Tag Archives: CME

CFTC Chair: Crypto Needs ‘Do No Harm’ Approach That Regulators Gave the Early Internet

CFTC Chair: Crypto Needs ‘Do No Harm’ Approach That Regulators Gave the Early Internet

U.S. Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo has said that crypto needs a “do no harm” approach from regulators to flourish, in an interview at the annual Singapore Summit today, Friday 14. Chairman Giancarlo said he took the precedent from the early days of the Internet, which he argued was able to develop and […]

Goldman Sachs Is Reportedly Weighing a Crypto Custody Service

Goldman Sachs Is Reportedly Weighing a Crypto Custody Service

Having launched bitcoin futures trading in May, Goldman Sachs is now pondering the launch of a cryptocurrency custody service, according to Bloomberg. In a report published Monday, the news service cites anonymous sources as saying that the investment bank is mulling the creation of a secure storage service aimed at crypto funds to help protect them against the risk […]

Bitcoin Hovers Near $7,000, While Altcoins Show Marked Signs of Recovery

Bitcoin Hovers Near $7,000, While Altcoins Show Marked Signs of Recovery

August 5: After yesterday’s market nosedive, Bitcoin (BTC) is up just slightly, hovering around the $7,000 mark. All major altcoins are however showing marked signs of recovery, up between one and seven percent, as data from Coin360 shows. Market visualization from Coin360 Bitcoin (BTC) is trading around $7,040 to press time, holding ground on the day after its rapid tumble yesterday back to a price […]

Despite NYSE’s ‘Biggest News of the Year’ for Bitcoin, Crypto Markets Plummet in a Blink

Despite NYSE’s ‘Biggest News of the Year’ for Bitcoin, Crypto Markets Plummet in a Blink

Crypto markets have taken a vertiginous plunge today, August 4, with Bitcoin (BTC) losing almost $500 in the six hours before press time to dip below $7,000, and all of the top ten cryptocurrencies by market cap in the red, as data from Coin360 shows. Market visualization from Coin360 Bitcoin (BTC) is trading around $7,028 to press time, having lost almost […]

Bitcoin Breaks $8,000 as Selected Alts See Slight Recovery

Bitcoin Breaks $8,000 as Selected Alts See Slight Recovery

July 24: Bitcoin (BTC) broke through the $8,000 price point this morning, as the top cryptocurrency continues to outperform most other crypto assets, according to data from Coin360. In the days following the strong upswing that kicked off across the crypto market on July 16 and accelerated further on July 17, Bitcoin has sustained positive momentum while other alts slid into negative territory. […]

Crypto Markets See Solid Upswing, Bitcoin Pushes $7,500

Crypto Markets See Solid Upswing, Bitcoin Pushes $7,500

Crypto markets are seeing mostly green today, July 21, continuing the momentum of this week’s upswing. The top ten altcoins are solidly regaining strength today, up as much 8 percent, according to Coin360, with Bitcoin (BTC) only slightly in the green, hovering near yesterday’s levels. Market visualization from Coin360 The top cryptocurrency is currently trading at $7,426 at press time, […]

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 […]

Bitcoin Price Sees Second Dip Below $6K This Year as CME Futures Expire

Bitcoin Price Sees Second Dip Below $6K This Year as CME Futures Expire

Bitcoin fell below $6,000 for the second time in a week Friday, June 29, the day CME Group’s Bitcoin futures end their last day of trading for the month. Data from Cointelegraph’s price index and Coin360.io show Bitcoin continuing a trend of declines in the run-up to futures expiration dates. At press time Friday, BTC/USD is trading around $5,850, down […]

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 […]