Photo: ShutterstockThe Chicago Mercantile Group (CME) has seen a massive surge in the trading volumes for its Bitcoin futures contracts, over the last few months. Taking a step ahead, the CME group has requested the U.S. Commodity Futures Trading Commission (CFTC) to allow it to double the trading limits from 5000 BTC to 10,000 BTC tokens.Currently, CFTC has kept an upper limit of 1000 Bitcoin Futures contracts per individual trader using the CME platform. In a letter to CFTC, the CME Group...
Read More »BNY Mellon Officially Named as Transfer Agent for Bitwise’s Proposed Bitcoin ETF
Photo: Bitwise / TwitterBitwise has tapped into the experience of the Bank of New York Mellon. It has appointed the BNY Mellon to serve as the administrator and transfer agent for its forthcoming Bitcoin exchange-traded fund (ETF). Bitwise filed an amendment to its Bitwise Bitcoin ETF S-1 form on September 11. It then submitted the amendment to the United States Securities and Exchange Commission (SEC) on the same day.The amendment lists Foreside Fund Services as the marketing agent, BNY...
Read More »Seed CX’s Subsidiary Zero Hash Will Now Support Crypto Derivatives Transactions
Seed CX is a cryptocurrency derivatives platform. Now with the help of its subsidiary Zero Hash, the company plans to offer bilateral crypto derivatives transactions. That way, Seed CX aims to attract financial institutions to settle derivatives on their platform.The company announced that initially, it will support back-office settlement functions for Bitcoin forwards. Later, the firm plans to add support for options as well, but the approximate time frame wasn’t specified.As the company...
Read More »Bakkt: Our ‘Bitcoin Warehouse’ Is as Revolutionary as the ATM
Bakkt CEO Adam White said that his firm's "Bitcoin Warehouse" will be revolutionary "like the...ATM." | Source: ShutterstockLast week, Bakkt opened its "Bitcoin Warehouse" for the storage of customer deposits and withdrawals ahead of its Bitcoin Daily & Monthly Futures launch later this month. Now, Bakkt CEO Adam White is waxing poetic about the revolutionary effect he expects it to have on the financial industry when it goes live on September 23.Today our Warehouse opens for customer...
Read More »Bakkt Is Finally Taking Bitcoin Deposits, but You Wouldn’t Know It
Bakkt picked a tough day to begin securing assets, but it's still been on bitcoin's highlight reel in 2019. | Source: ShutterstockBakkt has been hailed as the leading catalyst for the bitcoin market this year, while visions of institutional capital danced in the crypto community's collective heads. Today the bitcoin futures exchange made one giant leap toward its official launch by opening up Bakkt Warehouse Custody, which is the arm of the business that will keep big investors' funds safe...
Read More »Are VanEck ‘ETF’ and Bakkt Catalysts to Take Bitcoin to 2019 High Again?
VanEck and SolidX are reportedly selling a “limited version” of a bitcoin ETF after every BTC ETF proposal has been rejected by the SEC. | Source: ShutterstockPrimarily targeting institutional investors, VanEck and SolidX are reportedly selling a “limited version” of a bitcoin exchange-traded fund (ETF) after every bitcoin ETF proposal has been rejected by the Securities and Exchange Commission (SEC) to date.According to the VanEck SolidX Bitcoin Trust 144A Shares proposal, qualified...
Read More »#694 Bakkt BTC Futures Start 6. September, Proteste in Hongkong Bitcoin Adaption & Gram Launch Oktober
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 694. Heute geht’s um folgende Themen: Bakkt Kunden können ab 6. September Bitcoin einzahlen, Proteste in Hongkong fördert Bitcoin Adaption & Telegram Gram Launch Oktober. 1.) Bakkt Warehouse: Kunden können ab 6. September Einzahlungen machenhttps://de.cointelegraph.com/news/bakkt-clients-can-start-warehouse-deposits-on-sept-6 2.) Proteste in Hongkong führen zur erweiterten Einführung von...
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