CFTC allows developers to build passive crypto derivatives software and...
SEC’s ‘Innovation Exemption’ Excludes The Synthetic Tokens Fueling Crypto’s Stock Craze
XRP News: Garlinghouse Says XRP and Ripple’s Business Unaffected by Failed Clarity Act Vote
SpaceX Discussing Purchase of AI Model Data from Failed Startup
Trump-Backed ABTC Stock Jumps 9% as BTIG Sets $15 Target
XRP Open Interest Plunges 32% on Binance as Spot Sellers Beat Buyers
1,757 $BTC (134,944,910 USD) transferred from unknown wallet to Coinbase...
268,000,000 $USDC (268,214,400 USD) transferred from Coinbase Institutional to...
MarsCat’s MCAT Surges 186% as Trading Activity Jumps
FCA Targets Three More London Sites Over Unregistered P2P Crypto Trading
5,584 $BTC (429,292,850 USD) transferred from unknown wallet to unknown wallet...
Live from Avalanche Summit in New York - Day 2
ZEC Futures Open Interest Rises 29% Amid Concentrated Long Positions
Hewlett Packard Enterprise Shares Rise 9% Amid AI Hardware Surge
U.S. Defense Secretary Pete Hegseth says classified Bitcoin and crypto...
Pentagon Advances Classified Bitcoin and Crypto Projects for 'Strategic Advantage'
Waters Slams CLARITY Act Over Trump’s Crypto Interests
1,188,752 $SOL (120,044,730 USD) transferred from unknown wallet to unknown wallet...
Clarity Act Faces Urgent Need for Passage Amid Regulatory Developments
UK signals end of 'light-touch' era with multi-agency raid on peer-to-peer crypto hubs
U.S. SEC begins prepping for around-the-clock trading that crypto treats as the norm
Nvidia To Build For Apple? How Will The Stock Market React?
ZEC Cryptocurrency Surges Over 15% to Reach $1,443
Former SEC Chair Gary Gensler Identifies Bitcoin as the Only Commodity-like Cryptocurrency
Onchain Credit Reaches Record High as DeFi Lending Surpasses $41 Billion
U.S. CFTC ISSUES NO-ACTION POSITION TO PROVIDERS OF PASSIVE SOFTWARE"THE LETTER STATES...
Bitcoin Price Prediction: Is BTC About to Break Above $80K or Crash Below $72K?
35,565 $ETH (87,895,321 USD) transferred from Coinbase Institutional to unknown new...
1win Adds Provably Fair Technology to Its Crypto Games
House Tax Panel Fast-Tracks Crypto Tax Bill a Day After Clarity Act's Senate Defeat
SEC Approved Limited Onchain Trading of Tokenized Stocks
Crypto for Advisors: Beyond bitcoin and ether
SEC Grants Five-Year Exemption for Tokenized U.S. Stock Trading
Lawmakers pass bill to freeze federal Bitcoin holdings for two decades
Vitalik Says AI Could Strengthen Cybersecurity
SEC Clears a Path for Tokenized Stocks After Clarity Act Stumbles
Clarity Act failure may hamper U.S. crypto as industry seeks legal clarity elsewhere
35,862 $ETH (88,732,406 USD) transferred from unknown wallet to Coinbase...
RoboTech Founder Warns AI Cannot Be Trusted Without Proof
U.S. SEC Chairman Announces Innovative Exemptions to Foster Financial Innovation
OpenAI Flags Six Disturbing Cases of AI Gone Rogue
Michael Saylor Highlights Breakthrough in Tokenized On-Chain Trading
Hyundai Card Sets Its Sights on a Stablecoin Breakthrough
Bitcoin, Ether ETFs Lose $520M as XRP Bucks Fed Rate-Hike Selloff
Experts Counted World’s Crypto Millionaires and Billionaires: How Many of Them Hold Bitcoin
CFTC Expands No-Action Relief to Crypto Trading Software Providers
Abra Enhances Partnership with Fireblocks for Strategy Token Custody
Market for Tokenized Traditional Assets Surpasses $35 Billion
CFTC Provides Regulatory Relief for Passive Software Providers in Derivatives Trading
Arc Chain’s $410 Million Debut Takes an Unexpected Turn
What Is Arc? The Stablecoin Blockchain From USDC Issuer Circle
54,556 $ETH (134,402,708 USD) transferred from unknown wallet to unknown wallet...
Regulatory Uncertainty Grows for Cryptocurrency Following Clarity Act Vote
Seven Senate Democrats who voted against advancing the CLARITY Act say...
World Launches Financial Super App 'World Money'
Robinhood Executive Highlights SEC's Innovation Exemption as Key for Tokenization in the U.S.
U.S. SEC Chairman Announces Plans for 24-Hour Stock Trading and Tokenization Benefits
"There’s not enough block space," Avalanche Treasury CEO Bart Smith told at
Senate Democrats Seek New CLARITY Talks
200,010,000 $USDC (200,170,007 USD) transferred from unknown wallet to unknown...
Mara Holdings Clarifies Bitcoin Transfer Was Loan Repayment, Not Purchase
Bitdeer Sells Over 1,500 Bitcoin for $105 Million Amid Strategic Shift
SEC Grants Temporary Exemption for Tokenized Stocks in U.S. Market
SEC Division of Trading and Markets: US Stock Market to Further Move Toward 23×5 Trading from December 6
S&P Global Agrees to Acquire OpenZeppelin
World is rolling out World Money, a financial "super app" spanning stablecoins,
101,600,892 $XRP (132,305,422 USD) transferred from unknown wallet to unknown...
Chainlink Connects 600+ Banks to Onchain Payments
JPYC Suspends Ethereum and Polygon Minting Amid Glitch and Rising Demand
Bitcoin Futures Market Sees Significant Shift Away from Coin-Margined Contracts
The Bitcoin futures market is undergoing a notable transformation as the proportion of contracts backed by Bitcoin itself has dramatically decreased. Data from Glassnode indicates that the share of Bitcoin futures open interest that is coin-margined has fallen from approximately 70% in early 2021 to around 12% by mid-2026. This shift is significant as it alters the risk management landscape within the cryptocurrency derivatives market.
Historically, using Bitcoin as collateral posed risks during price declines, as both the asset and the collateral would lose value simultaneously. This created a feedback loop that could exacerbate market downturns. In contrast, contracts backed by stablecoins or USD maintain their value regardless of Bitcoin's price fluctuations, thereby stabilizing margin ratios and reducing the likelihood of cascading liquidations during sell-offs.
The trend away from coin-margined contracts has been consistent across major trading platforms, including Binance, Bybit, and OKX, and has persisted through various market cycles. This structural change is seen as a positive development for institutional investors, as it aligns the cryptocurrency market more closely with traditional finance risk frameworks, making it more comprehensible and manageable for risk managers.
Overall, the decline in coin-margined contracts is expected to enhance market stability, simplify portfolio management for traders, and reduce the systemic risks previously associated with Bitcoin futures trading. As the derivatives market evolves, the implications for both retail and institutional participants are likely to be significant.
Source: KLEA News