Tag: Derivatives

Bad news continues to dominate crypto media headlines but Bitcoin and the wider market appear to not care. Despite the recent negative crypto and macroeconomic newsflow, the total cryptocurrency market capitalization broke above $1 trillion on Jan. 21. An encouraging sign is that derivatives metrics are not showing increased demand from bearish traders at the…

Bitcoin price continues to press higher this week as demand for stablecoins and a key BTC price metric suggests bulls have a “healthy appetite.” Bitcoin rallied 11% between Jan. 20 and Jan. 21, reaching the $23,000 level and shattering bears’ expectations for a pullback to $20,000. Even more notable is the move brought demand from Asia-based…

Goldman Sachs, a Wall Street investment bank, is reportedly in talks with crypto exchange FTX as it plans to integrate a few features of its derivatives businesses. The CEOs of the two companies met in the Caribbean to discuss a potential partnership. Also, Goldman Sachs might work with FTX to help the exchange to achieve…