Examples of using Bitcoin futures contract in English and their translations into Vietnamese
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CME bitcoin futures contract to be launched Sunday.
Let's have a closer look at what is a bitcoin futures contract and how to capitalize on it.
Cboe's bitcoin futures contract had a relatively smooth first week of trading, although volume was on the light side.
The website of CBOE became unavailable just as the bitcoin futures contract was launched.
The first CBOE bitcoin futures contract was settled today.
Close to the settlement date the price of Bitcoin, along with the price of the Bitcoin futures contract, would have dropped.
CBOE trading saw the Bitcoin futures contract expiring in January rise 17% from $15,000 to above $18,000.
By anticipating whether the price of Bitcoin will go up or down,speculators will either go long or short on a Bitcoin futures contract.
Notable places that offer bitcoin futures contract are the Chicago Board Options Exchange, or CBOE, and financial market CME Group.
By preparing for whether the rate of Bitcoin will increase or decrease,traders will either go long or go short on a Bitcoin futures contract.
Notably, CME Grouplast week announced plans to launch a bitcoin futures contract, aiming to have the product available by the end of the year.
A Bitcoin futures contract is an agreement between two parties to a transaction that buys or sells BTC at a predetermined price at a future date.
By anticipating whether the price of Bitcoin will go up or down,speculators will either go long or short on a Bitcoin futures contract.
CME Group specified that one Bitcoin futures contract will represent 5 BTC quoted in U.S. dollars, with a block minimum of five contracts. .
By preparing for whether the rate of Bitcoin will increase or decrease,traders will either go long or go short on a Bitcoin futures contract.
And by the time Cboe's first bitcoin futures contract expired in January, Crypto Facilities' XRP futures had almost doubled in volume to $24.6 million.
Even more big investors are looking at the space after the Chicago Mercantile Exchangeannounced last week that it would launch a Bitcoin futures contract in the next few months.
Secondly, the Bitcoin futures contract has long been of interest to investors as a tool that is practically unrelated to a traditional currency, securities and industry.
Intercontinental Exchange(ICE), the owner of the New York Stock Exchange(NYSE),will list its highly-anticipated bitcoin futures contract in less than two months, on December 12.
As the provider of the first physically settled bitcoin futures contract in the global market, Bakkt has been described as one of the only few platforms that could have a direct impact on the price of BTC.
Some experts have predicted that adoption of Bitcoin ETFs will bea“way bigger deal” than a cash settlement Bitcoin futures contract, and hence will be a bigger basis for the growth of crypto markets.
At launch, our new Bitcoin futures contract will be subject to a variety of risk management tools, including an initial margin of 35 percent, position and intraday price limits, and a number of other risk and credit controls that CME Group offers on all of its products.”.
Sui Chung, CEO of CF Benchmarks-which notably provides the indices used by CME Group for its bitcoin futures contract- told CoinDesk that this marks a first for cryptocurrency companies in the EU.
As reported earlier this week, VanEck has just announced a partnership with the world's second largest stock exchange Nasdaq to jointly launch a set of“transparent, regulated and surveilled” digital assets products,starting with a Bitcoin futures contract, slated for as early as Q1 2019.
Chrisinat's interview did not confirm whether Nasdaq's Bitcoin futures contract will be cash-backed, or physically settled(i.e. with returns paid out in BTC rather than fiat currency).
Last month, crypto analyst and host of CNBC's show Cryptotrader Ran Neuner claimed that a Bitcoin ETF isa“way bigger deal” than a cash settlement Bitcoin futures contract, since it“requires actual purchase of BTC.”.
At the time,the exchange also noted it would offer a one-day bitcoin futures contract, meaning clients can cash their futures products out to receive bitcoin, rather than cash.
According to a filing with the U.S. Securities and Exchange Commission(SEC), Stone Ridge is looking toregister the NYDIG Bitcoin Strategy Fund, a bitcoin futures contract offering that would be entering into an increasingly crowded space.
For instance, someone who is majorly invested in the idea of bitcoin as a currency and needs, say 100 bitcoin to get through a six month period,can buy a bitcoin futures contract in order to hedge against the possible increase or decrease in the price of bitcoin, effectively minimizing their potential losses.