CME’s Bitcoin Futures market registers new highs for May; average daily volume up by 36% since April

CME’s Bitcoin Futures market registers new highs for May; average daily volume up by 36% since April
фото показано с : ambcrypto.com

2019-6-13 10:30

The Bitcoin futures market surprised traditional financial leaders and crypto-proponents after it not only survived the crypto-winter, but also opened a bridge for mainstream, instituional investors in the realm. Supporting this notion, CME Group, a global markets company, recently recorded new highs in both volume and open interest in May.

The record was brought to light on Twitter by @oliverzok, a prominent blockchain influencer, who tweeted,

“CME bitcoin futures saw new records in both volume and open interest in May, adding over 200 new trading accounts”

While the news may not reflect an immediate increase in crypto-adoption across the globe, CME’s latest achievement has comforted the ecosystem of a sustainable user base for the coming future. Additionally, @oliverzok tweeted,

“Average daily volume finished at more than 13,600 contracts, or ~$515 million in notional USD traded value, up 36% since April and over 250% year-over-year”

Source: @oliverzok

Although the overall crypto-market is far from revisiting its peak, the involvement of leaders from other business verticals and the growing ease of crypto-inclusion is showing an overall positive impact on the industry as a whole. The growth of the CME Bitcoin Futures market, especially with respect to the number of trading accounts and volume, reveals the gradual introduction of more investors to the crypto-market  Moreover, several crypto-enthusiasts have perceived the news as a win for the free market. One such fan replied to the original tweet,

“The free market made the decision. Clearly the market chose CME.”

The crypto-market has made the most of 2019 in terms of gaining mainstream attention and adoption. Its premier cryptocurrency, Bitcoin [BTC], has enjoyed a great 2019 after a terrible crypto-winter, and has pulled the prices of the altcoin market up as well. Considering the growth trend witnessed by the ecosystem, several industry leaders speculate that the year will mark the birth of a sustainable crypto-fiat synergy.

The post CME’s Bitcoin Futures market registers new highs for May; average daily volume up by 36% since April appeared first on AMBCrypto.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 66353.89 (-0.45%)
Объем 24H $17.85b
Изменеия 24h: -0.74 %, 7d: 8.21 %
Cегодня L: $66326.95 - H: $67668.16
Капитализация $1307.209b Rank 1
Цена в час новости $ 8129.82 (716.18%)

may volume highs cme market futures bitcoin

Источник: ambcrypto.com

may volume → Результатов: 126


Bitcoin’s Tweet Volume Hits 8-Month High Following Price Surge

Bitcoin’s price surge in May can be largely attributed to positive sentiment towards the digital asset and high-level social media activity. This is because data culled from TheTIE.io, a cryptocurrency analytics platform shows that Bitcoin’s 100-day average sentiment has been positive for the past 101 days while its 30-day average tweet volume rose to an […] The post Bitcoin’s Tweet Volume Hits 8-Month High Following Price Surge appeared first on ZyCrypto.

2019-6-6 08:34


Tether Tops Bitcoin’s Trading Volume Again as USDT Plays Its Part in ‘2019 is the Year of Stablecoins’ Motto

The speculation that 2019 will be the year for all stablecoins seems to have begun already as Tether (USDT) recorded transaction volumes matching the ‘King Coin' Bitcoin (BTC). On the 28th of May 2019, the cryptosphere witnessed USDT's 24hr transaction volume surpass that of Bitcoin (BTC) by about $1 billion, USDT recorded a volume of […]

2019-5-29 18:15


Neo (NEO) Price Prediction for 2019 and Beyond – Hovering Around Crucial Height Searching For Volume Uptick (Mid May Update)

Mid May Update: Technicals 4H NEOBTC The 4H chart shows NEO dancing around a crucial height of 149k which is a junction point of EMA20 and falling trendline of April. Closing a daily candle above the breakout zone of 157k at Fib236 (April-May high lows) and Fib786 (recent May highs and lows) would be a […] The post Neo (NEO) Price Prediction for 2019 and Beyond – Hovering Around Crucial Height Searching For Volume Uptick (Mid May Update) appeared first on CaptainAltcoin.

2019-5-19 20:19


DIPChain ICO

DIPChain aims to facilitate all advantages which the blockchain implementation may give in the area of valuing and trading art as well as funding and investing in artists and artworks. Possibilities of tracking and authenticity of art works can be obtained through blockchain system.

2019-5-16 17:03


CoinGecko’s “Trust Score” to combat fake trading volume; will inject liquidity using online traffic and order-book data

In the wake of several cryptocurrency exchanges misreporting a lot of metrics, market data aggregator, CoinGecko, has decided to take a stand against this fudging of numbers. Announced on May 13, CoinGecko’s “Trust Score” will move from relying on exchange’s reported trading volume to a more wholesome approach including the likes of web traffic and […] The post CoinGecko’s “Trust Score” to combat fake trading volume; will inject liquidity using online traffic and order-book data appeared first on AMBCrypto.

2019-5-15 19:30


Crypto Exchange LMAX Digital Pushes Over 4 Million Trades in a Year, $400 Million Peak Volume

LMAX, the Cryptocurrency exchange has just marked the first anniversary and has completed there 4 millionth trade. The company was launched last May, and since then it has been able to attract about 175 clients across the globe, and from this number around two-thirds are mainly based in the Asian and U.S market. The Platform […]

2019-5-14 18:55


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Ethereum's transaction size falls 54%: Why it's not bad news for ETH

ETH could be close to its bottom after the transaction size failed to spike. While the price might slip, traders are convinced of a quick recovery. On the 19th of May, AMBCrypto observed thaThe post Ethereum's transaction size falls 54%: Why it's not bad news for ETH appeared first on AMBCrypto.

Whale watch: $1B in Toncoin trades shake the market, tracking what's next

Toncoin has seen a surge in whale activity on its network. TON, however, is at risk of a price decline. Toncoin [TON] has witnessed a spike in whale activity on its network in the past few wThe post Whale watch: $1B in Toncoin trades shake the market, tracking what's next appeared first on AMBCrypto.

Predicting how ETH will react IF the SEC approves Ethereum ETFs

Coinbase analyst sees a 30-40% chance of approval for Ethereum ETFs. Ethereum's dominance and performance are at a low, suggesting a need for positive development soon. It is generally belieThe post Predicting how ETH will react IF the SEC approves Ethereum ETFs appeared first on AMBCrypto.

Ethereum sets sights on $4K: Will THIS spark a new rally for ETH?

ETH was up by more than 6% over the last seven days.  A few of the metrics suggested that the bullish momentum might not last.  Ethereum [ETH] caught investors off guard as its price gaineThe post Ethereum sets sights on $4K: Will THIS spark a new rally for ETH? appeared first on AMBCrypto.

Ethereum ETFs progress, but Solana may turn things bearish instead - How?

New data indicated that the likelihood of approval of Ethereum ETFs was relatively high. Ethereum lost market share to Solana, however, the price of ETH continued to surge. Ethereum [ETH] haThe post Ethereum ETFs progress, but Solana may turn things bearish instead - How? appeared first on AMBCrypto.

Fantom Sonic: Will Ethereum integration help FTM's price?

Fantom disclosed that Ethereum would enable the token migration. While FTM's price increased, reaching $1 could be challenging in the short term. Layer-1 blockchain Fantom [FTM] has discloseThe post Fantom Sonic: Will Ethereum integration help FTM's price? appeared first on AMBCrypto.

Avalanche [AVAX] jumps 7% ahead of token unlock: Is $43.50 coming?

Volatility around the token may be low, considering it has previously released 60% of its supply. AVAX might hit $43.50 if the volume continues to back the price action. The price of AvalancThe post Avalanche [AVAX] jumps 7% ahead of token unlock: Is $43.50 coming? appeared first on AMBCrypto.