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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Civic CEO Vinny Lingham, Abra CEO Bill Barhydt, Smith + Crown CEO Brian Lio and More Join BnkToTheFuture’s Plans to Offer Equity Token Trading Global FinTech, Bitcoin and blockchain online investment platform BnkToTheFuture today announced its token sale advisory board, with executives from Civic, Smith + Crown, Abra, BitAngels, and more signing on to help…
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Cboe Global Markets, Inc. (Nasdaq: CBOE) has announced that Cboe bitcoin futures (XBT) began trading exactly as planned at 5:00 p.m. CT on Sunday, December 10, 2017, at the start of Global Trading Hours. The opening price for XBT was $15,000 and 890 contracts were traded by 7:15 p.m. CT. Monday, December 11, will be…
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Will this help bring France closer to overtaking London as a European financial trading center? Despite taking a very hard line when it comes to advertising and trading of leveraged financial instruments including Forex pairs and CFDs, France is looking to become a blockchain financial center. France's Finance Minister Bruno Le Maire said in a…
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In one of the most stark examples of "establishment" people jumping on the cryptocurrency bandwagon, former CFTC Commissioner Bart Chilton - one of the most recognizable faces and symbols of financial regulation - revealed this weekend that he is deeply involved in the ICO of a new token called OilCoin. OilCoin plans to launch its ICO…
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Bitcoin has passed $17,000 on almost all major exchanges on December 7th, 2017. As the digital currency skyrockets, many of us ponder upon what is happening and how it is possible for something that was worth $100 back in 2011, to multiply its value by 170 times for 6 years. From a currency associated with…
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Close to the launch of bitcoin futures by CME Group and other exciting news, the “people’s currency” is going through the roof. While many thought that Zimbabwe enjoyed a price level of around $14,000 that is not easily attainable in other countries, today Bitcoin gained over $1,200 in just 24 hours. The truth is, based…
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Abu Dhabi based international financial services firm ADS Securities has issued a warning that it is not affiliated, connected, or associated in any way with a company trading under, amongst other names, Zayed Coin. ADS stated that Zayed Coin, without permission, has used images of ADS Securities and referenced links between the organisations. There are…
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The following post is courtesy of Lilian Chovin, Investment Strategist at Coutts. Bitcoin was all over the place this week – and not just in the media. It reached an all-time high by breaking through the $11,000 mark but then fell by 20%. Its sharp rise brought back memories of the dotcom bubble back at…
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