Bookmarking Crypto Insights
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Following in the footsteps of CBOE, the CME Group launched their own highly anticipated Bitcoin futures on Sunday evening. Come Monday morning, cryptocurrency’s overal market cap reached another milestone at a $600bln valuation, making this jump from its $500bln worth in just five days. Wall Street’s Newest Toy Adding to Bitcoin’s bullish December run, the … Read more
Bitcoin markets took a slide on Sunday evening December 17 about an hour after CME Group launched the company’s futures markets. Even though the beginning of the derivatives sessions were quite bullish with contracts above $20K, bitcoin’s spot markets dipped to a low of $17,925 across many exchanges. Also Read: Bitcoin Fees Have Become Infeasible BTC … Read more
The half a trillion dollar cryptocurrency market is for the taking, and savvy market makers are not going to give up positions easily. Cboe was the first futures market for bitcoin, launching last Sunday a full week ahead of its crosstown and much larger competitor, CME Group Inc. With the might and heft CME brings … Read more
Commodity Futures Trading Commission (CFTC) was very active on the final business day before the globe’s largest futures market maker, CME Group Inc., is to begin its entrance into bitcoin contracts. The regulator created a website devoted to bitcoin, and it issued new cryptocurrency rules of compliance for public comment. Also read: Tezos Foundation Board … Read more
