The company has asked the regulator to double the maximum permissible open positions each client can hold in Bitcoin futures. The Chicago Mercantile Exchange (CME) Group is petitioning United States regulators to allow its clients to double their open Bitcoin futures positions. Double open positions limit, says CME According to Nasdaq on Sept. 12, CME […]
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Veteran trader says Bitcoin might not be digital gold and suggests an impending recession will test the Bitcoin as a store-of-value narrative. For many, trading cryptocurrency can be a challenge, but the process is made easier if one relies on a combination of technical analysis tools and oscillators to provide insight on which path digital […]
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CEO of VanEck Associates Jan Van Eck said that the company is now offering a type of exchange-traded product with exposure to Bitcoin. The CEO of investment management firm VanEck Associates, Jan Van Eck, said that the company is now offering a type financial product with exposure to Bitcoin (BTC). In an interview with CNBC […]
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The Intercontinental Exchange, which will house the Bakkt’s Bitcoin futures contracts, has released requirements for margin trading. The Intercontinental Exchange (ICE) has announced tentative margin requirements for Bakkt Bitcoin (BTC) futures trading contracts. The announcement appeared on ICE’s official website on Sept. 9. Bakkt futures margin requirements Per the notice, the initial hedge requirement for daily […]
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40% of millennials would prefer to invest in crypto assets in the event of a recession, according to data from eToro. 40% of millennials would prefer to invest in crypto assets in the event of a recession, according to data from eToro, a multi-asset investment platform and social network. In a press release shared with […]
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Nasdaq has launched a decentralized finance index including crypto assets of projects like 0x, MakerDAO and Augur. Major United States stock exchange Nasdaq has unveiled a blockchain decentralized finance (DeFi) index Defix (DEFX). According to a Defix press release published on Sept. 9, brokerage firm Exante streamlined the launch of the Defix index. A disparate […]
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Nickel Asset Management, a U.K.-based hedge fund manager, has raised $50 million for its newly launched crypto investment fund. Nickel Asset Management, a United Kingdom-based hedge fund manager, has raised $50 million for its newly launched crypto investment fund. According to a report from Finance Magnates on Sept. 9, the hedge fund has raised $50 […]
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Can the top performers of the past week build on the gains and turn bullish? Let’s look at the charts. The United States Federal Reserve is not working on a digital currency of its own, said Fed Chair Jerome Powell. He said that cyber security issues are likely to deter central banks from releasing their […]
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Inverse correlation between Bitcoin and Chinese yuan reaches has hit record levels over the past week amid global economic uncertainty. Bitcoin price has seen a record inverse correlation with the Chinese yuan (CNY) this week, according to an analysis from Bloomberg on Sept. 6. This suggests that investors are using the digital currency as a […]
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Offchain Labs, an enterprise-focused blockchain startup, has launched an Alpha version of its Ethereum scaling solution with new investment from Coinbase. Following investment from Coinbase Ventures, Offchain Labs has opened up the Alpha version of its Ethereum (ETH) scaling solution, dubbed Arbitrum. Enterprise-focused blockchain startup Offchain Labs said that their solution will enable processing speed […]
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