Goldman Sachs launches limited BTC derivatives trading desk
One of the largest investment banks in the world just launched a cryptocurrency trading desk — though executives made sure to specify they would only be trading derivatives, and will …
Reports suggest Goldman Sachs is now offering Bitcoin derivatives
Investment banking giant Goldman Sachs has reportedly opened up futures trading on Bitcoin to Wall Street executives. According to Bloomberg Law, last month the investment firm began offering trading with …
Flippening? Record $10B Ethereum futures volume briefly outpaces Bitcoin’s
In the past 30 days, Ether (ETH) price decoupled from Bitcoin (BTC) to post a 67.5% gain, while the leading cryptocurrency price has barely moved. Ether’s $3,605 all-time high on …
Bears aim for sub-$60K Bitcoin price ahead of Friday’s $1.1B options expiry
Bitcoin (BTC) entirely recovered from its recent drop that saw the price fall to the $53,000 support level. This move back to $57,500 relieved bulls from the negative pressure of …
Pro traders buy the Bitcoin price dip while retail investors chase altcoins
Bitcoin (BTC) has been struggling to sustain the $55,000 support level for the past 16 days, or basically since the April 17 record-high $5 billion long contracts liquidation. The rejection …
Ethereum bulls control 100% of this week’s $470M ETH options expiry
On May 7, a total of $470 million in Ethereum options are set to expire, and slaughter is really the only word that describes what is about to happen to …
2 key Ethereum price metrics prove pro traders are behind ETH’s new highs
As Ether (ETH) made a $2,800 all-time on April 29, so did its futures open interest. The $8.5 billion figure marks a 52% monthly increase and shows robust trading activity …
Bullish ETH/BTC pair revives the Ethereum ‘flippening’ discussion
Bitcoin and the overall cryptocurrency market saw minor losses on April 29 as the market heads into the expiry of $4.2 billion worth of (BTC) options contracts. Data from Cointelegraph Markets and …
Key Bitcoin price metric flashes its first bullish signal in 4 months
Bitcoin (BTC) has been struggling to sustain above the $53,000 support for the past three days, while Ether (ETH) soared to a new all-time high at $2,800. In the current …
Sub-$60K monthly close will make Bitcoin’s $3.9B options expiry a non-event
Bitcoin’s (BTC) 2021 performance has been impressive, but traders waiting for a record-breaking monthly candle are likely to be disappointed this week. After peaking at $64,900 on April 14, a …