Deribit

The post Bitcoin Funding Rates Surge On DyDx And Deribit Following $63K Breakout: Will Bulls Avoid A Top? appeared first on Coinpedia Fintech News Following bearish pressure over the last week, Bitcoin price has finally broken above its consolidation range. BTC price surged above the $63K mark and has triggered a wave of short-liquidations. In recent weeks, Bitcoin experienced volatility following the highly anticipated halving event, with prices fluctuating unpredictably. Despite this sideways movement, analysts remain bullish about Bitcoin’s price…

Deribit FZE, the Dubai entity of crypto derivatives firm Deribit, announced it received a conditional Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Asset Regulatory Authority (VARA). The platform will also relocate its global headquarters to Dubai.   Deribit FZE secured a conditional Virtual Assets Service Provider license from Dubai’s financial regulator. The conditional license allows Deribit to offer VA Exchanges Services and covers both spot and derivatives trading. The license, however, is non-operational until Deribit satisfies the VARA’s remaining…

Crypto futures are derivative products in the form of a contract. Two parties commit to either sell or buy a cryptocurrency on a specific date in the future at a predetermined price. In essence, Crypto futures allow traders to speculate on the future magnitude and cost of an Asset. The trading volume of crypto futures has grown rapidly since the Chicago Board Options Exchange launched the first Bitcoin futures contract in 2017 (Cboe). So let's look at the best exchanges for…