Fun

News Feed - 2023-11-14 04:11:05

Derek Andersen5 hours agoCBOE to launch BTC, ETH margin futures trading in January with 11 firms supportingThe new trading capability comes simultaneously with a surge in interest in crypto financial products in the United States.1801 Total views17 Total sharesListen to article 0:00NewsJoin us on social networksCboe Digital has announced the launch date of Bitcoin (BTC) and Ether (ETH) margin futures trading: Jan. 11, 2024. The regulated crypto-native exchange and clearinghouse will become the first in the United States to offer both spot and leveraged derivatives trading on a single platform, it said in a statement.


Margin trading increases capital efficiency by allowing customers to trade futures without posting full collateral. The ability to carry out spot and derivative trading on the same platform will also increase efficiency.


Cboe Digital president John Palmer said:“We believe derivatives will foster additional liquidity and hedging opportunities in crypto and represent the next critical step in this market’s continued growth.”


Cboe Digital provides trading for individuals and institutions. Eleven firms, including crypto and traditional financial firms, will support the new capability from its launch. They include B2C2, BlockFills, Cumberland DRW and Talos, among others.


Related: Talos raises $105M to become the latest crypto unicorn valued at $1.3B


Cboe Digital received approval for margin futures trading from the U.S. Commodity Futures Trading Commission in June. At the time, CFTC Commissioner Christy Goldsmith Romero praised Cboe Digital for “operating within the parameters of the traditional futures market structure and regulatory framework.”


Cboe Digital said it plans to expand into physically delivered products eventually, subject to regulatory approval.Cboe Digital to adopt a Default Liquidity Incentive Program, in effect as early as November 17⚠️ pic.twitter.com/NlSC0xH8Ff— M.B. (@741trey) November 8, 2023


BTC futures open interest has been surging on the Chicago Mercantile Exchange, which is a Cboe Digital competitor. The CME became the second-largest BTC futures exchange after Binance in October, hitting a record high on Nov. 3.


Meanwhile, the industry is waiting for a decision from the Securities and Exchange Commission decision on 12 applications for spot BTC exchange-traded funds. The eight-day window for approvals began on Nov. 9.


Magazine: Cryptocurrency trading addiction: What to look out for and how it is treated# Business# SEC# ETF# CFTC# CME# CBOE# Futures# Trading# Commodities InvestmentAdd reactionAdd reactionRead morePay and dump? How businesses accepting crypto payments influence adoptionHistory tells us we’re in for a strong bull market with a hard landingWhat happened in crypto this weekend?

News Feed

Tom Blackstone2 hours agoBlast network hits $400M TVL, rebuts claim that it’s too centralizedThe Blast team responded to claims that its multisignature upgrade functionality makes it too centralized.311 Total views3 To
Traders are now gambling on ‘poorly drawn’ celebrity memecoins
Tom Mitchelhill3 hours agoTraders are now gambling on ‘poorly drawn’ celebrity memecoinsOne memecoin investor says an initial investment of $260 ballooned into $423,000 in just three days by purchasing a token called
With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021
With Close to 10 Billion Stablecoins Redeemed, BUSD"s Supply Drops to Lowest Level Since April 2021 Statistics recorded on April 15, 2023, show that the number of coins in circulat
William Suberg1 hour agoBitcoin analysis agrees BTC price may stall at $35KBTC price will have trouble breaking above $35,000, various analysts warn, as major resistance appears on Binance.699 Total viewsListen to articl
2021’s NFT Boom Pushes Collectors Toward Rare and Older Collections
2021"s NFT Boom Pushes Collectors Toward Rare and Older Collections In 2021, non-fungible tokens (NFTs) have been extremely popular and have become a billion-dollar industry this y
Chainlink Is In The Middle Of A Bullish Breakout – Analyst Sets $50 Target
Este artículo también está disponible en español. Chainlink (LINK) is navigating a turbulent market phase, recently experiencing an 11% decline after reaching a local hig
Ethereum Suffers from Unintended ‘Chain Split,’ Third-Party Services ‘Got Stuck on Minority Chain’
Ethereum Suffers from Unintended "Chain Split," Third-Party Services "Got Stuck on Minority Chain" According to a number of third party infrastructure providers,
Tom Mitchelhill7 hours agoCrypto is in ‘arms race’ against AI-powered scams: Quantstamp co-founderQuantstamp’s Richard Ma explained that the coming surge in sophisticated AI phishing scams could pose an existential
Bitcoin, Ethereum Technical Analysis: BTC Nears 10-Day Low, as Bears Regain Market Sentiment
Bitcoin, Ethereum Technical Analysis: BTC Nears 10-Day Low, as Bears Regain Market Sentiment Bitcoin continued to slip on Thursday, with the coin remaining close to its lowest leve
Bitcoin To $1.5 Million? Ark Invest CEO Cathie Wood Says It’s Coming
Este artículo también está disponible en español. ARK Invest’s Cathie Wood is steadfast on her estimate that Bitcoin may rise to $1.5 million by 2030, despite a bol
Bitcoin.com’s Market Aggregator Now Features Into the Block Crypto Asset Statistics
Bitcoin.com"s Market Aggregator Now Features Into the Block Crypto Asset StatisticsAt Bitcoin.com we take pride in providing the best cryptocurrency resources online so people can l
Bitcoin short-term holders ‘over-reaction’ a factor in BTC’s drop below $50K — Glassnode
Nancy Lubale4 hours agoBitcoin short-term holders ‘over-reaction’ a factor in BTC’s drop below $50K — GlassnodeGlassnode says short-term holders have “carried the brunt” of losses from Bitcoin’s recent drop