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The global markets company Chicago Mercantile Exchange (CME) has seen considerable demand since launching its options contracts in the wake of the firm’s bitcoin futures. On the first day of swaps, CME’s bitcoin options saw 55 contracts ($2.3 million). By the end of the week, the firm’s bitcoin options volume more than doubled with 122 […]
The post Demand for Crypto Derivatives Swells as CME’s Bitcoin Volume Rises appeared first on Bitcoin News.
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Bakkt has launched two new regulated bitcoin derivatives products. Within hours of launch, Bakkt announced that over 1,000 futures contracts had been traded in Asia. The platform now offers four types of regulated bitcoin derivatives products: monthly and daily physically delivered bitcoin futures, cash settled bitcoin futures, and options on monthly bitcoin futures. Also read: […]
The post Bakkt Launches Bitcoin Options in US, Futures in Asia appeared first on Bitcoin News.
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The impact of Bakkt’s Bitcoin futures remains to be determined. Despite the overall interest not being optimal, the company will expand its presence to Singapore. Many people still believe Bitcoin futures trading will be beneficial to the cryptocurrency industry. Bakkt Bitcoin Futures Come to Singapore Others see it as another way for the naysayers to drive the value per BTC down when they feel like it. Bakkt is one of the multiple Bitcoin futures trading providers today. Their core product is very different, however, as these futures are settled in cash. Despite a somewhat meager launch in the US, the
The post Bakkt Bitcoin Futures Will be Listed on ICE Futures Singapore appeared first on The Merkle Hash.
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COO Adam White has revealed that Bakkt is planning to offer a cash-settled Bitcoin futures contract alongside its existing physically-settled product
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On October 23, Bakkt’s physically-settled bitcoin futures contracts touched an all-time high with 640 BTC ($4.8 million) swapped on the exchange. Coincidentally, the futures action started after BTC prices plummeted to $7,365 across global exchanges. After the record-setting day, Bakkt CEO Kelly Loeffler revealed the trading platform will offer options on bitcoin futures this December. […]
The post Bakkt Announces Bitcoin Options After Record-Breaking Futures Volumes appeared first on Bitcoin News.
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Global markets business CME Group said that institutional interest toward the firm’s Bitcoin futures is thriving and 2019’s third-quarter data showed a record number of open interest. Moreover, despite the lackluster start, the Intercontinental Exchange’s (ICE) Bakkt platform has seen an increase in interest with the company’s physically-settled bitcoin futures product. Also read: Honestnode Founder […]
The post CME Bitcoin Futures Sees Institutional Interest and Demand from Asia appeared first on Bitcoin News.
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Last spring and the beginning of summer 2019 saw digital asset markets spike considerably in value, and many speculators assumed the rise was due to institutional investors. However, BTC and a variety of other popular digital asset prices started plummeting in August. Reports now detail that institutional interest is waning and new data that analyzed […]
The post Data Shows Institutional Interest in Bitcoin Has Diminished appeared first on Bitcoin News.
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Intercontinental Exchange’s Bakkt platform, now live, has seen 18 Bitcoin in trading volume since its launch under 24 hours ago
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Trading is now live for Bakkt’s regulated, physically-delivered daily and monthly bitcoin futures, with the first trade executed at 8:02 pm ET on Sunday. Customers’ bitcoins are stored in the Bakkt Warehouse, a qualified custodian, regulated by the New York State Department of Financial Services. Bakkt is powered by Intercontinental Exchange, owner of the New […]
The post Bakkt Regulated Bitcoin Futures Now Live on Major Exchange appeared first on Bitcoin News.
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Futures contracts on bitcoin cash can be available at a CFTC-regulated exchange by the end of this year or the first quarter of 2020. This will allow institutional U.S. investors to trade on a derivative of the cryptocurrency and bring in more trading volume for BCH overall. Also Read: HTC Adds Native Bitcoin Cash Support […]
The post Bitcoin Cash Futures Expected to Open up US Market by Q1 2020 appeared first on Bitcoin News.
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