Bitcoin Cash explodes toward $350 on CME futures plans, Zcash pushes its massive rally into overbought territory, while Uniswap and Shiba Inu face sharp resistance after their latest breakouts.
U.Today•Arman Shirinyan22h ago
Bitcoin Cash surged on CME futures plans as rising leverage accompanied a bullish structural shift.
AMBCrypto•Erastus Chami23 Sept
Bitcoin Cash just had the kind of day altcoins rarely get. BCH tore from the $260s to above $360 after CME Group confirmed it is listing Bitcoin Cash futures, dragging short sellers out of their positions on the way up. Claude AI predicts BCH has further to run on the institutional story behind the move,..
99Bitcoins•Fatima23 Sept
CoinDesk•Shaurya Malwa23 Sept
Bitcoin Cash (BCH) and Uniswap (UNI) surged sharply after derivatives marketplace CME Group announced new futures contracts listing.
U.Today•Tomiwabold Olajide23 Sept
Bitcoin is holding near the $87,000 level as recovery continues across the cryptocurrency market, with several altcoins posting sharp gains. BTC reached an intraday high of about $87,265 on Sep. 23 and has remained around the $86,950 range since then. The wider crypto market briefly regained a $3 trillion valuation
TheNewsCrypto•Sarala23 Sept
CME Group has announced the launch of Bitcoin Cash and Uniswap futures on October 19, pending regulatory review. The derivatives marketplace is expanding its cryptocurrency product suite in direct response to client demand for regulated risk management tools across high-liquidity altcoin markets. Both assets will be available in larger and
TheNewsCrypto•Sarayu Krishna23 Sept
CME Group will launch regulated Bitcoin Cash and Uniswap futures on October 19, expanding its growing crypto derivatives lineup.
The surge in Bitcoin Cash highlights the potential for increased institutional adoption, which could drive broader market interest and investment.
CryptoBriefing•Editorial Team22 Sept
The exchange operator is adding standard and micro contracts for BCH and UNI, extending a pattern of altcoin rollouts that already covers Cardano, Chainlink, Stellar, Avalanche, and Sui.
Bitcoin Cash gained 14% in the hour CME Group said it would list futures on the token and kept climbing through the afternoon, finishing the session up 27% on more than twice Monday's volume. Bitcoin SV rose 20% alongside it. Uniswap, named in the same release, spiked 11%, gave the whole move back
The Defiant•The Defiant Team22 Sept
CME Group has announced plans to launch bitcoin cash futures contracts, triggering a 30% surge in the cryptocurrency’s price to $345. BCH Outperforms Market on Derivatives Expansion Bitcoin cash (BCH) broke through $300 Tuesday for the first time in nearly three months after CME Group announced plans to add the token and Uniswap (UNI) to […]
Bitcoin.com News•Terence Zimwara22 Sept
The two contracts would take the exchange's single-token crypto lineup to eleven, seven of them added this year.
The Defiant•The Defiant Team22 Sept
The exchange will offer standard and Micro contracts, covering 250 BCH and 25 BCH, and 10,000 UNI and 1,000 UNI, respectively.
The Block•Jason Shubnell22 Sept
CME's expansion into crypto derivatives signals increased institutional interest and could enhance market stability and risk management.
CryptoBriefing•Editorial Team22 Sept
CME Group will add Bitcoin Cash (BCH) and Uniswap (UNI) futures to its crypto derivatives lineup on October 19, pending regulatory review. UNI jumped about 5% within minutes of the announcement, while BCH climbed nearly 10%. The world’s largest derivatives exchange confirmed the contracts on Tuesday. Each token will trade in a standard size and
BeInCrypto•Harsh Notariya22 Sept
CME's expansion into Bitcoin Cash and Uniswap futures could enhance institutional participation and risk management in evolving crypto markets.
CryptoBriefing•Vivian Nguyen22 Sept
SET:BCH has bounced from the demand zone twice, showing that buyers are still defending this area. But even after the recovery, price is still trading below the descending trendline, which remains the main barrier for the bullish move. Now BCH is trying to push higher again. The key confirmation is a strong green candle breaking the descending trendline and the nearby resistance together. If buyers can close above that area and hold it, the current recovery can develop into a stronger upside move. For now, the demand zone remains important. Hold there + strong breakout above the trendline = bullish continuation setup. A rejection from the trendline/resistance would keep the structure under pressure.
A single failed Senate vote this week wiped nearly 4% of the entire crypto market's value , and over 500 million dollars in forced liquidations across the market in the hours that followed. Bitcoin fell. Ethereum fell. Chainlink, Aave, Bitcoin Cash, Aptos, Ethena- every major name fell, most of them with no company-specific news of their own at all. This wasn't a hack, scandal, or technical failure - this was a legislative procedure vote that didn't pass. This article goes over exactly what happened, why leverage turns a political disappointment into a violent marketwide selloff , and why some coins fell far harder than others during the event. What actually happened The Senate failed to advance the CLARITY Act , a bill meant to set clearer regulatory rules for the crypto industry here in the US. Crypto markets had priced in progress toward this legislation, since regulatory clarity has been one of the biggest overhangs preventing broader institutional adoption for years. When the vote failed to advance the bill forward, that progress did not materialize, and the market reacted quickly. At the same time, rising odds of a Federal Reserve rate hike were already weighing on risk assets across the board. These two things - a disappointing regulatory outcome and rising expectations of tighter monetary policy - came together to form a single, sharp, risk-off move for the entire crypto market simultaneously. Why a bill not passing crashes coins that have nothing to do with the bill It's easy to confuse new traders as to why this happened. Chainlink, Aave, and Bitcoin Cash have entirely different use cases, teams, and fundamentals. None of them are directly regulated or affected by this specific legislation any more than any other token, but they all fell together, and several fell by more than Bitcoin did. This happens because crypto assets become highly correlated during a risk-off event . During such a move, traders and funds don't sell their disappointing bet and keep holding everything else in their portfolios steady. They reduce risk broadly across their entire portfolio , because the source of the fear - a regulatory uncertainty or a macro tightening expectation - applies to the asset class itself, and not to any coin's specific fundamentals. https://www.tradingview.com/x/bbQAXcS8/ Why leverage turns a dip into a $500 million cascade This is where the real damage multiplies. A large amount of crypto trading happens through leverage - that is, traders borrowing money to control a position bigger than their capital in order to magnify their gains. This works well while their prices march higher, but as soon as their prices start to fall by even a modest amount, the exchanges forcibly close, or liquidate, these leveraged positions to prevent the trader's losses from going beyond what they actually put up. As prices began to fall from the failed vote, leveraged long positions across many coins hit their liquidation thresholds. Exchanges automatically sold those positions into a falling market, which further pushed prices down, and then triggered the next layer of liquidations at a slightly lower price, and so on. This is how a single piece of news, one that might have caused a modest orderly pullback on its own, ended up resulting in over 500 million dollars of forced selling within a matter of hours , none of it a voluntary action by the traders involved. Why some coins fell so much harder than others Looking at the actual figures during the event, Aave fell over 6% , Aptos fell nearly 8% , Bittensor fell nearly 8% , and Bitcoin - the largest, most stable crypto asset - fell by a noticeably smaller percentage. This is because of something called beta , a measure of how much an asset tends to move compared to the broader market during a given event. Smaller, more speculative altcoins tend to carry higher beta than Bitcoin - that is, they tend to magnify any move the broader crypto market makes, in both directions. During a risk-off event like this, this higher beta works against the holders of these tokens, turning a moderate market-wide decline into a much sharper drop for these specific tokens. One analysis of Ethena's drop during this particular event specifically noted that the higher beta that Ethena typically has amplified what was a broad, macro-driven move, not something specific to the project. https://www.tradingview.com/x/D09OBE0t/ The bigger pattern worth understanding This is a signature you'll see repeatedly in crypto. A macro/regulatory headline hits . Broad, correlated selling begins across the entire asset class. Leveraged positions get forcibly closed , accelerating the initial move far beyond what the news itself would justify. Higher beta, more speculative tokens fall hardest , and larger, more established assets fall by comparison less, even though everything falls together. Recognizing this signature is important because it tells you that a sharp, broad selloff like this one isn't necessarily a judgment on any given individual project's fundamentals. It's often a mechanically-driven reaction to a single piece of news that happens to have occurred at a time when a large amount of leverage was sitting in the market. How to actually think about this as a trader Check if a crypto selloff is broad-based across unrelated tokens or concentrated in one coin, because a broad, correlated move implies a macro/regulatory trigger amplified by leverage, and not project-specific bad news. Pay attention to overall market leverage levels - sometimes visible around open interest and funding rates - because elevated leverage leading up to a known event can increase the odds that a disappointing outcome gets amplified into a much larger cascade than the news alone would justify. Remember that higher-beta altcoins will almost always move more than Bitcoin during both broad rallies and selloffs, so if you're holding small altcoins through a known event risk, you are essentially accepting amplified moves in both directions. Watch for the immediate aftermath of a liquidation cascade rather than only the initial drop, because these events can cause sharp, temporary overshoots to the downside as forced selling clears out, followed by a partial recovery once the leveraged positions causing the extra selling pressure have already been liquidated. My Conclusion A failed vote in Washington wiped out half a billion dollars in crypto positions within hours , and most of the coins' falls in the selloff had absolutely nothing to do with the bill itself. This is the nature of a leveraged, highly correlated market - a single piece of disappointing news doesn't just move the asset it's actually about, but it can cause a mechanical cascade across an entire asset class , hitting hardest wherever the most leverage and highest beta happen to be. Thank you @VertexQore