5 hours ago

CME announces BCH and UNI futures as Bitcoin Cash surges 21%

Bitcoin Cash, Uniswap Surges as CME Announces New Futures Contracts: What's Going On?

Benzinga

CME Group announced futures contracts for Bitcoin Cash and Uniswap in a Tuesday press release, saying the products respond directly to client demand for institutional-grade risk tools in high-liquidity altcoin markets. Bitcoin Cash futures will cover 250 BCH, with Micro Bitcoin Cash futures covering 25 BCH. Uniswap futures will cover 10,000 UNI, with Micro Uniswap futures covering 1,000 UNI. Giovanni Vicioso, CME Group's Global Head of Cryptocurrency Products, said that as crypto markets mature, participants need broader regulated tools to manage evolving digital asset-related price risk. Ripple Prime President Noel Kimmel said institutions need round-the-clock access to regulated derivatives and that the contracts extend this access alongside CME's existing XRP and Bitcoin products. CME's crypto suite already includes Bitcoin, Ethereum, XRP, Solana, Cardano, Chainlink, Stellar, Avalanche and Sui. In the first half of 2026, average daily volume was 279,800 contracts worth $8.3 billion notional, while average open interest was 264,600 contracts worth $15.4 billion notional. Cardano, Chainlink, Stellar, Avalanche and Sui added more than $1 billion in combined notional value year-to-date in 2026. Bitcoin Cash rose 21% and reclaimed its 200-day exponential moving average at $308 for the first time since the May breakdown. The move also cleared the $240 to $260 resistance zone, which had capped rallies since June, turning that zone into support. Bitcoin Cash resistance was identified at today's high of $328.94 and then at $330 to $340, with support at $308 and then $240 to $260. Uniswap rose 3% and broke above a descending wedge that had compressed its price since the 2024 highs. Its four exponential moving averages aligned bullishly for the first time in months, while the RSI Divergence Indicator read 73.13, an overbought level accompanied by a bullish divergence from the summer lows. Uniswap resistance was identified at the weekly high of $9.74 and then near the wedge apex at $10 to $11, with support at the 200-day exponential moving average of $7.83 and then the 100-day exponential moving average of $6.01.

This content is an AI-generated summary/analysis for informational purposes only and does not constitute investment advice.