A CME Group economist believes that rising transaction costs could cause a bitcoin price crash.
Big banks are not rushing to facilitate investment in the first bitcoin futures market that goes live on Sunday.
Bitcoin’s rising price brings the prospect of increased government scrutiny, but governments aren’t going to have an easy time regulating bitcoin, Michael Novogratz, CEO of Galaxy Investment Partners, told CNBC in a recent “Power Lunch” interview.
Earlier today, on December 6, the bitcoin price achieved a new all-time high at $12,278, within 24 hours since achieving its previous all-time high at $12,000.
Bitcoin hit an all-time high of $12,000 today, with a market capitalization of around $200 billion, according to data from CoinmarketCap.
CME Group, the $51 billion US-based financial institution and the world’s largest options exchange, is set to finalize the integration of its bitcoin futures exchange by December 17, and open bitcoin futures for trading by December 18.
В связи с запусками торгов биткойн-фьючерсами на Чикагской Товарной Бирже (CME), CFE и Cantor Exchange, Комиссия по Торговле Товарными Фьючерсами (CFTC) обеспокоена возможными манипуляциями с контрактами, о чем и предупреждает регулирующие органы США.
JPMorgan CEO Jamie Dimon might consider bitcoin to be a “fraud” that “will not end well,” but one of his top strategists anticipates that the launch of bitcoin futures could turn cryptocurrencies into “an emerging asset class.”
As reported by CNBC, Nikolaos Panigirtzoglou, a global markets strategist at JPMorgan, said Friday that the addition of bitcoin futures contracts to regulated trading platforms will lend credibility to cryptocurrency, making it more appealing to both institutional and retail investors.
The bitcoin price rallied to a 24-hour high following the announcement that U.S. derivatives exchange CME has self-certified to list bitcoin futures contracts in mid-December.
As CCN reported, CME announced on Friday that, pending final regulatory approval, the exchange will launch its much-anticipated bitcoin futures product on Monday, Dec.
Chicago derivatives exchange operator CME Group has announced that it has self-certified the initial listing of its bitcoin futures contract to launch on December 18.
CME Chairman and CEO Terry Duffy made the historic announcement on Friday, revealing that the exchange has received approval from the U.S. Commodity Futures Trading Commission (CFTC) to begin trading bitcoin futures in just a little over two weeks:
“We are pleased to bring Bitcoin futures to market after working closely with the CFTC and market participants to design a regulated offering that will provide investors with transparency, price discovery, and risk transfer capabilities,” said Duffy.
В знак растущего основного признания, цифровая валютная биржа Coinbase теперь может похвастаться большим количеством счетов, чем брокерская фирма Чарльза Шваба. По данным сайта, Coinbase имеет 13 миллионов пользователей, а количество брокерских счетов Schwab по состоянию на конец 2016 года составляло 10,6 миллиона.
CME Group, the largest options exchange in the global finance sector, has announced December 10 as the official launch date for its bitcoin futures trading platform. Analysts expect the bitcoin price to surpass $10,000 upon the launch of CME’s bitcoin futures exchange.
Earlier this month, several highly regarded financial analysts including RT’s Max Keiser and billionaire hedge fund investor Mike Novogratz have predicted the price of bitcoin to achieve the $10,000 mark in the short-term.
Для Барта Чилтона, экс-комиссара Комиссии по торговле товарными фьючерсами, фьючерсы на биткойны являются признаком соответствующего регулирования. По его мнению, это является признаком того, что финансовый мир предоставляет легитимность криптовалюте, делая ее одним из финансовых инструментов.
Themis Trading LLC, an equities brokerage agency for institutions, has joined the attack on CME Group’s decision to launch bitcoin futures. A recent blog on the company’s website argues that the U.S. Commodity Futures Trading Commission (CFTC) should not approve CME’s bitcoin futures.
CME Group, the world’s largest futures exchange, will not be introducing bitcoin futures, a hope that emerged when the company introduced a bitcoin index last year. Bryan Durkin, president of the group, told Bloomberg Television his company does not expect to go forward with a futures contract in the near future.