Bitcoin Futures

A futures contract is a contract that allows a seller to place a leveraged bet on whether the price of the underlying asset will move higher or lower before the contract expires obliging the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and price. These types of contracts are standardized to allow for trading on a futures exchange.

It is important to differentiate between options and futures. The first type of the financial relations give the holder the right (not obligation) to buy or sell the asset at expiration date, but when it comes to futures the holder is obligated to fulfill the terms of the contract.

Bitcoin futures contract is no different from ordinary contracts of the kind excerpt that “digital character” of the underlying asset.

Bitcoin futures are cash settled, meaning no bitcoins actually change ownership when a contract expires, which allows large investors to put their money into bitcoin without actually buying it. The instrument allows traders to speculate the digital currency’s price, which may go up or down in one, two or three months.

CBOE became the first exchange to introduce bitcoin futures and offer an opportunity for investors to embrace the digital currency market via a regulated platform.

A debut of bitcoin futures took place on the Chicago Board Options Exchange (CBOE) on Sunday, December 10 with more than 800 contracts secured in the first two hours since the start of trading. This contributed greatly to the bitcoin futures’ price surge, which gained 25% in the first day.

Another major exchange, the Chicago Mercantile Exchange (CME), is planning to trade bitcoin futures starting on December 18 next week. NASDAQ has also unveiled its plans to launch futures contracts in January, 2018.

Morgan Stanley Starts Clearing Bitcoin Futures
January 19th, 2018

The bank joins its rival Goldman Sachs and becomes the second major Wall Street firm to launch clearing crypto contracts.

Bitcoin and Ether Gain 20% and 30% Respectively, While Ripple Bounces Back Almost 70%
January 18th, 2018

Two major cryptocurrencies show the signs of recovery after last-week’s market crashdown. The third largest, Ripple, also gains pace with 68% growth.

NYSE Arсa Seeks Regulatory Approval for 5 Bitcoin Exchange-Traded Funds (ETFs)
January 8th, 2018

The New York Stock Exchange wants to launch new Bitcoin-related exchange-traded funds (ETF) on Arca. If the SEC approves it, NYSE will become the third American exchange to offer Bitcoin futures contracts.

Online Brokerage E*Trade Launches CME Bitcoin Futures Trading
January 3rd, 2018

New York-based corporation, which is already trading CBOE bitcoin futures, now offers its clients one more opportunity to invest in bitcoins.

Following NYSE, CBOE Files for Six Bitcoin ETFs with the SEC
December 23rd, 2017

The race for Bitcoin Exchange Traded Funds (ETFs) heats up as CBOE has filed for 6 ETFs with the SEC.

CME Bitcoin Futures Open Above $20,000 in First Day Trading
December 18th, 2017

On the very first day of launch, CME Bitcoin Futures contract open above $20000.

TD Ameritrade Actuates CBOE Bitcoin Futures Contract Trading
December 17th, 2017

On 18th of December, TD Ameritrade Holding Corp., a well-known investing and trading platform, will enable its brokerage clients to trade bitcoin futures.

Bitcoin Price Surpasses $20,000 a Day Before CME’s Bitcoin Futures Go Live
December 17th, 2017

Bitcoin hits new all-time high of $20000 a day before CME futures contract goes live. Here is what you should know when deciding between CBOE and CME contracts.

Deutsche Börse Stock Exchange is Considering Introducing Bitcoin Futures Contracts
December 15th, 2017

German stock exchange Deutsche Börse is mulling over the launching of its own bitcoin futures contracts. Due to that Germany will be the first European country to issue bitcoin futures contracts on a regulated trading platform.

South Korea Considers Cryptocurrency Tax While Going Bitcoin Crazy
December 13th, 2017

The country that faces Bitcoin frenzy may ban Bitcoin transactions unless they meet strict conditions.

Market Capitalization of All Cryptocurrencies Surpasses Half Trillion Dollars
December 13th, 2017

As altcoins are making a major rally, the overall cryptocurrency market cap climbs above the half-trillion-dollar benchmark.

CBOE’s Bitcoin Futures Contracts are Above $18,300 on the 2nd Day of Trading
December 12th, 2017

The price of bitcoin futures keeps surging since their launch on the Chicago Board Options Exchange two days ago, showing growing investor demand.

‘Bitcoin Mania’: People Take out Mortgages to Invest in Cryptocurrency
December 12th, 2017

Bitcoin levels up while Americans mortgage their property against the piece of crypto pie.