Tag Archives: CME

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 […]

SEC Has Removed ‘Stumbling Block’ for Ether Futures, Says Cboe President

SEC Has Removed ‘Stumbling Block’ for Ether Futures, Says Cboe President

Cboe Global Markets may now be close to launching an ether futures product, following a recent comment from a U.S. Securities and Exchange Commission (SEC) official indicating that the agency doesn’t consider ethereum’s native cryptocurrency a security. On Thursday, the SEC’s director of corporation finance William Hinman notably said that, based on his understanding of “the ethereum network […]

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 […]