Next Set of CME Bitcoin Futures Contracts Expire Today: What Can We Expect?

2018-10-26 20:25

Back in December 2017, Bitcoin reached an all-time high after the Chicago Mercantile Exchange (CME) and the Chicago Board Options Exchange (CBOE) launched Bitcoin futures trading.

The trading of Bitcoin futures contracts takes place in periods of three months. The trading of these contracts started on July 30th, and after three months, today is the last day of trading. The trading of the CME Bitcoin futures will be halted around 4:00 pm London time.

According to some cryptocurrency experts, when Bitcoin futures contracts are close to expiring, the cryptocurrency market becomes more volatile or less active. On the matter, Thomas Lee, Fundstrat Global CEO, said:

“Bitcoin sees dramatic price changes around CBOE futures expirations. This was something flagged by Justin Saslaw at Raptor Group. We compiled some of the data and this indeed seems to be true. A broader observation is there is significant volatility around these expirations.”

At the moment, Bitcoin is in a very stable period. During the last 10 days, its price fluctuated between $6,300 and $6,700. If we extend this to the last 2 months, we see that Bitcoin fluctuated between $6,200 and $6,800. This could be related to the fact that speculative investors left the market. Furthermore, trading volume has also fallen to the lowest point in months.

Since CME Bitcoin Futures expire today and we enter in a new period of investment products, we could see an increased volatility in the market. The next Bitcoin futures contracts expiring will be on November 30.

In the coming months, a Bitcoin ETF might be approved by the U.S. Securities and Exchange Commission (SEC) and the Bakkt platform will be launching in December. Investors should also follow closely which will be the impact of these events in the cryptocurrency market.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 66250.57 (-0.12%)
Объем 24H $31.371b
Изменеия 24h: 0.08 %, 7d: 5.28 %
Cегодня L: $65194.83 - H: $66400.52
Капитализация $1305.1b Rank 1
Цена в час новости $ 6358.96 (941.85%)

bitcoin contracts trading futures chicago months exchange

Источник: bitcoinexchangeguide.com

bitcoin contracts → Результатов: 126


Фото:

Morgan Stanley To Give Clients Bitcoin Trading Options

US multinational investment bank Morgan Stanley is preparing to offer Bitcoin swap trading for its clients, unconfirmed sources report on September 13. Sources Say Morgan Stanley Preparing Swap Trades Citing “people familiar with the matter” in an article from Bloomberg reporter Alistair Marsh, Business Insider’s Frank Chaparro revealed the giant “plans to offer trading in complex derivatives” linked to Bitcoin .

2018-9-13 15:00


Фото:

DevCon 4 Will Set the Stage for Ethereum’s Next Milestone: Constantinople

Ethereum is embracing the Constantinople milestone at the end of November 2018, after DevCon4 in Prague. Constantinople is the latest Ethereum release, introduced through a hard fork, that will include five Ethereum Improvement Proposals (EIPs):Bitwise shifting instructions (EIP 145) in the Ethereum Virtual Machine (EVM) allow for direct manipulation of bytes on the EVM layer.

2018-9-11 18:15


Фото:

Crypto Facilities представила бессрочные фьючерсы на криптовалюты

Криптовалютная торговая платформа из Великобритании Crypto Facilities запустила торги бессрочными фьючерсными контрактами на криптовалюты bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC) и Bitcoin Cash (BCH) в паре с американским долларом, а также XRP/BTC.

2018-9-3 14:29


Фото:

California Passes Bill Defining Blockchain and Crypto Terms

A draft law designed to amend California’s legislation to create legal grounds for the implementation of crypto-related technologies has been passed by the state’s legislature. Assembly Bill 2658 amends the California Civil Code, Government Code, Corporations Code, and Insurance Code to legalize the use of blockchain secured data and smart contracts in local and foreign […] The post California Passes Bill Defining Blockchain and Crypto Terms appeared first on Bitcoin News.

2018-9-3 14:05


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Eclipse Labs appoints new CEO after investors ‘urge’ founder to resign

Eclipse Labs replaced Neel Somani with Vijay Chetty as the firm's new CEO Investors, led by Hack VC, could have played a role in the change in management  Eclipse Labs has replaced its founThe post Eclipse Labs appoints new CEO after investors ‘urge’ founder to resign appeared first on AMBCrypto.

Is Arbitrum's latest record good news for ARB's price? Metrics say...

Arbitrum active addresses registered figures of 900,000 for consecutive days ARB's market trend has continued to fall though Arbitrum is in the news today after it seemed to solidify its posThe post Is Arbitrum's latest record good news for ARB's price? Metrics say... appeared first on AMBCrypto.

XRP whales add $55 million, but the price falls again - What's happening?

XRP whales have increased their accumulation of the token over the last 14 days However, this failed to affect the altcoin's price positively XRP's price has maintained a downtrend on the chThe post XRP whales add $55 million, but the price falls again - What's happening? appeared first on AMBCrypto.

Countdown to Notcoin's Binance listing - Will NOT and TON profit from it?

78% of NOT’s total supply will be allocated to miners  TON turned bearish as its price dropped by more than 3.5% The wait for the much-hyped Notcoin [NOT] launch is about to end soon. As The post Countdown to Notcoin's Binance listing - Will NOT and TON profit from it? appeared first on AMBCrypto.

Ethereum's latest buy signal - Are ETH whales buying yet?

Ethereum’s exchange reserves hiked over the past week Most metrics suggested that ETH might continue to rally  The crypto-market has turned bullish over the last 36 hours, allowing most cThe post Ethereum's latest buy signal - Are ETH whales buying yet? appeared first on AMBCrypto.

Bitcoin Price Surges On Positive CPI Numbers

Bitcoin has surged above $66,000 briefly today as global markets jumped following April’s Consumer Price Index , which came in lower than expected at 0.3%, according to data from the U.S. Bureau of Labor Statistics