Cryptocurrency research firm Diar has indicated that institutional traders recently registered record high volumes on bitcoin derivatives exchanges in a report published on May 21.Per the report, bitcoin derivatives trading on the Chicago Mercantile Exchange hit an all-time-high for two months in a row.
According to Diar, Deribit has been hitting record volumes month-on-month.
Regarding physically-settled bitcoin futures, physically delivered cryptocurrency futures exchange CoinFLEX has witnessed interest from crypto venture capital firm Digital Currency Group and investment company Polychain, which have reportedly already launched two future contracts.
As reported earlier this month, CME Group reported record volume for its bitcoin futures on May 13 as the cryptocurrency's surprise bull market continued.
On May 13, the exchange saw an all-time record of 33,700 contracts.
That figure represented an equivalent 168,000 BTC - an almost 50% rise versus the previous high of 22,500 contracts and 112,700 BTC on April 4.
Study: Bitcoin Derivatives Exchanges Register Record Trading Volumes
gepubliceerd op May 21, 2019
by Cointele | gepubliceerd op Coinage
Coinage
Vermeld in dit artikel
Recent nieuws
Alles zien
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.