Exactly one week later, CME
launched trading of Bitcoin futures contracts on their platform, which was met with a drop in Bitcoin's price.
Since the opening, contracts have also notably continued trading at a premium against the price of bitcoin, which according to CoinDesk's Bitcoin Price Index (BPI), were trading above $ 19,400 when CME
launched trading of the bitcoin futures.
On December 10, 2017, the Chicago Board Options Exchange (CBOE), one of the leading derivatives exchanges in the US officially
launched the trading of bitcoin futures contracts.
Since the opening, contracts have also notably continued trading at a premium against the price of bitcoin, which according to CoinDesk's Bitcoin Price Index (BPI) was $ 19,400 when CME
launched trading of the bitcoin futures.
The multinational banking and financial services giant announced plans to
launch trading of Bitcoin futures on the Chicago Mercantile Exchange (CME), but the head of the institution has been no less bullish on his stance on Bitcoin.
Anticipation was in the air as the Chicago Mercantile Exchange became the second mainstream financial institutions to
launch trading of Bitcoin Futures contracts on their exchange.
Not exact matches
Revolut
launched cryptocurrency
trading through its app at the end
of 2017 and Storonsky said the company saw an uptick in activity but it has since trailed off as the price
of bitcoin has fallen.
That's why they waited for months to obtain licensing from the New York Department
of Financial Services before
launching Gemini, a
bitcoin exchange that will open for
trading on Thursday.
Many digital currency enthusiasts expected that the
launch of futures by the two major exchanges would pave the way for a
bitcoin exchange -
traded fund, which would likely bring even more institutional funds into cryptocurrencies.
The venue subsequently said it would look into claims
of insider
trading after it was revealed that the price
of bitcoin cash rose hours before it
launched the feature.
Bobby Cho, head trader at major
bitcoin trading company Cumberland, a subsidiary
of DRW, pointed out that the CME futures were
trading closer to the actual price
of bitcoin than the Cboe contract had at
launch last Sunday.
Goldman Sachs is
launching a new operation that will use the firm's own money to
trade bitcoin - related contracts on behalf
of its clients.
The Commodity Futures
Trading Commission, the federal regulatory body that oversees the
Bitcoin futures markets, has taken steps to reduce the risk
of market manipulation and
launched a website to educate traders.
This astronomical growth has a lot
of people jumping into the game, especially now that both
Bitcoin futures
trading and the world's first crypto - index fund (which is only open to «accredited investors» who meet certain income or net worth minimums)
launched this week.
New futures contracts based on the price
of the digital currency began
trading Sunday on the Chicago Mercantile Exchange, a week after
bitcoin futures
launched on rival exchange Cboe.
These new funding options coincide with the
launch of Bitcoin - pound (XBT / GBP)
trading (
Bitcoin - USD
trading was already available on the exchange).
Kraken announces the beta
launch of margin
trading, becoming one
of the few exchanges allowing clients to
trade bitcoins on margin.
Polish authorities in the town
of Lodz have
launched an official investigation into the closure
of Bitcurex, a
Bitcoin trading platform that
launched in 2012, and closed earlier this year.
Kraken also offers dark pool
trading for
bitcoin, which
launched in June
of 2015.
Stranger things have happened in a week when Goldman Sachs officially
launched its
bitcoin trading desk and South Korea is pushing to legalize initial coin offerings instead
of banning them.
Goldman Sachs CEO Lloyd Blankfein publicly revealed he «is still thinking about
Bitcoin» without «endorsing / rejecting» it after reports of a the bank launching a dedicated bitcoin trading ope
Bitcoin» without «endorsing / rejecting» it after reports
of a the bank
launching a dedicated
bitcoin trading ope
bitcoin trading operation.
The
launch of bitcoin futures
trading will provide an opportunity to the institutional investors to diversify their investments into a new asset class.
The company initially
launched trading on crypto contracts for difference (CFD) back in October
of last year, with the implementation
of bitcoin and ethereum CFDs.
Traders are accusing Coinbase and its GDAX
trading platform
of «insider
trading» after
Bitcoin Cash (BCH) appeared to reach $ 9000 in a failed
launch.
The
launch of bitcoin futures in December was perhaps the biggest step toward weeding out volatility from crypto
trades.
«We are vehement to enhance our cryptocurrency preparation height with the
launch of Bitcoin Trading Academy, a cutting - edge cryptocurrency
trade preparation core which follows the Company's successful November 2017
launch of newcoins168.com, a Chinese denunciation cryptocurrency and blockchain record news and information site.
In a statement to ETHNews, CBOE director
of corporate communications Suzanne Cosgrove said the exchange plans to «offer
trading in cash - settled bitcoin futures, pending review by the [Commodity Futures Trading Commission]» and hopes to launch the futures «as early as fourth - quarter 2017 or early 2018, again, subject to regulatory review.
trading in cash - settled
bitcoin futures, pending review by the [Commodity Futures
Trading Commission]» and hopes to launch the futures «as early as fourth - quarter 2017 or early 2018, again, subject to regulatory review.
Trading Commission]» and hopes to
launch the futures «as early as fourth - quarter 2017 or early 2018, again, subject to regulatory review.»
Bitcoin futures
trading launched this week on the Cboe exchange, gaining more than 19 percent Monday in the first full day
of trading.
Bitcoin was seen as coming to the big leagues with the
launch of U.S. futures
trading in December.
CME Group will
launch Bitcoin futures, based on the CME CF
Bitcoin Reference Rate (BRR), in Q4 2017, building off
of the success
of the BRR and demand for a regulated
trading venue for the digital asset market.
The
launch of futures on a regulated exchange is a watershed for
bitcoin, whose surge this year has captivated everyone from mom - and - pop speculators to Wall Street
trading firms.
Goldman Sachs is
launching a new operation that will use the firm's own money to
trade bitcoin - related contracts on behalf
of its clients.
Instead, JB Mackenzie, a managing director on brokerage TD Ameritrade's futures and forex
trading team, is going to be watching Cboe Global Markets»
launch of bitcoin futures.
Alpari has joined a growing list
of international forex and CFD brokers who have recently
launched bitcoin and cryptocurrency
trading pairs.
As one
of the first brokers to offer online crypto
trading on more than 20 digital currencies including
Bitcoin, Ripple and Ethereum, creating its own token is a logical next step, however ExpertOption is choosing to go beyond and
launch a crypto exchange that can fully support investor's needs.
The Indian government is unlikely to criminalize the holding and
trading of cryptocurrencies, especially now that world leaders such as Japan and Germany have already embraced their use as legal tender, with the United States only recently announcing the
launch of bitcoin futures in November 2017.
New
bitcoin exchanges don't tend to get much fanfare these days in the mainstream media, however, the
launch of BTXCapital, a
trading platform targeting the Iranian market, bucked this trend.
It appears that more and more traders are jumping onto the cryptocurrency bandwagon, as is evident by the CME Group announcing that they were
launching Bitcoin futures
trading by the end
of the year.
Cryptocurrency exchange Coinbase has been hit by a class action lawsuit over alleged insider
trading during its
launch of bitcoin cash
trading.
COINUT, a Singapore
bitcoin exchange that shut down last year for two months to redevelop and relaunch today announced the
launch of new iOS and Android mobile apps to allow users to
trade cryptocurrencies within an improved interface.
GDAX, the digital asset exchange run by Coinbase, has resumed
trading of bitcoin cash hours after its initial - and tumultuous - effort to
launch a market for the breakaway cryptocurrency.
TradeBlock, a leading New York - based provider
of institutional
trading tools for
Bitcoin and other cryptocurrencies today announced the
launch of its new indices, with this
launch it will be expanding the number
of digital currencies for which institutional - grade reference rates are offered.
Interest from institutional investors for cryptocurrency
trading continues apace in 2018, with the rising popularity
of Bitcoin, alt - coins, ICOs and the
launch of Bitcoin futures products at the end
of 2017 by major exchange operators Chicago Mercantile Exchange (CME) and Chicago Board Options Exchange (CBOE).
Bitcoin was seen as coming to the big leagues with the
launch of U.S. futures
trading in December.
The bank is also one
of the first to support the
Bitcoin Futures
trading, which has been recently
launched by some US exchanges, namely CBOE and the CME Group.
While the
Bitcoin futures contracts were
launched with great fanfare last December by two
of the world's largest and most respected exchanges, CME and Cboe, most people aren't even aware that Ripple's XRP futures had already been
trading for the last 18 months.
Since
launching in 2013, the itBit team has strived to push the boundaries
of sophistication in
bitcoin trading.
Kraken, a global
bitcoin exchange headquartered in San Francisco, announced the
launch of Monero (XMR)
trading, which effectively enables users to
trade Monero with
bitcoin, U.S. dollars and euros.
China - based
bitcoin and cryptocurrency exchange company Huobi announced some big news today, informing
of the
launch of Huobi.pro, which will serve as a blockchain asset only
trading platform.
According to its website, the online stock brokerage firm - which
launched the
trading of CBOE
bitcoin futures last month - opened up
trading of bitcoin futures from CME Group for customers as
of Tuesday evening.