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Ethereum Futures Trading

Bitcoin Dives To $10,000 As Facebook, U.s., South Korea Crack Down

Bitcoin Dives To $10,000 As Facebook, U.s., South Korea Crack Down

Bitcoin Dives To $10,000 As Facebook, U.S., South Korea Crack Down Bitcoin lost nearly a tenth of its value Tuesday, crashing below the $10,000 level amid new regulatory measures in the U.S. and South Korea and sweeping advertising curbs by Facebook ( FB ). Other cryptocurrencies and Bitcoin- and blockchain-related stocks tumbled as well. Investors were selling a wide range of financial assets Tuesday, including stocks and commodities. X The cryptocurrency plunged 9% to $10,159.60 after hitting an intraday low of $9,810 according to CoinDesk. Bitcoin peaked above $20,000 on CME futures in mid-December.Ethereum also dropped by 8.7% to $1,079.83, while Bitcoin Cash was down 9.7% at $1,494.91. U.S. regulators are investigating one of the world's largest cryptocurrency exchanges and a related company, Bloomberg reported . The Commodity Futures Trading Commission sent subpoenas to virtual-currency venue Bitfinex and the related traded coin Tether last week, Bloomberg said. The firms have the same CEO. There are said to be around $2.3 billion of the Tether tokens outstanding as of Tuesday. Tether claims all its coins are backed by U.S. dollars held in reserve, but has yet to provide conclusive evidence of its holdings. Meanwhile, South Korea's measures to combat money laundering came into effect. The country, a hot spot for cryptocurrency trading, had previously announced the barring of anonymous bank accounts on cryptocurrency exchanges amid money-laundering fears. Facebook is banning all ads touting cryptocurrencies , including Bitcoin and initial coin offerings. The Facebook blog post said the ban, as part of efforts to crack down on "financial products and services frequently associated with misleading or deceptive promotional practices," was "intentionally broad." Bitco Continue reading >>

Bitcoin And Ethereum Price Forecast Bitcoin Futures Open For Trading In Cboe

Bitcoin And Ethereum Price Forecast Bitcoin Futures Open For Trading In Cboe

Bitcoin and Ethereum Price Forecast Bitcoin Futures Open for Trading in CBOE The bitcoin prices have been very volatile over the weekend as the prices dipped towards the $13000 region only to recover as we headed to the end of Sunday and the prices have since bounced back to the $16000 region as of this writing and seems to be ready for another bullish leg. But it has to be noted with care that the bitcoin futures trading has begun at the CBOE and this is likely to lead to some good 2 way trading at that exchange. We also have reports saying that there have been some very strong volumes in this market since its open which should lead to some volatility in the prices. So it is advisable for the traders to wait it out and see what kind of volatility and price action is caused by the introduction of the bitcoin futures and then jump in on the longs. The futures are going to be launched at the CME as well in a weeks time and this is going to add even more liquidity and volatility in the markets as we near the end of what has been a momentous year for the bitcoin industry. This futures trading is only going to add to the intrigue and we will have to see how the market responds to this development or whether it is just going to shrug off this development and continue to move higher. The ETH market has been slowly recovering from the congestion in its network over the last week and this has helped the prices to recover a bit over the weekend. After making a journey towards the $500 region, we are now seeing the prices back below the $450 region and it looks as though this consolidation and ranging would continue. How Blockchain will change our Life, Economy and the World Looking ahead to the rest of the day, we expect the BTC market to continue to remain bullish and if this c Continue reading >>

Cboe Considering Ether And Bitcoin Cash Futures Amidst Increasing Competition

Cboe Considering Ether And Bitcoin Cash Futures Amidst Increasing Competition

CBOE Considering Ether and Bitcoin Cash Futures Amidst Increasing Competition With CME set to launch Bitcoin futures on December 18, CBOE considers offering Ether and Bitcoin Cash futures. With the U.S. Commodity Futures Trading Commission (CFTC) signing off on plans for Bitcoin futures, and the Chicago Mercantile Exchange (CME) set for a December 18 launch, the Chicago Board Options Exchange (CBOE) may be looking to up the ante by offering Ether and Bitcoin Cash futures. Speaking to Business Insider , CBOE President Chris Concannon termed Bitcoin future contracts as a meaningful development for the scorching-hot cryptocurrency. He went on to appreciate CME Chairman Terry Duffy for pushing forward in this regard, and added that this is the beginning of what will become a major asset class over the next 10 years. With Bitcoin price soaring to record highs amidst the anticipated inflow of institutional money, exchanges are also competing to offer the most attracted future contracts and derivatives in a bid to cash in on the growing crypto frenzy. While CME will probably enter the market before CBOE, Concannon shared that they will be announcing their launch date soon, and are aiming to get their future contracts on the market before the end of the year. Interestingly, the CBOE President also commented on the possibility of launching Ether and Bitcoin Cash futures as the market continues to mature, but there is no such indication from CME, which seems more focused on making sure their Bitcoin futures stay on track. Commenting on their upcoming launch, CME head Terry Duffy said: Though we have worked through a lengthy, comprehensive process with the CFTC to get to this point, we recognize bitcoin is a new, uncharted market that will continue to evolve, requiring continued Continue reading >>

Ethereum Futures Will Likely Launch Sooner Than You Think

Ethereum Futures Will Likely Launch Sooner Than You Think

Ethereum Futures Will Likely Launch Sooner Than You Think Home / News / Ethereum Futures Will Likely Launch Sooner Than You Think The first ethereum futures contracts will likely be trading on a regulated U.S. derivatives exchange within the very near future, providing the second-largest cryptocurrency with its first exposure to the institutional markets. The launch of bitcoin futures on U.S. exchanges Cboe and CME is expected to be a watershed event, introducing a wave of liquidity to the bitcoin ecosystem and transforming bitcoin into a mainstream financial instrument and portfolio asset .However, analysts who follow the industry closely believe that the ripple effect of these futures contracts will spill over into the broader cryptoasset markets. Speaking with financial news network Cheddar , Ethereum co-founder Joseph Lubin hailed the advent of bitcoin futures as validation of not just bitcoin but also the fundamental nature of cryptocurrency itself. I think it signifies that real financial institutions are taking this new form of money or commodity very seriously, Lubin said, forecasting that the SEC will approve cryptoasset-based ETFs in the near future. Lubin, who also founded blockchain software development company ConsenSys, then went a step further, suggesting that there would soon be ETFs for not only bitcoin but also ethereum. Given that the SECs chief objection to bitcoin ETFs has been that the funds proposed base products bitcoin futures do not currently exist, this signaled that Lubin believed that ethereum futures were looming on the horizon. When pressed to give an exact date, he demurred, although he hinted that months would be a long, long time to wait for the release of this product. This should not be surprising because although bitcoin is the domi Continue reading >>

Market Manipulation 101: Bitcoin Futures

Market Manipulation 101: Bitcoin Futures

Matthew De Silva January 15, 2018 11:31 PM This week, the Gemini auction price could get a little out of hand. Heres one possible scenario for the settlement of the first bitcoin futures. Tomorrow, the future of bitcoin will be determined. No, I'm not referring to another hard fork . Actually, on January 17, 2018, the first bitcoin futures contracts will settle. Cash-settled bitcoin futures allow traders and institutions to place bets on whether the price of bitcoin will rise or fall without holding bitcoin itself. The CBOE's bitcoin futures are the first cryptocurrency derivative listed on a traditional exchange . Unfortunately, because of the contract 's unique design, there could be some complications. To understand the nuances of the cash-settled contract , it might be worth revisiting previous coverage byETHNews. In the most basic terms, a person can agree to buy or sell a contract tied to the price of bitcoin at a future date (the benchmark price). Whether the contract 's buyer receives or loses money is based on whether the benchmark price determined by a 4 p.m. ET auction held by Gemini is higher or lower than the price paid for the contract . (The contract 's seller would also receive or lose a corresponding amount, less expenses). Note: Each CBOE bitcoin futures contract relates to the underlying price of one bitcoin. The benchmark price is the single most important factor in whether bettors win or lose money on their bitcoin futures. As such, CBOE's bitcoin futures contracts could be vulnerable to manipulation because the 4 p.m. ET Gemini auction is the sole determinant of the benchmark price. The auction is potentially a single point of failure. Amplifying the problem is the auction's relatively low volume, which could make the ultimate settlement price sus Continue reading >>

Ethereum Futures Inch Closer As Cboe Upgrades Trading Platform

Ethereum Futures Inch Closer As Cboe Upgrades Trading Platform

Ethereum Futures Inch Closer as Cboe Upgrades Trading Platform You look at the entire crypto space and you look at what other products have the liquidity and the notional size, a derivative makes sense. So saidCboes president and chief operating officer,Chris Concannon, back in January before adding that any further crypto futures would have to wait until theexchange upgrades its core trading software with the technology it acquired with Bats Global Markets last year. Thats now completed, with the exchange announcing the successful migration of Cboe Futures Exchange (CFE) to its proprietary Bats technology. Chris Isaacson, Chief Information Officer of Cboe, said: Better technology makes better markets, and delivering a best-in- class platform to our futures trading customers was our priority. Gemini, Cboes partner on crypto futures, has provided ethereum trading since at least 2016 and has a daily eth auction. Cboe, therefore, would now have the infrastructure to add ethereum futures, especially since theyve gained some three months experience with bitcoin futures where trading has been fairly smooth. While on the regulatory front CFTC would probably give them the green light under the self-certification procedure especially as its chairman, Christopher Giancarlo, has been quite friendly to this space. Moreover, a further hint eth futures might be on the way comes from the Winklevoss twins, who said their focus was to add obvious candidates for expansionfrom the Satoshi Nakamoto family tree Bitcoin cash, Litecoin. That additional infrastructure would be needed for Cboe to potentially provide bch or ltc futures, with Winklevoss stating their contract takes into account potential expansion. But little would be required on the side of Gemini for Cboe to add ethereum futur Continue reading >>

Exclusive: Cboe And Cme Group Rumoured To Be Mulling Ethereum And Litecoin Futures

Exclusive: Cboe And Cme Group Rumoured To Be Mulling Ethereum And Litecoin Futures

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Bitcoin, Ripple, Ethereum Prices Fall After South Korea Trading Ban Talk

Bitcoin, Ripple, Ethereum Prices Fall After South Korea Trading Ban Talk

Major cryptocurrencies including bitcoin , ripple and ethereum took a hammering Thursday following the news that South Korea could be preparing to ban trading in digital coins . At 7:25 a.m. London time, bitcoin was down nearly 6 percent, while ethereum fell over 11 percent and ripple took a 9 percent tumble, versus their price a day ago, according to data from Coinmarketcap.com. Many of those coins began to pare losses later in the morning. Ripple was up nearly a tenth of a percent by 8:10 a.m. London time. South Korean Justice Minister Park Sang-ki said Thursday that the ministry is "basically preparing a bill to ban cryptocurrency trading through exchanges." At around 4.50 a.m. London time, a few minutes after news, over $106 billion of value was wiped off of the entire cryptocurrency market when compared to the market capitalization at the beginning of the day on Thursday. It has since pared some of those losses. This fall in prices comes after two major cryptocurrencies hit record highs. Ripple hit an all-time high of $3.84 on January 4 . It has fallen over 50 percent since then as of 8:00 a.m. London time on Thursday. South Korea is one of the major cryptocurrency trading markets. It accounts for somewhere in the region of 6 percent to 12 percent of bitcoin trading, according to industry website CryptoCompare. For ethereum, this figure is higher at around 14 percent. Ripple buying in the South Korean won can be as high as 33 percent, depending on the day. The country's government did not give concrete details about any potential new legislation. Reuters reported that the proposed ban on cryptocurrency trading was announced after "enough discussion" with other government agencies including the nation's Finance Ministry and financial regulators. Major cryptocurrenc Continue reading >>

Ethereum Price Forecast: Eth Crosses $1,000 Despite Troubling Signals

Ethereum Price Forecast: Eth Crosses $1,000 Despite Troubling Signals

Home Cryptocurrency Ethereum Ethereum Price Forecast: ETH Crosses $1,000 Despite Troubling Signals Ethereum Price Forecast: ETH Crosses $1,000 Despite Troubling Signals Gaurav S. Iyer, IFC Profit Confidential 2018-01-05T08:43:56Z 2018-01-05 08:43:56 ethereum news ethereum price forecast eth price ethereum to usd ethereum to bitcoin ethereum prices cftc Ethereum crossed $1,000 for the first time, in spite of some worrying signals. It is one step closer to our $1,500 Ethereum price forecast for 2018. Ethereum [caption id="attachment_114484" align="alignleft" width="300"] As I sit down to write this market update, Ethereums price is the most glaring number to report. Namely, that the average ETH price topped $1,000 for the first time ever.The crypto advanced 4.63% against the U.S. dollar, bringing the Ethereum to USD exchange rate to $1,025.07. It is a landmark moment, to be sure.However, I feel compelled to include a few other scraps of information that caught my eye. Some of them are quite disturbing.For example, the Commodity Futures Trading Commission (CFTS) is meeting to review complaints about Bitcoin futures. Ostensibly, the issue is whether or not there should have been public debate before the Chicago Board Options Exchange (Cboe) and Chicago Mercantile Exchange (CME) were allowed to list Bitcoin futures.But there are other, deeper concernsHow can anyone, for instance, take a short position on Bitcoin futures without risking financial ruin? The volatility is unlike anything weve ever seen, meaning that marking to market would be an exercise in cruelty.Members of the Futures Industry Association (FIA) voiced these concerns last month, but too many market participants were blinded by optimism. Now it appears as if the CFTC is reconsidering its position. This could Continue reading >>

First Bitcoin Futures Contract Expires At $10,900, Win For Bears

First Bitcoin Futures Contract Expires At $10,900, Win For Bears

First Bitcoin Futures Contract Expires At $10,900, Win for Bears CBOEs first bitcoin futures contact expired at $10,900 after a turbulent week for crypto markets. The Chicago Board Options Exchange (CBOE)s first Bitcoin futures contract closed Wednesday, Jan. 17, at $10,900 after a relatively turbulent week in the crypto market had briefly brought Bitcoins (BTC) price below $10,000. By Jan. 9, there were 1,907 short position contracts for Bitcoin futures on CBOE. When the futures closed on Jan. 16, BTC had gone down about 36 percent. Reuters reported on the futures contract closing as a win for bitcoin bears over the bulls. CBOE chief executive Ed Tilly told the Financial Times : [The] market experienced a smooth operational close and the settlement process worked as designed. CBOE launched the BTC futures trading on Dec. 11, attracting so much trading volume to their site that it temporarily went down. The day of the launch, BTC prices remained between around $16,500 and $17,500 . Looking back to before their launch, a Nov. 2017 CBOE blog post by CFA Russell Rhoads speculating on the unknown potential of Bitcoin futures reads: The question I am constantly hearing is, How will the futures prices relate to spot bitcoin pricing, and the best (and most honest) answer I can give is, I dont know [...] Ive heard arguments for the futures trading at both a premium and a discount to the spot price, personally I think the best strategy is to see what the market tells us when bitcoin futures are available for trading. CME Group launched the worlds second Bitcoin futures trading on Dec. 18, with each contract representing five bitcoins, whereas CBOEs contracts each represent one bitcoin. CMEs first Bitcoin contracts will expire January 26. Cointelegraph wrote in early January tha Continue reading >>

Cryptocurrency News - Are Ethereum Futures On Their Way?

Cryptocurrency News - Are Ethereum Futures On Their Way?

Ethereum (ETH) prices briefly topped the $753 territory on Thursday before retreating somewhat, marking yet another all-time high for the worlds second largest cryptocurrency by market capitalization. At the time of writing, ETH is trading near the $680 handle, which marks a 58% surge since Monday. What has been driving this astonishing rally, and is it likely to continue still? The latest spike in prices can be attributed to a variety of factors, but probably none more important than the launch of Bitcoin futures on the Cboe earlier this week. The move was widely perceived by the financial community as a step towards making not just Bitcoin, but cryptocurrencies in general, more legitimate as an asset class. For Bitcoin, the futures launch means a dramatic expansion in liquidity, and a gradual transformation into an asset that can be more easily included in an institutional investment portfolio, if so desired. What does it imply for Ethereum though? In short it paves the way for Ethereum futures to be launched at some point in the foreseeable, and perhaps near, future. With Ethereum being the second largest cryptocurrency after Bitcoin both by market capitalization and popularity it only makes sense that ETH will be next in line to see the launch of future contracts. Indeed, shortly after the Cboe first announced it will roll out Bitcoin futures, the groups President, Chris Concannon, hinted at the prospect of more cryptocurrency futures, including ones for Ethereum and Bitcoin Cash. What would such an announcement mean for Ethereum prices, and how much of the good news is likely priced in already? Although some expectations for such an action are likely factored into ETH already, it is still very far from being certain and as such, prices could still skyrocket in cas Continue reading >>

E-trade Financial Launches Cme Bitcoin Futures Trading

E-trade Financial Launches Cme Bitcoin Futures Trading

E-Trade Financial Launches CME Bitcoin Futures Trading Jan 3, 2018 at 09:00 UTC|UpdatedJan 3, 2018 at 09:04 UTC E-Trade Financial Corporation has opened trading in bitcoin futures from CME Group. According to its website , the online stock brokerage firm which launched the trading of CBOE bitcoin futures last month opened up trading of bitcoin futures from CME Group for customers as of Tuesday evening. The intraday initial margin requirement for the CME bitcoin futures ("BTC") has been set at 80 percent, that same as is required for CBOE futures ("XBT"). The New York-based online brokerage first allowed customers to trade bitcoin futuresfrom CBOE Global Markets on Dec. 20. The U.S. Commodity Futures Trading Commission (CFTC) approved both CBOE and CME to listbitcoin futures on Dec. 1. The regulator said at the time that the companieswill pursue a self-certified initial listing, after working with the agency to set a standard for the offerings. TD Ameritrade Holding Corp. and Ally Financial Inc.'s Ally Invest have also opened up CBOE bitcoin contracts to investors. Interactive Brokers Group also opened trading in products from both exchanges in December, a CNBC report states. Disclosure:CME Group is an investor in Digital Currency Group, CoinDesk's parent company. The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies . CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Continue reading >>

Milestone: Cboe's First Bitcoin Futures Contract Expired Today

Milestone: Cboe's First Bitcoin Futures Contract Expired Today

Milestone: Cboe's First Bitcoin Futures Contract Expired Today Jan 17, 2018 at 22:30 UTC|UpdatedJan 18, 2018 at 05:26 UTC The first bitcoin futures contract listed by Cboe has expired, a move that came amid a turbulent day of trading that saw the cryptocurrency's price drop below $10,000. First listed in mid-December, the futures had a rocky start but ultimately those platform issues were resolved. The opening day for the contract saw the price climbing above $15,000. According to data from CNBC , the F8 contract settled at a price of $11,055, a notable development considering that, at one point today, the price of bitcoin slid to as low as$9,199.59, according to CoinDesk's Bitcoin Price Index. Yet in the period of time after the F8 contract settled, bitcoin's price appears to be reversing the trend it has seen in the past two days. At press time, the BPI is reporting a price of$11,344.66 - a figure that is just several dollars above the day's open. Cboe data suggests that the market for its G8 contract (set to expire on 2/14) is trading slightly below the market, with the firm's official website reporting a price of $11,220.00. As for what the future will bring for Cboe's work in the cryptocurrency space, a recent press event covered by Bloomberg suggests that the company may explore products built around other coins - but that is likely to come after more months of work around the futures product. Speaking to reporters, CEO Ed Tilly said that the process could lead to something like an ETF - a long-sought product - but only if regulators are firmly on board. "Before you get into mainstream [exchange-traded products], we need to get through a series of settlements before that makes sense to regulators," Tilly was quoted as saying, adding: "Those boxes have to be check Continue reading >>

Bitcoin Futures Pave Way For Ether Derivatives From Cds Pioneer

Bitcoin Futures Pave Way For Ether Derivatives From Cds Pioneer

Bloomberg the Company & Its Products Bloomberg Anywhere Remote LoginBloomberg Anywhere Login Bloomberg Terminal Demo Request Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Bitcoin Futures Pave Way for Ether Derivatives From CDS Pioneer Code-named Virtuoso, exchanges backers include Sunil Hirani Follows plans by CME and Cboe to create bitcoin futures The second-biggest cryptocurrency is poised to get a derivatives market, thanks in part to a pioneer of trading credit-default swaps, according to two people familiar with the matter. Contracts on the ether digital currency will be offered by an as-yet-unnamed exchange going by the code name Virtuoso, according to one of the people, who asked not to be named discussing private information. One of its co-founders is Sunil Hirani, who sold the CDS brokerage he co-founded, Creditex Group, to Intercontinental Exchange Inc. in 2008 for about half a billion dollars, the person said. The plan comes on the heels of CME Group Inc. and Cboe Global Markets Inc.s decision to offer bitcoin futures, a sign the cryptocurrency business is maturing . Derivatives on bitcoin and ether could help lure professional traders and investors, whove been hesitant to dive into unregulated digital currency markets. Though bitcoin gets more headlines, ether is serious business. Its linked to the ethereum blockchain. When Wall Street banks and big corporations like International Business Machines Corp. tout blockchain Continue reading >>

Eth Futures Are Coming : Ethtrader

Eth Futures Are Coming : Ethtrader

Welcome to /r/EthTrader | Foundation Tip Jar | Rules | Policy | Mod Logs | Vote Tracking | News Timeline | Education | Comments RECDAO is a meta-community that seeks to provide Ethereum-based tools for improving how we use Reddit. Pre-register and then register your Reddit username on the Ethereum blockchain, vote in the dao, and be awarded community tokens based on your karma in community subs. Please see the FAQ for more details. TECHNICAL ANALYSIS FUNDAMENTAL ANALYSIS DISCUSSIONS DAPP DISCUSSIONS NEWS DAPP NEWS SCAMS WARNINGS TOKEN WARNINGS SECURITY RELEASE DAPP RELEASE EXCHANGES ADOPTION DAPP ADOPTION SENTIMENT STRATEGY METRICS MINING EDUCATIONAL MEDIA LEGACY DAPP ERC20 TOKEN AUGUR ALTETH ALTCOINS COMEDY SUPPORT TOOL You can correct inaccurate link-flair assignments by typing "[AutoMod]" along with the flair name in a top-level comment, e.g. [AutoMod] DAPP-NEWS. All flair names are capitalized, e.g. use [AutoMod] EXCHANGE instead of [AutoMod] Exchange. Two word flairs require a hyphen in between them. Requires 100 comment karma and 1-month account age. If this feature doesn't work, please message the modmail . Continue reading >>

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