In spite of all the previous rumors, CME Group Inc. is not going to introduce futures on cryptocurrencies other than Bitcoin.
The US-based derivatives marketplace is planning to estimate user demand for ethereum futures product prior to its future launch on the platform.
CME Group is announcing new ethereum price products that will provide users with an access to a reference rate and a real-time pricing index for the world’s second-largest digital currency.
The crypto trading firm Crypto Facilities launches Ethereum futures, allowing investors to broaden investment opportunities and manage risks more effectively.
The Bitcoin price has bounced up to $9,370 following recent a 10 percent decline marked on April 26 that reportedly was triggered by the sale of the Mt. Gox trustee funds while technical figures indicate the feasible potential for a move higher towards major resistance at $10,000.
CBOE, the predominant US derivatives exchange that provides Bitcoin futures contracts, passed through the highest trading volume for bitcoin futures. On Wednesday, the volume was nearly three times the average daily volume.
The UK’s Royal Mint is launching its own gold-backed cryptocurrency. One coin named RMG is equal to one gram of gold.
The bank joins its rival Goldman Sachs and becomes the second major Wall Street firm to launch clearing crypto contracts.
New York-based corporation, which is already trading CBOE bitcoin futures, now offers its clients one more opportunity to invest in bitcoins.
After a major slump and correction, Bitcoin price pulls back giving a major relief to investors.