Derivatives


Markets

FTX Follows Binance's Lead With Move Into Tokenized Stocks

Sam Bankman-Fried’s FTX will allow users to trade tokenized stocks of companies such as Facebook, Google, Netflix, Nvidia, PayPal and Tesla.

FTX CEO Sam Bankman-Fried

Markets

BitMEX Hires Former JPMorgan Executive Director as Head of Custody

BitMEX said the appointment forms part of the firm's "beyond derivatives" strategy.

BitMEX

Markets

Polychain, Pantera Back $14M Funding Round for DeFi Derivatives Platform SynFutures

Bybit, Wintermute, CMS, Kronos and IOSG Ventures also kicked in.

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Markets

Open Positions in Bitcoin Futures Rise to 1-Month High

Open interest rose to $13.1 billion after being in the $10.5 billion to $13 billion range.

Commodities

Markets

Bitcoin 'Options Smile' Shows Market Fearful of Downside Despite Tesla News

Bitcoin option's smile shows persistent fears of deeper drop and low expectations for a quick rally.

Bitcoin's "options smile" looks more like a smirk.

Markets

Binance Extended Crypto Exchange Dominance During May Trading Frenzy

Binance led competitors in May with a monthly trading volume of $2.46 trillion, up 49% from April levels.

Binance CEO Changpeng "CZ" Zhao

Markets

Open Positions in CME-Based Bitcoin Futures Slump to 5 1/2-Month Low

Open interest in the CME's standard bitcoin futures contract has hit the lowest since mid-December.

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Markets

Bitcoin Drops Below $31K Before Rebounding; $8B in Liquidations Triggered

The price of bitcoin is now down more than 30% so far in May, on track for its worst month since November 2018.

The bitcoin price has slipped below the key 200-day simple moving average.

Finance

Polkadot-Based Derivatives Exchange Raises $6.4M at $50M Valuation

Su Zhu’s Three Arrows co-led the funding round for dTrade. The project looks to decentralize crypto derivatives trading.

dTrade co-founders Niko Grzesiak, Rabeel Jawaid and Zabi Mohebzada