Bitcoin Pioneer Says New Coin to Work on Multiple Blockchains

Bitcoin pioneer says new coin to work on multiple blockchains

  • For example, coins that are used for applications on the Ethereum blockchain will be able to move to Ethereum Classic before jumping onto Qtum or Rootstock, which connects with the bitcoin blockchain, said Garzik.
  • Read more on usage of tokens after initial coin offerings – – New blockchains are also being launched every month, creating uncertainty for investors and leading to wild swings in many cryptocurrencies’ prices.
  • Read more on the pace of initial coin offerings – – Metronome sidesteps a problem that’s common for consumers that want to jump from one blockchain — say, bitcoin — to another.
  • Metronome owners will be able to receive a digital receipt for removing their coins from one blockchain.
  • Read Bitcoin Pioneer Says New Coin to Work on Multiple Blockchains on bloomberg.com

Jeff Garzik, one of a handful of key developers who helped build the underlying software for bitcoin that is known as blockchain, has seen its shortcomings firsthand. So he decided to create a better digital …
Continue reading “Bitcoin Pioneer Says New Coin to Work on Multiple Blockchains”

CBOE plans to launch bitcoin futures, announces agreement with Winklevoss brothers’ digital currency exchange

CBOE plans to launch bitcoin futures 
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Bitcoin is dead! Wait, what?...
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  • The Chicago Board Options Exchange, the largest U.S. options exchange, is planning to launch its own bitcoin derivatives trading products by early next year.
  • Pending review from the U.S. Commodity Futures Trading Commission, the CBOE Futures Exchange (CFE) plans to offer cash-settled bitcoin futures in the fourth quarter of this year or sometime in early 2018, according to a Tuesday announcement.
  • The CFTC told CNBC in a statement that, “to date, the Commission has not received a filing for a bitcoin futures contract from the CFE.”
  • Designated contract markets like CFE do not necessarily need prior approval from the CFTC in order to list a product for trading, according to the commission’s website.
  • The news was part of a bigger announcement Tuesday that CBOE Holdings and Gemini Trust, the digital currency exchange founded by brothers Cameron and Tyler Winklevoss, have entered a multiyear exclusive global licensing agreement allowing CBOE and its affiliates to use Gemini’s market data in creating bitcoin derivatives and indexes.

CBOE Holdings and Gemini Trust announced a multiyear agreement for the Chicago Board Options Exchange and its affiliates to use Gemini’s bitcoin data.
Continue reading “CBOE plans to launch bitcoin futures, announces agreement with Winklevoss brothers’ digital currency exchange”

CBOE plans to launch bitcoin futures, announces agreement with Winklevoss brothers’ digital currency exchange

  • The Chicago Board Options Exchange, the largest U.S. options exchange, is planning to launch its own bitcoin derivatives trading products by early next year.
  • Pending review from the U.S. Commodity Futures Trading Commission, the CBOE Futures Exchange plans to offer cash-settled bitcoin futures in the fourth quarter of this year or sometime in early 2018, according to a Tuesday release.
  • “We’ve really come to the conclusion recently that cryptocurrencies are here to stay,” John Deters, chief strategy officer of CBOE parent CBOE Holdings, told CNBC in a phone interview.
  • Deters said the bitcoin futures, once reviewed, will be available to both institutional and retail investors.
  • The news was part of a bigger announcement Tuesday that CBOE Holdings and Gemini Trust, the digital currency exchange founded by brothers Cameron and Tyler Winklevoss, have entered a multiyear exclusive global licensing agreement allowing CBOE and its affiliates to use Gemini’s market data in creating bitcoin derivatives and indexes.

CBOE Holdings and Gemini Trust announced a multiyear agreement for the Chicago Board Options Exchange and its affiliates to use Gemini’s bitcoin data.
Continue reading “CBOE plans to launch bitcoin futures, announces agreement with Winklevoss brothers’ digital currency exchange”

CBOE plans to launch bitcoin futures, announces agreement with Winklevoss brothers’ digital currency exchange

  • The Chicago Board Options Exchange, the largest U.S. options exchange, is planning to launch its own bitcoin derivatives trading products by early next year.
  • Pending review from the U.S. Commodity Futures Trading Commission, the CBOE Futures Exchange plans to offer cash-settled bitcoin futures in the fourth quarter of this year or sometime in early 2018, according to a Tuesday release.
  • “We’ve really come to the conclusion recently that cryptocurrencies are here to stay,” John Deters, chief strategy officer of CBOE parent CBOE Holdings, told CNBC in a phone interview.
  • Deters said the bitcoin futures, once reviewed, will be available to both institutional and retail investors.
  • The news was part of a bigger announcement Tuesday that CBOE Holdings and Gemini Trust, the digital currency exchange founded by brothers Cameron and Tyler Winklevoss, have entered a multiyear exclusive global licensing agreement allowing CBOE and its affiliates to use Gemini’s market data in creating bitcoin derivatives and indexes.

CBOE Holdings and Gemini Trust announced a multiyear agreement for the Chicago Board Options Exchange and its affiliates to use Gemini’s bitcoin data.
Continue reading “CBOE plans to launch bitcoin futures, announces agreement with Winklevoss brothers’ digital currency exchange”

CBOE plans to launch bitcoin futures, announces agreement with Winklevoss brothers’ digital currency exchange

  • The Chicago Board Options Exchange, the largest U.S. options exchange, is planning to launch its own bitcoin derivatives trading products by early next year.
  • Pending review from the U.S. Commodity Futures Trading Commission, the CBOE Futures Exchange plans to offer cash-settled bitcoin futures in the fourth quarter of this year or sometime in early 2018, according to a Tuesday release.
  • “We’ve really come to the conclusion recently that cryptocurrencies are here to stay,” John Deters, chief strategy officer of CBOE parent CBOE Holdings, told CNBC in a phone interview.
  • Deters said the bitcoin futures, once reviewed, will be available to both institutional and retail investors.
  • The news was part of a bigger announcement Tuesday that CBOE Holdings and Gemini Trust, the digital currency exchange founded by brothers Cameron and Tyler Winklevoss, have entered a multiyear exclusive global licensing agreement allowing CBOE and its affiliates to use Gemini’s market data in creating bitcoin derivatives and indexes.

CBOE Holdings and Gemini Trust announced a multiyear agreement for the Chicago Board Options Exchange and its affiliates to use Gemini’s bitcoin data.
Continue reading “CBOE plans to launch bitcoin futures, announces agreement with Winklevoss brothers’ digital currency exchange”