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Bitwise CIO Matt Hougan Discusses Amended Spot Bitcoin ETF Application
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Bitwise CIO Matt Hougan Discusses Amended Spot Bitcoin ETF Application

Matt Hougan, CIO of Bitwise, used a Twitter thread to elaborate on the firm's amended spot Bitcoin ETF application. He emphasized the need to prove that the CME bitcoin futures market is a "regulated market of significant size" for surveillance purposes and highlighted Bitwise's history of original research in their ETF filings.

CME Group to Launch the Micro Ether Futures Product for Retail and Institutional Investors
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CME Group to Launch the Micro Ether Futures Product for Retail and Institutional Investors

The Chicago Mercantile Exchange (CME) is set to launch a Micro Ether Futures (MEF) product in a bid to expand its crypto derivatives offerings.

CME’s Bitcoin Futures Premiums Surge, Hints Rising Institutional Demand
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CME’s Bitcoin Futures Premiums Surge, Hints Rising Institutional Demand

CME’s most popular Bitcoin futures contracts seems to have surged up recently to levels not seen since April 2021. Data analysis shows that a rising number of institutions are buying Bitcoin futures.

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

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

Will CME's Ethereum Futures Launch Send Ether Price Higher?
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Will CME's Ethereum Futures Launch Send Ether Price Higher?

With the launch of CME’s Ethereum futures contract imminent, what can we expect from the Ether price?

Jul 30 Trading Analysis: The Running of the BTC Bulls
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Jul 30 Trading Analysis: The Running of the BTC Bulls

- BTC trading resiliently around the $11k mark with open interest across global exchanges hitting $5 billion, a level not seen since February this year. - Overnight, no surprises from the U.S. Fed who left interest rates near zero and vowed to use all its tools to support the recovery from an economic downturn that Chair Powell called the most severe “in our lifetime.” - Trade strategy: Think we have got some momentum going as rotation from DeFi and precious metals investors as well as even day traders from the U.S. (think Robhinhood).

A Billion Dollars in Bitcoin Options Expired, Bitcoin may be Vulnerable to Violent Price Moves
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A Billion Dollars in Bitcoin Options Expired, Bitcoin may be Vulnerable to Violent Price Moves

A billion dollar worth of Bitcoin options are to expire today, in the meantime, traders debating whether this will result in higher volatility, and the direction of which Bitcoin price is headed. Traders are now deciding whether to take their options or leave the market.

May 15: The Year of Bitcoin Options?
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May 15: The Year of Bitcoin Options?

Happy Friday! BTC up 3% in the past 24 hours, flirting $9,900, teasing the market at the $10K psychological level. In the last few days, I noticed BTC weakness from the start of Asia session followed by buying activity when the U.S. woke up, driven primarily by spot buying (futures curve still relatively flat).

Paul Tudor Jones' Bet on Bitcoin Supported by CME’s Bitcoin Futures CFTC Data and PwC’s Latest Crypto Report
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Paul Tudor Jones' Bet on Bitcoin Supported by CME’s Bitcoin Futures CFTC Data and PwC’s Latest Crypto Report

In an annual report by Elwood Asset Management and consulting firm PricewaterhouseCoopers (PwC), the value of assets under management at cryptocurrency hedge funds has soared to $2 billion, doubling the value in 2019. Billionaire hedge fund manager Paul Tudor Jones was reportedly looking to buy Bitcoin to hedge against inflation as central banks across the world are printing money to relieve economies affected by the coronavirus pandemic.

May 7: The Traders' War... New vs Seasoned...
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May 7: The Traders' War... New vs Seasoned...

Bitcoin is now up close to 3% past 24 hours as it spiked through $9400 for a bit even as U.S. equities traded poorly, leaving me with the thesis that BTC is starting to break away from moving in lockstep with S&P 500 until and after the havling event. In fact, the 1-year rolling correlation between Gold and Bitcoin is nearing all-time high, so we could start seeing it behave more like Digital Gold.

Bitcoin Analyst: Bitcoin Futures Do Not Manipulate Bitcoin Price In Spot Market
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Bitcoin Analyst: Bitcoin Futures Do Not Manipulate Bitcoin Price In Spot Market

According to a Bitcoin analyst, PlanB, creator of one of the most accurate Bitcoin price models, on April 7, 2020, claimed that Bitcoin Futures do not affect the price of Bitcoin in the spot market. In his tweet, he said that Bitcoin prices stayed within the S2F bands even when Bitcoin was at its all-time-high (ATH) in December 2017 which many people claim was suppressed by the introduction of Bitcoin Futures in Chicago Mercantile Exchange (CME) in 2017.

CME to Close Trading Floor on Friday as Coronavirus Prevention Measure
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CME to Close Trading Floor on Friday as Coronavirus Prevention Measure

CME Group plans to close its trading floor in Chicago due to fears of further spreading the coronavirus, the influenza outbreak that has sent global stock markets falling.

JPMorgan Reveals Market is Highly Anticipating the Launch of CME Bitcoin Options
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JPMorgan Reveals Market is Highly Anticipating the Launch of CME Bitcoin Options

Institutional interest in Bitcoin-related contracts seems to be building as the market measures indicate high anticipation of the launch of CME Group Inc. options on Jan. 13, according to JPMorgan Chase & Co.

CME Group Bullish on Bitcoin Despite Pullback in Prices
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CME Group Bullish on Bitcoin Despite Pullback in Prices

The Chicago Mercantile Exchange (CME) Group recently stated that customer interest in CME Bitcoin futures remained bullish in Q3 2019 despite the Bitcoin price pullback.