Auto Added by WPeMatico
The Commodity Futures Trading Commission (CFTC) has filed a lawsuit against “a virtual currency know as My Big Coin (MBC).” The CFTC alleges that the company raised more than $6 million USD by making false and misleading claims regarding the cryptocurrency’s utility and backing. Also Read: Vouching Bitfinex and Tether’s Bank Accounts Hold Nearly $3 Billion […]
The post CFTC Files Against ‘My Big Coin’ for Scamming $6 Million USD appeared first on Bitcoin News.
Powered by WPeMatico
This week Tim Hockey the chief executive officer of the large brokerage firm, TD Ameritrade, revealed that his company is seeing a “huge uptick” in investments from millennials tied to cryptocurrencies and cannabis. Also read: The Marketing Ploys of Clones: Another Project Aims to Create a ‘Perfect Bitcoin’ Millennials Are Investing a Great Deal In Cannabis […]
The post TD Ameritrade CEO Says Young Investors Focused on Cryptocurrencies and Pot appeared first on Bitcoin News.
Powered by WPeMatico
The chief executive officer of Nasdaq, Adena Friedman, has discussed the company’s position with regards to the potential bitcoin futures contracts it has previously expressed interest in offering. Although Mrs. Friedman was unable to affirm that the company is definitely planning on launching bitcoin futures contracts, the CEO emphasized Nasdaq’s desire to offer a product […]
The post Nasdaq-Issued Bitcoin Futures Contracts May Comprise “Investment” Rather Than “Tracking Stock” appeared first on Bitcoin News.
Powered by WPeMatico
This week, the price of bitcoin reached a low-point of -53% from its December high. A few weeks ago, I wrote about the Death of the “Get in before Wall Street!”-meme and why it made sense to Short the Great Bitcoin Bull. My viewpoint remains unchanged in that I’m still confident that the CME bitcoin futures listing […]
The post Trading Tip `The Wall´ – Why Do We Fall, Bruce? appeared first on Bitcoin News.
Powered by WPeMatico
The U.S. Commodity Futures Trading Commission has filed charges against three separate companies for engaging in fraudulent schemes involving cryptocurrencies. The cases include fraud and misappropriation of bitcoin and litecoin. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto Regulations CFTC Sues Crypto Operators The U.S. Commodity Futures Trading Commission (CFTC) filed civil […]
The post US Regulator Sues Three Companies For Cryptocurrency Fraud appeared first on Bitcoin News.
Powered by WPeMatico
Chicago Mercantile Exchange (CME) has launched a market simulation tool that allows newcomers to practice trading bitcoin futures without risking any capital. The free tool has been added to the company’s ‘CME Institute Suite’. Also Read: Thailand’s Year of Bitcoin Ends With Central Bank Education Push CME Tweeted About the New Simulator on December 27th – […]
The post CME Launches Bitcoin Futures Trading Simulator appeared first on Bitcoin News.
Powered by WPeMatico
Following the legalization of cryptocurrencies and initial coin offerings (ICOs) in Belarus, a major Belarusian technical university is now offering a diploma course covering cryptocurrencies, their derivatives, and ICOs. Immediately, inquiries flooded in from people wanting to learn about this new industry. Also read: Belarus Legalizes Cryptocurrencies and ICOs – Tax-Free for Five Years Diploma Course at […]
The post Major University in Belarus Debuts Crypto Diploma Course Following Legalization appeared first on Bitcoin News.
Powered by WPeMatico
Bitcoin never sleeps or slows. With the holidays approaching, there was zero chance of the world’s leading cryptocurrency taking a break so we could tend to last-minute shopping and drinking. Like the primadonna that she is, this week in bitcoin continued the year’s trend of hogging the limelight, with tales of rising fees and Coinbase […]
The post This Week in Bitcoin: Markets Wobble While Fees Keep Soaring appeared first on Bitcoin News.
Powered by WPeMatico
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.
Powered by WPeMatico
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 Chicago Mercantile Exchange’s futures opened with a price of $20,000 for its January 2018 contracts. The successful opening comes just a week after CBOE began trading its own Bitcoin futures. Both of the United States-based exchanges were cleared for trading by the Commodity FuturesPowered by WPeMatico