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CME's Micro Bitcoin Futures Go Live for Trading


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The CME micro Bitcoin futures allows retail players and individual crypto investors to deal with small-sized contracts thereby ushering more market liquidity while giving the smaller players equal exposure to a regulated environment.
On Monday, May 3, the Chicago Mercantile Exchange (CME) announced the launch of the Micro Bitcoin Futures in a move aimed at expanding its crypto derivative products. Over the last year, Bitcoin has gained significant price appreciation and momentum.
Thus, the demand for Bitcoin derivative products has also surged. While CME was indeed the first to launch the Bitcoin Futures, it was largely available only to institutional players. The cash-settled CME Bitcoin futures is one of the most popular Bitcoin derivative products. ....

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'Micro Bitcoin Futures' Offer Expanded Opportunities for Crypto Investors


Micro Bitcoin Futures Offer Expanded Opportunities for Crypto Investors
On 5/3/21 at 3:50 PM EDT
The smaller contracts will allow participants to hedge spot Bitcoin risk.
Since the launch of our Bitcoin futures contract in 2017, we have seen steady, ongoing growth of liquidity and market participation in our crypto derivatives, especially among institutional traders, Tim McCourt, CME Group Global Head of Equity Index and Alternative Investment Products, said in a statement.
A woman walks past the entrance of a cryptocurrency exchange office on April 16, 2021 in Istanbul, Turkey. Cryptocurrency has seen wider industry acceptance this year.
Chris McGrath/Getty
The introduction of micro Bitcoin futures responds directly to demand for smaller-sized contracts from a broad array of clients and will offer even more choice and precision in how participants can trade regulated Bitcoin futures in a transparent and efficient manner, the statement read. ....

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Ethereum Price Analysis: ETH to retest $1,000 once this barrier is cleared


Dec 17, 2020 08:12 GMTCrypto News
ETH hit a new high of 2020, however, the bullish potential is not exhausted yet.
A move above $780 will open up the way to $1,000.
ETH hit a new record for 2020 and reached the highest price since May 2018 at $658 fuelled by ETH futures launch on CME and a strong Bitcoin rally to a new all-time high. 
At the time of writing, Ethereum (ETH) is trading at $645. The coin has gained over 10% on a day-to-day basis. The second-largest digital asset with the current market capitalization of $73 billion registered an average daily trading volume of $17 billion.
ETH lived through a stellar November and may be in for a strong December as fundamental and on-chain metrics imply that the bullish momentum is not over yet. ....

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