CME

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Korean Cryptocurrency Exchange Youbit to Close After Second Hack in a Year

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South Korean cryptocurrency exchange Youbit has revealed plans to file for bankruptcy. The decision to close operations follows announcements that the exchange was hacked for the second time this year. Also Read: More Firms Entering the Bitcoin Market See Stocks Soar    Second Accident in a Year Youbit announced on its website on Tuesday that it … Read more

CME Futures Open at $20k, Crypto’s Market Cap Eclipses $600bln

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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

Markets Update: Bitcoin Spot Prices Slide After CME Group Opens Futures

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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

Cboe Strikes Back at CME with TD Ameritrade Bitcoin Futures on Monday

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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

Ahead of CME’s Bitcoin Futures, Regulator Creates Website and New Crypto Rules

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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