From around 14:00 UTC on July 10, Bitcoin fell $962 from its previous price in a little over an hour, landing just above the $12,000 psychological support before another wave of sellers dragged it to a peak low of $11,445.
The CME Group has seen a massive surge in open interest for Bitcoin Futures contracts that also hints towards rising institutional participation.
CFTC granted TD Ameritrade-backed ErisX a derivatives clearing organization (DCO) license under the Commodity Exchange Act (CEA) allowing the Eris Exchange to offer physically delivered digital asset futures contracts.
Binance decided to enable futures trading. At the Asia Blockchain Summit in Taipei, Changpeng Zhao, founder and CEO of the exchange, showcased a futures trading interface on Binance with features including longs and shorts on crypto assets.
The Commodity Futures Trading Commission (CFTC) cleared Bitcoin derivatives provider LedgerX to offer physically settled BTC futures contracts to institutional and retail customers.
Russian officials think that Facebook’s Global Coin will have a massive usage across the globe and hence it would be easier to trade oil barrels in their currency.
Facebook is in talks with the U.S CFTC to find out whether its GlobalCoin project will fall under the agency’s regulatory requirements.
Bakkt expects the soft launch of their Bitcoin Futures product by July, explaining that it intends to iron out any kinks in the coming weeks. They confirmed confirmed working “closely” with the U.S. Commodity Futures Trading Commission (CFTC).
The U.S. Commodity Futures Trading Commission (CFTC) said they are willing to approve Ethereum futures contract – provided it does everything right.
According to the report published by DataLight, the USA leads the world in crypto trading, with Japan and South Korea taking the second and the third places.