US Cryptocurrency Exchange ErisX Receives License for Crypto Futures

  Chicago -based crypto exchange ErisX has procured a derivatives clearing organization (DCO) license from the United States Commodity Futures Trading Commission ( CFTC ). According to an official blog post on July 1, ErisX is planning to make digital asset futures contracts available for trade on its regulated derivatives market later this ye...
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59 Hits

US CFTC Approves LedgerX’s Application for Designation As Contract Market

The United States Commodity Futures Trading Commission ( CFTC ) has approved the application of LedgerX LLC for designation as a contract market, according to an announcement published on June 25. LedgerX — a U.S.-based regulated crypto derivatives and clearing platform — can operate as a designated contract market (DCM) as of June 24, 2019. The co...
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83 Hits

LedgerX Reveals Bid to Beat Bakkt to Physical Bitcoin Futures Launch

  Cryptocurrency derivatives provider LedgerX plans to become the first U.S. firm to offer physically settled bitcoin futures contracts. The company announced Monday that it has filed for a designated contract market (DCM) license, which would allow LedgerX to offer physically-settled bitcoin futures products to its customers. Unlike the cash-...
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135 Hits

The Week: Nasdaq BTC Futures, Hashrate Falls, Bitcoin ETF Discussions

  Last week saw numerous important and positive institutional and regulatory announcements. Ohio announced it will allow companies to pay taxes with bitcoin, VanEck and Nasdaq partner to launch bitcoin futures and two bitcoin addresses were sanctioned by OFAC. Bitcoin's dominance fell from 53.9% where it was a week ago, to 53.5%. The total cry...
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202 Hits

Bakkt Puts Bitcoin Plans “on Ice” – Bitcoin Futures Launch on ICE Futures Exchange Delayed Til January

  Bakkt, a company owned by the NYSE, has delayed the Bitoin Futures Contracts launch on ICE Futures U.S. exchange until January 24, 2019. During that time Bakkt will be able to test every process and ensure investors will find a healthy environment to trade Bitcoin Futures. ICE Futures U.S., Inc. , a derivatives exchange, announced on Novembe...
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225 Hits

GOLDMAN SACHS ONBOARDING CLIENTS FOR BITCOIN DERIVATIVES, INSIDERS SAY

Inside sources say Goldman Sachs is already onboarding some of its clients to trade on its Bitcoin derivatives, non-deliverable forward (NDF) contracts platform. However, the bank reportedly has no plans to launch trading support for other cryptocurrency derivatives but is serious about providing custodial services. GOLDMAN TRADING BITCOIN DERIVATI...
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878 Hits

Bakkt – BTC Futures Contracts Will Go Live in December

  The much-anticipated Bitcoin-based futures exchange from Bakkt has announced the launch date for the trading of daily futures contracts. Physically-Traded Futures Contracts Bakkt , the new cryptocurrency exchange platform backed by Intercontinental Exchange (ICE), has announced the launch date for its much-awaited Bitcoin futures trading pro...
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214 Hits

NYSE Parent Company to Launch Bitcoin Futures Soon

  The Intercontinental Exchange, the company known for fathering the New York Stock Exchange, just announced the launch of a futures contract tracking Bitcoin in a notice on Tuesday evening. Although it's still pending regulatory approval, ICE is confident that trading will go live on December 12 this year, making it almost precisely one year ...
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8984 Hits

What Does The Bakkt Physical Futures Announcement Mean For Investors?

In early August, the Intercontinental Exchange (ICE), an American company that operates 23 regulated exchanges and marketplaces across the world, announced that it would launch a cryptocurrency startup called Bakkt . The New York Stock Exchange-owning entity, backed by Microsoft and Starbucks, wanted to create a safe global environment for trading ...
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221 Hits

Ethereum [ETH] futures contract upcoming: Could this pave the road for an ETF?

BOE Global Markets, the company behind launching Bitcoin [BTC] futures last year, has reportedly revealed that they would be launching a futures market for Ethereum [ETH] as well. One of the sources revealed to Business Insider that the product might be ready by the end of this year. Futures contracts are a kind of derivatives that allow investors ...
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273 Hits

First EFP Trade Involving Bitcoin Futures Completed in Wall Street

  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. As reported by CCN, the CME EFP Bitcoin transaction, facilitated by E D & F Man Capital Markets, a registered futures commi...
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248 Hits

FN: BlackRock Eyes Bitcoin Futures, Market Reacts to Increased Institutional Interest

The world's largest exchange-traded fund (ETF) provider BlackRock announced the formation of a working group to assess potential involvement in Bitcoin (BTC), Financial News (FN) reports today, July 16. The move furthers a U-turn on BlackRock's previously critical stance towards cryptocurrency. Following in the footsteps of fellow giant Goldman Sac...
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290 Hits

The Question of Bitcoin’s Future

  There is a lot of uncertainty revolving around Bitcoin these days, having entered the second hundred days of the bear market. People are now beginning to question whether the technology is worth their continued investment. Bitcoin, despite the last few months, is valued higher than it was at the same time last year. Most people now in Bitcoi...
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249 Hits