Crypto News

Market activity the Ethereum futures is growing in anticipation of the July updates

On Friday, kryptoperidinium exchange BitMEX has announced a new quanto futures ETHUSD. Date of expiration of the first contract of this type will come in June. The launch of Ethereum 2.0 will take place in July ― at least, sure of the developers of Ethereum, writes Coindesk.

Long positions in the market indefinite Ethereum futures Bitfinex are also rising in anticipation of the update Protocol. These contracts began to increase significantly from mid-March ― just after the price of air has decreased to about $100.

“As the main source of liquidity ETH, Bitfinex, of course, has a lot of traders who trade in the air,” ― said in comments to CoinDesk technical Director Bitfinex Paolo Ardoino. “The launch of Ethereum 2.0 very closely by investors and other stakeholders”.

Over the counter (OTC) trading platforms there is also growing demand for broadcast from investors.

“We had a decent stream of purchases ETH in mid-March, when several major investors took the position before the upcoming update Ethereum 2.0,” said Ricky Lee, a former top Manager of CME Group and co-founder of the cryptocurrency the company Altonomy, which operates in the OTC market. However, please mark Whether the volume of purchases of bitcoin is still “outshines” other cryptocurrencies.

According to the analyst Messari Wilson Vizima, after the previous delays with the launch of Ethereum 2.0 community has become more “cautiously optimistic”.

“The launch of Ethereum 2.0, the network has too many variables that developers may not consider at the moment,” said Viziam in comments to CoinDesk. “But the community is generally enthusiastic about staking of the ether, and if the launch will be postponed again, this should not greatly affect the attitude of the community to staking”.


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