The NASDAQ plans as early as next year the second quarter launch of bitcoin futures

The NASDAQ plans as early as next year the second quarter launch of bitcoin futures

The Nasdaq stock exchange program launched the first bitcoin futures in the second quarter of 2018, the NASDAQ has become the Chicago Mercantile Exchange (CME), the Chicago Board Options Exchange (CBOE), third of the United States to enter the encryption currency market exchange.

NASDAQ plans early launch of the product in the two quarter of next year. The contract will be on the NASDAQ NFX market transactions.

On Wednesday, bitcoin prices exceeded $11000 mark. Since this year, bitcoin has risen over 1100%. Bitcoin 7 years ago only 6 cents, less than $1000 earlier this year.

Bitcoin supporters pointed out that if the world’s $200 trillion of assets in the traditional financial market, bitcoin even if only a small part of it will also rise sharply.

FortressInvestmentGroup investment group, the former hedge fund manager MichaelNovogratz said, bitcoin prices at the end of 2018 is expected to easily reach $40 thousand.

At present in the four major U.S. exchanges, NASDAQ, CME and CboeGlobalMarketsInc are planning to enter the encryption currency derivatives market. The New York stock exchange’s parent company, IntercontinentalExchange is the only one large exchange has not yet announced similar plans.

Early in October this year, the Chicago Mercantile Exchange Group (CME, “Chicago”) has announced that from 2017 the beginning of the fourth quarter launch of bitcoin futures.

The new futures contract will be based on the CMECF bitcoin reference rate (BRR) of cash settlement, the interest rate as the bitcoin $”premium, updated once a day. Bitcoin futures will be included in the list of transactions in Chicago, and constrained by the Chicago futures trading rules.

Bitcoin trading platform GeminiTrust and Winklevoss cooperation Chicago brothers established, using data development bitcoin derivatives and index of the platform.

Goldcorp supports the Vancouver block chain company started bitcoin mining mining industry is the first to offer stock options

Goldcorp supports the Vancouver block chain company started bitcoin mining mining industry is the first to offer stock options

    

Canadian mining expert Frank Jutra? (FrankGiustra) began to dig bitcoin and other encryption currency, rather than gold. He supports a HiveTechnologiesInc. block of Vancouver chain company recently, is responsible for the supervision of these mining operations, and provide the mining stock option for the first time.

Canadian mining experts support Vancouver block chain company bitcoin mining shares soared Hive

In the Giustra after the company’s support and its foray into digging bitcoin mining, the company’s stock price soared. According to Bloomberg, mining shares have risen 633%. The company currently has a market value of $443 million. Hive CEO HarryPokrandt said his company in this field is unique:

“We are very lucky is the first to provide mining stock options in the company, which is unique in that we are entering the industry.”

Giustra helped Hive become the focus by his former business. He is GoldcorpInc. and Lions Gate Entertainment (LionsGateEntertainmentcorp.) founder. The article introduces Giustra bloomberg:

He left him? Clinton (BillClinton) and Jorge? ‘(GeorgeSoros) as his partner. These relationships may let him catch a new financial corner, navigation and uncertain in bitcoin regulatory waters.

Hive supports GenesisMiningLTD, Hive can stimulate more mainstream investment

After the Gisutra Hive support bitcoin mining, they acquired Hongkong based GenesisMiningLTD. for $9 million. According to Bloomberg, they gave them a 30% stake in the acquisition of a new data center in Iceland.

This article wrote: “there, Hive plans to tap the different encryption currency, it depends on what encryption currency can provide the best profit, and the establishment of a coin inventory according to the expected price.” Hive said it plans to price $5 million acquisition in the next second Genesis data center, and can choose to buy more storage in Ireland and Sweden, these countries can reduce the power and cooling costs.

The adventure of Giustra and HiveTechnologies bitcoin mining field, may attract other mainstream investors to accept the encryption currency. For the traditional financial investors, there are many methods of stock option can attract their customers to buy coins and other digital currency. However, however, other more enterprising investors may find some new ways to new technology from the smart money. There will be countless ways to use bitcoin.

Bitcoin prices rose to a new high of three years or ETF will be approved in the United States

Bitcoin prices rose to a new high of three years or ETF will be approved in the United States

According to Reuters, digital currency bitcoin reached the highest level in three years on Thursday, due to speculation that the first bitcoin Exchange Traded Fund (ETF) will be established to obtain U.S. financial regulatory approval.

The traditional financial players is not too like this network encryption money based on that variable is too big, too complex and risky, and doubt its intrinsic value.

This year has risen by 17% bitcoin, the Bitstamp exchange in Europe continue to rise by about 1% per bitcoin $1160. This price is only slightly less than $1163 in November 2013 hit the highest record.

Some analysts believe that bitcoin Exchange Traded Fund (ETF) approved the establishment, will allow the currency to the market more attractive to investors more cautious.

Three tracking bitcoin value ETF has the U.S. Securities and Exchange Commission (SEC) submitted the application for establishment.

In March 11th SEC will decide whether to approve Cameron and TylerWinklevoss submitted four years before the application. If approved, it will become the first issued by the entity and the supervision of bitcoin ETF.

Digital currency analysis company CEO Cryptocompare CharlesHayter said: “if approved, it will certainly give bitcoin prestige and strength.”

“Maybe the key will be to bitcoin funds. There may be frequent retail trading in the short term, but in the end will bring a certain degree of stability.” He said.

In the past year, bitcoin fluctuations on the maximum is about 10% compared with the traditional currency — is not stable, but the rate has been less than 40% times in 2013.

Bitcoin prices rose 125% in 2016, more than any one currency. This advantage is sustained since 2010 so far. The S & P 500 stock index rose 9.5% last year.

Bitcoin Market: US $800 thousand agents pleaded guilty to illegal bitcoin

Bitcoin Market: US $800 thousand agents pleaded guilty to illegal bitcoin

Bitcoin prices on Tuesday (September 1st) the disc highs yesterday, taking part in.

BITSTAMP announced the price display, bitcoin / $(XBT/USD) yesterday from 225 near the start of a strong rebound, had risen above 232, but the trading days the Asian plate highs again fall to below the 230 level.

KRAKEN announced the price display, bitcoin / euro (XBT/EUR) yesterday from 202 levels continued to rise to around 208, the trading days the Asian plate continued to drop, return to below 205.


(bitcoin / $chart source: Peng Bo, FX168 financial network)

(bitcoin / Euro time chart source: Peng Bo, FX168 financial network)


The industry, American secret service agent ShaunBridges before the beginning of the week in federal court in San Francisco admitted on money laundering and obstruction of justice charges in court.

Previously, ShaunBridges has been charged, said its investigation into online drug market “Silk Road”, to more than $800 thousand worth of bitcoin to personal account.

The silk road was closed in October 2013. Allegedly, the “Silk Road” completed more than $214 million in trading drugs and other illegal goods, traders often use bitcoin. The founder of the RossUlbricht website in May this year, was sentenced to life imprisonment.

Beijing time 13:25 on September 1st, bitcoin / USD / Euro 229.32, bitcoin at 204.79.