BitMEX Hits $1 Trillion Annual Trading as Bitcoin Futures Explodes

BitMEX Hits $1 Trillion Annual Trading as Bitcoin Futures Explodes

BitMEX, a bitcoin derivatives exchange, has surpassed $1 trillion in annual trading volume, according to a tweet by founder Arthur Hayes. It comes as bitcoin futures trading volumes explode to record highs on the Chicago Mercantile Exchange (CME) platform. Demand for bitcoin derivatives, which allow users to open up long and short positions on bitcoin’s…

Hong Kong Crypto Exchange to Offer Bitcoin Futures with 20x Leverage

Hong Kong Crypto Exchange to Offer Bitcoin Futures with 20x Leverage

TweetShare Hong Kong-based crypto exchange Coin Futures and Lending Exchange (CoinFLEX) has announced that it will be providing futures contracts for cryptocurrencies to Asian investors as from February 2019. CoinFLEX was launched in February 2018 as CoinfloorEX, a division of Coinfloor, the oldest British Bitcoin exchange. However, the venture has now announced that it will be…

Japan May Approve Cryptocurrency ETFs After Saying No to Futures: Report

Japan May Approve Cryptocurrency ETFs After Saying No to Futures: Report

TweetShare The Financial Services Agency of Japan is considering approving exchange-traded funds which track digital assets, Bloomberg reports. According to sources who confided in Bloomberg, the financial regulator is at the moment gauging sector interest in exchange-traded funds tracking cryptocurrencies. This comes less than a month since the financial watchdog put aside plans for cryptocurrency…

How Bakkt Could Affect the Bitcoin Price Unlike Existing Futures Markets

How Bakkt Could Affect the Bitcoin Price Unlike Existing Futures Markets

Advertisement TweetShare Bakkt, a Bitcoin futures market operated by ICE, the parent company of the New York Stock Exchange (NYSE), is close to receiving a green light from the U.S. government. As CCN reported on December 21, Bakkt has been working with the Commodities and Futures Trading Commission (CFTC) to have its business plan approved,…

Nasdaq to Launch ‘Bitcoin Futures 2.0’ in Early 2019

Nasdaq to Launch ‘Bitcoin Futures 2.0’ in Early 2019

Advertisement Twitter Facebook LinkedIn CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. Nasdaq — the world’s second-largest stock exchange — plans to roll out bitcoin futures in the first quarter of 2019 through a partnership with investment management firm VanEck. Gabor Gurbacs, VanEck’s…

Place Your Bets! Bitfinex Opens Pre-Fork Bitcoin Cash Futures Market

Place Your Bets! Bitfinex Opens Pre-Fork Bitcoin Cash Futures Market

Advertisement Twitter Facebook LinkedIn Bitfinex has announced a new financial instrument on its platform in response to the upcoming hard fork of the Bitcoin Cash blockchain. Noting a sizable increase in short bets on BCH – traders apparently believing that the split will have a negative impact on the per-coin price of Bitcoin Cash –…

Bitcoin Price Pops to $6,745 ahead of Quarterly Futures Expiration

Bitcoin Price Pops to $6,745 ahead of Quarterly Futures Expiration

Advertisement The bitcoin price broke out of its early-week slump on Thursday, scrambling back above $6,700 to return to its weekend levels. Bitcoin had entered the week near $6,700 after briefly extending as high as $6,815 last Friday. However, the flagship cryptocurrency took a moderate dip on Monday, a correction that ultimately forced BTC below…

CBOE Close to Launching Ethereum Futures: Report

CBOE Close to Launching Ethereum Futures: Report

Advertisement CBOE, the Chicago exchange that pioneered the listing of bitcoin futures in the U.S., has quietly begun telling market makers that it is close to launching a new cryptocurrency product: ethereum futures. Citing an unnamed source with knowledge of the situation, Business Insider reports that CBOE wants to become the first U.S. exchange to…

U.K. Exchange Crypto Facilities Launches Bitcoin Cash Futures

U.K. Exchange Crypto Facilities Launches Bitcoin Cash Futures

Advertisement Bitcoin cash, the fourth-largest cryptocurrency, took another step into the big leagues on Friday when a European derivatives trading platform launched the first regulated, USD-denominated bitcoin cash futures. This product, which began trading on the U.K.-based Crypto Facilities on Friday at 4 p.m. local time, allows investors to bet on the future price movements…