Tim McCourt, Managing Director of CME Group, said they have no plans to launch deliverable futures on the BTC. As part of a conversation with Markets Media representatives, McCourt said that since the launch of Bitcoin futures on the platform, and this was in 2017, most client requests are related to options for this financial instrument. For the entire period of the provision of this service, the platform carried out 20 settlements on futures contracts for the flagship cryptocurrency, more than 3,300 individual account holders were involved in trading this product. On average, the site processes 7,000 CME futures daily…
Author: BlockchainJournal
At the Faculty of Computer Science, Physics and Mathematics of Kherson State University, a unique "Laboratory of Cryptoeconomics" has been created. In it, students will receive knowledge on the preparation of economic analysis programs, the preparation of investment plans using data from the stock and bond markets, as well as investment skills with high-risk instruments, in particular, digital currencies. The Laboratory of Cryptoeconomics was created taking into account the experience of one of the best universities in the world – Stanford (USA). The equipment in it meets the world requirements for such institutions: a powerful server, ten modern computers, an…
Visa, Mastercard and other key Libra financial partners can review their participation in the project. It is reported by The Wall Street Journal. According to sources who are familiar with the situation, the likely reason for the refusal is criticism from American and European regulators towards Libra. Stephen Mnuchin, who holds the post of US Treasury Secretary, said in the summer that authorities were extremely excited that the project might be involved in money laundering and terrorist financing. At the same time, the President of America noted that Libra is likely to have a low level of stability, and, consequently,…
officially entered into force On October 1, a digital rights law entered into force in Russia, enshrining the basic definition of “digital law” (a legal analogue of the term “ token ”), and defining its participation in circulation as an object of civil rights. The Chairman of the State Duma Committee on State Building and Legislation Pavel Krasheninnikov, commenting on the new law, noted: "This is a new area for Russian law, so it is important to consolidate the main provisions in the Civil Code." In particular, the law introduced several basic provisions in the Civil Code of the Russian…
The Ministry of Finance of the Russian Federation is considering the possibility of dividing cryptocurrencies into three types for their further regulation. This was announced by Deputy Minister of Finance Alexei Moiseev, writes RNS. A new approach to regulation was developed during a panel discussion of the Russian Union of Industrialists and Entrepreneurs. “It is possible to divide cryptocurrencies into three types: technical tokens that occur to maintain the functioning of the system, virtual assets, then […]
The largest cryptocurrency was able to find a foothold and now we will have to resume the rally. This opinion is shared by many traders and experts. One of the supporters of this point of view is an analyst under the nickname Big Chonis. He believes that a level just above $ 8,000 will be a kind of starting point for the resumption of strong growth. $ BTC – nice way to start the week #bitcoin … Retest last weeks lows and break it by $ 10bucks, retouch MA100 and tweezer bounce … let's see if she can build off…
One of the largest banks in Germany, Bayerische Landesbank (BayernLB) published a study in which it predicted the price of bitcoin in 2020 based on the ratio of reserves and growth and models of Seyfedin Ammus and the popular analyst Plan B. Is Bitcoin outshining gold? @Saifedean introduced the stock-to- flow approach to Bitcoin. It serves to quantify the “hardness” of an asset. We took the […]
In September, the US Federal Reserve System not only lowered interest rates, but also pumped $ 278 billion into the banking system in the form of one-day financing. The New York Fed has already announced that it intends to continue the repurchase operation until mid-October. This is great news for margin traders that can affect any instrument. Which in turn will bring more volatility. Gold, silver and cryptocurrency markets will not be an exception. The European Central Bank also decided to lower the deposit rate from minus 0.4 to a record low of minus 0.5. The world banking system is…
The Venezuelan government uses cryptocurrencies “for free national and international payments,” Bloomberg reports citing President Nicolas Maduro. According to Maduro, the new tools of the Ministry of Finance and the central bank will soon allow everyone to carry out banking operations, including international payments. “Venezuela is already working in the cryptocurrency world,” Maduro summed up. Last week, it became known that the country's central bank is exploring the possibility of inclusion […]
For several years, the crypto community has been scared by the fact that one day quantum computers will appear that crack the blockchain in a few minutes, and the crypto market will come to an end. Google is considered the leader in the race for the creation of quantum computers. On September 24, 2019, the American edition of the Financial Times announced that the company had made a breakthrough in quantum computing, achieving “quantum superiority” – an experiment that demonstrated the superiority of a quantum computer over a classical one. Google’s quantum computer was able to calculate in just 3…