BREAKING
295d 6h ago

Singapore Exchange to Launch Bitcoin Perpetual Futures in 2025, Catering to Institutional Investors

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

On April 21st, COINOTAG News reported that the Singapore Exchange (SGX) is set to introduce Bitcoin perpetual futures in the latter half of 2025, catering specifically to institutional and professional investors. This strategic initiative aligns with the growing trend of established exchanges venturing into the crypto derivatives market, influenced by the surging demand for digital assets. Additionally, this move reflects the increasing acceptance of cryptocurrencies, bolstered by endorsements from notable figures such as U.S. President Trump. Unlike traditional futures contracts, perpetual futures offer the unique advantage of allowing investors to engage in trading without a predetermined expiration date, thereby enhancing liquidity and facilitating ongoing market participation. As institutional interest intensifies, the SGX’s entry into this domain marks a significant development for the cryptocurrency ecosystem.

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