At CFTC, Coinbase’s Dorothy D. DeWitt will be responsible for the supervision of derivatives platforms, including bitcoin futures, swap data repositories, as well as for the evaluation of the new platform-traded products.
Citing massive open positions and interest for its Bitcoin futures contracts, CME Group requested CFTC to double the limit of monthly contracts traded.
If things go according to plan, Bitcoin.com would soon launch the first Bitcoin Cash derivative in the form of futures contracts. The company is looking to launch this with a CFTC-approved exchange.
Bakkt seems to be finally approaching its ambitious goal of creating a marketplace for physically-settled Bitcoin futures, as now the company announces its Warehouse is active for futures contracts.
In a relief rally for the investors, Bitcoin price jumped 6% to move above $10,000 levels. With today’s move Bitcoin alone contributes to 70% of the overall cryptocurrency market cap.
Bitcoin price surprises the market by slipping below $10K levels on August 28. Crytpo analysts trace Bitcoin whales moving massive BTC tokens ahead this week.
The Bakkt Warehouse will provide the safe and secure of physical Bitcoin tokens in a regulated environment starting from September 6th. The Warehouse facility is specifically designed for its physically-settled Bitcoin Futures contracts.
LedgerX has not yet launched the first physically settled Bitcoin Futures trading platform after the 180-day probation period with CFTC stating that lack of a decision does not constitute an approval.
Just recently, LedgerX came out saying that they have launched the first physically settled Bitcoin Futures trading platform. However, CFTC later commented that LedgerX hasn’t yet been approved by the commission.
Bitcoin derivatives provider LedgerX announced it has launched the first physically-settled bitcoin futures contracts in the U.S. The contracts, which pay traders out in Bitcoin, will be available to both institutional and retail investors.