{"id":17076,"date":"2025-03-10T17:31:59","date_gmt":"2025-03-10T17:31:59","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=17076"},"modified":"2025-03-10T17:31:59","modified_gmt":"2025-03-10T17:31:59","slug":"bitcoin-short-term-futures-slip-into-discount-on-deribit-in-sign-of-weak-demand","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=17076","title":{"rendered":"Bitcoin Short-Term Futures Slip Into Discount on Deribit in Sign of Weak Demand"},"content":{"rendered":"<div>\n<p>Deribit-listed bitcoin (<a href=\"https:\/\/www.coindesk.com\/price\/bitcoin\/\" target=\"_blank\">BTC<\/a>) futures set to expire this Friday now trade marginally below the exchange\u2019s index price, flashing a discount in a sign of weak demand for the cryptocurrency.<\/p>\n<p>\u201cWhat we have seen is that near-tenor (7d and shorter) yields have dipped to the negative for the first time in over a year,\u201d Andrew Melville, a research analyst at Block Scholes told CoinDesk in a Telegram chat. \u201cThis means that futures prices are trading below spot, which we take as a significantly bearish indicator.\u201d<\/p>\n<p>Deribit is the world\u2019s leading crypto options exchange and a preferred venue for sophisticated traders looking to employ synthetic strategies involving futures, options and spot markets.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/c1c7b6d7e549d046b1c4ed5640c57e9ddee31dbe-2530x849.png?auto=format\" alt=\"\"><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Deribit-listed bitcoin (BTC) futures set to expire this Friday now trade marginally below the exchange\u2019s index price, flashing a discount in a sign of weak demand for the cryptocurrency. \u201cWhat we have seen is that near-tenor (7d and shorter) yields have dipped to the negative for the first time in over a year,\u201d Andrew Melville, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-17076","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/17076","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17076"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/17076\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}