Crypto Futures News 

Bitcoin price, already on a tear, is now surging to $20,000

“Bitcoin is heading towards the $20,000 mark as bitcoin futures trading is set to begin on another exchange” writes Lynsey Barber for businessinsider.com. Meanwhile, online brokerage TD Ameritrade will add bitcoin futures trading to its platform from monday amid growing demand for the cryptocurrency. Investors were warned last week by the UK’s top financial regulator to be prepared to lose all of their money if they put cash into bitcoin. Source: businessinsider.com Share This:

Read More
Crypto Futures News 

Bitcoin, already on a tear, is now surging to $20,000

“Bitcoin is heading towards the $20,000 mark as bitcoin futures trading is set to begin on another exchange” writes Lynsey Barber for businessinsider.com. Meanwhile, online brokerage TD Ameritrade will add bitcoin futures trading to its platform from monday amid growing demand for the cryptocurrency. Investors were warned last week by the UK’s top financial regulator to be prepared to lose all of their money if they put cash into bitcoin. Source: businessinsider.com Share This:

Read More
Brokers Crypto Futures News 

Bitcoin Heads to Bigger Wall Street Stage as CME Debuts Futures

“The CME and Cboe bitcoin futures have some distinct features” writes Rob Urban for bloomberg.com. Some brokerages didn’t immediately give customers access to bitcoin futures.Last week, Cboe’s product was priced as much as 13 percent higher than bitcoin, but that quickly narrowed toward 1 percent.Bitcoin futures start trading Sunday night at CME Group Inc.’s venue, a week after Chicago rival Cboe Global Markets Inc. introduced similar derivatives on the volatile cryptocurrency.Each Cboe contract represents a single bitcoin, whereas CME’s are linked to five. Source: bloomberg.com Share This:

Read More
Crypto News Platforms 

France Allows Trading of Unlisted Securities on Blockchain Platforms

“In its advent to become a FinTech hub, the French government has given the nod for trading unlisted securities using blockchain technology under new rules” writes unknown author for cryptocoinsnews.com. According to a Reuters report, the government of France – through its Economic and Finance department – has issued new rules enabling banks and FinTech firms to trade unlisted securities using blockchain platforms.In related news, the Banque de France, the country’s central bank, revealed its first experiment using blockchain technology with a focus on cross-border payments within the Single Euro…

Read More
Crypto Markets News 

Klarman calls bitcoin a ‘trading sardine,’ others say ‘mania’ — They’re right

“I have no interest in this type of maniacal type of trading market,” he said on CNBC Wednesday” writes Tae Kim for cnbc.com. When asked for comment for this column on whether bitcoin is a “trading sardine,” Klarman replied: “Yes.”. These are not eating sardines, they are trading sardines.’ Like sardine traders, many financial-market participants are attracted to speculation, never bothering to taste the sardines they are trading. … trading in and of itself can be exciting and, as long as the market is rising, lucrative.Bitcoin futures trading launched this…

Read More
Crypto Futures Markets News 

TD Ameritrade to open trading on bitcoin futures

“TD Ameritrade is planning to offer clients access to Cboe’s bitcoin futures contract on Monday” writes David Paul Morris for cnbc.com. Interactive Brokers said it handled just over half of the Cboe bitcoin futures trading volume on the first trading day, which saw the highest daily volume so far at 4,127 contracts across all three bitcoin futures contracts.TD Ameritrade will not initially support CME’s bitcoin futures, which are set to launch this coming Sunday.In order to be eligible to trade the futures, clients must have a minimum balance of $25,000,…

Read More
Crypto Markets News 

Ripple Overtakes Bitcoin Cash to Become the Third Largest Cryptocurrency

“Any cryptocurrency with a strong base within the South Korean cryptocurrency exchange market tend to surge or decline in large margins, as seen in the case of Ripple, Monero, and Bitcoin Cash” writes unknown author for cryptocoinsnews.com. At the time of reporting, South Korea’s largest cryptocurrency exchange Bithumb accounts for more than 31 percent of global Ripple trades.The South Korean cryptocurrency exchange market and the vast majority of investors within it tend to be moved by FOMO, or fear of missing out.Ripple has overtaken Bitcoin Cash to become the third…

Read More
Crypto Futures News Oil Stocks 

US stocks move broadly higher in early trading; oil rising

“U.S. stocks moved broadly higher in early trading Friday, erasing modest losses from the day before” writes The Associated Press for seattletimes.com. THE BITCOIN TRADE: Bitcoin futures surged on their fifth day of trading, climbing $1,330, or 7.9 percent, to $18,130 on the Cboe Futures Exchange.The stock added $8.76 to $195.29.OFF THE RAILS: CSX slumped 7.6 percent after the railroad operator said CEO Hunter Harrison is on leave “due to unexpected complications from a recent illness.” The stock shed $4.35 to $52.96. Source: seattletimes.com Share This:

Read More
Crypto Futures News 

Bitcoin notches fresh record as CME aims for its own futures contract

“Cboe CBOE, -0.17% kicked off futures trading of bitcoin, which has hit mainstream popularity, on Sunday 6 p.m” writes Mark Decambre for marketwatch.com. The spot price of a single bitcoin BTCUSD, +7.79% had traded at $17,872.56 earlier, a fresh record peak, according to Coindesk.com.The No. 1 cryptocurrency touched a fresh record on Friday after a mostly subdued week, with CME Group Inc. set to follow rival Cboe Global Markets Inc. with a bitccoin futures contract XBTF8, +9.94% on Sunday.Meanwhile, bitcoin futures for January trading on Cboe were at $18,600, shooting…

Read More
Markets News Stocks 

Asian stocks track Wall Street declines; Kospi rebounds

“On Thursday, the index in the last 90 minutes of trading went from a 1.4% gain to finishing down 0.4%” writes Lucy Craymer for marketwatch.com. There was no one left to buy the stocks,” said SooMyung Kim, an equities-derivatives analyst at Samsung Securities.In Hong Kong, locally listed Chinese financial stocks, which have been among the market’s strongest performers this year, continued their recent pullback. Oil CLG8, +0.21%  were slightly higher in Asian trading, building on an overnight rebound.  Source: marketwatch.com Share This:

Read More