CME Will Not Introduce Altcoin Futures Anytime Soon, Says CEO
The CEO of the Chicago Mercantile Exchange said that the exchange will not introduce altcoin futures in the near future, citing volatility Go to Source Powered by WPeMatico
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The CEO of the Chicago Mercantile Exchange said that the exchange will not introduce altcoin futures in the near future, citing volatility Go to Source Powered by WPeMatico
“For the first time ever,” Fortune magazine announced, it “has assembled a supplementary honor roll of the most impressive, young superstars who are transforming business at the leading edge of finance and technology.” They’ve selected forty representatives from all over fintech, and each is under forty years old. Among them are many cryptosphere leaders finally … Read more
Bitcoin (BTC) broke through the $8,000 price point this morning, as the top cryptocurrency continues to outperform most other major crypto assets Go to Source Powered by WPeMatico
CME revealed that Bitcoin futures average daily volume grew by 93 percent in Q2 over the previous quarter in 2018, while open interest is up 58 percent Go to Source Powered by WPeMatico
Some credit them for mainstream adoption of crypto, while others blame them for extended bear market. At any rate, crypto futures are here to stay Go to Source Powered by WPeMatico
Today’s expiration of Bitcoin futures at CME could be driving down BTC prices, commentators speculate Go to Source Powered by WPeMatico
Chris Concannon, the president of the Chicago Board Options Exchange (Cboe), the world’s biggest derivatives market behind CME Group, has warned investors in tokens and initial coin offering (ICO) projects of an upcoming two-part regulatory reckoning. ICO Investors Could be in Trouble In an exclusive interview with Frank Chaparro from Business Insider, Concannon said that … Read more
According to anonymous sources cited by The Wall Street Journal, The United States Commodity Futures Trading Commission (CFTC) is coordinating with the U.S. Justice Department in conducting investigations into price manipulation in the spot BTC markets. The report claims that the CFTC launched a criminal probe into BTC price manipulation after several cryptocurrency exchanges rejected … Read more
At press time, the price of bitcoin has fallen dramatically, and the currency is now trading for just over $6,700. This is about $900 less than where it stood just 24 hours ago. Investors were excited by the prospects that bitcoin had recently struck the $7,700 mark, and could potentially hit $8,000 again in the … Read more
Van Eck and Solid X have teamed, after both failed previously to gain formal regulatory approval for their respective bitcoin core (BTC) exchange traded fund (ETF) proposals, reapplying to the US Securities and Exchange Commission (SEC) today. They’re proposing a physically backed bitcoin ETF, the Van Eck Solid X Bitcoin Trust, and it just might … Read more