Crypto Futures News 

Litecoin Price Leaps 30% to New All-Time High

“Litecoin price leaped by nearly a third on Monday, raising the sixth-largest cryptocurrency to a new all-time high” writes unknown author for cryptocoinsnews.com. On Bitfinex, the litecoin price touched $185 for the first time, representing a single-day rally of more than 30 percent.On Saturday, litecoin topped $160 for the first time, but Sunday brought a minor halt to the rally, and the litecoin price slid below $125.For most of December, the litecoin price had traded between $90 and $100, but on Friday it exploded to $130 and continued to rise…

Read More
Crypto Futures News 

Two Firms File Bitcoin ETF Applications in Wake of CBOE Futures Launch

“Two exchange-traded fund (ETF) providers have filed with the U.S. Securities and Exchange Commission (SEC) to create Bitcoin ETF products that trade in cryptocurrency derivatives” writes unknown author for cryptocoinsnews.com. In the former case, the SEC denied applications that sought to trade bitcoin directly, citing the unregulated nature of bitcoin exchanges.Consequently, the futures launch is expected to trigger a flurry of new Bitcoin ETF filings.According to the SEC public filing system, the commission has received new applications for both REX Bitcoin Strategy ETF and REX Short Bitcoin Strategy ETF, as…

Read More
Crypto Futures News Stocks 

Four lies about bitcoin futures that stock investors need to know

“Let us start with an analysis of a bitcoin futures XBTF8, -4.56% chart, and then we will get into the lies” writes Nigam Arora for marketwatch.com. Some investors are excited about bitcoin futures, and others think bitcoin itself is a fraud.First, you need to know about “bitcoin whales.” Bitcoin whales refer to a small number of people who control a large amount of bitcoin.Please click here for an annotated chart of bitcoin futures’ January 2018 contract.Ask Arora: Nigam Arora answers your questions about investing in stocks, ETFs, bonds, gold and…

Read More
Crypto Futures News 

Bitcoin surges in first day of futures trading

“Cboe reported two trading halts overnight of Cboe Bitcoin Futures (XBT) due to heavy demand” reports washingtonpost.com. Bitcoin prices surged Monday as contract futures for the cryptocurrency began trading Sunday evening on the Cboe Global Markets, the first traditional platform serving the currency.Bitcoin contract futures opened at $15,000, and 890 contracts were traded in the first two hours and 15 minutes Sunday evening, according to the Chicago-based Cboe.There were no trading halts Monday. [How to get rich off bitcoin — or lose it all while trying] “We are very pleased…

Read More
Crypto Futures Markets News 

Bitcoin futures soar past $18,000 in debut, with the leap setting off trading halts

“Trading of bitcoin futures on Cboe began Sunday at 6 p.m” writes Markets Reporter for marketwatch.com. Read: All you need to know about trading bitcoin futures The Cboe’s larger rival, CME Group Inc.As U.S. bitcoin futures soared in their debut on Monday, the price of the cryptocurrency itself surged back toward a major level it touched late last week.Bitcoin futures expiring in March XBTH8, +0.00% XBTH8, +0.00% were changing hands at $17,840, but reached as high as $19,330 according to Cboe.CME, -0.07% plans to introduce its own bitcoin futures on…

Read More
Crypto Futures News 

CBOE Bitcoin Futures Start Trading in Thin Liquidity

“TradeStation is offering Bitcoin futures trading from day one, requiring 150% of the margin that the CBOE is demanding, i.e. about 66 percent” reports financemagnates.com. During the first hours of trading of the Bitcoin futures contract, volumes were dwarfed when compared to the amounts of BTC traded on physical exchanges:. Reminding us about the challenges associated with high-frequency trading, Hunsader kindly reminds us of what algos are capable of in thin liquidity conditions.While some pundits are arguing that the VIX futures contract hasn’t seen much trading initially, the case with…

Read More
Crypto Futures Markets News 

Bitcoin Price, Crypto Markets Trade Up After Cboe Futures Launch

“The bitcoin price climbed nearly 20 percent in the hours following the launch of the bitcoin futures on U.S. derivatives exchange Cboe” writes unknown author for cryptocoinsnews.com. Regulated bitcoin futures contracts made their much-anticipated debut on Sunday, and — perhaps to the surprise of many analysts — traded up.January futures rose more than $2,000 to $17,500, while March futures traded as high as $19,330.Perhaps buoyed by this bullish outlook, the bitcoin price rose approximately 19 percent for the day, from $14,159 on Sunday to $16,738 on Monday.The IOTA price rose…

Read More
Crypto Futures News 

Bitcoin Futures Surge In First Day Of Trading

“Bitcoin Futures Surge In First Day Of Trading On their first day of trading, bitcoin futures surged past $18,000, adding to a streak for the digital currency that began the year at just $1,000 and has nearly tripled in value over the past month alone” writes Scott Neuman for npr.org. The surge in bitcoin futures, the first of which expire in January, adds to the frenzy for the digital currency that was introduced in 2009 and has seen its value skyrocket in recent months.According to The Financial Times, in Japan,…

Read More
Crypto Futures News Regulators 

Dow, S&P 500 set for fresh records as traders gear up for Fed hike

“Meanwhile, investors were fixated on the debut of bitcoin futures on Sunday, as prices soared within hours, triggering volatility-linked trading halts” writes Markets Reporter for marketwatch.com. Nasdaq-100 index futures NQZ7, +0.15%  climbed 9.5 points, or 0.2%, to 6,368.January bitcoin futures XBTF8, +0.00%  last changed hands at $17,600, up from a debut price of $15,000.Dow Jones Industrial Average futures YMZ7, +0.13%  gained 52 points, or 0.2%, to 24,388, while S&P 500 index ESZ7, +0.02%  futures added 2.9 points, or 0.2%, to 2,656.75. Source: marketwatch.com Share This:

Read More