In a recent interview with BusinessInsider, BitMex's head of development, Grey Dwyer, stated following regarding the concerns
around Bitcoin futures:
As CoinDesk previously reported, firms like VanEck had to withdraw their push to create long and short - style ETFs
around bitcoin futures because such products hadn't yet been successfully released and traded.
There has been opposition from some banks who expressed concern at a lack of transparency and regulation
around Bitcoin Futures.
There has been opposition from some banks who expressed concern at a lack of transparency and regulation
around Bitcoin Futures.
Not exact matches
A Nasdaq spokesperson said that the exchange's
futures would differentiate from CBOE and CME because Nasdaq would base its price off of 50
bitcoin sources from
around the world, while CBOE is currently using one and the CME is using four.
The ecosystem
around bitcoin is still changing, but U.S. Commodity
Futures Trading Commission Chairman J. Christopher Giancarlo said the popular cryptocurrency is part currency, part security and part digital coin.
But Vorhees shares Byrne's view that
bitcoin and Ethereum remain the most promising crypto - currencies, and that not all of the «major» currencies will be
around in the
future.
With Federal officials testifying to Congress last November that despite its darker uses, the online currency has real - life benefits for lubricating global financial systems, the
future appears bright for
Bitcoin — and the companies Draper plans to build up
around it.
Bitcoin futures are here — and binary options, too — which means bitcoin ETFs might be just around th
Bitcoin futures are here — and binary options, too — which means
bitcoin ETFs might be just around th
bitcoin ETFs might be just
around the bend!
Bitcoin has had a good run, and there is still reason to believe it may be
around for the foreseeable
future.
This is important news from a
bitcoin fundamentals standpoint as it can be viewed as a big step forward in settling the block size debate and eliminating the lingering uncertainty
around bitcoin's
future.
There are theories that central banks
around the world are doing what they can to discredit
Bitcoin because of its potential to be a gold standard in the near
future.
Just when you thought you finally got your head
around bitcoin, along comes a new
bitcoin - linked financial product:
bitcoin futures...
There has been a lot of media buzz in the investment world
around the introduction of
bitcoin futures trading.
The ecosystem
around bitcoin is still changing, but U.S. Commodity
Futures Trading Commission Chairman J. Christopher Giancarlo said the popular cryptocurrency is part currency,...
The primary use case of
bitcoin today is as a store of value like a savings or an investment but in the not so distant
future, we will see
bitcoin and other cryptocurrencies like
bitcoin emerge as the dominant medium of exchange in a growing number of communities
around the world.
Screen captures shared on Twitter show that during the period, the price of
bitcoin futures on OKEx first started the fall
around 22:00 UTC and dropped to nearly $ 5,200.
Support for
Bitcoin Classic, which intends to deploy a block size limit increase to 2 megabytes via a hard fork, currently sits
around 5 percent of the network hashrate, and representatives from the vast majority of
Bitcoin miners and mining pools have no intention of breaking the previous agreement to run only
Bitcoin Core software for the foreseeable
future.
They're going to develop
futures markets, options markets, I even think you're going to start to see interest rate markets
around bitcoin.
Every financial regulatory body
around the world seems to be trying to wrap their heads
around Bitcoin and its underlying blockchain technology these days, and the Commodity
Futures Trading Commission (CFTC) in the United States is not immune to this trend.
Popular
Bitcoin and altcoin exchange Poloniex has submitted a request for no action relief to the Commodities and
Futures Trading Commission (CFTC)
around potential allegations that required timing of the «actual delivery» of cryptocurrency, regulated by a 28 day period in the Commodity Exchange Act (CEA), has been violated.
The
Bitcoin futures contract are going to be cash settled using the
Bitcoin Reference Rate which is a daily settlement price published as per USD price of one
Bitcoin at London time 4 p.m. Designed
around the architecture of IOSCO Principles for Financial Benchmarks, the
Bitcoin Reference Rate is calculated by accumulating pricing data from GDAX, Kraken, Bitstamp and iBit.
The CME Group gave
bitcoin investors
around the world a bit of a Halloween treat when they announced plans to allow
bitcoin futures to be traded on their exchange.
Dec. 5 saw
bitcoin at a similar level, however, that was when the cryptocurrency was climbing fast on the way to setting a new price record
around $ 20,000, as the launch of
bitcoin futures contracts from CME Group and CBOE was being anticipated by the trading community.
«Vertcoin has been
around since 2018, and like most other altcoins, other than experimentation for the potential
future integration into
bitcoin, offers little benefit in my opinion.»
Enthusiasm
around Bitcoin's mainstream potential shows no sign of abating following US regulators» decision to allow
Bitcoin futures trading and other products from CME Group, CBOE and Cantor Exchange.
Derbit, the Lithuanian based
bitcoin futures, and options exchange today notified of adjustments to their margin requirements in anticipation of heavy volatility
around the Winklevoss ETF (COIN) approval decision.
As an example of some of the craze
around bitcoin in Japan, a little over a month ago, it was reported by the Nikkei Asian Review, that 10 new
bitcoin exchanges were set to launch in the near
future.
There has been a lot of media buzz in the investment world
around the introduction of
bitcoin futures trading.
I will be on @SquawkAlley tomorrow morning
around 8:30 am PST to talk about
Bitcoin futures.
Predictions have been dull as most forecasts are
around the $ 9 - 9.4 K USD range for
bitcoin derivatives using both firms»
futures data.
Just when you thought you finally got your head
around bitcoin, along comes a new
bitcoin - linked financial product:
bitcoin futures.
With a current market cap hovering
around $ 100 billion, that would put the digital currency's predicted
future market cap somewhere in the region of $ 1 trillion, giving a single
Bitcoin the value of $ 60,000.
There is a lot of buzz
around cryptocurrency right now as
bitcoin futures hit Sunday evening.
However, regulators largely stuck to the script during the meeting, and some cryptocurrency enthusiasts joked that Commodity
Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo should run for president after he used the word «hodl» and reminded the committee that blockchain originated from
Bitcoin — not the other way
around.
Two more forks are slated to occur but do not yet have a block at which they will split from the
Bitcoin core chain, while another,
Bitcoin Diamond, has already done so and has
futures trading
around $ 50.
Future plans revolve heavily
around the expansion of current mining activities, with the introduction of mining operations for digital assets other than
Bitcoin.
Less than USD 10 million worth of
bitcoin futures were traded on the CBOE in the first hour of trading while at the same time, the popular
bitcoin exchange Bitfinex traded
around USD 170 million worth of
bitcoin.
Over the past week, the
bitcoin price has surged from
around $ 6,500 to $ 7,400, as the market continued to demonstrate optimism towards the launch of
bitcoin futures exchanges by some of the largest markets in the US such as CME and CBOE.
Over in Ukraine, a new proposal revolves
around making
Bitcoin and other cryptocurrencies tax - exempt in the near
future.
With regulated
futures, derivatives, and options exchanges
around bitcoin and cryptocurrencies, high profile traders will be able to move «money on the sidelines» such as offshore bank accounts and wealth management products (WMPs) to
bitcoin, which could potentially add tens of billions of new capital into
bitcoin in the upcoming years.
Bitcoin's (Minimum) 3 - Fork December Two more forks are slated to occur but do not yet have a block at which they will split from the
Bitcoin core chain, while another,
Bitcoin Diamond, has already done so and has
futures trading
around $ 50.
Bitcoin started the year under $ 1,000 / BTC (
around $ 970.00) and quickly zoomed up on
future growth optimism.
Over the past week, the
bitcoin price has surged from
around $ 6,500 to $ 7,400, as the market continued to demonstrate optimism towards the launch of
bitcoin futures exchanges by some of the largest markets in the US such as CME
As with the run - up to
Bitcoin futures trading early December, Demirors suggests however that Wall Street cash could turn its price fortunes
around once again.
The website downtime - which CBOE attributed to significant traffic
around the
futures launch in a post on Twitter - coincided with a sudden surge in the price of
bitcoin, which jumped from $ 14,509 at 22:59 UTC to $ 15,732 at 23:06 UTC according to CoinDesk's Bitcoin Price Index
bitcoin, which jumped from $ 14,509 at 22:59 UTC to $ 15,732 at 23:06 UTC according to CoinDesk's
Bitcoin Price Index
Bitcoin Price Index (BPI).
As CCN reported, OKEx drew criticism last week after the value of its
Bitcoin futures temporarily dropped as low as $ 4,755 in a fevered sell - off, despite the fact that the global average
Bitcoin price hovered
around $ 7,000 during the same period.
This hardline stance from one of the bigger
Bitcoin trading, mining and using countries has seen much of the exuberance
around the recent boom lessen as many other countries wait and see what the
future holds.
Despite what appears to be a healthy total circulation of coins, currently
around $ 275 billion worth, the
futures contracts are pegged off of a blended rate (CME calls this its
Bitcoin Reference Rate or BRF), sourced from a handful of exchanges, or in the case of CBOE, just one exchange.
Compare that to the two - minutes - plus that Ethereum boasts of and the one - hour - plus that
Bitcoin averages
around, and you'll know why this is clearly going to be the cryptocurrency of the
future.