ChainCatcher news, according to the official announcement, the OKX futures contract daily settlement mechanism will be applied to the BTC-USDT and BTC-USD futures contracts in full margin mode on March 29, 2025, at 4:00 PM (UTC+8).Daily settlement mechanism: Settlement will occur every day at 4:00 PM (UTC+8). After the settlement is completed, the settlement profits will be credited to the account's available balance, the average opening price of the position will be updated to the most recent settlement price, and the floating profits of the position will be calculated based on the new opening price. There will be no fees for the settlement, and it will not affect the position size. The settlement price will be the average of the mark prices in the hour preceding the settlement. Please note that the above settlement mechanism is only effective for full margin positions.

ChainCatcher news, according to Bloomberg, the Dojima Exchange plans to complete the preparation for the listing application of Bitcoin futures within this month. Sources revealed that the exchange is expected to start Bitcoin futures trading as early as the fiscal year 2025, which could make it the first exchange in Asia to offer such services.The decision by the Dojima Exchange is seen as a positive response to current market trends, aiming to meet the growing investment demand. If the application is approved smoothly, Bitcoin futures trading is expected to begin in the fiscal year 2025, providing investors with more trading options and risk management tools.

ChainCatcher news, Lin Chen, the Head of Asia Pacific Business at Deribit, posted on platform X that yesterday the BTC futures contracts on CME hit a new high, reaching 13 billion dollars.

ChainCatcher message, Matrixport stated that market sentiment has shifted to a bullish outlook, and the funding rate for Bitcoin has been positive over the past few weeks.In the past 24 hours, the BTC futures open interest has also increased. This indicates that futures traders expect Bitcoin to continue rising.

ChainCatcher news, according to Coinglass data, the total open interest for BTC futures contracts across the network is 423,670 BTC (approximately 17.67 billion USD).Among them, the open interest for CME BTC contracts is 114,500 BTC (approximately 4.767 billion USD), ranking first; the open interest for Binance BTC contracts is 99,300 BTC (approximately 4.143 billion USD), ranking second.

ChainCatcher news, the three-month BTC futures price listed on the Chicago Mercantile Exchange (CME) has shown a positive premium above the spot price for the first time since the collapse of FTX. This indicates that the market panic triggered by the FTX exchange's bankruptcy is also easing, and the bearish sentiment in the market seems to be shifting. (Source link)