Mar 8, 2023
Bitcoin's annualized three-month basis, or the difference between futures and spot market prices, on offshore exchanges like Binance, OKX and Deribit, compared to the U.S.-regulated Chicago Mercantile Exchange (CME), show that the premium on the CME has dropped sharply to 2.2% over the past week.
:format(webp)/assets-jpcust.jwpsrv.com/thumbnails/ob6ouiJm-1920.jpg)
:format(webp)/assets-jpcust.jwpsrv.com/thumbnails/XZIlKEPe-1920.jpg)
:format(webp)/assets-jpcust.jwpsrv.com/thumbnails/AMpyoP91-1920.jpg)
:format(webp)/assets-jpcust.jwpsrv.com/thumbnails/qk63TCe1-1920.jpg)
:format(webp)/assets-jpcust.jwpsrv.com/thumbnails/jnvsIRcL-1920.jpg)
Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to coindesk.consensus.com to register and buy your pass now.