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Liquidity Crisis Continues: BitMEX Wick Reaches $8,700 on Bitcoin Futures

Last week, Bitcoin plummeted from $7,500 to $3,800 at the extreme point of the low, as a result of a coronavirus panic-induced selloff combined with a liquidity crisis and potential DDoS attack on BitMEX that created a cascade of liquidations…
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This Trend That Preceded Bitcoin’s 330% Growth in 2019 Forms Again

Ever since Bitcoin (BTC) started declining last July, falling as low as $6,400 by the middle of December, analysts have been wondering when bulls are going to step in and push cryptocurrencies higher once again. Related Reading: Why Analysts…
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CME Futures Data: Institutions Still Wary Despite Bitcoin’s Bullish Signs

Once again, analysts have begun to flip bullish on Bitcoin (BTC), citing fundamental and technical factors to back their cheery sentiment. Though, not everyone is convinced that the cryptocurrency market is poised to see upside. Related Reading: Crypto…
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Bitcoin Price Poised to Tumble in Coming Week, CME Futures Statistic Predicts

Statistics show that the Bitcoin price may be on the verge of seeing a red week. No, by red I don’t mean Christmas, I mean a week in which the cryptocurrency falls, potentially to enter back in the range of the $6,000s. Related Reading: Lightning…
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Why Expiry of CME Bitcoin Futures Suggests BTC Price to Soon Pass $8,000

On Friday, the Chicago Mercantile Exchange’s cash-settled Bitcoin futures contract for the month of November was reported to have expired by a number of analysts. While these financial derivatives are cash-settled, analysis by a top cryptocurrency…
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Bitcoin Future Flash Crashes by $1,000 to Fill CME Gap: Cleared for Takeoff

The Friday before last, the Bitcoin futures contract on the Chicago Mercantile Exchange (CME) closed the week at $8,715. It was a strong performance, especially considering that on Wednesday of that week, the leading cryptocurrency had plunged…
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Why Bear Market Ethereum Futures Are a Better Bet That Bitcoin’s

The Commodity Futures Trading Commission (CFTC) is confident that Ethereum futures are likely to arrive in 2020. This could be good timing if altseason fails to materialize in the next few months and Ethereum prices remain low. Ethereum Futures…
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Institutional Longs on Bitcoin Price Grow as Bear Momentum Wanes

Despite the harrowing price drop seen in late September, institutions are expecting for the Bitcoin (BTC) price to soon head higher — at least for institutions involved in the Chicago Mercantile Exchange (CME) futures market. Industry analytics…
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Bakkt Has Slow Debut But Bitcoin Volume Will Rise Over Time, Here’s Why

Trading appears to be off to a positive start on Bakkt following its launch late yesterday. The same cannot be said for Bitcoin which at the moment is experiencing a lull in volume and volatility. Bakkt Bitcoin Volume to Increase Over Time Launching…
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Ethereum Spikes 12% in Hours as Report Suggests CFTC is Ready For ETH Futures

Ethereum has been in the doldrums lately. Bitcoin has made all the moves generally lifting crypto markets and increasing its own dominance largely at the expense of the higher cap altcoins such as Ethereum and XRP. That all changed today when…