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Tag Archives: Futures

Bitcoin Futures Trader Discusses Bitcoin Price Points, Significance of ETFs

Investor and Bitcoin futures trader Jeff Kilburg spoke with CNBC today about his continued enthusiasm for investing in the digital currency, despite lows that, as of late, have rattled some traders. Bitcoin Futures, Exchange-Traded Funds “Futures Now” trader Jeff Kilburg, at the Chicago Mercantile Exchange (CME), spoke with CNBC’s Jackie DeAngelis about Bitcoin in the short term yesterday. To kick things ...

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Counterparties Could Foot the Bill For $416 Mln BTC Futures Trade Shortfall on OKEx

Crypto exchange OKEx has issued an official statement today, August 3, in response to its forced liquidation of a colossal misfired Bitcoin (BTC) futures trade worth a notional $416 million that was initiated by an unidentified problem trader earlier this week. OKEx, currently the world’s second largest exchange by traded value, has said that its risk management alert system was ...

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NYSE Operator Announces New Global Digital Assets Platform, Plans Bitcoin Futures Launch

Intercontinental Exchange (ICE), the operator of 23 leading global exchanges including the New York Stock Exchange (NYSE), has announced plans to create a Microsoft cloud-powered “open and regulated, global ecosystem for digital assets,” according to a press release published August 3. The operator of NYSE is forming a new company, dubbed “Bakkt,” and will work alongside a marquee group of ...

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Bitcoin Price Dips Below $7,400 Amid Futures Volatility, Eyes $7,000 Support

Bitcoin (BTC) dropped around 2 percent Friday, August 3, failing to find support to stay above the $7,500 barrier for the first time this week. Market visualization from Coin360 Data from Cointelegraph’s price tracker and Coin360 show a sudden dip downwards from $7,550 Friday, with BTC/USD trading around $7,363 at press time. That figure marks Bitcoin’s lowest since the end ...

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CME Won’t Be Listing New Cryptocurrency Futures Anytime Soon: CEO

CME Group, the second regulated U.S. derivatives market to list bitcoin futures and by far the largest trading venue for these products, will not be listing any new cryptocurrency futures anytime soon, the firm’s chief executive said on Thursday. Speaking with Bloomberg Television, CME Group CEO Terry Duffy said that the reputation of his firm is “too important” to him ...

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CME Will Not Introduce Altcoin Futures Anytime Soon, Says CEO

The Chicago Mercantile Exchange (CME) will not introduce futures on cryptocurrencies other than Bitcoin (BTC) in the near future, CME CEO Terry Duffy revealed in an interview with Bloomberg July 26.   In the interview, Duffy said that the company should first evaluate and develop an approach for Bitcoin, stressing that Bitcoin futures “might have been the most controversial launch of ...

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Institutional Investors Swap Bitcoin Futures for Physical BTC in Wall Street First

Bitcoin took a significant step toward becoming a mainstream financial instrument this week, as two institutional investors completed the first-ever exchange for physical (EFP) transaction involving bitcoin futures. The CME EFP Bitcoin transaction, facilitated by E D & F Man Capital Markets, a registered futures commission merchant, and itBit, an institutional-grade cryptocurrency exchange, saw two institutional traders swap a position ...

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