Futures

CDCROP: Woman counting money cash dollar bills (Alexander Grey/Unsplash)
Bitcoin CME Futures Draw Premium for the First Time Since FTX's Collapse
While futures have flipped into premium, the "term structure" remains in backwardation, signaling caution among institutions.
CDCROP: Woman counting money cash dollar bills (Alexander Grey/Unsplash)

CDCROP: Traders appear to be shorting the rally in AXS. (TheDigitalArtist/Pixabay)
Rally in Crypto Game Axie's AXS Token Faces Skepticism From Derivative Traders
With a favorable environment for alternative cryptocurrencies far away, a rise in open interest in AXS futures implies traders shorting the rally, one trader said.
CDCROP: Traders appear to be shorting the rally in AXS. (TheDigitalArtist/Pixabay)

Average daily premium/discount in CME-listed bitcoin futures (Arcane Research)
Institutions Take Bearish Stance on Bitcoin, Create Arbitrage Opportunity
The record discount in the front-month bitcoin futures traded on the CME indicates institutions are biased bearish. The discount may attract arbitrageurs.
Average daily premium/discount in CME-listed bitcoin futures (Arcane Research)

FTT futures open interest (Source: Coinglass.com)
Open Interest in FTT Futures Doubles as Binance Moves to Liquidate FTX Token Holdings
Open interest has doubled to $203 million, with bearish bets in demand, as Binance's entry into the FTX-Alameda drama has caused panic among investors.
FTT futures open interest (Source: Coinglass.com)

CDCROP: Empty Office
Crypto Exchange BitMEX Cuts Staff as It Pivots Back to Derivatives Strategy
The layoffs come one week after CEO Alexander Hoeptner left the company.
CDCROP: Empty Office

Los futuros en el CME entraron en una prolongada backwardation por primera vez desde mayo del 2019, según Luno. (Laevitas, vía Luno)
El retroceso de los futuros de bitcoin podría indicar un estado de ánimo bajista
Esta condición en el mercado de futuros de bitcoin no ocurría desde mayo del 2019, según Luno.
Los futuros en el CME entraron en una prolongada backwardation por primera vez desde mayo del 2019, según Luno. (Laevitas, vía Luno)

Bitcoin futures on CME slipped into prolonged backwardation for the first time since May 2019, according to Luno. (Laevitas, via Luno)
Bitcoin Futures ‘Backwardation’ Could Signal Bearish Mood
This condition in the bitcoin futures market hasn't happened since May 2019, according to Luno.
Bitcoin futures on CME slipped into prolonged backwardation for the first time since May 2019, according to Luno. (Laevitas, via Luno)

Los traders prefieren cada vez más los futuros de bitcoin con margen en efectivo. (Glassnode)
Bitcoin: la popularidad de futuros con margen en efectivo podría disminuir cascadas de liquidación
Los contratos con margen en efectivo son relativamente concisos y matemáticamente no convexos, lo que los hace más fáciles de entender para los inversores minoristas y más fáciles de liquidar para los exchanges, aseguró un trader de volatilidad.
Los traders prefieren cada vez más los futuros de bitcoin con margen en efectivo. (Glassnode)

Bitcoin: Cash vs crypto-margined futures open interest (Glassnode)
Growing Popularity of Cash-Margined Bitcoin Futures Suggests Crypto 'Liquidation Cascades' Might Become Rare
Cash-margined contracts are relatively concise and not mathematically convex, making them easier for retail investors to understand and easier for exchanges to liquidate, one volatility trader said.
Bitcoin: Cash vs crypto-margined futures open interest (Glassnode)

CDCROP: Traders work on the floor of the New York Stock Exchange (NYSE) (Spencer Platt/Getty Images)
Crypto Derivatives Exchange PowerTrade Launches 'RFQs' for Institutional Options Trading
The exchange hopes to attract both institutional players and smaller traders with no minimum order sizes.
CDCROP: Traders work on the floor of the New York Stock Exchange (NYSE) (Spencer Platt/Getty Images)