Tagfutures

What Crypto Winter? Nasdaq to Launch Bitcoin Futures Market: Report

Nasdaq cryptocurrency

The world’s second largest stock exchange Nasdaq is planning to introduce a Bitcoin futures market within the first quarter of 2019. Sources told Bloomberg that Nasdaq has been cooperating with the Commodities and Futures Trading Commission (CFTC) to receive regulatory approval to operate as a compliant cryptocurrency futures market operator. The report read: “Nasdaq has been working to satisfy...

This Trader Shorted Bitcoin to $5,950 on CNBC, Bitcoin Price Now at $6,500

bitcoin trading

Scott Nations, the president and chief investment officer of NationsShares, a division of Fortress Trading, shorted Bitcoin through the Cboe futures market live on CNBC on September 26. Since then, the price of Bitcoin has slightly increased to $6,500. "I want to be a seller of the October contract. The Cboe Bitcoin futures, that is a single Bitcoin in a futures contract. My targeted downside is...

Winklevoss Twins Hint at Gemini Support for Litecoin, Bitcoin Cash; Big Implications for CBOE Futures?

In my previous article "CBOE Completes Upgrade, Other Crypto Futures Coming?", I speculated that now that the CBOE had finished it's latency reduction upgrades it would begin to introduce more currencies. This prediction seems to have at least partially shown some validity with statements coming out of the CBOE Risk Management Conference on Friday which featured a fireside chat with Gemini...

CBOE Completes Upgrade, Other Crypto Futures Coming?

When the Commodity Futures and Trading Commission announced that two major exchanges could begin to offer bitcoin futures to investors, people in the crypto community heralded it as a triumphant day. This decision was announced on December 1, 2017, and the price of Bitcoin rose 13% on this news. It was seen as a significant move into more mainstream finance for cryptocurrencies. For the first...

Bitcoin Price Surges 20% Overnight as Volume of CBOE Futures Skyrockets

bitcoin price

The bitcoin price has surged by more than 20 percent overnight, triggered by the launch of the Chicago Board Options Exchange (CBOE) bitcoin futures trading platform. According to cryptocurrency market data provider CryptoCompare, the bitcoin price increased from $13,400 to $16,315 within the past 24 hours. Major Factor: Bitcoin Futures Contrary to the claims of several analysts, the listing of...

Bitcoin Breaks CBOE as Futures Up 20% Hours After Launch, Trading at $18,210

Within three hours after its listing of bitcoin futures, the website and online trading platform of the Chicago Board Options Exchange (CBOE) were inaccessible, due to an unexpected spike in demand and volume. According to Tokyo-based technology journalist Yuji Nakamura, CBOE bitcoin futures processed $401,600 worth of trades within the first 20 minutes. Only the Beginning, Billions Expected to...

Bitcoin Market Cap Briefly Surpasses That of JPMorgan, World’s Largest Bank

JP Morgan, blockchain

Bitcoin’s market valuation briefly surpassed that of JPMorgan, the world’s largest bank, earlier today, on December 8. Bitcoin Market Cap Briefly Surpasses That of JPMorgan, Based on South Korea’s Trading Price George Kikvadze, a highly regarded bitcoin investor and the vice chairman at major bitcoin mining firm Bitfury, revealed that the market cap of JPMorgan at $363 billion was surpassed by...

Goldman Sachs Will Trade Bitcoin Futures For Clients

goldman sachs stock

Goldman Sachs, the global finance market’s second largest investment bank behind JPMorgan, will begin trading bitcoin futures for its clients, once major exchanges list bitcoin futures in the upcoming weeks. According to Bloomberg, a source familiar with the company’s bitcoin futures trading plan stated that in the short-term, bitcoin future trades made by Goldman Sachs on behalf of its clients...

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