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Category: Terry Duffy
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CME Group’s CEO Called FTX’s Sam Bankman-Fried an ‘Absolute Fraud’ When They Met in March
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Report: CME Group to Face off With FTX After Filing for Futures Commission Merchant Status
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Exchanges Round-Up: CME Rejects Altcoins, Waves DEX Hacked on Launch
In recent news pertaining to cryptocurrency exchanges, the CEO of Chicago Mercantile Exchange (CME) has indicated that the company has no intentions of introducing derivative markets for alternative cryptocurrencies in the near futures; Waves’ decentralized exchange was hacked upon launch; and the founder Pakcoin has attributed Pakistan’s slow rate of cryptocurrency adoption to low literacy […]
The post Exchanges Round-Up: CME Rejects Altcoins, Waves DEX Hacked on Launch appeared first on Bitcoin News.
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Bitcoin Futures Predictions Volumes Grow
Over the past few months, the Chicago Board of Exchange (Cboe) and the Chicago Mercantile Exchange (CME Group) have been selling bitcoin-based futures products. Predictions have been dull as most forecasts are around the $9-9.4K USD range for bitcoin derivatives using both firms’ futures data. On the other hand, crypto-derivatives trade volumes have been increasing. Also […]
The post Bitcoin Futures Predictions Volumes Grow appeared first on Bitcoin News.
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Bitcoin Futures’ Future: Slow, Measured, No Mom and Pop Investors
Chicago Mercantile Exchange (CME) Chairman and CEO Terry Duffy explained in a recent interview how the decision to list bitcoin futures in the last quarter of 2017 wasn’t made as a result of light or transient causes. Instead, it was a deliberate effort to bring a proven technology to well-financed clients who will help it […]
The post Bitcoin Futures’ Future: Slow, Measured, No Mom and Pop Investors appeared first on Bitcoin News.
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Market Optimism Declines as Bitcoin Futures Euphoria Ends
This week it seems the euphoria from the introduction of CME Group and Cboe’s bitcoin-based futures markets has fizzled. Since both companies announced launching their futures products, the price of bitcoin gained over three times its value in just 45 days. Since the derivatives markets have begun the futures products’ volumes has been lackluster, and […]
The post Market Optimism Declines as Bitcoin Futures Euphoria Ends appeared first on Bitcoin News.
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