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JPMorgan Economist Expects the Fed to Hike Benchmark Rate by 75 bps as Global Markets Bleed

The U.S. Federal Reserve is expected to raise the federal funds rate during its next meeting on Wednesday and JPMorgan economist Michael Feroli believes that rising inflation will push the…

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Derivatives Exchange Giant CME Group Adds 11 New Cryptocurrency Reference Rates

Global markets company and Chicago-based derivatives exchange CME Group plans to launch 11 new reference rates tied to specific crypto assets. The reference rates and real-time indices bolstered by CF…

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CME Group Launched Micro-sized Bitcoin and Ethereum Options

One of the largest derivatives trading platforms has indeed proceeded with releasing options on Micro Bitcoin and Micro Ether futures, as promised earlier this month. The company outlined the growing…

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BTC Futures Open Interest Continues to Rise Following Bitcoin ETF Listings Last Month

Bitcoin futures open interest continues to remain high after the launch of the first bitcoin exchange-traded fund (ETF) on October 22. While Binance commands $5.81 billion and leads the pack,…

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Google invests $1B in CME Group along with 10-year Cloud deal

CME Group chair and CEO Terry Duffy said the investment and partnership would help the company "transform derivatives markets through technology, expanding access and creating efficiencies for all market participants."

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Derivatives Exchange Giant CME Group Announces Micro Ethereum Futures Launch

On Tuesday, the world’s largest financial derivatives exchange, Chicago Mercantile Exchange (CME) Group, announced the upcoming launch of ethereum-based micro futures slated to be listed on December 6. The launch…

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BTC Futures Open Interest Soars Leading up to Bitcoin ETF’s Official Launch

Prior to the launch of the Proshares Bitcoin Strategy ETF (BITO), open interest in bitcoin futures products has been surging since the start of the month, according to data from…

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Matrixport Launches ‘BTC-U Range Sniper’ — Returns Up to 200% for Accurate Predictions

The financial asset services platform Matrixport has introduced a variety of new products since the firm raised $100 million in a Series C financing round during the first week of…

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Citi Awaits Regulatory Approval to Start Trading Bitcoin Futures on CME: Report

US multinational investment banking giant Citigroup is reportedly considering trading bitcoin futures, stating that it has witnessed an increased interest in BTC from its institutional clients. CME Looking to Trade…

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