Crypto Futures Markets News 

Bitcoin Price Surges 20% Overnight as Volume of CBOE Futures Skyrockets

“The bitcoin price has surged by more than 20 percent overnight, triggered by the launch of the Chicago Board Options Exchange (CBOE) bitcoin futures trading platform” writes unknown author for cryptocoinsnews.com. Contrary to the claims of several analysts, the listing of bitcoin futures by CBOE, the global finance market’s largest options exchange, has been a driving factor behind the recent bitcoin price suge.According to cryptocurrency market data provider CryptoCompare, the bitcoin price increased from $13,400 to $16,315 within the past 24 hours.Earlier today, CBOE’s website and its online trading platform…

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Crypto News 

Bitcoin is getting pounded after a wild week of gains

“LONDON – The price of bitcoin has dived below $15,000 during morning trade in Europe on Friday” writes Finanzen Net Gmbh for businessinsider.com. Following a week of wild gains, in which the cryptocurrency rose in value by more than $5000, it seems as though investors may be taking stock, with some cashing out.Its exponential rise in value, however, isn’t simply due to the impending arrival of institutional investors.The latest bull run began in earnest at the end of October when CME Group, the world’s biggest exchange operator, announced plans to launch…

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Crypto Markets News 

Bitcoin blows past the $11,000 mark

“In South Korean exchanges, bitcoin was already close to $11,000 or higher early this week” reports nypost.com. In Zimbabwe, bitcoin traded at $17,875 on Monday.Bitcoin was recently trading at $10,905.48, according to the digital currency exchange.Bitcoin soared to an all-time high above $11,000 on Wednesday on major exchanges and digital currency indexes, including the widely followed Luxembourg-based trading platform BitStamp.The digital currency spiked through $11,000 Wednesday morning, hours after surpassing the $10,000 level for the first time. Source: nypost.com Share This:

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Crypto Markets News 

Bitcoin tops $10,000, marks 10-fold increase in 2017

“In South Korean exchanges, bitcoin was already close to $11,000 or higher early this week” writes Min Read for reuters.com. In Zimbabwe, bitcoin traded at $17,875 on Monday.NEW YORK (Reuters) – Virtual currency bitcoin soared to an all-time high above $10,000 on Wednesday on major exchanges and digital currency indexes, including the widely followed Luxembourg-based trading platform BitStamp.But even if it were to crash, it’s apparent that bitcoin is here to stay.” In some emerging markets, bitcoin had hit well over $10,000 previously. Source: reuters.com Share This:

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Markets News 

CMC Markets Institutional Business Spikes 45%, H1 Nets Record Income

“Looking at the institutional business of CMC Markets, it is one of the strategic growth drivers” reports financemagnates.com. The company’s Shanghai office opened in October 2017 and CMC Markets is looking forward to expanding in the region.In the established markets for CMC Markets which are the UK, Australia, and Germany, the company posted growth in net revenues of 16 percent to £60.4 million. Source: financemagnates.com Share This:

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Crypto Markets News Stocks 

With a New All-Time High, is Bitcoin Price Moving Closer to $9,000?

“As CCN reported today, the bitcoin price achieved a new all-time high at $8,380” writes unknown author for cryptocoinsnews.com. Throughout November, Kikvadze revealed that he has met 30 large-scale institutional investors and retail traders.In the long-term, while there may be minor corrections on the way, the movement of large capital into the bitcoin market will be highly beneficial for the industry, as the liquidity of bitcoin grows and the market matures.The market’s optimism regarding the entrance of large-scale investors has already had a major impact on the short-term price trend…

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Crypto Markets News 

Billionaire Investor Novogratz: Ethereum En Route to New All-Time Highs

“Since then, the South Korean Ethereum exchange market has recovered, accounting for over 33 percent of the global Ethereum exchange market share, overtaking the US to solidify itself as the leading Ethereum market” writes unknown author for cryptocoinsnews.com. Mike Novogratz, the billionaire hedge fund investor and former executive at Fortress, believes Ether, the native cryptocurrency of Ethereum, is poised to achieve new all-time highs in the short-term. “ETH looks poised for a move to new highs.Over the past few weeks, the daily trading volume of Ether has increased substantially, primarily…

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Crypto News 

Coinbase Targets Institutional Investors With Custodial Storage Service

“Bitcoin exchange Coinbase has announced the creation of Coinbase Custody, a digital currency custodial service that is targeted at hedge funds and other institutional investors who have remained hesitant to invest in the crypto markets due to concerns over asset security and regulatory compliance” writes unknown author for cryptocoinsnews.com. In exchange, institutional investors will receive access to features designed to give them peace of mind that their crypto assets will remain secure, including the ability to have multiple signers, audit trails, withdrawal limits, and optional insurance. Source: cryptocoinsnews.com Share This:

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Crypto Markets News 

Bitcoin Price Surpasses $7,500; Market Confident on Entry of Institutional Investors

“Hence, in the mid-term, major financial platforms such as Square will likely begin testing the bitcoin market, given the rapid increase in demand for bitcoin and the cryptocurrency market in general” writes unknown author for cryptocoinsnews.com. Man Group CEO Luke Ellis stated at the 2017 Reuters Summit that bitcoin will soon be added to Man Group’s “Investment Universe,” or a diversified portfolio of assets.Managers and partners of large-scale hedge funds like Man Group are only permitted to issuing checks in the minimum value of around $300 million.The bitcoin price has…

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Markets News 

New institutional product: CMC Markets launches Prime Derivatives solution

“With the CMC Prime FX API having been launched earlier this year to augment the traditional Direct API product, the company is preparing to launch its next institutional product, that being CMC Prime Derivatives” reports financefeeds.com. Evergreen British CFD and FX company CMC Markets has been doing exactly that for the past two years, with an evolutionary approach to expanding its institutional and prime of prime product range, alongside its proprietary trading system that has been the result of a $100 million R&D investment by the company.This will allow our…

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