The open interest in Bitcoin futures surpasses the 2021 bull run and reaches a lifetime high.

The open interest in Bitcoin futures surpasses the 2021 bull run and reaches a lifetime high.

Over the past month, Bitcoin’s value has increased remarkably, and at the beginning of this week, it crossed the $57,000 mark for the first time since November 2021. The surge in value of bitcoin has prompted the creation of derivatives based on the cryptocurrency, leading to an unprecedented level of open interest in bitcoin futures … Read more

Micro-Euro-Denominated Bitcoin and Ether Futures to Be Launched by CME Group in Response to Growing Demand

Micro-Euro-Denominated Bitcoin and Ether Futures to Be Launched by CME Group in Response to Growing Demand

CME Group announced plans on Tuesday to launch micro-euro-denominated bitcoin and ether futures, which are scheduled to launch on March 18 if regulatory approval is received. These euro-based offerings, which each represent a tenth of the value of the corresponding cryptocurrency, will be identical to their dollar-based counterparts in the United States. CME Group Announces … Read more