CME Dials Back on XRP, SOL Futures Listing, Here’s Why
The Chicago Mercantile Exchange (CME) Group denied plans to launch futures contracts for Ripple’s XRP or Solana (SOL) after a beta page mistakenly went public.
Bitcoin Futures Break Past $100K on Deribit, Setting Bold Market Expectations
Deribit’s futures market shows that traders and investors have rested their hopes on Bitcoin and its potential growth in the coming months.
Canary Capital Follows Bitwise and Files for Spot XRP ETF despite SEC Appeal
The Canary XRP ETF would track the XRP price by using the Chicago Mercantile Exchange (CME) CF Ripple index and would avoid derivatives product for tracking.
Bitcoin (BTC) Price Pumps Above $61K amid Renewed Interest from Retail Traders
On-chain data shows that short-term Bitcoin holders are currently holding the largest unrealized losses since the FTX implosion.
Bitcoin Rebounds Sharply after 15% Drop, JPMorgan Analysts Point to Institutional Support
By
Bena Ilyas
JPMorgan’s report shows limited de-risking by institutional investors in bitcoin futures. Their futures position indicator confirms this confidence, tracking open interest in CME Bitcoin futures.
Hong Kong to Launch CSOP’s First Bitcoin Inverse Investment Product
The listing of a CSOP’s financial product is an addition to Hong Kong’s ongoing efforts to diversify its financial products and become a central hub for crypto business.
Ripple CEO Says XRP Index from CF Benchmarks Will Fuel Adoption
CME Group announced that the new XRP and Internet Computer reference rates are designed to provide the US dollar price of each digital asset.
Brokerage Firm Hidden Road Accepts BlackRock’s BUIDL Token, Integrates Major Exchanges
The key game-changer in Hidden Road’s recent double announcement is its expanded use of BlackRock’s BUIDL token.
NYSE President Gives Nod to Crypto Trading Demanding Clear Crypto Regulations
The NYSE President stated that the successful launch of the spot Bitcoin ETFs in the US has already validated the demand for crypto products. She added that NYSE would wait for clear regulatory guidelines before venturing in this market.
Hedge Funds Adopt Largest Bearish Position in CME Micro Bitcoin Futures since 2021
By
staff writer
The hedge funds’ significant short positions could have several implications for the broader market. Most likely, it can exert downward pressure on prices.
US SEC Approves 8 Spot Ether ETFs, VanEck Runs Promotional Ads
Soon after the 19b-4 approval by the US SEC, VanEck Investments swung into action by releasing a 37-second advertisement swaying viewers to “Enter the ether”.
Coinbase (COIN) Stock Tanks 10% amid Fears of CME Competition in Spot Bitcoin Trading
Coinbase stock came under strong selling pressure on Thursday, as giant CME Group announced its plans to offer spot Bitcoin trading. This regulated platform could provide tough competition to Coinbase amid its ongoing SEC battle.
CME Group to Venture into Bitcoin Trading
CME Group aims to tap into the growing interest in Bitcoin among major players in the financial sector to establish a regulated marketplace that offers users direct exposure to the kingcoin.
Bitcoin (BTC) and Altcoins Rally amid Fed’s Dovish Stand Despite Hot Inflation
Analysts are bullish for Bitcoin to hit new all-time highs, amid the strong bounce back, before the Bitcoin halving event 2024 in April.
SEC Delays Decision on Cboe Options Trading for Bitcoin ETFs
By
Tolu Ajiboye
The SEC has pushed making a decision on an application from the Cboe seeking to trade Bitcoin ETF Options. The agency will decide by April.