CME Launches Two Ethereum Indexes but Has No Plans for ETH Futures

Cryptocurrency futures have proven to be somewhat intriguing traditional trading vehicles. More specifically, they allow institutional investors to be exposed to cryptocurrency without buying Bitcoin directly. It now seems CME is looking toward the future by introducing Ethereum indexes. It’s an interesting development, although Ethereum futures contracts are not on the roadmap as of yet. What … Read more

Ethereum Futures in US One Step Closer as CME Deal is Struck

Chicago Mercantile Exchange & Chicago Board of Trade (CME Group Inc) announced a partnership with Crypto Facilities Ltd to list the price of ether in real-time dollars. Information from major cryptocurrency exchanges Bitstamp and Kraken will be used to determine the CME CF reference rate. This could be a hint of things to come for … Read more

CFTC’s Christopher Giancarlo Criticizes Outdated Regulatory Mandate

The chairman of the United States Commodity Futures Trading Commission (CFTC), Christopher Giancarlo, recently discussed the challenges associated with assessing the regulatory implications of bitcoin and cryptocurrency according to the CFTC’s “decades[-]old” legislative mandate. Also Read: Openbazaar Co-Founder Expresses Frustration Over BTC Fees CFTC Chairman Criticizes 1930’s Legislative Apparatus In a recent interview with CNBC, Mr. … Read more

Institutional Demand for Bitcoin and Crypto Resurges

Reports are increasingly indicating that bitcoin’s recent drop of 70% from its December record highs of nearly $20,000 has spurred a renewed interest in the BTC and cryptocurrency markets from institutional investors. Also Read: Markets Update: Broken Trendlines and Bullish Bounces Reports Indicate Influx of Institutional Investment Jeffrey Van de Leemput, an analyst working for Cryptocampus, … Read more

More Bitcoin ETF Teasing, Encouraging Signs Emerge

The cryptocurrency ecosystem was sent abuzz this week as the US Securities and Exchange Commission (SEC) published a report of two new applications for bitcoin exchange traded funds (ETFs) to be listed on the New York Stock Exchange (NYSE) Arca. Will the crypto gods finally answer some enthusiasts’ prayers for mainstream adoption? Also read: Help Wanted! … Read more

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 … Read more

US Bitcoin Futures Regulator Allows Employees to Trade Crypto

While private businesses all over the world struggle with employees so much as possessing cryptocurrency, the US Commodity Futures Trading Commission (CFTC) has reportedly given the full go-ahead to its employees trading crypto.    Also read: How To Regain Control From Nanny Zuck CFTC Allows Employees to Trade Cryptocurrency Robert Schmidt reports that bitcoin futures regulator CFTC … Read more