CME Group to Launch Micro Euro-Denominated Bitcoin and Ether Futures Amid Rising Demand

CME Group to Launch Micro Euro-Denominated Bitcoin and Ether Futures Amid Rising DemandOn Tuesday, CME Group unveiled plans to introduce micro euro-denominated bitcoin and ether futures, set to debut on March 18, contingent on regulatory green lights. These euro-based offerings will mirror their U.S. dollar-based equivalents, each representing one-tenth of the respective cryptocurrency’s value. CME Group Announces Micro Euro-Denominated Bitcoin and Ether Futures Launch Following the 2021 […]

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One-Tenth of a Bitcoin: Derivatives Giant CME Group to Launch Micro BTC Futures Contract

One-Tenth of a Bitcoin: Derivatives Giant CME Group to Launch Micro BTC Futures ContractThe American global markets company Chicago Mercantile Exchange (CME Group) has announced the launch of a new bitcoin futures product on May 3, 2021, if U.S. regulators approve the product. The new contract is a micro bitcoin futures product that represents 0.1 bitcoin rather than CME’s other contract that equals five bitcoin. The smaller contract […]

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Crypto Volumes Surge in August: Binance Largest Spot Exchange as Huobi Leads Derivatives

Crypto Volumes Surge in August: Binance Largest Spot Exchange as Huobi Leads DerivativesThe latest report by Cryptocompare shows August spot cryptocurrency traded volumes by the 15 largest top-tier exchanges increased by 58.3% to $529 billion versus July figures. Low tier exchanges volumes, on the other hand, increased by 30.2% to end the month of August with a total of $291 billion. Binance leads the top tier list […]

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Bitcoin’s $10k Value Pushed Down by CME Futures Price Gap

Bitcoin's $10k Value Pushed Down by CME Futures Price GapJust recently BTC prices surpassed the $10,000 zone and held above that region for around 24 hours. Some speculators believe the price of BTC dipped below the $10k range on Monday, after the price aligned with the price gap on CME Group’s global market exchange. During the course of 2019, crypto traders have noticed that […]

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Nasdaq-Issued Bitcoin Futures Contracts May Comprise “Investment” Rather Than “Tracking Stock”

Nasdaq Issued Bitcoin Futures Contracts May Comprise "Investment" Rather Than "Tracking Stock"The chief executive officer of Nasdaq, Adena Friedman, has discussed the company’s position with regards to the potential bitcoin futures contracts it has previously expressed interest in offering. Although Mrs. Friedman was unable to affirm that the company is definitely planning on launching bitcoin futures contracts, the CEO emphasized Nasdaq’s desire to offer a product […]

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Bitcoin Futures Are a Threat to Whole Banking System, Fears ECB Director

Bitcoin Futures Are a Threat to Whole Banking System, Fears ECB DirectorWhile major stock brokers are lining up to add bitcoin futures to their platforms, central bankers are apparently not too happy about it. A member of the European Central Bank (ECB) executive board has called the instruments a threat to the financial stability of the entire banking system. Also Read: After Ripple’s Rise BTC Dominance […]

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