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How Institutional Players Like CME, CBOE and Bakkt Influence the Bitcoin Price

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The introduction of institutional heavyweights like CME, CBOE and Bakkt to the bitcoin space was heralded by many as the key to solidifying bitcoin’s mainstream acceptance, and driving prices to a stabilized moon. While this hasn’t played out exactly as some predicted, it is still early in the game, and bitcoin futures markets do arguably … Read more

Institutional and Retail Bitcoin Futures Demand Continues to Climb

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2019 saw significant bitcoin derivatives action from firms like CME Group and Bakkt. This year, demand for CME’s bitcoin futures remains strong and the firm’s options products may be available this week. Additionally, Bakkt’s physically-delivered bitcoin futures have consistently seen growth in daily volumes and open interest in 2020. Despite the growth, institutional futures have … Read more

IDEG Reports Launch of New Bitcoin Trusts in Asia With Coinbase as Custodian

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According to a recent press release from IDEG Investment Limited, “Asia’s First Bitcoin Trusts” have been launched “as a traditional and comfortable way for ‘old money’ to invest in digital assets.” The two trusts, Asia Bitcoin Trust I and Atlas Mining Trust I, reportedly allow for investors to gain wrapped exposure to bitcoin and to … Read more

CC Forum – Blockchain and AI Investment Forum

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14-16 October 2019 will see one of the world’s major industry events. Following our highly successful inaugural edition in London last October as well as our the joint edition with the Maltese partners this May, the second edition of CC Forum London will connect global thought leaders, policy makers, investors and startups from across the … Read more

How Prime Brokerage Will Affect Crypto Markets

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Prime brokerage firms are coming for crypto in what’s likely to be a race of winner-takes-almost-all. Goldman Sachs is synonymous with institutional wealth and power, even to those who’ve never purchased a financial product in their life. Like the eponymous tower it occupies in Jersey City, Goldman Sachs dominates the prime brokerage trade. What will … Read more

Pantera Predicts Institutions to Invest in Crypto After Next Bull Trend is Established

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Dan Morehead, the chief executive officer of Pantera Capital, recently discussed the cryptocurrency bear trend on an episode of the Unconfirmed podcast. Morehead argued that the crypto sector has much more robust fundamentals than it did during the previous bear trend, asserting that the industry has developed the infrastructure necessary in order to attract institutional … Read more

Fidelity Announces Institutional Crypto Platform is in ‘Final Testing’

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Fidelity has published an update announcing that its highly anticipated cryptocurrency exchange and custody platform, Fidelity Digital Asset Services (FDAS), has entered its “final testing” phase. The financial services provider also stated that it is exclusively serving a “select set of eligible clients” while developing the platform. Also Read: Properties Are Still Being Sold for Cryptocurrency … Read more

Circle’s Cryptocurrency OTC Desk Swapped More Than $24 Billion in 2018

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Finance company Circle claims its over-the-counter (OTC) cryptocurrency trading desk swapped a notional volume of $24 billion last year. The Boston-based company’s Circle Trade desk reportedly executed more than 10,000 cryptocurrency settlements between 600 unique counterparties in 2018. Also Read: New Full Node Client ‘Bitcoin Verde’ Joins the BCH Ecosystem Despite the Crypto Bear Market in … Read more

Markets Update: A Narrowing Range of Consolidation and Lower Trade Volumes

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Not a lot has changed since our last markets update four days ago as cryptocurrency markets continue moving sideways in a consolidated pattern. The top five digital assets have seen modest northbound gains this week, with increases between 1-5% over the last seven days. This Sunday, Oct. 21, the entire cryptocurrency economy of over 2,000 … Read more