On March 13th, the Chicago Mercantile Exchange (CME), the US derivatives market, announced the release of a bitcoin (BTC) futures trading contract. The trading center is under full control and has passed administrative review, and since then it has also helped with cash payments and daily maturing contracts associated with bitcoin futures trading. Investors buy and sell their views on the rising and falling market prices of bitcoin in a lower-cost way. Tim McCourt, world head of stocks and foreign exchange commodities at the Chicago Mercantile Exchange Group, commented:
A new bitcoin futures trading themed activity contract provides a limited risk and relatively highly transparent color method for a wide range of investors to enter the bitcoin market through a thoroughly regulated trading center. This cash payment, daily expiration contract will further fill the existing package content, so far, more than 550000 contracts have been traded.
On March 10, Cointelegraph reported that the spot trading Bitcoin trust application of investment management company Vaneck was rejected by the Securities and Exchange Commission (SEC). Committee members stressed that SEC rejected every application for spot trading Bitcoin trusts, with a total of nearly 20 Bitcoin spot trading trusts in the past six years.
Not long ago, GrayScale, a digital currency operator, released a written description related to SEC's ongoing lawsuit, mainly because the company refused to convert its GrayScale bitcoin trust (GBTC) into exchange-traded funds (ETF). Based on the text description, the presiding judge Neomi Rao commented:
"because I think that one of these things is essentially a derivative of the other. They move together 99.9% of the time. In that case, what are the differences in the views of the European Commission? "
At this stage, GBTC's transaction price has a 38.19% sales discount to total net assets, more than 50% of the all-time low. The lawsuit between the company and SEC is still under way.
Polkadot was launched in May 2020. In a market dominated by Bitcoin and Ethereum, it quickly established itself as the next generation blockchain. The scale and interoperability problems limit Bitcoin's ability to transfer value without the assistance of
For some newcomers to the currency circle, they are not familiar with the investment in the currency circle, and their understanding of the special currency is not very deep. Therefore, they may be at a loss in the choice of investment methods. Many inves
Lummis is a well-known crypto advocate on Capitol Hill with over $100,000 in crypto.
Several analysts argue that shrimp accumulation is good for the Bitcoin network because it makes the asset more decentralized over time.
ARK Invest filed for a spot Bitcoin ETF in collaboration with 21Shares long before BlackRock did, and its application is reportedly first in line for the SEC’s approval.
Interestingly, the price surge was on the back of increased activity from whales, as indicated by on-chain data. The increased activity led to an increased"/>
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DOGE, the internet's favorite memecoin, is back in the spotlight. Recent data reveals a surge in futures market activity, coupled with bullish technical"/>
The recent stratospheric rise of Bitcoin, reaching a new all-time high of $73,000, has sent ripples of excitement and trepidation through the crypto world."/>
Co-founder of Tornado Cash Roman Storm has filed a motion to dismiss the charges levied against him by the US Department of Justice (DOJ)."/>
On Thursday, March 28, a hack occurred on Prisma Finance, a decentralized lending protocol on the Ethereum network. The exploiter carted away about 3,257.7"/>
Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services.
Tue, 18 Apr 2023