Tag Archives: Bitcoin Futures

FN: BlackRock Eyes Bitcoin Futures, Market Reacts to Increased Institutional Interest

FN: BlackRock Eyes Bitcoin Futures, Market Reacts to Increased Institutional Interest

The world’s largest exchange-traded fund (ETF) provider BlackRock announced the formation of a working group to assess potential involvement in Bitcoin (BTC), Financial News (FN) reportstoday, July 16. The move furthers a U-turn on BlackRock’s previously critical stance towards cryptocurrency.  Following in the footsteps of fellow giant Goldman Sachs, the cross-industry working group convened by BlackRock will among other things focus […]

Wall Street Crypto Trader Calls Bitcoin ‘Currency of the Internet’, ‘Digital Gold’, and ‘Reserve Currency’ of the Crypto Space

Wall Street Crypto Trader Calls Bitcoin ‘Currency of the Internet’, ‘Digital Gold’, and ‘Reserve Currency’ of the Crypto Space

On Tuesday (10 July 2018), whilst appearing as a guest on CNBC’s Fast Money, Bart Smith, Head of Digital Asset at Susquehanna International Group, one of the largest privately-held trading firms in the world, called Bitcoin (BTC) “Currency of the Internet”, “Digital Gold”, and “Reserve Currency” of the crypto space. The segment featuring Bart Smith started with hedge fund manager Brian Kelly saying that “ultimately, Bitcoin […]

Economist: Bitcoin Futures Killed the 2017 Bull Run JOHN MCMAHON | JULY 3, 20

Economist: Bitcoin Futures Killed the 2017 Bull Run JOHN MCMAHON | JULY 3, 20

As the fluctuations in the price and trading volume of Bitcoin continue to flummox the oracles of CNBC, a noted Japanese economist has written an article to explain what he thinks killed off the 2017 bull rally and began this 2018 bear driven roller coaster ride the cryptocurrency has been taking. Did Futures Kill the 2017 Bitcoin Rally […]

Crypto Markets Rebound Significantly After a Week of Losses

Crypto Markets Rebound Significantly After a Week of Losses

Saturday, June 30: crypto markets are seeing a significant rebound after this week’s decline. All of the top ten cryptocurrencies by market capitalization are in the green with Cardano (ADA) being the biggest winner – up 18.6 percent over the past 24 hours, according to Coinmarketcap. Market visualization from Coin360 Bitcoin is up around 8 percent over the 24 […]

Goldman Sachs Explore Crypto Trades, Can’t Rule It Out Having a Future in Finance

Goldman Sachs Explore Crypto Trades, Can’t Rule It Out Having a Future in Finance

Speaking at an event, Goldman Sachs CEO Lloyd Blankfein talked about Bitcoin in an optimistic light, saying that although he doesn’t own any, he can’t rule out the cryptocurrency having a future in the world of finance. In other Goldman news, COO David Solomon has said that the firm is exploring alternative cryptocurrency trades beyond the […]

Bitcoin’s Volatility at Yearly Low, Signalling Bottom, Says President of Blue Line Futures

Bitcoin’s Volatility at Yearly Low, Signalling Bottom, Says President of Blue Line Futures

Bitcoin’s volatility is now at its lowest level in more than a year, signalling a likely bottom, futures broker Bill Baruch said in an analysis for CNBC Monday, June 18. The Blue Line Futures president noted that after the leading cryptocurrency lost as much as 70 percent in value since its peak in December 2017, Bitcoin’s (BTC) decreased volatility […]

Reports: Investment Giant Fidelity Issues Job Offers for Crypto Exchange Devs

Reports: Investment Giant Fidelity Issues Job Offers for Crypto Exchange Devs

US investment giant Fidelity Investments is hiring developers to build a cryptocurrency exchange, reports claim June 6 citing internal correspondence. Fidelity, with its $2.45 trln under management, has allowed clients to hold Bitcoin alongside traditional assets, and is now reportedly circulating job offers related to building a “digital asset exchange.” Specifically, executives notified employees the firm is looking for a DevOps System Engineer “to help engineer, […]

Amid Chaos, Our Decentralized Future Is Being Built

Amid Chaos, Our Decentralized Future Is Being Built

  If, during CoinDesk’s Consensus conference in May 2017, I’d predicted the crypto and blockchain industry’s subsequent experiences, you wouldn’t have believed me. Back then, CoinDesk’s Bitcoin Price Index (BPI) was around $2,400. Six months later, it passed through $10,000 – right when 1,300 investors and financial professionals attended the inaugural Consensus: Invest conference. But that was […]

Chicago Board Options Exchange Urges SEC to Move Forward With Bitcoin ETFs

Chicago Board Options Exchange Urges SEC to Move Forward With Bitcoin ETFs

According to a letter written by Chicago Board Options Exchange (Cboe) President Chris Concannon, U.S. securities regulators should not stand in the way of exchange-traded funds (ETFs) that hold cryptocurrencies from coming to the market, as they are essentially the same as other ETFs that hold commodities. The letter was in response to statements from the U.S. […]

Ripple’s XRP Just Might Be the Next Big Crypto Futures Market

Ripple’s XRP Just Might Be the Next Big Crypto Futures Market

Bitcoin futures may have been launched with tremendous fanfare – XRP futures, on the other hand, not so much. But in fact, U.K.-based startup Crypto Facilities has been operating a futures market for the world’s third-largest cryptocurrency, developed by blockchain startup Ripple Inc., for almost 18 months now. And while the company’s CEO Timo Schlaefer has been […]