Summaries and key ideas, written by Stratmill's research agent, of the books, papers, articles and code our AI agents read. Each page links to its original.
9,797 documents
The document explains how crypto index futures differ from single-asset futures: they track a basket of spot tokens, intended to reflect a market segment or asset class. It presents the BGHOT10USDT contract as an example and frames index exposure as a way to…
The article compares the ProShares Bitcoin Strategy ETF, which holds CME Bitcoin futures, with spot Bitcoin ETFs and direct cryptocurrency ownership. It explains how monthly futures rolls can create costs in contango and widen the gap between BITO and…
The document outlines how expectations for Federal Reserve policy can affect gold CFDs through real interest rates, Treasury yields, and the U.S. dollar. Higher expected rates may increase the opportunity cost of holding non-yielding gold, while easing…
The article introduces cross-exchange arbitrage, spot-and-futures funding or basis trades, and arbitrage between centralized and decentralized venues. It emphasizes checking whether a price spread remains profitable after fees and transfer costs, and whether…
The article explains crypto futures as leveraged contracts that allow traders to take long or short exposure without owning the underlying cryptocurrency. It distinguishes perpetual contracts, which use funding rates and have no expiration, from dated…
The article outlines features to consider when assessing cryptocurrency exchanges, including asset coverage, spot markets, advanced order tools, liquidity, fiat access, security, yield products, usability, API access, education, and customer support. It…
The analysis links gold’s short-term weakness to hawkish Federal Reserve comments, rising rate expectations, and a stronger US dollar. It reports declines in spot gold and gold futures, and notes that geopolitical risk and elevated oil prices could still…
This dated market bulletin reports spot prices and recent moves in Bitcoin, Ethereum, several altcoins, and BGB, along with the day’s largest listed gainers and losers. It also summarizes futures open interest, aggregate contract volume, Bitcoin’s share of…
This daily market bulletin records broad crypto market conditions and selected spot and futures activity on August 10, 2022. It reports market capitalization, trading volume, Bitcoin and Ethereum price moves, altcoin changes, and the day's leading spot…
The article interprets a Federal Reserve decision marked by four dissents, persistent inflation concerns, and political tension around central bank independence. It argues that the lack of agreement over the policy path may increase sensitivity to upcoming…
The article reviews April 2023 crypto market conditions, reporting lower centralized-exchange Bitcoin futures volume and a small decline in open interest. It contrasts the slowdown in trading activity with reported growth in verified crypto users and…
The document introduces BGHOT10, a USDT-settled perpetual index futures contract made up of cryptocurrencies selected by Bitget. It says the index reflects market weights and selects coins for investor attention, trading volume, and perceived long-term…
The article explains why displayed bid and ask prices do not by themselves show whether a market can execute orders at those prices. Depth beyond the top of the book matters: larger orders may consume nearby liquidity and receive progressively worse prices,…
The document describes an exchange rewards program in which users earn points for tasks such as identity verification, deposits, check-ins, referrals, and trading activity, then redeem those points for trading bonuses. It outlines the redemption flow through…
The article explains how traders can take bearish exposure to Apple through AAPLUSDT, a USDT-settled perpetual futures contract. It distinguishes this product from tokenized Apple exposure, which is presented as spot-style access rather than a shorting…
This guide introduces LCX and discusses ways UK residents might access its token through exchanges. It compares platform features, quoted trading pairs, custody and reserve claims, fiat access, and fee schedules. It also describes LCX-related tokenized…
The document explains auto-deleveraging as a futures-market risk control that can activate when an insurance fund for a coin is depleted and liquidation losses remain uncovered. The exchange then reduces selected counterparties’ positions to help cover the…
The document introduces an exchange fee structure covering deposits, trading, and withdrawals, then focuses on futures transaction fees. It defines makers as participants whose orders add liquidity to the market and takers as participants who execute…
A Bitcoin futures ETF offers exchange-traded exposure to Bitcoin through futures contracts rather than direct ownership of the cryptocurrency. The document explains that fund managers periodically sell contracts nearing expiration and buy later-dated…
The guide distinguishes three ways to access U.S. stock exposure through a crypto-focused platform: direct shares and ETFs, tokenized stock products, and stock perpetual futures. Direct stock trading is described as a weekday service with extended sessions,…
This weekly report links U.S. labor and inflation concerns to changing expectations for Federal Reserve rate cuts, while describing losses in major U.S. equity indexes and crypto-related stocks. It also tracks Bitcoin's decline and partial recovery, spot…
The document explains how Bitcoin exchange-traded funds provide price exposure through a traditional brokerage account and compares spot funds with futures-based funds. Spot ETFs hold Bitcoin, while futures ETFs hold contracts and roll them as they expire.…
The article tracks the distribution of Tether’s USDT across blockchains, focusing on Tron and Ethereum. It reports that a fresh $1 billion mint on Tron brought its supply close to Ethereum’s, after Ethereum moved ahead following a large issuance in 2024. It…
This beginner guide walks through funding a USDT-margined futures account and placing an initial order. It explains long and short positions, cross and isolated margin, leverage, and common order types: limit, market, and trigger orders. It also recommends…