Bitcoin futures the CBOE and CME fail. What's going on?

Date:

2019-02-10 15:30:07

Views:

2960

Rating:

1Like 0Dislike

Share:

Bitcoin futures the CBOE and CME fail. What's going on? Source:

A New study TradeBlock shows that during the peak in the summer of 2018, the aggregate volume of trading almost reached parity with the performance of spot markets in five major US exchanges. However, since the volume of trade has decreased significantly. In December 2018, i.e. one year after the launch of these trading tools, exchanges, fixed the lowest amounts of trading in futures on . Moreover, the majority of transactions falls solely on CME. Initially, two sites were side by side, but in February of 2018, the distance between them beginning to grow steadily.

Recall that the peak indicators took place in July 2018, when the volume of futures trading exceeds $ 5 billion. At the same time, indicators of spot markets for digital currency exchanges in the United States fell. For the five largest cryptomeria USA — Coinbase, itBit, Kraken, Bitstamp and Gemini — he collapsed dramatically from 20 to $ 5 billion.

In the period from January to October of 2018, the volume of spot trading following the trend price of Bitcoin fell by 85 percent. However, by the end of 2018 volumes have begun a gradual upward movement.

Source: Bloomberg

After the peak of the futures market in July and August of 2018 volumes fell in September by almost half, and since then has been steadily declining. From downtrend has beaten only November, when volumes grew on the back of high volatility and number of price breakouts. A decrease in futures trading in the second half of 2018, in conjunction with the reconstruction of spot markets led to the progressive development of spot trading in early 2019.

It is Important to note about scheduled for 2019 launch of several products futures with Bitcoin companies by type , ErisX and CoinFLEX. Will be interesting to see how these events will affect the volume, given their widespread coverage in the media. More data to search for .

Recommended

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...

Rally Bitcoin — deception. Well-known economist advises to invest in gold

Rally Bitcoin — deception. Well-known economist advises to invest in gold

Director of Euro Pacific Asset Peter Schiff does not see anything supernatural in growth . Recall that the main cryptocurrency has already risen by 179 percent since the beginning of 2019 and is now trading at the level of $ 8540. According to Schiff...

May 2Miners: run pools Aeternity, the debut 2CryptoCalc and software upgrades

May 2Miners: run pools Aeternity, the debut 2CryptoCalc and software upgrades

the Last month of spring proved to work. The team started working on launching (AE), the addition of which the majority voted representatives of the community. Calculator profitability of mining Alexei Rubin moved to the domain and now will develop e...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in...

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...

Hacker 1337. How to hack Etherscan not to cause any harm

Hacker 1337. How to hack Etherscan not to cause any harm

Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...

Trader: the rise of Bitcoin 10% opened the way to new bullrun

Trader: the rise of Bitcoin 10% opened the way to new bullrun

on the Eve suddenly jumped up by as much as ten percent after a few weeks of activity of bears in the market. The main crypto currency broke through a major resistance zone in the area of $ 3,500. Rebound of such power aroused the...

Prohibited content: unknown published in the Bitcoin blockchain SV child porn

Prohibited content: unknown published in the Bitcoin blockchain SV child porn

again appeared on the bands West of the crypto media. At this time the project Craig Wright is accused of distributing child pornography. One of the users BSV posted a picture in the blockchain cryptocurrencies. «Discovery&#...

The number of Bitcoin transactions has jumped to the level of January 2018. The market comes alive

The number of Bitcoin transactions has jumped to the level of January 2018. The market comes alive

According Transactionfee.info daily volume of transactions on the network increased to levels January 2018 — shortly after the main price of bitcoin has reached 20 thousand dollars. According to some key players in the industry, i...

Will growth: why rejoice in yesterday's Pampa Bitcoin is too early?

Will growth: why rejoice in yesterday's Pampa Bitcoin is too early?

on Friday, the price for the first few weeks rushed up from 10.5 percent. Trade BTC/USD set a new local maximum in the area of 3710 dollars, and then fell back below. From the point of view of fundamental factors the reason for th...

Ultimately, the Bitcoin ETF is approved. The words of SEC Commissioner

Ultimately, the Bitcoin ETF is approved. The words of SEC Commissioner

government news resource Roll Call published an interview with Robert Jackson, Jr. The Commissioner believes the SEC will still get the Commission's approval. He hopes that someone in the end will satisfy the SEC's requirements. S...

Bitfinex has resumed after an unclean shutdown. Money safe

Bitfinex has resumed after an unclean shutdown. Money safe

Today, Hong Kong-based crypto currency exchange Bitfinex using Twitter is advised to temporarily disable trading platform for all users because of the significant surge of CryptoRandom. It was initially reported that the platform ...

Tron was ahead of Ethereum in popularity in Google Trends. The gap is growing

Tron was ahead of Ethereum in popularity in Google Trends. The gap is growing

According to the latest data, collects more requests to Google than , and the preponderance continues to increase. According to representatives of the Dapp Review, in the top 50 of the ecosystem of decentralized applications 23 pr...

Chanpen Zhao: Binance can survive any bear market

Chanpen Zhao: Binance can survive any bear market

the Billionaire, Chanpen Zhao ready for anything — according to him, Binance can survive any bear market. The case of the trading platforms are so successful that even the rapid decline couldn't cause it significant damage in fina...

Cryptoprocta TON from Telegram's almost ready. When will launch?

Cryptoprocta TON from Telegram's almost ready. When will launch?

Open Network Telegram TON may go down in history of cryptosphere as the most secretive but well-funded project to date. Last year ICO popular messenger Telegram whopping $ 1.7 billion sale of tokens Gram to a restricted list of in...

Will have to wait: Ethereum will drop to $ 90 before the Grand growth

Will have to wait: Ethereum will drop to $ 90 before the Grand growth

the stock market is now more reminiscent of a lifeless desert, because the period of low volatility of cryptocurrency is strongly reflected in the dynamics of the auction. as long as you hold above 3400 dollars and did not fall be...

What altcoins will increase in February? Analysts forecast

What altcoins will increase in February? Analysts forecast

the Service published the results of its latest monthly poll of leaders of kryptonyte and FINTECH experts. The overall trend is quite positive — many believe in the imminent growth of digital assets, but in a strong bullish predic...

For the growth of cryptocurrencies need not ETF. The opinion of the CEO Binance

For the growth of cryptocurrencies need not ETF. The opinion of the CEO Binance

the General Director of the leading cryptocurrency exchanges Binance Chanpen Zhao said that the ETF for the cryptocurrency cannot be a panacea. This opinion he expressed during the broadcast of the Periscope. In his opinion, the i...

Judge: capturadora waiting for another round of pain

Judge: capturadora waiting for another round of pain

it would Seem that the stock market has already passed through fire, water and copper pipes. As it is not so. Fundstrat Global Advisors analyst Robert Slamer said that the worst of times for the crypt is yet to come. In his opinio...

ASIC miners made it to Monero. Hasrat network has increased dramatically two times

ASIC miners made it to Monero. Hasrat network has increased dramatically two times

Over the last month has increased two times, which raised suspicions within the coins. Some commentators point to the apparent presence of Asimov network Monero. If this is true, then soon the XMR developers will have to spend har...

Mt. Gox returns. Why would anyone need a Gox Coin?

Mt. Gox returns. Why would anyone need a Gox Coin?

the hacking of the exchange Mt. Gox suffered 24 thousand people. Then 850 thousand bitcoins, which was equivalent to 460 million dollars. The situation is evolving: a new movement called GoxRising urges rapid rehabilitation plan o...

Litecoin makes a step forward Mimblewimble. The team now collaborates with the Beam

Litecoin makes a step forward Mimblewimble. The team now collaborates with the Beam

the Team is actively working on the implementation of privacy and interoperability. The company entered into cooperation with what now they will work together on the implementation . One of the goals is to improve privacy in the c...

The Ethereum hold above $ 100. What do the traders?

The Ethereum hold above $ 100. What do the traders?

the Price again went to a local adjustment. Fortunately, the bulls manage to hold the psychologically important level in 100 dollars. If this trend will continue in the future, it makes sense to count on growth of the asset in the...