Bitcoin Futures Trading Volume Slips to 3-Month Low on CME

CME Bitcoin Futures Break Volume Record: 55,000 BTC worth of contracts traded in 24 hour period

CME Bitcoin Futures Break Volume Record: 55,000 BTC worth of contracts traded in 24 hour period submitted by BTCFuturesGuide to Bitcoin [link] [comments]

CME Bitcoin Futures Break Volume Record: 55,000 BTC worth of contracts traded in 24 hour period

CME Bitcoin Futures Break Volume Record: 55,000 BTC worth of contracts traded in 24 hour period submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

Why The Looming BTC Break Out Could Implode CME's Bitcoin Futures

Over the next 48 hours, or any weekend that proceeds are break out, Bitcoin has a real chance to break the CME futures. If we can finally break $10k, large follow through is likely. Wall Street is closed on weekends. Circuit breakers kick in at 7, 13 & 20%. We've regularly seen >20% hourly moves over the years, Bitcoin has two days to do it's thing! Yes it gets harder to break the CME futures as prices rises, but it's doable at these levels. The margin requirements on for trading BTC on CME also mean that most traders would be underwater or even have their whole accounts margin called as a result of futures price not being able close the spread to spot price. I think this is far more likely than people realise & I haven't heard anyone talking about it. Don't forget, it is 2020...tick tock... ⏳🔌⚠️
submitted by nugget_alex to BitcoinMarkets [link] [comments]

Market Wrap: Stuck at $11.5K, Bitcoin Surpasses 25K Locked in DeFi

The spot bitcoin market was fairly dull Thursday. That doesn’t mean it’s not moving: Holders of the cryptocurrency are increasingly plowing it into decentralized finance.
John Willock, CEO of digital asset liquidity provider Tritum, expects bitcoin to move much higher before the year is done, but it will not be a steady upward trend. “There are quite a few psychological barriers to break along the way, especially once we get to $15,000, Willock said. “If our current pace keeps up I could definitely see $16,000 this year,” he added.
Swissquote’s Thomas also said the options market is currently seeing less institutional interest and more individual traders. He noted retail-friendly platform Deribit’s increase in bitcoin options open interest (outstanding contracts) versus more institutional-focused CME’s relative stagnation.
submitted by ami_nil1987 to airdropfactory [link] [comments]

Market Wrap: Stuck at $11.5K, Bitcoin Surpasses 25K Locked in DeFi

The spot bitcoin market was fairly dull Thursday. That doesn’t mean it’s not moving: Holders of the cryptocurrency are increasingly plowing it into decentralized finance.
John Willock, CEO of digital asset liquidity provider Tritum, expects bitcoin to move much higher before the year is done, but it will not be a steady upward trend. “There are quite a few psychological barriers to break along the way, especially once we get to $15,000, Willock said. “If our current pace keeps up I could definitely see $16,000 this year,” he added.
Swissquote’s Thomas also said the options market is currently seeing less institutional interest and more individual traders. He noted retail-friendly platform Deribit’s increase in bitcoin options open interest (outstanding contracts) versus more institutional-focused CME’s relative stagnation.
submitted by ami_nil1987 to DigitalCryptoWorld [link] [comments]

08-16 10:55 - 'Quite tricky...' (self.Bitcoin) by /u/RalphAnderson_ removed from /r/Bitcoin within 19-29min

'''
Bulls Stamped Toward $12K Bitcoin Price as Weekly Close Approaches

Bitcoin price is making a strong push toward $12,000 with just 24-hours before the weekly close occurs

Despite multiple rejections at the $12K mark, #BTC continues to make higher lows and traders are buying dips at underlying support levels
Chainlink reached a new all-time high at $19.80 and Ether is struggling to push above $430
Typically, for Bitcoin (BTC), weekends are marked by reduced trading volume as day traders take a break and the CME Bitcoin markets are closed.
Experienced traders will also know that exchange order books thin out during the weekend, providing opportune moments for clever Bitcoin whales to exploit these gaps and sway the price through whipsaw volatility.
This Saturday things are different as the scenarios mentioned above are not deterring traders from a renewed push to the $12K mark.
If the current move to the key level fails, it would be the second time in a week and for some analysts multiple rejections at a key resistance level can be a bearish signal.
On the other hand, there are also an equal number of traders who will argue that multiple retests of a key resistance level heighten the chance that it will be breached on future attempts.
A few positives for Bitcoin price are: the daily chart continues to show a pattern of higher lows, the RSI is in bullish territory at 66, and traders show strong interest in buying into each dip, as shown by the rising purchasing volume on the daily timeframe.
In the event that traders can manage a 4-hour close above $12,000, Bitcoin will need to pursue a daily higher high above $12,068 and $12,123 then things will get quite interesting.
For the time being, we can see that the price is simply compressing into a tighter range within the pennant and drop the lower trendline should be supported by the high volume VPVR node extending from $11,730 to $11,500.
Typically a drop from such a pennant would warrant some concern but given buyer’s demonstrated interest in buying since July 28th and further back to March 12, it seems bulls will eventually have their way by flipping $12K to support in the short-term.
As Bitcoin fought to retake the $12K level, the performance from altcoins has been a bit of a mixed bag.

Chainlink (LINK) continues to lead the market, rallying 12% to reach a new all-time high at $19.80. #Ether (ETH) appears to be losing steam as it pulled back 2.2% and struggles to reclaim the $340 level.

Meanwhile, EOS finally managed to break above a key resistance to rally more than 18% and currently trades for $3.75
According to CoinMarketCap, the overall #cryptocurrency market cap now stands at $373.4 billion and Bitcoin’s dominance index is currently at 58.8%.
'''
Quite tricky...
Go1dfish undelete link
unreddit undelete link
Author: RalphAnderson_
submitted by removalbot to removalbot [link] [comments]

How Bitcoin futures exchange works?

To start trading Bitcoin futures, one must sign up with a Bitcoin futures exchange. The exchange provides a marketplace where you can buy and sell the Bitcoin futures. These exchanges are required to be registered with the relevant regulatory authority.
Some years ago, the futures exchanges utilized physical trading floors like the New York Mercantile Exchange (NYMEX) and the Chicago Mercantile Exchange (CME). However, with the evolution of technology, such locations are not as important as they used to be in those days. Today, Bitcoin futures trading takes place over the computer 24 hours throughout the week.
Traders including individuals only have to own a personal computer, look for a reliable derivatives exchange offering Bitcoin futures and open a trading account with them.
Function of a futures exchange
A futures exchange standardizes and makes it possible for as many traders as possible to access futures trading. Mostly, the managers of the exchange are after increasing the volume of the traded asset (Bitcoin). Therefore, the more the participants the better.
Some exchanges also offer margin trading. Therefore they have liquidity providers who lend money to traders who use them to trade and in return the money with some interest.
The exchanges are also responsible for the clearing services. Therefore, parties in the contract do not have to worry about the other party failing to deliver on their part of the contract. Though there are a number of other firms involved in the clearing process, the exchange is the overseer and it also standardizes the charges.
Bitcoin futures contracts
In a nutshell, Bitcoin futures contracts allow traders to trade on the value of Bitcoin without owning the Bitcoin. Most Bitcoin futures contracts are cash-settled, meaning that the trader receives returns in terms of fiat currencies. However, there are some Bitcoin futures exchanges that have introduced physical settlements, where the traders receive real Bitcoins once their contracts close.
Contrary to the spot market where buyers and sellers dictate the market prices of cryptocurrencies through over-the-counter (OTC) contracts, in Bitcoin futures trading, the exchanges standardizes the contracts. The Bitcoin futures contracts have standardized sizes depending on the exchange. In some exchanges, a single Bitcoin futures contract could be worth $1 while in another exchange the contract could be worth $10.
There are also other things like the expiration dates and strike prices that are also standardized in futures trading.
Exchanges also ensure that the pricing information is clearly provided to ensure fairness and transparency to all participants.
submitted by hectorhan to Bitcoin [link] [comments]

LOEx Market Research Report on May 30: If 9200 points is not broken, hold currency to rise and follow the trend

LOEx Market Research Report on May 30: If 9200 points is not broken, hold currency to rise and follow the trend
[Today's Hot Tips]
1. [Early Bitcoin Developer: Satoshi Nakamoto invented the GPU mining code to defend the Bitcoin network]
According to Cointelegraph, according to early Bitcoin developers, Satoshi Nakamoto prepared several versions of GPU mining code to protect Bitcoin from 51% attacks. Early Bitcoin developers who worked with Bitcoin founders in 2010 stated that in order to defend the Bitcoin network, Satoshi Nakamoto had invented the Bitcoin GPU mining technology in advance. Laszlo Hanyecz is famous for making the first Bitcoin transaction in the real world, and he is also praised for inventing Bitcoin GPU mining. However, in an interview, he said that Satoshi not only invented the algorithm before him, but also had several versions of the algorithm.
2. [The number of transactions on the BTC chain increased by 85.96% compared with yesterday]
As of May 29, the number of active BTC addresses was 767,900, an increase of 60.13% from yesterday; the number of transactions on the chain was 280,800, an increase of 85.96% from yesterday; There are 597 large-value transfers on the BTC chain with more than 100 transactions, an increase of 9.94% compared with yesterday. The number of active ETH addresses was 501,700, an increase of 61.73% from yesterday. The World Research Institute believes that there is a positive correlation between the active transactions on the chain and the currency price.
3. [Digital dollar released white paper]
The "Digital Dollar Project" released a white paper on May 28 local time in the United States. As mentioned in the white paper, "digital dollar" is a form of US dollar token that will coexist with existing fiat currencies and commercial bank funds, reflecting the many attributes of tangible currencies. Digital dollars balance personal privacy with the necessary regulatory compliance.
4. [21: 00-9: 00 Keywords: digital dollar project, Amazon patent, French central bank, stock]
  1. The June contract of CME Bitcoin futures closed down 0.94%.
  2. The stock market has outperformed Bitcoin in the past 12 months.
  3. The Digital Dollar Project released a white paper aimed at laying the foundation for the US CBDC.
  4. The US Patent and Trademark Office has approved Amazon's DLT system patent application.
  5. Bank of France spokesperson: An “internal private blockchain” has been established to test the digital euro.
  6. The International Monetary Fund reiterated its opposition to the digital currency of the Marshall Islands.
  7. Governor of the Brazilian Central Bank: The final step will be digital currency.
  8. The Russian crypto community protested against the draft bill that completely bans crypto transactions.
  9. Novi spokesman: Calibra was originally named similarly to Libra. The name was changed to avoid confusion.
[Today's market analysis]
Bitcoin (BTC)In the early hours of this morning, BTC continued to oscillate within a narrow range around 9400 USDT, and then rose slightly. At present, BTC is generally adjusted within a narrow range around 9450 USDT. Some mainstream currencies have rebounded slightly in the early morning after a turbulent downward movement, and they have started to fall again in a short time. BTC is currently reported at 9376.1 USDT at the LOEx Global, a decline of 0.25% in 24h.
https://preview.redd.it/tmhrrp33gu151.png?width=554&format=png&auto=webp&s=d807d18371d39d8a10b0fdd3754cc08bd704a55f
During the daytime yesterday, Bitcoin attacked more than 9,600 points and was blocked to fall back to 9,400 points. From the first wave of BTC to the top, the callback of 8400 points mentioned in the article that the possibility of BTC can be increased to 10,000 points. At that time, when the position was opened to 9600 points, there could be more than 1200 points of income, and the income was considerable. However, this wave is characterized by the fact that the amount of energy has not kept up, and a process of replenishment is required. As long as the callback does not break 9200, it is still a long trend.
Everyone can hold the currency and wait for the rise, have the opportunity to hit 10,000 points again, and follow the trend
Operation suggestions:
Support level: the first support level is 9200 points, the second support level is 9000 integers;
Resistance level: the first resistance level is 9500 points, the second resistance level is 9800 points.
LOEx is registered in Seychelles. It is a global one-stop digital asset service platform with business distribution nodes in 20 regions around the world. It has been exempted from Seychelles and Singapore Monetary Authority (MAS) digital currency trading services. Provide services and secure encrypted digital currency trading environment for 1 million community members in 24 hours.
submitted by LOEXCHANGE to u/LOEXCHANGE [link] [comments]

Latest Bitcoin price and analysis (BTC to USD)

Bitcoin is lining up a third major attempt at breaking out above $10,000 ahead of the expiry of the CME’s Bitcoin futures contract.
The expiry of the contract will see 50% of open interest also expire, which is expected to cause volatile swings in the price of Bitcoin at the start of next week.
During the first week of May the CME reported that open interest for its Bitcoin contract had hit an all-time high after it recovered from the gruelling sell-off in March.
At the time of writing Bitcoin is trading at $9,400 after falling slightly from this morning’s high at $9,623.
Moving forwards if Bitcoin can continue to trade above $8,830 and $9,200 in the short term it will continue to assert a bullish bias, while a break below these levels of support could cause a sell-off to as low as $7,100, which was the yearly open.
High frequency traders, however, will be targeting a move to the upside over the coming weeks with the $10,000 level proving to be a bitter point of resistance.
Breaking above a psychological level like $10,000 would indicate a change in behaviour from traders, with bullish price sentiment slowly returning after the recent halving event, which in truth turned out to be anticlimactic.
As seen during the bullish phase in the market last year there are still a number of key levels of resistance above $10,000, notably $10,500 and $12,300, although what’s most important is that Bitcoin prints a lower high for the first time in 12 months.

Bitcoin pricing

Current live BTC pricing information and interactive charts are available on our site 24 hours a day. The ticker bar at the bottom of every page on our site has the latest Bitcoin price. Pricing is also available in a range of different currency equivalents:
US Dollar – BTCtoUSD
British Pound Sterling – BTCtoGBP
Japanese Yen – BTCtoJPY
Euro – BTCtoEUR
Australian Dollar – BTCtoAUD
Russian Rouble – BTCtoRUB

About Bitcoin

In August 2008, the domain name bitcoin.org was registered. On 31st October 2008, a paper was published called “Bitcoin: A Peer-to-Peer Electronic Cash System”. This was authored by Satoshi Nakamoto, the inventor of Bitcoin. To date, no one knows who this person, or people, are.
The paper outlined a method of using a P2P network for electronic transactions without “relying on trust”. On January 3 2009, the Bitcoin network came into existence. Nakamoto mined block number “0” (or the “genesis block”), which had a reward of 50 Bitcoins.
submitted by PresentType to bitcointheindsmixer [link] [comments]

The volume of active positions in the CME bitcoin futures market has updated a maximum

Open interest in contracts for the first cryptocurrency on the Chicago Mercantile Exchange reached $ 400 million
The volume of active positions in the Chicago Mercantile Exchange (CME) bitcoin futures market set a new historic high of $ 399 million, according to Arcane Research. The previous record of $ 392 million was reached last summer. Two months ago, in March, this figure fell below $ 150 million amid falling BTC to $ 3800.
“The open interest at CME has reached a new historic high. Such growth is not observed in daily trading volume. This means that activity is less focused on trading and more on taking positions, ”analysts wrote.
An increase in open interest means that traders expect volatility to increase in the short term. On May 12, a halving will take place on the bitcoin network, as a result of which the miners' reward for the mined block will be halved: from 12.5 to 6.25 BTC. Now the first cryptocurrency is being traded at $ 9300; over the past 24 hours it has risen in price by $ 0.43.
submitted by coinswapy to CryptoNews [link] [comments]

Key Bitcoin Trading Tips

Bitcoin Trading Tip #1: Become Fluent in Technical Analysis

The nature of Bitcoin makes it an outlier in comparison to other asset classes or currencies. There is no central bank or governing body to influence its valuation. News events can have unpredictable impacts, and other financial instruments exhibit sporadic correlations. In fact, Bitcoin pricing models are largely speculative, ignoring a great deal of traditional financial theory.
Understanding the basics of technical analysis is an absolute must before entering the Bitcoin markets. In many ways, price itself provides the only dependable clues pertaining to Bitcoin’s future value. The lack of relevant market fundamentals places an impetus upon analyzing pricing charts, applying indicators, and reading price action.

Bitcoin Trading Tip #2: Adopt a Sustainable Pace

Trading is a marathon, not a sprint. One of the most important tasks facing Bitcoin market participants is establishing a schedule that is sustainable over the long haul. Putting in extraordinarily long hours on a daily basis leads to burnout and subpar performance.

Bitcoin Trading Tip #3: Stay Aware of News Items

Bitcoin is unique in that typical news items do not have a predictable impact upon the markets. There are no scheduled GDP releases, WASDE or EIA inventory reports to boost participation and skew pricing.

Bitcoin Trading Tip #4: Implement Stop Losses

Consistent volatility is an attribute of Bitcoin markets that is particularly attractive to active traders and investors. Valuations regularly fluctuate between 5 percent and 10 percent daily , creating opportunities for traders with an appetite for risk.
No matter if a trader is engaging the cash, CFD, or Bitcoin futures markets, using stop losses is a must when trading Bitcoin. The wide swings in pricing are certainly ripe for profit, but the potential for catastrophe does exist.
It’s absolutely imperative that you use a stop loss somewhere in the market — the exact placement will vary — to protect any open position.

Bitcoin Trading Tip #5: Use Prudent Leverage

It’s a cliché, but leverage is truly a double-edged sword: It boosts gains but magnifies losses. Too much leverage promotes reckless money management and will lead to blowing out your trading account. Too little can hinder performance because premium trades may not perform up to their capabilities. Ultimately, effectively managing leverage is a balancing act that a Bitcoin trader must conduct.
Bitcoin futures products may help you manage leverage because they place an extra emphasis on proper leveraging. The offerings of the CME Group and Chicago Futures Exchange (CFE) are priced at $25 and $10 per tick, respectively. To say the least, it can be capitally intensive to take multicontract positions.
A simple way to define position sizing is the 3 percent rule. Under its parameters, a maximum of 3 percent of the trading account may be assigned to a single trade. This ensures the proper alignment of risk to reward with respect to position sizing and stop loss location.
submitted by Boomah422 to contractstrilema [link] [comments]

The crypto market is so manipulated it's astonishing. We need adoption, adoption, adoption TODAY.

Nothing new, we've been saying it for ages, but since I started learning trading a few months ago, spotting it is much easier.
For example, take this recent price move:
Alts had been rising for the last day or so, with some like BCH rising up to ~11% versus BTC (BCHBTC +11%) - many others likewise.
Now, if you have a coin worth, let's say, 0.007 BTC and 70$ in terms of USD, if BTC, being the main trading pair of the market, loses 30% of its USD value and goes from $10000 to $7000, your coin worth 0.007 BTC would lose 30% USD value too, in our example going from $70 to $49.
What we just witnessed was pure manipulation. BTC dropped from ~$10600 to ~$10000 losing 6% USD value in an hour, while ALL alts lost 10-15% USD value, something totally illogical:
ALL alts just lost 4-5% of their ALTBTC pair value at the same time. The logical thing to happen if every alt is being sold for BTC would be for BTCUSD to rise, since all alts (each with its USD price) being exchanged into BTC pumps BTC price and bitcoin dominance %.

What just happened was EVERY ALT/BTC pair was ~4% sold simultaneously into BTC AND BTCUSD price not rising but tanking 6%, a clear sign of an orchestrated cryptomarket dump with market cap losing billions (into a “stablecoin” most likely). Clearly, there is some algorithm controlling the whole crypto market with endless funds (coins) dictating what the market does, selling everything at the same time and so on. This is no group of individual trader whales, this is some huge power bigger than CME or a country, and most likely the one controlling Tether.

Tether was engineered and created as a tool to suppress the growth of cryptocurrencies. It’s not even hidden; its very name is telling you it is the tool used to tether crypto to fiat (air). It works the following way:
This is done to each and every alt as necessary in order for your controlled coin to retain the #1 spot. ETH, BCH, whatever might challenge BTC. Tether is not something ran by some group of malicious individuals that have set up an offshore company to make a few hundreds of millions with a stablecoin fraud. This is an operation on a global scale that utilizes corrupt humans running companies (Bitfinex, nChain, etc.) as tools to suppress cryptocurrencies and to prevent the mass adoption of a decentralized, peer to peer currency from overthrowing fiat.
The next logical question is what we do, and the answer is adoption. If you build a closed-loop economy with a coin and start pricing stuff in itself and not in fiat, you become immune to their fiat-value shenanigans. I'm talking about buying food, paying your rent, selling your labour and living exclusively off of a decentralized cryptocurrency. Obviously, at this point they would attempt other things, like a 51% attack with the hashrate they would have purchased with their monopoly money. This is something BCH is vulnerable to, but this beyond the scope of this already long enough post :)
submitted by doramas89 to btc [link] [comments]

Bitcoin and cryptocurrency trading strategy in a panic on the coronavirus.

Bitcoin and cryptocurrency trading strategy in a panic on the coronavirus.
The upcoming problems with banks and the Fed’s money printing are excellent opportunities for cryptocurrencies and blockchain projects. Incredible events are taking place in the stock market, the fastest falling markets in history, the spread of coronavirus in the United States and the likely risk of falling consumer demand, lower consumption and, as a result, recession.
Analysis in such conditions becomes impossible, the position of traders is removed from the market. The Fed’s cash infusion is $ 1.5 trillion per month and the base rate is reduced, as a result, money is poured into the market in order to stop the market from falling, but this may not be enough.

Oil war

In addition, a trade oil war was added to the coronavirus, and this could cause serious problems for US shale oil companies, whose production costs are $ 30–40. The US oil sector is sitting on a wild leverage, and as a result, banks that lend to them can start problems. Thus, is it possible to say that this is perhaps the best moment for cryptocurrency projects that can be competitive in comparison with the banking sector? Well, we still have to find out.

The fall of Bitcoin and the entire cryptocurrency market

Bitcoin’s collapse was stronger than the stock market for several reasons. Well, firstly, the correlation between the S&P 500 index and Bitcoin reached 1. If earlier Bitcoin was associated as a protective asset and did not have a pronounced correlation, now all markets have started to fall during a mass panic. By the way, you can check the correlation of your crypto portfolio for free at Holderlab.io

Bitcoin and S&P500 correlation

The search for liquidity as the beginning of accelerating the fall of cryptocurrencies

The reasons for the strong current decline in the cryptocurrency market may be due to the fact that stock market traders were looking for liquidity in order to maintain margin requirements. In this case, liquidity was sought in risky assets, those Bitcoins and cryptocurrencies, perhaps some traders went completely into the dollar. This is where the first wave of decline in the cryptocurrency market began.

Bitmex Margin Trading

The incoming wave from the reduction of positions in Bitcoin from stock market traders has demolished the position of margin traders on Bitmex. As a result, $ 500 million in long positions were liquidated in an hour, and it remains to be seen how many were liquidated for other trading pairs.

BitMEX XBTUSD Liquidations data from skew.com
As a result, we saw a drop up to $ 3800. A great lesson for those who trade with leverage.
Another curious fact is that cryptocurrency exchanges do not have mechanisms to stop trading, as we saw in the stock markets when there was a limit down on S&P500.

Trading Bitcoin Futures on CME

In anticipation of the elimination of margin positions on Bitmex and other crypto exchanges. Starting February 25, there was an active closing of long positions in Bitcoin futures and opening short positions on the Chicago Mercantile Exchange. Which also influenced the fall of bitcoin as a whole. Cryptocurrency exchange margin traders have become a blast wave for the fall of Bitcoin.

Cryptocurrency trading strategy in a panic situation

Already today cryptocurrencies are sold at a significant discount, but now we are forced to monitor the dynamics of the S & P500 index and the general news background, which can affect the price of Bitcoin. However, in our opinion, the best moment for the Bitcoin HODL is probably coming. Today we see a good discount before the upcoming halving.

Halving zone
Do not expect the best price, it is almost impossible to catch, if it is possible to place pending orders this is good, today you can slowly buy current prices.
Trade managing your risks and do not rely only on luck and leverage.
submitted by holderlab to Bitcoin [link] [comments]

End of day summary - 03/06

The Dow fell 256.50, or 0.98%, to 25,864.78 , the Nasdaq lost 162.98, or 1.87%, to 8,575.62 , and the S&P 500 declined 51.57, or 1.71%, to 2,972.37.

The stock market ended a volatile week on a lower note with the S&P 500 (-1.7%) settling just above its low from Monday. The benchmark index gained 0.6% for the week while the Dow Jones Industrial Average (-1.0%) outperformed, gaining 1.8% since last Friday.
In the U.S., nonfarm payrolls surged 273,000 in February and the unemployment rate fell back to 3.5%, which matches a five-decade low. Average hourly earnings grew 3.0% year-over-year. While a very strong report, it appears to be discounted because of the coronavirus, though it provides evidence that the U.S. economy was on solid footing before it hit. The trade deficit narrowed 6.7% to $45.3B in January as exports dipped 0.4% to $208.6B and imports dropped 1.6% to $253.9B. Wholesale inventories fell 0.4% in January, but sales jumped 1.6%.
In energy news, Reuters reported that OPEC's plans for prolonged oil cuts have been derailed as Russia refused to support the move contending it is too early to predict the effect of coronavirus on global energy demand. WTI crude for April delivery fell $4.62, or 10.1%, to end at $41.28 a barrel following the news of the OPEC blow-up. Also, Baker Hughes reported that the U.S. rig count is up 3 rigs from last week to 793.
The final session of the week was marred by a continued deterioration of sentiment due to the ongoing spread of the coronavirus while the pressure on growth expectations intensified. Treasuries essentially never stopped after Thursday's cash close, continuing their forceful charge in the overnight futures market. Treasuries did pull back from their highs in midday trade, but the long bond rallied to a fresh record high in the afternoon while the 10-yr note stopped a bit short of its best level of the day. The 10-yr yield fell 22 basis points to 0.71%, representing a 42-basis point drop for the week.
Expectations for another sharp rate cut remain in place with the fed funds futures market pointing to a 56.0% implied likelihood of a 75-basis point rate cut at or before the conclusion of the FOMC meeting on March 18.
The S&P 500 staged a 70-point rally during the final hour of trade, which led to a significant improvement in final sector standings, though all eleven sectors finished in the red.
Four groups surrendered 2.0% or more. Energy (-5.6%) and financials (-3.3%) were particularly weak throughout the day due to their exposure to growth and concerns about issuers of high-yield debt in the energy sector.
Bank stocks suffered from the drop in Treasury yields while energy companies struggled as oil fell $4.57, or 10.0%, to $41.32/bbl. The energy component ended the day at its lowest level since mid-2016 after OPEC+ could not agree to a sharp production cut despite yesterday's reports to the contrary. Russia's Energy Minister, Alexander Novak, said that OPEC+ countries are free to pump at will starting from April 1.
Shares of JPM were sharply lower amid the pullback in the market, though the bank's declines may also be made worse by news that CEO Jamie Dimon experienced an acute aortic dissection and underwent successful emergency heart surgery to repair the health issue. Co-Presidents and Chief Operating Officers Daniel Pinto and Gordon Smith will lead the company as Dimon recovers, the bank confirmed.
Shares of AAPL were lower after a fourth supplier cut guidance amid the ongoing coronavirus outbreak. ON cut its first quarter revenue outlook this morning, becoming the fourth Apple supplier to cut guidance this week after QRVO, SWKS and MCHP did so as well.
In company-specific news, COST reported better than expected Q2 results, but the stock still finished lower. AMD fared better than the broader market after reaffirming its guidance for FY20. The chipmaker did caution that Q1 results are likely to be on the low end of its guidance.
Among the noteworthy gainers were MRNA and OPK, which have each recently reported on efforts linked to combating the coronavirus. Airline stocks like ALK +4.0%, JBLU +0.1%), UAL, +1.0%, and DAL, +2.0% recorded gains on Friday after recovering from fresh multi-year lows. Alaska Air did warn that its guidance for FY20 should no longer be relied upon due to coronavirus-related uncertainty.
Among the notable losers was AOBC, which fell 30% after the gunmaker reported fiscal Q3 results below consensus and guidance. SBUX shares slid 1% after the company provided an update on the impact related to COVID-19 in China. Stifel analyst Chris O'Cull said the earnings impact to Starbucks' fiscal Q2 is likely larger than he projected, be he also pointed out that Starbucks noted there has been no perceptible impact from COVID-19 on the U.S. business.
Shares of cruise operators started the day in positive territory but retreated as the day went on. NCLH, -5.2% was the weakest performer of the bunch, stopping just above its record low (24.16) that was notched when the company went public in early 2013.
European stocks also fell sharply Friday as the coronavirus outbreak continues to impact businesses worldwide.

Currency

The U.S. Dollar Index dropped 0.9% to 95.98 and was down 2.2% for the week as rate-cut expectations boiled over. According to the CME FedWatch Tool, there is a 100% probability of another 50 basis points cut at the March 17-18 FOMC meeting and a 63% probability of a 75 basis points cut.

Treasury

U.S. Treasuries had another huge day as the stock market racked up another day of huge losses amid ongoing concerns about the spread of the coronavirus and budding credit worries. The 10-yr yield, which settled Thursday at 0.93%, went as low as 0.66% in today's curve-flattening trade before losing some steam.

Commodity

Oil prices plunged more than 8% to multi-year lows on Friday as OPEC’s allies rejected additional production cuts that the organization proposed Thursday. The meeting between OPEC and its allies, known as OPEC+, concluded with no deal on additional production cuts.
Agriculture:

Crypto

As global equity markets continue to get pummeled, bitcoin’s return to the $9,000 level may have been driven by some of the same forces causing a rally in bonds – a desire for respite from a coronavirus-plagued markets.

Bonds, Virus and Valuation

The move in Treasuries has been precipitated by flight-safety flows that have been fueled by economic growth concerns stemming from the spread of the coronavirus. It has also been stoked by momentum, interest rate differentials, and policy stimulus expectations, the latter of which have also been nothing short of stunning.
The CME FedWatch Tool is showing a 100% probability of another 50 basis points cut at the March 17-18 FOMC meeting and a 64% probability of a 75 basis points cut.
Those expectations capture the view that the coronavirus isn't "just another flu." It might have similar characteristics, but when was the last time entire cities were quarantined, professional sporting events were canceled, travel restrictions were imposed, orchestrated efforts to force employees to work from home, states of emergency were declared, U.S. schools were closed, and the Federal Reserve ushered in an emergency 50 basis points rate cut because of the flu?
Coronavirus is quite different from the flu because the reaction to it has been universally different -- and that reaction is what gets lost in the debate as to whether the coronavirus is "just another flu." Rightly or wrongly, the coronavirus is creating an economic disruption in a manner no normal flu has in our modern age and that is the important distinction for the capital markets and policymakers.
It's another reason why the strong employment report for February has been glossed over for the most part by the market. At any other time, the Treasury market would be selling off on today's report, and, arguably, the futures market would be moving sharply higher -- but this isn't any other time.
The key takeaway from the report isn't what was in the report, it was the lackluster response to it, which is a function of expecting employment reports in coming months not to look as good because of the coronavirus impact.
The market multiple has contracted to 16.7x, which is now in-line with the five-year average -- only it isn't because earnings estimates are going to fall further.

YTD

  • FAAMG + some penny stocks -4.4% YTD
  • Spoos -8.0% YTD
  • Old man -9.4% YTD
  • Russy -13.1% YTD
Summary scraped from the interweb. Took 0.18 seconds.
submitted by hibernating_brain to thewallstreet [link] [comments]

Weekly Wrap 13/03

Market News
The ripple effects of Coronavirus continued to cause a financial market bloodbath as some markets experienced their worst day since 1987. Bitcoin followed by tanking 60% to lows of around $3600 on some exchanges, its largest ever sell-off in USD terms. The leading digital asset shed $70 billion of its market cap in 24 hours. It was also Ethereum’s worst day in history as it lost over 40% in value.
While many are doubting if cryptoassets can continue to be classified as a non-correlated asset class, it is worth noting that even the safe haven asset Gold has been losing value since last week. It is expected that in times of market decline and global recession that people will pull back their investments overall, including riskier cryptoassets.
For now, Bitcoin seems to be hovering around the $5000 area but buy-volumes are low as investors appear scared to enter considering overall market uncertainty. It is worth noting that C10 has performed well relative to individual cryptoassets and the cash hedge has once again proven to be effective at preserving capital during times of market downturn.
Industry News
Special Annoucement: Message from CEO, Daniel Schwartzkopff:
In light of the escalating COVID-19 pandemic, I wanted to personally engage with you to let you know what steps we are taking in response to this mounting crisis.
Invictus Capital employees are working remotely when/where possible on governmental advice to practice social distancing and flatten the growth curve of the virus. Flattening the curve allows for the healthcare system to better cope with the critically ill over a longer period of time. Based on our research and discussions with medical professionals, greater than 50% of the population will contract the virus and it will eventually become seasonal in nature. This is currently primarily of concern to the elderly, the immunocompromised and those with pre-existing medical conditions.
All markets will be adversely affected perhaps foreseeably until the end of 2020 as global supply chains kick back into gear after lengthy periods of containment and quarantine. We are in regular contact with all our portfolio companies to see if/how they will be affected and are taking all measures possible to assist - currently minimal disruption is expected as tech companies adapt very easily to remote work. We are some of the fortunate ones as many industries will face severe economic hardship over the coming months - events, entertainment, travel and hospitality being some of the worst affected.
One of the benefits of being a natively digital platform is that a quarantine will have almost no effect on our ability to keep building and operating. I would like to highlight the success of our C10 fund’s cash hedging function in preserving value as it was almost entirely out of the market at the time of the recent collapse.
We are here with you and will keep you updated on any major market developments. The team is always available on Discord if you would like to speak to us directly. Please keep safe and take all relevant advised precautions.
Other News
submitted by Camaa to cryptotwenty [link] [comments]

Will the Halving Market Still Come, with the Sagging Economy and Plummeted Bitcoin?

Will the Halving Market Still Come, with the Sagging Economy and Plummeted Bitcoin?


Since March, the global financial market weakened, and the halving market of bitcoin has stopped sharply. There has been a plunge in prices, which were severely cut within 24 hours. The next scheduled halving is around the corner some 48 days later, will the halving market come on schedule? What should investors choose, to get out of the market or stick to it in the whipsaw market.


Bitcoin Drops More Than 50% in 24 Hours
In May this year, Bitcoin will be confronted with a third halving. In a certain long period of time, the entire cryptocurrency realm has been talking about the “halving market”. However, in 24 hours from the evening of March 12, Bitcoin dropped to $3,800 in the lowest, a plummet of nearly 52%. The market became extremely tragic, some even joked that the halving market is the slash of the price in half.

1-Hour Chart of BTC (From 58COIN)
This plunge is also a test for the entire industry, especially the trading system and risk management of digital currency exchanges. During this round of slump, exchanges including Huobi Global and OKEx, because of their outdated trading systems, have experienced downtime accidents, making the situation for investors even worse. However, 58COIN ensures user’s trading experience with a perfect trading system, and some users of it even made a profit of 1.26 million Yuan with a cost of 700 Yuan in one hour.
This bloody plunge in bitcoin not only triggered a huge shock in the entire industry, but even made some believers in bitcoin begin to wonder whether the halving of the bitcoin market is over?
The Halving Market is not Over
A series of complex factors, including the sudden outbreak of COVID-19, international frictions, and oil price wars, etc., have resulted to this plunge, causing chaos in the digital currency realm even the entire financial market, which is indeed an abnormal economic state.
In recent days, with the continuous release of favorable policies by the global central banks to boost the economy, especially with the help of the Federal Reserve’s unlimited lax policy to rescue the market, global stock markets have stopped falling and rebounded, so does bitcoin, currently maintaining around $6,700.
Besides, seeing from the previous two halving, it’s easy to find that the two big bitcoin rising markets did not appear before the halving, but just a small peak. The real market usually starts half a year or a year later after the halving, reaching to the summit after more than one year. Therefore, it is too early to assert that bitcoin’s halving is over.
Halving + Growing Supporter Size Help Bitcoin Soar
In the short term, although China’s epidemic is under control, the global epidemic is already in an enlarged stage, especially in Europe and America. Under the crisis, investors may sell non-cash assets and retain cash assets in the broad sense. Therefore, in this case, the halving market may lag behind.
But in the long run, Bitcoin’s scarcity and immutability determine its value basis. The halving of Bitcoin will keep its inflation rate at the same level as gold, at about 1.7%. In terms of scarcity, Bitcoin is basically comparable to gold.
Besides, compliant exchanges such as BAKKT and CME are becoming mature, making it easier and smoother for institutions and qualified investors to enter the digital currency industry, and the volume and proportion of derivatives transactions have increased, making institutional investors’ risk hedging tools increasingly abundant. It is expected that during this halving cycle, Bitcoin will become part of the asset allocation of more institutions and qualified investors.
In summary, it can be judged that this plunge belongs to the callback period of bitcoin halving. Each round of sharp decline also indicates the opportunity of the market outlook. Cheap chips will be hoarded, waiting for the next wave of hype and explosion. In the so-called big break, we hope that investors can survive the worst bear market and welcome the all-round bull market.
submitted by 58CoinExchange to u/58CoinExchange [link] [comments]

Weekly Wrap 13/03

Market News
The ripple effects of Coronavirus continued to cause a financial market bloodbath as some markets experienced their worst day since 1987. Bitcoin followed by tanking 60% to lows of around $3600 on some exchanges, its largest ever sell-off in USD terms. The leading digital asset shed $70 billion of its market cap in 24 hours. It was also Ethereum’s worst day in history as it lost over 40% in value.
While many are doubting if cryptoassets can continue to be classified as a non-correlated asset class, it is worth noting that even the safe haven asset Gold has been losing value since last week. It is expected that in times of market decline and global recession that people will pull back their investments overall, including riskier cryptoassets.
For now, Bitcoin seems to be hovering around the $5000 area but buy-volumes are low as investors appear scared to enter considering overall market uncertainty. It is worth noting that C10 has performed well relative to individual cryptoassets and the cash hedge has once again proven to be effective at preserving capital during times of market downturn.
Industry News
Special Annoucement: Message from CEO, Daniel Schwartzkopff:
In light of the escalating COVID-19 pandemic, I wanted to personally engage with you to let you know what steps we are taking in response to this mounting crisis.
Invictus Capital employees are working remotely when/where possible on governmental advice to practice social distancing and flatten the growth curve of the virus. Flattening the curve allows for the healthcare system to better cope with the critically ill over a longer period of time. Based on our research and discussions with medical professionals, greater than 50% of the population will contract the virus and it will eventually become seasonal in nature. This is currently primarily of concern to the elderly, the immunocompromised and those with pre-existing medical conditions.
All markets will be adversely affected perhaps foreseeably until the end of 2020 as global supply chains kick back into gear after lengthy periods of containment and quarantine. We are in regular contact with all our portfolio companies to see if/how they will be affected and are taking all measures possible to assist - currently minimal disruption is expected as tech companies adapt very easily to remote work. We are some of the fortunate ones as many industries will face severe economic hardship over the coming months - events, entertainment, travel and hospitality being some of the worst affected.
One of the benefits of being a natively digital platform is that a quarantine will have almost no effect on our ability to keep building and operating. I would like to highlight the success of our C10 fund’s cash hedging function in preserving value as it was almost entirely out of the market at the time of the recent collapse.
We are here with you and will keep you updated on any major market developments. The team is always available on Discord if you would like to speak to us directly. Please keep safe and take all relevant advised precautions.
Other News
submitted by Camaa to InvictusCapital [link] [comments]

[ERROR] This Product is Currently Unavailable

Hello,
I am trying to trade bitcoin futures. On the CME website, the trading hours are listed 5:00 PM - 4:00 PM Sunday - Friday. However, it is 7 PM here on sunday and I am unable to make a trade. Its not even allowing me to schedule the trade to start Monday either. What is going on ?
submitted by dosel112132131 to thinkorswim [link] [comments]

The Biggest Heist Possibly EVER is Happening NOW!

  1. Early November it's announced BTC will have two Futures Market.
  2. Shortly after the announcement Hedge Fund Managers along with the wealthy elite start buying up BTC by the billions in order to drive price up to ATH (19k) with the knowledge of knowing they would short the 1st BPOE future.
  3. First Future Market set at 15k
  4. Hedge Fund Managers start laddering sales of their now ATH BTCs making BILLIONS.
  5. These large sales slowly create panic and more people start selling. By this time The hedge funds guys are close to cashed out.
  6. Market takes a dump and the Hedge Funds Made Billions buying BTC Low and selling high while at the same time NAILING their short call on Future Market.
OK GREAT HEIST RIGHT? BUT WAIT THATS NOT ALL.
  1. Hedge Funds Managers and Wealthy Elite go LONG on BCME Future which is due 10 days after the first futures call.
  2. Market takes a complete nose dive back to 9k and gues who is their to start buying again? Thats right the Hedge Fund Managers and Wealthy Elite.
  3. With their newly made BILLIONS the Hedge Fund Managers push the price back up over course of 7 days in order to hit their LONG CALL on 2nd Futures market.
If you see a spike in the price of BTC and overall market cap after 1pm PST today (when 1st future call settles) you will have witnessed one of the greatest robberies of ALL TIME.
EDIT: PLEASE NOTICE THE AMOUNT OF PEOPLE USING AD HOMINEM ATTACKS ON ME BECAUSE I POST TO conspiracy TELLING HUH?
EDIT 2: We dont need regulation we need innovative blockchain companies that would squash this.... There are financial disrupters working on this as we speak...... These companies will be truly change finance like Orbitz changed the travel industry.
EDIT 3: 30 Minutes till settlement and BTC is up close to $1000 in the last hour. EDIT 4: 30 Minutes after close of 1st future BTC up another $1000 That is a $2000 spike in an hour and a half.
EDIT 5: Thank you kind souls that gave me gold.... I wonder if I can buy StrongHands With it? Also let me set the record straight..... I DONT KNOW SHIT. I've been trading Crypto around three months. I'm not a guru nor should you take what I say as financial advice. One thing I've learned in three months which has been MOST USEFUL is understanding peoples reactions to new and the human emotional decision making process can be predicted to some extent.
EDIT 6: Just seen that CME has a new subscription service allowing us to get live info on their futures market. "Due to client demand, we are providing BTC data in real-time until January 26, 2018. If you would like to license real-time data after that point, visit our Market Data section". http://www.cmegroup.com/trading/equity-index/us-index/bitcoin.html
submitted by gambletillitsgone to CryptoCurrency [link] [comments]

BitOffer Institute: Parse of Bitcoin Options by Lucian, Chief Analyst

BitOffer Institute: Parse of Bitcoin Options by Lucian, Chief Analyst

https://preview.redd.it/97g8khceloh41.png?width=1501&format=png&auto=webp&s=2949f176163b5559dd487efe77891a6877fbe0d2
The last October, BitOffer officially launched Bitcoin Options, which was the first intraday Bitcoin Options that requires 0 fees, 0 margins, and no exercise, and be able to reach 2,000X leverage. The most significant feature of BitOffer Bitcoin Options is that the investors are enabled to earn a thousand times payoff whether the bull market or bear market. The purpose of launching Bitcoin Options is to provide investors an accurate hedge tool and an extra trading product. It is worth mentioning the price index of BitOffer Bitcoin Options is a weighted average of bitcoin prices from selected exchanges( Including:Kraken,Bitstamp,Coinbase,Bitfinex,Huobi,Binance,OKEX) with significant trading volumes, which makes it fair and transparent.
Q: What is Bitcoin Options?
Lucian: Bitcoin Options is a prediction of the movement of Bitcoins in the future. Essentially, it operates like the spot trading, but it allows the investors to buy call or put: Call when the investors expect the market to be bullish, Put when the investors expect the market to be bearish. Its profit formula is the same as that of the spot trading: Within the Options contract period, the investors would earn the price spread if the investors choose the correct direction. In short, BitOffer Bitcoin Options allows the investors to use a small budget to bet the change of the Bitcoins in the future and earn a considerable profit.
Q: How do we trade Bitcoin Options?
Lucian: BitOffer Bitcoin Options supports 2-mins, 5-mins, 1-hour, 4-hours, 12-hours, 1-day and 7-day contract period for investors to choose.
For example, the Bitcoin price now is $10,000, and you hold the view that the Bitcoin price will rise in an hour, then you buy a 1-hour call options contract with $10. After then, the Bitcoin price rises by $500 in an hour, you will earn $500 as profit when the contract settled, which means that you will earn a 50 times payoff as a return.
Q: Is Bitcoin Options the best hedge tool ever?
Lucian: BitOffer Bitcoin Options, the most innovative Bitcoin Options, is the best hedge tool ever for Bitcoin trading on the spot trading.
Then, how do the investors hedge their Bitcoin trading from the risk of the Bitcoin prices decreases?
For example, now the Bitcoin price is $10,000. When it rises to $11,000, the profit will be $1,000.
However, what if it falls to $9,000? If you do not hedge your Bitcoin trading, you would directly lose $1,000.
If you hedge your Bitcoin trading by buying a put options contract with $10, when the Bitcoin price drops from $10,000 to $9,000, you would earn $1,000 from the put options contract. Thus, your $1,000 loss on the spot trading would be hedged. This is how Bitcoin Options attracts investors.
Q: Which exchanges offer Bitcoin Options?
Lucian: There are few exchanges that offer Bitcoin Options now. Only BAKKT, CME, BitOffer, Binance JEX, OKEx, etc. do, but except BitOffer, the Bitcoin Options offered by the others belong to European Options, which means investors need to buy a whole Bitcoin, otherwise, they will only be able to give it up and lose the options premium. However, BitOffer Bitcoin Options is much simpler due to its features of 0 margins, 0 fees, and no exercise requirement.
Q: For newbies, which is much more suitable? Options trading or spot trading?
Lucian: The essences of Bitcoin Options and the spot trading are the same because a Bitcoin Options contract equals to the right of holding a Bitcoin.
We can make a simple comparison of Bitcoin Options and the spot trading:
When the Bitcoin price is $10,000,
  1. Buying a Bitcoin needs $10,000;
  2. Buying a Bitcoin Options contract needs a minimum of $5.
If the Bitcoin price rises from $10,000 to $10,500, you would earn $500 in both.
The payoff of these two is the same, but the budgets have a 200-fold difference.
On the contrary, when the Bitcoin price falls, if you predict the wrong direction, your largest loss in Bitcoin Options will only be the premium of your Bitcoin Options contract, which means you will only lose $5. The payoffs of the spot trading and Bitcoin Options are the same, but the budget of investing in Bitcoin Options is much lower, which makes the risk become lower.
Q: Are investors able to experience Bitcoin Options for free?
Lucian: For now, BitOffer is holding campaigns for Bitcoin Options, the date of the campaign now is 2020.2.14 09:00 to 2020.2.28 09:00 (UTC+8). In this period, new registrations on BitOffer will receive 50 USDT on their bonus account to experience Bitcoin Options for free. Moreover, the 50 USDT for experiencing Bitcoin Options is allowed to withdraw after applying.

https://preview.redd.it/q4vo83ikloh41.png?width=1456&format=png&auto=webp&s=4f5a686240a954b61f9e605f3c814a988c74ab9d
submitted by Bitoffer_Official to BitOffer_Official [link] [comments]

BitOffer Institution: Truth behind 0 Volume on BAKKT Bitcoin Options

BitOffer Institution: Truth behind 0 Volume on BAKKT Bitcoin Options
https://preview.redd.it/d8bcgjneohe41.png?width=740&format=png&auto=webp&s=8c89ee1d90a2146163111d34c4e8ef170421c0ff
Since 2019, bitcoin derivatives trading has developed rapidly, especially Bitcoin Futures whose trading volume is much more than that of the spot trading. It can be seen how big the market demand for derivatives is! Although futures trading is in full swing, but futures is not available to meet the market demand. Since the second half of 2019, various platforms have launched bitcoin options trading, including BitOffer, BAKKT, CME, OKEX and so on.
On December 9, 2019, BAKKT officially launched bitcoin options. The market initially gave high hopes to BAKKT and believed that its strong background would bring good performance. However, in the past 10 days, the volume of Bitcoin Options on BAKKT remained 0. According to the data, the number of the options transactions between January 20 and 24 was zero, so the last recorded activity happened on January 17 which has 20 bitcoin options trading volume.
Its competitor, CME Group, has made a good performance in the options trading. In the first week of trading, CME BTC options volume boosted from 55 contracts (about $2.37 million) to 120 contracts (about $5.25 million). Overall, investor interest in its products appears to be weakened, either BAKKT or CME which registered just 59 bitcoin options transactions last week.
The biggest reason why BAKKT options trading has not been popular is that there is no market maker, which means that options trading liquidity on the exchange is not smooth. Without a good market-making mechanism, no one wants to make a market for BAKKT. Not only BAKKT but also bitcoin options launched by CME, OKEX, and JEX are also short of liquidity. If there is no liquidity in a trading market, it is conceivable that how high is its risk? Therefore, they are destined to be weeded out by the market.
Besides the liquidity, they also have a serious problem that their bitcoin options are European options, which means the options contracts can only be exercised on the expiration date. Obviously, it does 0 benefits to normal investors, because most investors do not have so much spare money to exercise the options. However, there is only one bitcoin options exchange in the world that does not require investors to exercise the options contracts, BitOffer.
In addition, it is the first exchange that supports Day-Options with the features of 0 Fees and 0 Margins. BitOffer Bitcoin Options supports the time lengths in 2-mins, 5-mins, 1-hour, 4-hours, 12-hours, 1-day and 7-day, which means that it can satisfy different demands of the investors. Investors will be available to trade Bitcoin Options anytime and anywhere, which is more flexible and convenient. The biggest characteristic of the BitOffer Bitcoin option is that whether the bull market or bear market, investors own the opportunity to earn 1,000X leveraged payoff.
How to trade BitOffer bitcoin options?
In some ways, Trading Bitcoin Options is similar to trading bitcoins on the spot trading market. Both needs investors to predict the bitcoin price in the future, but Options trading supports investor to long or short bitcoins: Buy call when you expect the bitcoin price to be bullish, but put when you expect the bitcoin price to be bearish. If investors buy call, investors would earn the price spread as profits when the bitcoin price rises; If investors buy put, investors would earn the price spread as profits when the bitcoin price drops. In short, investors will be able to earn a huge profit with a small budget in this way.
For example, the bitcoin price now is $9,000, you predict that the bitcoin price will probably rise in a week, then you buy a 7-days call options contract with $200. After a week, the bitcoin price rises by $2,000 (from $9,000 to $11,000), when your 7-days call options contract settled, you will earn $2,000-$200=$1,800 as a net profit, of which rate of return reaches 900%.
If the direction of the contract you buy is wrong, you would lose the premium you pay to buy the options contract. Therefore, we can conclude that Bitcoin Options is a trading with unlimited profit but limited risk. In other words, we can see that BitOffer Bitcoin Options is much more suitable for investors than the other Bitcoin Options which belong to the European Options.

https://preview.redd.it/h5evkjffohe41.png?width=1456&format=png&auto=webp&s=91873f5e8f10f54b9d2b150ea9e1655d658742db
submitted by Bitoffer_Official to BitOffer_Official [link] [comments]

Why Crypto Crashed Today

My thoughts on why the entire crypto market just tanked... (tl/dr)
The people behind B cash thought that this would be the perfect time to launch a full-scale and highly coordinated attack in it's never ending attempt to become 'the one true bitcoin'.
1) They had that idiot Swede from bitcoin.com come out and announce on every media outlet he was 'selling all his bitcoin, because it's useless'. 2) They then began a well orchestrated FUD campaign that included paid click-farm shills posting everywhere about how Bitcoin will crash there's is the better solution... 3) At the same time Roger, that idiot Swede and others from the Chinese mining groups who collectively hold hundreds of thousands (if not millions) of BTC began dumping just enough to steadily drop the price and reinforce their message... 4) Add in spamming the network with fake transactions to slow things even more...while shouting "See, we're right..."
....All timed to be within 24 hours of the Coinbase announcement.
Clearly a well planned power play and It was clearly successful... (sort of)
Roger Vers and the Swede and the Chinese miners? They all made a shit ton of money. Maybe you did too if you got out in time so who cares right?
You should care.... this past week was an important week for all crypto as it was the first week of real Wall Street money coming into the market with CME futures (5x bigger btw then CBOE). It was widely known that many investors would be waiting to see how things went, to see if it was too volatile, too manipulated... And guess fucking what?
Today Ally Financial announced it has changed it's mind and won't allow its 1m+ customers to trade Bitcoin futures.... people are reading about how corrupt the crypto space is with the Coinbase insider trading scandal... and tomorrow morning they will all wake up to read about how it crashed... And they won't seperate out one coin from another... to them it's all the same and Bitcoin is the leader.
So... the truth is we will recover but make no mistake, the bullshit greed war that Roger the fucking felon started has set back the entire market as the 'institutional money; we all hoped would flood in is now saying "No fucking way"... That and the Roger cartel dumping of BTC in an attempt to get it closer in market share is why we are tanking.
Now go on, flame me back... I expect it..I'm happy to provide references to all of the above (or you can google it yourself).
So realize this.. the threat to crypto is not just from governments or Wall Street or some hacker stealing your shit, it's from greed. Greed from within...
Or maybe not. What the fuck do I know :)
submitted by bitradr to Bitcoin [link] [comments]

Bitcoin CME Futures 4H Gap: Will Bitcoin go back to $3500? BITCOIN CME GAPS, must they fill??? daily BTC update charts price prediction analysis news trading Bitcoin Future Trading at CME ¡ NO FALLA ! BITCOIN TRADING GAP CME 👍👍👍 - YouTube Trading Bitcoin - Futures Start in a Few Hours, So Where Will Bitcoin Go?

CME futures see rising premiums as demand for BTC grows. One sign of growing Bitcoin demand is the premium seen while looking towards BTC futures on the CME. Analyst Josh Rager recently observed that futures for the benchmark cryptocurrency on the platform are now trading at an over $300 premium versus spot BTC. 5 bitcoin, as defined by the CME CF Bitcoin Reference Rate (BRR) Minimum Price Fluctuation: Outright: $5.00 per bitcoin = $25.00 per contract<br>Calendar Spread: $1.00 per bitcoin = $5.00 per contract: Trading Hours: CME Globex: 5:00 p.m. – 4:00 p.m. Central Time Sunday – Friday. Bitcoin news — get the latest BTC news now. Breaking news from the best Bitcoin site, 24/7. Trading activity in bitcoin futures listed on the Chicago Mercantile Exchange has cooled as the top cryptocurrency languishes in the price doldrums. ... U.S. markets close in 5 hours 43 minutes. S ... Trading hours are in U.S. Central Time unless otherwise stated. For products traded solely via CME ClearPort Clearing, the hours are as follows: Sunday – Friday 5:00 p.m. - 5:45 p.m. CT with a 15 minute break Monday - Thursday from 5:45 p.m. - 6:00 p.m. CT. For Weather products traded solely via CME ClearPort Clearing, the hours are as follows:

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Bitcoin CME Futures 4H Gap: Will Bitcoin go back to $3500?

While I do not think we will fill the BTC CME Futures gap on the 4 hour time frame, there are many who think we will. I'm curious to hear what you guys think - Will the 4H gap at $3570 get filled ... Hidden Secrets Of Money - Mike Maloney S1 • E8 From Bitcoin To Hedera Hashgraph (Documentary) Hidden Secrets Of Money Episode 8 - Duration: 1:14:26. GoldSilver (w/ Mike Maloney) 1,101,145 views ... 👍👍👍 ¡¡ATÍZAME UN LIKE!! 👍👍👍 ¡Gracias! 😃 No te pierdas la ÚLTIMA HORA del mundo de las criptomonedas y Altcoins ¡No te pierdas este vídeo! 🤑 #Brave: Navega má... check out the latest update from Blockchain mind on BITCOIN. The first 5 hours of overflow ever traded on the CME BTC futures! Join our discord server! https://discord.gg/8XemVjc Become a subscriber to my patreon campa...

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