Derivatives
Market Wrap: Short Seller Liquidations Help Push Bitcoin Beyond $9,500
Bitcoin is riding high as short sellers in the crypto derivatives market get squeezed out, triggering automatic buy orders.

Genesis Hires Ex-Galaxy Digital Staffer to Run New Derivatives Trading Desk
The derivatives desk will expand the company’s suite of products as it aims to attract more institutional clients to its newly acquired prime brokerage arm.

Bitcoin Options: Deribit Exchange Sees Record Open Interest of $1B
Open interest in bitcoin options listed on the Panama-based exchange jumped to a record $1 billion Tuesday, according to data from Skew.

Crypto Long & Short: Mining Derivatives Point to Growing Sophistication
Noelle Acheson picks apart trends in global interest and trust in crypto asset technology, and revisits the growing financialization of bitcoin mining.

Popular BTC Derivatives Product Goes Live on DeFi's dYdX
Andreessen Horowitz-backed dYdX released its Bitcoin Perpetual Contract out of private alpha on Wednesday, bringing a key BTC derivatives product to DeFi.

First Mover: Derivatives May Have Blunted the Halving's Volatility Spike
The anemic price action surrounding bitcoin's third halving has led to head-scratching over why the cryptocurrency didn't moon. One possibility: Derivatives are bringing more price discovery.

CME Says Volume Surge Shows Strong Institutional Interest Before Bitcoin Halving
A surge in bitcoin derivatives suggests institutional investors are getting bitcoin exposure ahead of the halving, the Chicago exchange says.

Bitfinex Now Has a Derivatives Contract Offering Exposure to Bitcoin Dominance
Bitfinex says the perpetual swap provides investors with a less volatile form of exposure compared to a plain-vanilla bitcoin futures contract.

Market Wrap: Derivatives May Reduce Miner Selling Pressure After Bitcoin Halving
The crypto derivatives market is helping to hedge the uncertainty on which way the bitcoin market will go when miners have less revenue post-halving.

First Mover: US Arms of Binance, FTX Push Into Margin Trading, but Likely Not at 100x
Binance.US and the soon-to-launch U.S. unit of FTX aim to offer cryptocurrency margin trading in the American market, but won't be able to provide leverage to the degree offered by overseas competitors.
