SGX’s bitcoin BTC$90,494.54 and ether ETH$3,125.08 perpetual futures have become increasingly popular since their debut two weeks ago, and that growth represents new liquidity rather than cash redirected from elsewhere, said Michael Syn, president of the Singapore exchange holding company. The products, cryptocurrency derivatives that allow institutional traders to speculate on the price of an …
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Tag:liquidity
Bitcoin Steadies Around 90k With Liquidity Drained and a Fed Cut Fully Priced In
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin is hovering around 90k after a weekend of sharp but short-lived …
Continue reading Bitcoin Steadies Around 90k With Liquidity Drained and a Fed Cut Fully Priced In
A sudden $13.5 billion Fed liquidity injection exposes a crack in the dollar that Bitcoin was built for
The number didn’t look dramatic at first glance ($13.5 billion in overnight repos on Dec. 1), but for anyone who watches the Federal Reserve’s plumbing, it was a noticeable spike. These operations rarely break into headlines, yet they drive the liquidity currents that shape everything from bond spreads to equity appetite to the way Bitcoin …
Continue reading A sudden $13.5 billion Fed liquidity injection exposes a crack in the dollar that Bitcoin was built for