Search Results for: CME
The Bitcoin Futures Race Is On
December 5th, 2017
The race to get bitcoin futures is now on. The CBOE announced Monday it would begin trading bitcoin futures on Sunday evening at the start of global trading hours. The first full day of trading would be on Monday, ...
The U.S. dollar bounced to a two-week top
December 4th, 2017
The U.S. dollar bounced to a two-week top on Monday and S&P futures jumped as traders marked the passage of a Senate tax bill over the weekend, a move that raises the risk of more aggressive rate hikes in ...
Enthusiasts Point Out The Bitcoin Could Rise Dramatically
November 29th, 2017
Bitcoin saw a massive, sudden spike just after it broke through a closely watched milestone Tuesday night. The cryptocurrency traded at an all-time high of $10,831.75 just after 12:30 a.m. ET, according to industry site CoinDesk. That represented a ...
Bitcoin surged to yet another new record high; Cracks $9,600
November 27th, 2017
Bitcoin surged to yet another new record high on Monday, breaking a record set during the Thanksgiving weekend stateside. The cryptocurrency jumped to an all-time high of $9,682.10 hours after cracking the $9,400 level on Sunday, according to industry ...
JPMorgan considers getting into bitcoin while bank’s CEO Jamie Dimon calls it ‘a fraud’
November 23rd, 2017
The Wall Street banking giant JPMorgan is weighing up whether it could help its clients tap into a potential bitcoin futures market being prepared by the Chicago Mercantile Exchange (CME), media reported citing sources. The bank is gauging client ...
Finance chiefs say bitcoin is ‘real’ but many think it’s in a bubble right now
November 21st, 2017
Ninety-seven chief financial officers (CFOs) on CNBC’s Global CFO Council were asked their view on bitcoin Out of the 43 that responded, 27.9 percent said the cryptocurrency is “real but in a bubble” Another 14 percent said that bitcoin ...
Cryptos may destabilise fiat
November 17th, 2017
The assumption in some quarters is that crypto-currencies will replace gold as money, or at least challenge it. This is an error borne out of a misunderstanding of catallactics, or the theory of exchange. It also ignores the fact ...
FCStone Financial Ordered To Pay A Penalty
November 17th, 2017
The Commodity Futures Trading Commission (CFTC) issued an order filing and settling charges against FCStone Merchant Services LLC (FCStone Merchant) for entering into multiple noncompetitive trades and against INTL FCStone Financial Inc. (FCStone Financial), a registered Futures Commission Merchant ...
Bitcoin’s value rose $10 billion in just 12 hours after a dramatic sell-off
November 14th, 2017
Bitcoin rallied more than 11 percent in just over half a day on Monday, following a dramatic plunge in the cryptocurrency over the weekend. The digital currency started trading at $5,857.32 on Monday and rose nearly 15.6 percent to ...
Goldman Sachs predicts bitcoin can run past $7,900
November 8th, 2017
Goldman Sachs expects bitcoin will hit new records, despite a roughly $600 drop in the digital currency from all-time highs. Bitcoin can hit $7,941 and eventually trade higher, Goldman Sachs’ Sheba Jafari says in a Sunday note. Following last ...
