Bitcoin Futures Trading Rose 41 Percent in Q3: CME

Bitcoin futures trading volumes continued to rise in Q3, with derivatives exchange CME reporting a 41 percent quarter-over-quarter increase in average daily volume. Bitcoin Futures Volumes See Major Bump in Q3 During Q3, the exchange averaged 5,053 contracts — each equivalent to 5 BTC — traded during each daily trading session, representing 25,265 BTC in

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Soaring Inflation Sends Bitcoin Trading Volume to [Another] New High in Venezuela

The amount of Venezuelan bolivars being spent to purchase bitcoin has risen to record levels as the South American country experiences unprecedented hyperinflation and a worsening economic crisis. Per Coin Dance, bitcoins worth nearly 900 million bolivars have been traded so far this week in Venezuela, and this is already higher than last’s week volume

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Halfway Milestone: Crypto Trading App Robinhood Launches in U.S. State #25, Ohio

CryptocurrencyRobinhood is now in Ohio bringing the number of states that the cryptocurrency and stocks trading app is currently available in to 25. In a tweeted statement, the trading startup indicated that Ohioans can now trade various cryptocurrencies commission-free on the Robinhood app. Some of the cryptocurrencies that the users of the app can trade

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Bitcoin Price Manipulated by Cryptocurrency Trading Bots: WSJ

Bots that manipulate bitcoin price are not new, and they aren’t going away, according to The Wall Street Journal. The problem continues to draw regulatory scrutiny, as it was cited by the Securities and Exchange Commission (SEC) when it rejected several bitcoin ETF applications in August. Andy Bromberg, president and co-founder of CoinList, which issues tokens,

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Bitcoin Trading Volumes in Hyperinflation-Struck Venezuela Hits Record Highs

As the economic crisis in Venezuela worsens leading to a growing exodus of citizens out of the country, the demand for bitcoin and other cryptocurrencies has exploded. According to Coin Dance, Venezuelans traded bitcoins worth nearly 300 million bolivars last week and the record could be broken again as so far this week bitcoin worth

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The Last Frontier: Robinhood’s Commission-Free Crypto Trading Goes to Alaska

Trading app Robinhood has rolled out its commission-free cryptocurrency trading services to yet another state in the U.S. In a tweeted statement, the financial services firm disclosed that residents of Alaska can now trade Bitcoin, Bitcoin Cash, Dogecoin, Ethereum, Ethereum classic and Litecoin on Robinhood Crypto. Alaska, thanks for bearing with us. Trade Bitcoin and

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Crypto Giant Circle Lists EOS, Stellar, 0x and Qtum

Circle has announced the addition of four new digital assets to the Circle Invest platform, bringing the total number of listed cryptocurrencies on the platform to 11. Announcing the news in a blog post, Circle revealed the new additions to be EOS, Stellar, 0x and Qtum. Circle further revealed that the four assets can be

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Morgan Stanley is Building a Bitcoin Swap Trading Product: Report

Another of the world’s largest investment banks is quietly building a product that will allow its clients to trade bitcoin, at least indirectly. Citing a person familiar with the matter, Bloomberg reports that Morgan Stanley, the sixth-largest bank in the U.S. by assets, is creating a proprietary derivatives product that will give traders “synthetic exposure”

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Bitcoin Mutual Fund Launches in Canada

First Block Capital Inc., a Canadian cryptocurrency and blockchain investment company, has announced that its bitcoin trust, FBC Bitcoin Trust, has achieved mutual fund status in Canada, allowing investors to place funds in registered accounts such as a Tax Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP). The trust is available on NEO

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SEC Halts U.S. Trading of Swedish ‘Bitcoin ETF’, Bitcoin Markets Not Impacted

The U.S. Securities and Exchange Commission (SEC) has halted trading of two foreign cryptocurrency investment products, including one that investors commonly referred to as the “Swedish bitcoin ETF.” SEC Leashes Bitcoin & Ethereum Investment Products The SEC announced the temporary trading suspension on Sunday, while U.S. markets were closed for the weekend, claiming that “there

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