Wednesday, March 20, 2019
The largest bank in Russia, the state-owned Sberbank, has reportedly announced its plans to bypass the Russian cryptocurrency regulations and offer crypto trading to customers overseas. The bank is looking at trading pairs of the most liquid and well-known cryptocurrencies. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Bypassing...
With exchange-traded bitcoin futures almost here, cryptocurrencies are becoming popular mainstream investment instruments in the eyes of many. As such, every trading and investing service must give its clients exposure to bitcoin in order to stay relevant. The latest company to jump on the bandwagon is Yahoo, offering its...
These days more players on Wall Street are adopting bitcoin as a new vehicle that can potentially deliver amazing growth opportunities, and traditional investors are reaping the benefits. An index fund operated by Bitwise, for example, has delivered a 45% return in its first two months. Also Read: Cryptocurrency Regulator...
The largest U.S. options provider, the Chicago Board Options Exchange (Cboe), is set to launch its bitcoin-based futures products today at 6 pm EDT. Currently, investors and speculators are interested in what will happen when the derivatives products launch, because at the moment there are no open standards for...
The financial mogul Michael Novogratz, a former Fortress Investment Group executive, stated back in September that he planned to start a cryptocurrency hedge fund. Now according to reports, the former macro trader is putting the hedge fund on hold as he’s not as confident as he once was, regarding bitcoin’s...
Up until today, market sentiment has been all bull on the world’s most popular cryptocurrency, bitcoin. News of pending futures from Chicago by Christmas, price upticks, and all-time highs ignore bears altogether. Now from the Swiss comes a first set of bitcoin short notes designed to profit from price...
Two companies have filed to launch blockchain tracking exchange-traded funds (ETFs) late last week, sparking a new derivative market pertaining to distributed ledger technology. On Thursday, Amplify Investments LLC filed for the Amplify Blockchain Leaders ETF, and Reality Shares filed for the Nasdaq Blockchain Economy ETF. Also Read: Bank of America...
The well known Canadian financial institution Versabank has announced it is in the midst of building a new vault initiative for customers so they can securely store digital assets. Versabank’s latest creation will be called, ‘Versavault,’ a platform focused on storing all kinds of digital properties including cryptocurrencies, but with...
HYCM, of the Henyep Capital Markets Group, has announced its launch of a contract-for-difference (CFD) for Bitcoin Cash paired against the US dollar. The introduction of BCH/USD trading brings the total number of cryptocurrency pairings offered by the Hong Kong-based broker to five, with HYCM simultaneously introducing a pairing...
Bitcoin and cryptocurrency markets, in general, have been bearish during the first month of 2018 after many digital assets reached all-time price highs this past December. A lot of people have been following the correlation between the newly added bitcoin-based derivatives markets offered by Cboe and CME, alongside bitcoin...