CME Crypto Futures Volume Hits Record 795K Contracts Amid Volatility

CME Group broke its single-day record for cryptocurrency futures and options trading, logging 794,903 contracts on November 21, the company said. The spike, which surpasses the previous record set in August, highlights a surge in demand for regulated crypto derivatives during a time of heightened market volatility. The Chicago-based exchange has seen activity in its…

Read More

China Returns as Third Largest BTC Mining Hub With a 14% Share: Reuters

Bitcoin BTC$86,137.94 mining is experiencing a significant revival in China even though the activity was formally banned in 2021, according to Reuters. After almost disappearing from the global landscape, China has climbed back to the third position with an estimated 14% share of global mining by October, according to Hashrate Index. This resurgence is driven…

Read More