantile Exchange (CME Group) has announced the launch of a new bitcoin futures product on May 3, 2021, if US regulators approve the product.

Bitcoin futures premium hits 30% but analyst says 'This time it’s different’

Futures traders are using excessive leverage and historical data shows Bitcoin price crashes tend to occur after the futures premium reaches 30%. March 30 could become a historical day that will be remembered by Bitcoin (BTC) fans for a long time.

Mini Bitcoin Futures, UK Crypto Tax Guide, Michael Jordan & NFTs + More News

Source: Adobe/Игорь Головнёв Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news Major derivatives marketplace CME Group said it will expand its suite of crypto derivatives with the introduction of a new Micro Bitcoin futures contract on May 3, pending regulatory

CME Launches 0.1 BTC Cash-Settled Futures Contracts on May 3rd

The Chicago Mercantile Exchange (CME) will release cash-settled Micro Bitcoin futures contracts worth1/10th of a BTC on May 3rd, 2021.

CME Group set to launch Micro Bitcoin futures

The new futures contract will launch on May 3, 2021, pending regulatory approval.

CME Expands Bitcoin Offering to Include Micro Futures

The CME has introduced Micro Bitcoin Futures to enable more traders to get active in the Bitcoin market.

'Haven't given up on Bitcoin Futures,' says CBOE CEO

According to CBOE Global Market's CEO Ed Tilly, the exchange is still hopeful of a comeback into the cryptocurrency space.

CBOE keen to meet high demand for crypto from retail, institutions, says CEO

Ed Tilly, the CEO of Cboe Global Markets, says that the Chicago-based exchange holding company hasn't “given up on” crypto, despite earlier setbacks. Chicago-based exchange holding company Cboe markets — an early pioneer of regulated Bitcoin futures trading in the United States — plans to build out more futures products within the crypto sector in future.  In a new interview with BNN Bloomberg on March 25, CEO Ed Tilly said that the company's not always straightforward journey until now by no means dampened its commitment.  Having been the first North American exchange to list Bitcoin (BTC) futures back in Dec.

Record Breaking $1 Billion Bitcoin Futures Liquidation Sinks Markets

After the hubris of the weekend, the markets continue correcting after eye-watering liquidations of Bitcoin futures contracts.

Bullish uptrend intact as Bitcoin futures open interest hits $22.5B

Bitcoin may be en route to retest underlying support levels but the record $22.5 billion open interest on BTC futures shows bulls expect the uptrend to continue.

Bitcoin futures open interest hits new ATH as traders flock to derivatives

Traders are racing to speculate on Bitcoin in the derivatives markets, with open interest in BTC futures approaching $20 billion for the first time. With BTC again edging toward all-time highs, a large volume of money is flowing into the Bitcoin derivatives markets. According to crypto market data aggregator Glassnode, outstanding futures contracts pushed into new all-time highs on March 11, with open interest across exchanges approaching $20 billion. More capital is flowing into the derivatives markets, as the amount of outstanding #Bitcoin futures contracts reaches another ATH.

Bakkt Becomes the 29th Crypto Company to Receive BitLicense Approval by NYDFS

The Bitcoin futures trading platform of the Intercontinental Exchange, Bakkt, has become the latest crypto-oriented firm to receive a BitLicense. 

Investors Double Down on Derivatives Market as Bitcoin Futures Contracts Hit New All-Time High

The derivatives market is growing as the open interest has surged to a new all-time high of $20 billion across major exchanges.

Goldman Sachs Brings Back Bitcoin Trading Desk as the Firm Sees Crypto Market Becoming More Mature

Global investment bank Goldman Sachs has brought back its bitcoin trading desk and will start handling bitcoin futures next week.

Goldman Sachs to Reopen Bitcoin Futures Trading after Three-Year Pause

Goldman Sachs plans to relaunch its Bitcoin futures trading after pressing pause on it in 2018 due to the crypto price fall experienced that year.

Goldman Sachs to Resume Trading Bitcoin Futures in Mid-March

Goldman Sachs is moving back into Bitcoin trading after getting cold feet in 2018.

Déjà vu: Ethereum’s First Month of CME Futures Overwhelmingly Bearish

In a pattern that is almost identical to what happened when Bitcoin futures were first launched, the inaugural month for Ethereum contracts on CME has been overwhelmingly bearish.

Bitcoin Futures Open Interest Hits $19 Billion, Harsh Intraday Swings, Analyst Says ‘Fresh Rally’ Expected

The start of the week saw digital currency markets drop significantly in value, as billions of dollars were shaved off the entire crypto economy’s capitalization.

CME Bitcoin futures numbers saw a 57% uptick in January

January proved significant in terms of Bitcoin futures trading average daily volume for the CME.

Bitcoin Futures See Record $180 Billion in Trading Volume

Trading volumes of Bitcoin futures have hit new highs as the price of BTC falters.

3 reasons Bitcoin price is quickly recovering from its 'severe' 23% correction

Bitcoin recovered quickly from $44,800 to over $50,000 in under 22 hours and here are three key reasons why. The price of Bitcoin (BTC) quickly recovered from around $44,800 to over $50,000 within merely 22 hours.  Behind the rapid recovery are three major factors, including low funding rates, Square's $170 million Bitcoin purchase, and the spot market stabilizing. Bitcoin futures funding rates substantially drop Across major futures exchanges, including Binance, Bybit and Bitfinex, the funding rate of Bitcoin has dropped to 0.01%. The Bitcoin futures funding rate was consistently above 0.1% throughout the entirety of the rally from the $40,000s to $58,000. BTC/USDT 4-hour price chart (Binance).

474,968 Bitcoin Trades Worth $4.4 Billion Were Liquidated In the Last 24 Hours Making Price Plunge Inevitable

New data by Bybt reveals the liquidation of $4.4 billion worth of Bitcoin futures, which triggered the cryptocurrency's pullback.

Bitcoin: With hedge funds yielding 20% risk-free ROI, what's in it for traders?

When BTC's price crossed $50,000 and hit a new ATH on 17 February 2021, net positions on CME Bitcoin Futures showed that institutional investors or hedge funds were possibly short on Bitcoin.

Is a retail frenzy causing the Bitcoin futures markets' excessive leverage?

Retail seems to be causing the Bitcoin futures markets' excessive leverage, but pro traders remain neutral.

Bitcoin futures break $50K: Why BTC price is primed for another leg up

The price of Bitcoin broke $50,000 on futures exchanges and several data points suggest the US session could see the rally continue. The price of Bitcoin (BTC) surpassed $50,000 for the first time in history across major futures exchanges, including Binance Futures. However, on spot exchanges, like Coinbase and Binance, the price of Bitcoin rejected closely below $50,000. BTC/USD 1-hour candle chart (Binance Futures).

Bitcoin Futures Reaches $50,000, Will Bitcoin Break Through $60K?

After undergoing a correction yesterday, Bitcoin’s price surged to $50K on major crypto exchanges like Binance, Huobi and Bitfinex.  (Read More)

Bitcoin Futures on CME Breaches The $50,000 Resistance Level

Bitcoin futures on Chicago Mercantile Exchange briefly breached the $50,000 psychological level.