Why CME wants phone traders slinging leveraged Nvidia contracts at 3 AM after earnings drop
At 4:05 pm in New York, a large tech company releases earnings. The main stock session has ended, executives begin their conference call, and billions of dollars start shifting through every instrument connected to the company. Shares move across extended-hours venues, options desks recalculate volatility, index…
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The free ride for VanEck’s Bitcoin ETF is officially over after falling $1.4 billion short of growth target
The 0.20% sponsor fee applies after July 31, putting HODL level with BITB but one basis point above EZBC. The post The free ride for VanEck’s Bitcoin ETF is officially over after falling $1.4 billion short of growth target appeared first on CryptoSlate.
If Bitcoin breaks $62k over the weekend, a $1.1B short overhang stands ready to pull price down to $60k
Bitcoin enters the weekend near $62,900, less than 1% above the July 31 intraday low, and Deribit has already settled roughly $9.6 billion in monthly Bitcoin options. The venue settles monthly contracts at 08:00 UTC on the last Friday of each month, and live expiry data placed July’s Bitcoin notional near $9.7…
Everyone has the perps convergence backwards
Crypto is said to be growing up to look like Wall Street. The evidence in its biggest market points the other way, argues Bitget CEO Gracy Chen.