Tag Archives: CME

Goldman Sachs Hires First Cryptocurrency Trader in Its Markets Unit

Goldman Sachs Hires First Cryptocurrency Trader in Its Markets Unit

Goldman Sachs has made its first hire in its cryptocurrency markets unit, signalling its seriousness in helping clients to invest in digital currencies. The Wall Street bank has hired Justin Schmidt, a former trader, as vice president and head of digital asset markets in Goldman’s securities division, according to a report from Tearsheet. Since December reports have […]

UK Crypto Exchange Will Launch First ‘Physically Delivered’ Bitcoin Futures Next Month

UK Crypto Exchange Will Launch First ‘Physically Delivered’ Bitcoin Futures Next Month

UK-based cryptocurrency exchange Coinfloor will launch the world’s first “physically delivered” Bitcoin futures contracts in April 2018, an executive told Reuters March 14. Speaking to Reuters during the Futures Industry Association’s annual conference in Florida, Coinfloor’s co-founder Mark Lamb announced that the exchange would shortly unveil a dedicated futures exchange called CoinfloorEX, which would showcase the pioneering product. The […]

US: Super Bowl Ad Uses Singer Lionel Richie To Advertise BTC Futures

US: Super Bowl Ad Uses Singer Lionel Richie To Advertise BTC Futures

Super Bowl LII, the US NFL championship game played yesterday, Feb. 4 between the Philadelphia Eagles and the New England Patriots, featured a television ad from brokerage firm TD Ameritrade that advertised Bitcoin (BTC) futures. Singer Lionel Richie appeared in the US-based brokerage firm’s ad describing a customer’s ability to trade 24 hours a day, 5 days a week […]

Former FDIC Chair Says ‘We Don’t Ban Assets,’ Bitcoin Just Needs To Be Regulated

Former FDIC Chair Says ‘We Don’t Ban Assets,’ Bitcoin Just Needs To Be Regulated

Sheila Bair, former US Federal Deposit Insurance Corporation (FDIC) chair, told CNBC’s “Fast Money” on Friday, Jan. 19 that there is no precedent to ban Bitcoin (BTC) as an asset, but there is a need for additional regulation of digital currencies. Bair had previously written a December 2017 op-ed on Yahoo along the same theme of more regulation without any bans against BTC. […]

Down 14 Percent: Bitcoin Charts Bearish Amid Asia Concerns

Down 14 Percent: Bitcoin Charts Bearish Amid Asia Concerns

Bitcoin is taking a hit today, touching 3.5 week lows at the time of writing. Data source OnChainFX indicates that bitcoin (BTC) has depreciated by 14 percent in the last 24 hours. At press time, prices were was at $11,966 levels, according to CoinDesk’s Bitcoin Price Index. Notably, the world’s largest cryptocurrency by market capitalization is down 40 […]

What Comes After the Futures? The Next Chapter for Bitcoin

What Comes After the Futures? The Next Chapter for Bitcoin

On the ninth anniversary of Satoshi Nakamoto’s white paper, one of the world’s most respected derivatives providers, the CME Group, announced it would launch a regulated bitcoin futures market. Not to be understated, this was a pivotal moment in bitcoin’s history, and quite simply, the future has never been brighter. It’s safe to say that 2017 has […]