Tag Archives: CME

Bitcoin Futures Trading At The CME Reach $370 Million In Daily Average Volume

Bitcoin Futures Trading At The CME Reach $370 Million In Daily Average Volume

The Chicago Mercantile Exchange (CME) is currently registering an average daily trading volume of $370 million in Bitcoin futures. This is according to the Managing Director of the CME Group, Tim McCourt. This represents an increase of 132% compared to the same period last year. BTC Futures Daily Volume At The CME Expanded 132% The CME is […]

Is bitcoin growing up? Regulated futures boom as investors seek a safer ride

Is bitcoin growing up? Regulated futures boom as investors seek a safer ride

LONDON (Reuters) – When bitcoin was born it was a symbol of counterculture, a rebel currency with near-anonymity and a lack of regulation. A decade later, there are growing signs it’s entering the establishment its creators sought to subvert. As the cryptocurrency has surged in value bigger investors, from trading firms to hedge funds, have […]

Crypto’s Long Road to Acceptance May Have Started Here

Crypto’s Long Road to Acceptance May Have Started Here

He sent the invitations when the party was over. Only after the cryptocurrency craze’s collapse hit bottom in December did Standard Chartered Plc veteran Hoe Lon Leng issue his call to the market’s biggest traders: join him to brainstorm making digital tokens part of the world’s financial architecture. It may seem quixotic, but the goal of the […]

Institutional Crypto and a New Generation of Wall Street Leaders

Institutional Crypto and a New Generation of Wall Street Leaders

Donna Redel is an angel investor focusing on financial technology, blockchain and emerging technologies, professor of blockchain and a former chairman at the Commodity Exchange. If there’s any doubt institutions are moving fast on crypto asset adoption, take it from a teacher. In developing the syllabus for Fordham Law and Gabelli School of Business, which both offered […]

Bitcoin (BTC) Price May Record Losses For The Year, Other Major Cryptos Also in the Red

Bitcoin (BTC) Price May Record Losses For The Year, Other Major Cryptos Also in the Red

Bitcoin (BTC) had been trading in a tight range of $6,450 – $6,500 during the past three days, before falling below the $6,400 mark today. The leading cryptocurrency may now record a loss for the year as its 10-year anniversary approaches. On Wednesday (October 31st), it will be exactly a decade since the Bitcoin whitepaper was released […]

CME: Average Daily Volume for Bitcoin Futures Grew 41% in Q3

CME: Average Daily Volume for Bitcoin Futures Grew 41% in Q3

Average daily volumes for bitcoin futures trading saw a significant jump in the third quarter compared to the last period, according to CME Group. The firm – which launched bitcoin futures trading in December of last year – posted the results on Twitter on Wednesday. As the graph below shows, average daily volume hit 5,053 contracts in the third […]

Mike Novogratz Explains Why the Beginning of 2019 Will Be Big for Bitcoin

Mike Novogratz Explains Why the Beginning of 2019 Will Be Big for Bitcoin

In a recent Bloomberg Television interview, famed bitcoin supporter Mike Novogratz explains why he thinks Q1 & Q2 of 2019 will be extremely positive for bitcoin. Novogratz, founder and CEO of Galaxy Digital, has previously declared the bottom of the cryptocurrency market, and continues to be bullish on bitcoin. Mike’s appearance on Bloomberg highlighted the latest news that Fidelity Investments, one […]

CNBC’s Ran Neuner Says ‘Bitcoin Is About to Explode,’ Points to Pending ETF Decision

CNBC’s Ran Neuner Says ‘Bitcoin Is About to Explode,’ Points to Pending ETF Decision

Crypto analyst and host of CNBC’s show Cryptotrader Ran Neuner has claimed that the price of Bitcoin (BTC) is “about to explode” in a recent tweet October 7. Neuner expressed his utmost confidence in an upcoming surge in Bitcoin’s price by noting “I just bought Bitcoin for my parents” in the same tweet. A notable rally would likely be tied […]