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…

NYSE Owner’s Bitcoin Market May Have ‘Hidden Leverage’: Wall St. Vet

NYSE Owner’s Bitcoin Market May Have ‘Hidden Leverage’: Wall St. Vet

Advertisement When Intercontinental Exchange (ICE), the owner of the New York Stock Exchange (NYSE), announced that it was launching a bitcoin market, the move was met with enthusiasm by many within the cryptocurrency industry as a vindication of the legitimacy of the asset class. However, others, including some Wall Street veterans, warned that the “financialization”…