Archive | CME

Ethereum Futures May Emerge Soon, as SEC Clarifies Ether is Not Security

Ethereum futures may be a thing of the very near future says the Cboe now that the SEC has made an official ruling that Ethereum is not a security. SEC Offers Clarity to Ethereum Thursday’s announcement by the US Securities and exchange commision head William Hinman at the Yahoo Finances all market summit Crypto in… […]

Moody’s, Fitch, S&P: Bitcoin Futures Considered Risky

The top three credit rating agencies, S&P, Moody’s and Fitch, said they consider Bitcoins future exchanges to be risky business, and that banks which clear Bitcoin futures contracts could have their credit rating downgraded if Bitcoin futures trading volume continues to grow. The credit rating agencies assign letter grades to banks, corporations, and governments to […]

Wall St “Crypto King” Bullish on New Market Jump Start, Needs Clarity

Bart Smith, the head of digital assets at Susquehanna International Group, once crowned “Wall Streets Crypto King” claims that institutional investors will re-stimulate the cryptocurrency market once more regulatory clarity is provided, according to CCN. Smith, who launched a crypto desk which buys and sells millions of dollars in bitcoin and other cryptocurrencies, asserts that […]

Bitcoin Price Watch: Currency Tanks by Nearly $1,000

At press time, the price of bitcoin has fallen dramatically, and the currency is now trading for just over $6,700. This is about $900 less than where it stood just 24 hours ago. Investors were excited by the prospects that bitcoin had recently struck the $7,700 mark, and could potentially hit $8,000 again in the […]

US Regulators Subpoena Coinbase, Kraken and Bitstamp in Bitcoin Probe

The US Commodity Future Trading Commission (CFTC) has subpoenaed Coinbase, Kraken, Bitstamp, and ItBit in an ongoing Bitcoin manipulation probe started last month, reports Coingape. It is thought that the investigation has been initiated due to the distorted prices in the futures market. Coinbase is one of the world’s major cryptocurrency exchanges with Kraken in 24th position […]

Bitcoin ETF: Firms Team, Reapply, $200,000 Price Targets Wall Street Institutions

Van Eck and Solid X have teamed, after both failed previously to gain formal regulatory approval for their respective bitcoin core (BTC) exchange traded fund (ETF) proposals, reapplying to the US Securities and Exchange Commission (SEC) today. They’re proposing a physically backed bitcoin ETF, the Van Eck Solid X Bitcoin Trust, and it just might […]

CME Launches Two Ethereum Indexes but Has No Plans for ETH Futures

Cryptocurrency futures have proven to be somewhat intriguing traditional trading vehicles. More specifically, they allow institutional investors to be exposed to cryptocurrency without buying Bitcoin directly. It now seems CME is looking toward the future by introducing Ethereum indexes. It’s an interesting development, although Ethereum futures contracts are not on the roadmap as of yet. What […]

CME in Partnership With UK Exchange Launches Ethereum Index

The CME has launched two new indexes on Monday to track the price of Ether the second largest cryptocurrency. CME Launches Ethereum Index According to a press release, The Chicago Mercantile Exchange (CME Group) partnered with UK based digital asset exchange Crypto Facilities have launched the CME CF Ether-Dollar Reference Rate and Real Time Index, according… […]

Ethereum Futures in US One Step Closer as CME Deal is Struck

Chicago Mercantile Exchange & Chicago Board of Trade (CME Group Inc) announced a partnership with Crypto Facilities Ltd to list the price of ether in real-time dollars. Information from major cryptocurrency exchanges Bitstamp and Kraken will be used to determine the CME CF reference rate. This could be a hint of things to come for […]

CFTC’s Christopher Giancarlo Criticizes Outdated Regulatory Mandate

The chairman of the United States Commodity Futures Trading Commission (CFTC), Christopher Giancarlo, recently discussed the challenges associated with assessing the regulatory implications of bitcoin and cryptocurrency according to the CFTC’s “decades[-]old” legislative mandate. Also Read: Openbazaar Co-Founder Expresses Frustration Over BTC Fees CFTC Chairman Criticizes 1930’s Legislative Apparatus In a recent interview with CNBC, Mr. […]

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… […]