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CME Vs. Binance: The Battle For Bitcoin Futures Supremacy
Friday, November 10, 2023 - 2:37pm | 688The Chicago Mercantile Exchange (CME), a regulated entity, recently emerged as the foremost exchange for Bitcoin (CRYPTO: BTC) futures, surpassing Binance (CRYPTO: BNB) for the first time in two years. This shift is particularly noteworthy as the cryptocurrency sector continues to evolve, a topic...
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Is the Bitcoin Market Overheated, Overleveraged? Why These Analysts Are Cautioning Traders
Tuesday, September 26, 2023 - 1:18pm | 555In a recent analysis, experts raised concerns about the potential vulnerabilities in the Bitcoin (CRYPTO: BTC) market due to leveraged long positions that lack adequate spot buying support. The analysis came at a crucial time, especially as discussions around the future of digital assets gain...
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Crypto's Shock Collapse May Be Over: Elon Musk's Headfake And 1 Data Point Show You Why
Friday, August 25, 2023 - 9:53am | 346JPMorgan Chase &. Co. (NYSE: JPM) analysts say the decline in long positions in the Chicago Mercantile Exchange's (CME) Bitcoin (CRYPTO: BTC) futures might be nearing its conclusion. The analysts focused on open interest, which denotes the total number of unsettled derivative contracts like...
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Coinbase Gets Federal Approval For New Futures Offering: Set To Tap Into 75% Of Global Crypto Trading
Wednesday, August 16, 2023 - 8:50am | 444Cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN), on Wednesday announced that it has secured approval to offer federally regulated crypto futures trading to eligible customers in the United States. This development comes after the company filed an application with the National...
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Spot Bitcoin ETFs Could Soon See SEC Approval, Suggests Bernstein Analysis
Monday, July 3, 2023 - 3:34pm | 595Brokerage firm Bernstein on Monday stated that the U.S. Securities and Exchange Commission (SEC) may find it challenging to maintain its current position on spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs), suggesting that the chances of approval are relatively high. The...
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Hong Kong Rolls Out Red Carpet For Crypto Giants: Could Coinbase Moving Its Headquarters?
Monday, June 12, 2023 - 1:29pm | 487Promoting its forward-thinking position on digital currencies, a member of the Hong Kong Legislative Council has extended an open invitation to Coinbase Global Inc (NASDAQ: COIN) and other cryptocurrency exchanges to set up shop in the territory. Johnny Ng, a member of the Legislative Council...
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Coinbase Shakes Up The Crypto World With Bitcoin And Ethereum Futures Rollout
Friday, June 2, 2023 - 4:58pm | 349Coinbase Global Inc.'s (NASDAQ: COIN) Derivatives Exchange announced on Friday it will launch institution-sized Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) futures contracts on June 5. The new contracts, named BTI and ETI futures, will be sized at 1 bitcoin and 10...
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Grayscale Points Out SEC's Inconsistency In Bitcoin Stop ETF Rejections
Monday, April 25, 2022 - 10:23am | 490Grayscale Investments — the firm behind the world's largest Bitcoin (CRYPTO: BTC) closed-end fund, Grayscale Bitcoin Trust (OTC: GBTC) — highlighted what it believes to be inconsistencies in the way the U.S. Securities and Exchange Commission (SEC) treats...
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FootLocker, Deere Become Latest Major Companies To Impress With Earnings Results
Friday, August 20, 2021 - 10:07am | 2395We’re on track for a losing week, though stocks continue to show resilience. Thursday was the most recent example. Yesterday’s rally after a steep early drop was really impressive as the “buy the dip” mentality lives on. There’s no way else to explain it. It...
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Invesco Files For A Bitcoin Strategy ETF That Will Not 'Directly Invest' In BTC
Thursday, August 5, 2021 - 9:28pm | 365What Happened: American asset manager Invesco Ltd. (NYSE: IVZ) has filed with the U.S. Securities and Exchange Commission for a new exchange-traded product titled “Invesco Bitcoin Strategy ETF.” Despite the name of the fund, Invesco emphasized in the filing that its Bitcoin fund “...
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CME Group Ends In-Person Trade, Successfully Launches Micro Bitcoin Futures
Thursday, May 6, 2021 - 1:00pm | 347CME Group Inc (NASDAQ: CME) announced an end to most open outcry trading pits while honing in on emerging markets with new products like Micro Bitcoin futures. What Happened: Founded in 1848, CME Group is an exchange that builds markets around derivatives like futures, or agreements to buy and sell...
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Tuesday's Market Minute: Bitcoin Clears $11,000 In Sudden Bullish Spike
Tuesday, July 28, 2020 - 9:20am | 207Bitcoin futures climbed to their highest levels in two months on Monday, surpassing $11,000 after clearing a key resistance point around $10,200. It could be a significant breakthrough for bulls counting on what seemed like an inevitable rise after a month of stagnant sideways trading. Gold futures...
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Is Cryptocurrency In For Another Volatile December?
Friday, December 6, 2019 - 10:25am | 698The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. The final month of the year has historically been a heady time for cryptocurrency markets, and this year is looking like it will...
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This Week In Cryptos: ShadowCash, BitConnect Make Big Moves As Regulators Take Center Stage
Friday, January 19, 2018 - 5:18pm | 589The extremely volatile cryptocurrency market had yet another extremely volatile week this week after a handful of impactful headlines shook the market. Cryptocurrency In The News The biggest news of the week came out of South Korea. On Thursday, South Korea policymakers said the country is...
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Smaller Investors: Getting In On Bitcoin Futures
Thursday, January 18, 2018 - 12:15pm | 835After a somewhat bumpy start at the CBOE Global Markets (NASDAQ: CBOE) and the CME Group (NASDAQ: CME) exchanges late last year, bitcoin futures contracts have finally become a reality, marking another key milestone in an eventful stretch for bitcoin, the world’s most popular cryptocurrency....