Archive | CME

Exchanges Round-Up: CME Rejects Altcoins, Waves DEX Hacked on Launch

In recent news pertaining to cryptocurrency exchanges, the CEO of Chicago Mercantile Exchange (CME) has indicated that the company has no intentions of introducing derivative markets for alternative cryptocurrencies in the near futures; Waves’ decentralized exchange was hacked upon launch; and the founder Pakcoin has attributed Pakistan’s slow rate of cryptocurrency adoption to low literacy […]

CME to Stick With Bitcoin Before Spreading the Field

CME, the world’s largest exchange operator, says that it is in no rush to list more cryptocurrencies to Bitcoin futures trading at this time. CME Group is the world’s leading and most diverse derivatives marketplace, handling 3 billion contracts worth approximately USD 1 quadrillion annually. The financial giant, which is also the owner of the […]

Exchanges Round-Up: CME Volume Doubles Q2, Lawyer Predicts SEC Delays ETF Until March

In recent news pertaining to cryptocurrency exchanges, Chicago Mercantile Exchange (CME) has revealed that trading volume on its bitcoin futures markets nearly doubled during Q2; lawyer Jake Chervinsky has predicted that the United States Securities and Exchange Commission (SEC) may postpone its determinations regarding Vaneck’s proposed bitcoin exchange-traded fund (ETF) until March 2019; and Bitmex […]

Wall Street Completes Historic First Exchange of Bitcoin Futures for Actual Bitcoin

For the first time in history, Bitcoin futures contracts have been exchanged for actual Bitcoins, which is known as an exchange for physical (EFP) in the futures markets. The trade was facilitated by itBit, headquartered in New York City and the home of Wall Street, and the registered futures commission merchant ED&F Man Capital Markets. […]

Bitcoin Dominates Fortune’s Most Impressive, Young Superstars List

“For the first time ever,” Fortune magazine announced, it “has assembled a supplementary honor roll of the most impressive, young superstars who are transforming business at the leading edge of finance and technology.” They’ve selected forty representatives from all over fintech, and each is under forty years old. Among them are many cryptosphere leaders finally […]

Bitcoin Makes a Mid-Year Leap Forward of 12%

Bitcoin has taken a 12% jump today after last week’s lows and is now trading at USD 6,611 at time of writing. This will be perceived by many to be the long-awaited upward hit that the digital currency has been waiting for after hitting its lowest level since November last week. Last week’s price was […]

Kraken Claims Bloomberg is Manipulating Bitcoin Futures Market

Crypto exchange Kraken has responded to a recent article by Bloomberg that argues Tether (USDT) is being manipulated on their exchange. Kraken took a dig at the article’s complex headline and insinuated that the article was written to have an effect on the price of futures trading. Kraken Swipes at Bloomberg Four Bloomberg reporters claimed… […]

Cboe Says ICO Market Will Come After Investors, and It’s Not Looking Good

Chris Concannon, the president of the Chicago Board Options Exchange (Cboe), the world’s biggest derivatives market behind CME Group, has warned investors in tokens and initial coin offering (ICO) projects of an upcoming two-part regulatory reckoning. ICO Investors Could be in Trouble In an exclusive interview with Frank Chaparro from Business Insider, Concannon said that […]