Bakkt Bitcoin Futures to Start Trading in December

Intercontinental Exchange has announced that its Bakkt Bitcoin Daily Futures Contract will start trading on Dec. 12. Each trade “will result in physically delivered bitcoin” and will trade in U.S. dollar terms, the firm explained, adding that one contract will be listed for trading each exchange business day. Also read: Yahoo! Japan Confirms Entrance Into the Crypto … Read more

Genesis Global’s Bitcoin Loans Hit $553M in 6 Months

Genesis Global Trading has released a financial report for the third quarter that shows the U.S. cryptocurrency lender provided $553 million worth of digital asset loans. These were issued to corporate borrowers such as hedge funds and trading firms in the form of BTC, BCH, ETH and other cryptocurrencies.  Also read: World’s Biggest Banks Helped Clients Steal … Read more

Order Speed Analysis Reveals the Fastest Cryptocurrency Exchanges

When you’re trading digital assets, speed matters — particularly so if you’re engaged in high-frequency trading, when every millisecond counts. Executing orders a fraction of a second ahead of the market can mean the difference between profit and loss. New data reveals which cryptocurrency exchanges are the fastest — and which are struggling to keep … Read more

The Daily: Wall Street-Backed Crypto Futures, Market Manipulation as a Service

Cryptocurrency attracts a diverse crowd, from speculators to scammers, and from financiers to gamblers. These groups, and their often opposing aims, are what make the cryptoconomy such a strange yet compelling place. In today’s edition of The Daily, for instance, we’ve got stories pertaining to a Wall Street-funded futures exchange, another US platform ending its … Read more

European Regulator Renews Restrictions on Crypto-Based Derivatives

Europe’s securities watchdog, ESMA, has decided to extend the restrictions applied to a number of financial derivatives, including contracts-for-differences (CFDs) based on cryptocurrencies. The limits that were introduced in August of this year will now remain in place until the end of January 2019.   Also read: French Regulator Blacklists More Fraudulent Crypto Businesses ESMA … Read more

The Daily: Dapp Revival, Remme Launch, 1 Million Cryptokitties

There are green shoots of recovery throughout the crypto markets today, which some have attributed to Morgan Stanley’s reported foray into the field. We’ve got all the details on that one, plus other tales from across the cryptosphere on what’s shaping up to be a bullish day for bitcoin. Also read: New French Law Sets Out … Read more

Morgan Stanley Ventures Into Bitcoin Trading, Following Other Wall Street Giants

Morgan Stanley has become the latest Wall Street firm to venture into Bitcoin trading, with reports emerging that the investment bank intends to offer its clients derivatives tied to the crypto. Citing a source with knowledge on the matter, Bloomberg reported today, September 13 that the bank has already set up the infrastructure required for … Read more

Synthetic Bitcoin Is 100x More Lethal Than the Real Thing

Derivatives trading isn’t new, but it’s been enjoying a renaissance of late. As the cryptocurrency market has traded sideways, traders have upped the leverage and rushed to swap BTC derivatives that promise greater risk and reward. While platforms like Bitmex and Deribit have profited from the boom in synthetic assets, many traders have been left … Read more

Coinmarketcap Launches Professional API and Adds Derivatives Markets

Coinmarketcap (CMC), the popular cryptocurrency markets tracker portal, has launched a professional-grade API for aggregated market data and added support for derivatives markets as part of a major quarterly overhaul of its operations. Also Read: 90% of Corporate “Blockchain” Pilots Will Never Materialize, Researchers Say CMC Professional API The professional API is meant to offer … Read more

Cboe Says ICO Market Will Come After Investors, and It’s Not Looking Good

Chris Concannon, the president of the Chicago Board Options Exchange (Cboe), the world’s biggest derivatives market behind CME Group, has warned investors in tokens and initial coin offering (ICO) projects of an upcoming two-part regulatory reckoning. ICO Investors Could be in Trouble In an exclusive interview with Frank Chaparro from Business Insider, Concannon said that … Read more