Popular crypto exchange Coinbase will launch Bitcoin and Ethereum futures contracts for institutional investors on June 5, the company said on its website. The company will launch these products through CFTC-regulated Coinbase Derivative Exchange, promising lower fees than other US-regulated derivatives exchanges. BTI and ETI for Institutional Investors Coinbase has partnered with leading FCMs (Futures Commission Merchants), brokers, and front-end providers to enable...
Read More »The U.K. Paves the Way for Bitcoin Futures Options
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The London Stock Exchange Group (LSEG) has joined hands with Global Futures and Options (GFO-X) to give the U.K. access to regulated trading and clearing in both bitcoin index futures and options. The U.K. is Changing Its Attitude Towards Crypto The U.K. has had a very up-and-down history with bitcoin and...
Read More »Argentina Approves BTC Index Futures Contracts on Matba Rofex Exchange: Report
Argentina’s securities regulator – the National Commission of Value (CNV) – reportedly authorized the local exchange Matba Rofex to launch regulated Bitcoin index futures contracts. Argentines have recently shown rising interest in the primary cryptocurrency and other digital assets. One factor behind the surging appetite could be the concerning inflation rate in the country and the political instability. Additional BTC Options for the Locals The BTC index futures contracts...
Read More »Bitcoin Futures Index to Debut in Argentina in May
A Bitcoin futures index in Argentina is a huge relief as the country is currently struggling with high inflation. CNV, The securities regulator in Argentina, has approved a Bitcoin futures index on a local exchange. Following the approval, the Bitcoin futures index will launch in Argentina in May on Matba Rofex. The exchange got the green light to roll out the Bitcoin futures next month, boasting as the first Latin American exchange to onboard such a product. Authorizing the Bitcoin-based...
Read More »CME Group Launches Euro-Denominated Bitcoin and Ether Futures
The Chicago Mercantile Exchange (CME) has announced the launch of euro-denominated Bitcoin and Ether futures in its marketplace. According to a press release from CME Group, Bitcoin and Ether Euro futures will each be sized at 5 Bitcoin and 50 Ether per contract. Contracts will be cash-settled, based on the CME’s euro reference rate for each cryptocurrency. That means that they won’t deal in the exchange of actual Bitcoin or Ethereum. “Our new Bitcoin Euro and Ether Euro...
Read More »Nomura Launches Over-the-Counter Bitcoin Derivatives
Japanese financial services giant Nomura has launched bitcoin derivatives for its institutional clients. The first trades were executed by Cumberland DRW on behalf of Nomura on the CME. Over-the-Counter BTC Futures and Options Nomura’s over-the-counter bitcoin futures and options will be available to institutional clients. They will be non-deliverable and have to be settled in cash, media reports said. Talking about the partnership with Cumberland DRW, Nomura’s head of...
Read More »Eurex announces launch of Bitcoin ETN futures
Die European Exchange ist eine der weltweit größten Terminbörsen für Finanzderivate, die 1998 aus dem Zusammenschluss der DTB und der zur SWX Swiss Exchange gehörenden SOFFEX hervorging. Eurex, the leading European derivatives exchange, announced the launch of Bitcoin ETN futures. With the new contract, Deutsche Börse Group’s derivatives arm offers clients access to the price of Bitcoin in a regulated on-exchange and centrally cleared...
Read More »Citi Awaits Regulatory Approval to Start Trading Bitcoin Futures on CME: Report
US multinational investment banking giant Citigroup is reportedly considering trading bitcoin futures, stating that it has witnessed an increased interest in BTC from its institutional clients. CME Looking to Trade CME Bitcoin Futures According to a report by CoinDesk on Tuesday (August 24th, 2021), an anonymous source within the bank revealed that Citi is working on receiving the regulatory green light to begin trading bitcoin futures on the Chicago Mercantile Exchange...
Read More »Bitcoin Futures Funding Rates Are Negative After May’s Crash: The Longest Period Since March 2020
On-chain data suggests that the bullish enthusiasm among bitcoin investors has been slashed, alongside its price. Even while the price has stabilized itself within the $30-35k range for weeks now, funding rates have been consistently negative for that entire time, indicating that investors don’t expect the price to return to its former highs anytime in the next short-term, at least judging by this metric. What are Funding Rates in the Bitcoin and Crypto Perpetuals? Due to the...
Read More »Bitcoin Could Be Getting Ready to Jump Again, Analysts Say
Bitcoin – the world’s biggest and most popular cryptocurrency by market cap – is shooting back up. At the time of writing, the asset is trading for just over $57,000. This is a huge improvement over the $54,000 it was at a few days ago and the $49,000 per unit it was stuck at early last week. Bitcoin May Grow Again Soon For the most part, it was believed that bitcoin would likely continue its bullish patterns into the month of May, though thus far, this period is proving...
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