Investors are now wondering what is going on with Bitcoin's price craziness, as the price chart already looks like the infamous "hockey stick", and experts are grasping to find the reasons why the digital currency is now hitting the $17,000 level every day. The answer may be leverage. The Japanese exchange, bitFlyer, said that their…
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After initially launching cryptocurrency trading in October, Limassol based Retail FX brokerage group RoboForex has announced that it is increasing the leverage clients can use in trading Bitcoin, Ethereum, et al to 10x. When first launched, RoboForex was offering between 1:1 and 1:5 leverage on cryptos. RoboForex is making the move despite the recent hyper-volatility…
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Cboe Global Markets, Inc. (Nasdaq: CBOE) announced Cboe bitcoin futures (XBT) traded a reported 4,127 contracts in their first day of trading. XBT futures debuted Sunday, December 10, at 5:00 p.m. CT, the beginning of Global Trading Hours. The first trading session closed at 3:15 p.m. CT today, December 11. The Cboe Futures Exchange (CFE)…
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While top projects continue to crack $100 million, 1 in 5 are abandoning ICOs altogether Token Report, the database of verified information on ICOs, today released data on shifting trends in ICO funding. The gap between top projects and mid-tier projects is widening, and more project leaders are abandoning their ICOs altogether. In Q3, about…
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Online broker-dealer and futures commission merchant TradeStation Group, Inc., a fully owned subsidiary of Monex Group, Inc. (TYO:8698), just announced that eligible futures clients can now trade the new Bitcoin futures contract being offered by Cboe Global Markets, Inc. (Nasdaq: CBOE). Chicago-based Cboe commenced trading in the contract (ticker symbol XBT) on its Cboe Futures…
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A California-based company selling digital tokens to investors to raise capital for its blockchain-based food review service halted its initial coin offering (ICO) after being contacted by the U.S. Securities and Exchange Commission (SEC), and agreed to an order in which the SEC found that its conduct constituted unregistered securities offers and sales. According to…
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Litecoin is currently the fifth largest cryptocurrency available to investors by market capitalization (around $11 billion). According to Coinbase, the digital currency is up with +4,752.77% annual change. Now, in just under 24 hours, Litecoin's price jumped with almost 25%, reaching a new high of $197, just after CBOE launched bitcoin futures on 10th December,…
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Just after CBOE, the Chicago-based exchange, launched Bitcoin futures, two firms have filed applications for bitcoin ETFs that trade in crypto derivatives. CryptoCoinsNews just reported that, according to the SEC public filing system, the commission has received new applications for both REX Bitcoin Strategy ETF and REX Short Bitcoin Strategy ETF, as well as VanEck…
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On 10th of December, CBOE Global Markets launched the new bitcoin product on the market - bitcoin futures. CBOE became the first exchange to offer bitcoin futures, while CME launches them on 17th of December. While many expected the price of Bitcoin to crash and for the futures to trade at a relatively low price,…
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The Hong Kong Securities and Futures Commission (SFC) today issued a circular which cautions investors of the risks associated with Bitcoin futures contracts and other cryptocurrency-related investment products and reminds financial service providers of the legal and regulatory requirements when they target customers in Hong Kong. The circular notes that futures and commodities exchanges in…
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