Bitcoin

2024 - 5 - 16

Bitcoin Buzz: CME Group to Shake Up Market with Spot Trading

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Find out how CME Group's plan to launch spot Bitcoin trading is stirring up the market! ๐Ÿš€ #Bitcoin #CryptoNews

Bitcoin enthusiasts are abuzz with excitement as reports surface about CME Group's plans to introduce spot trading for the popular cryptocurrency. The move is seen as a significant step towards mainstream adoption of Bitcoin, with the world's largest futures exchange paving the way for more institutional investment in the digital asset. With Bitcoin's price hitting new highs, reaching $66,190 and experiencing a surge of over 7.5% in the past 24 hours, the timing couldn't be more perfect for CME's disruptive entry into the market.

As institutional interest in Bitcoin grows, hedge funds like Millennium Management are making substantial bets on Bitcoin ETFs, indicating confidence in the cryptocurrency's long-term potential. The prospect of regulated spot trading on CME is expected to attract more major players and traders, further solidifying Bitcoin's position in the financial landscape.

In a surprising turn of events, leaked information suggests that a perfect storm may be brewing for Bitcoin, with a massive influx of cash waiting on the sidelines. This revelation has sparked optimism among bullish Bitcoin investors, foreseeing a bullish trajectory for the cryptocurrency's price in the near future.

Amidst changing market dynamics and evolving geopolitical tensions, the future of Bitcoin remains uncertain yet exciting. As CME Group gears up to shake up the market with its spot trading launch, all eyes are on how this development will impact Bitcoin's value and its place in the global economy.

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Image courtesy of "Investopedia"

Bitcoin in Focus As CME Reportedly Plans to Offer Spot Trading in ... (Investopedia)

Bitcoin is in focus Thursday morning after a report that futures exchange CME Group plans to offer spot trading in the legacy cryptocurrency.

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Image courtesy of "Livemint"

Bitcoin ETFs drew bets from Millennium Mgt, Wisconsin Retirement ... (Livemint)

(Corrects company name to Millennium Mgt in headline). By Suzanne McGee and Hannah Lang. May 15 (Reuters) - A handful of hedge funds, including Millennium ...

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Image courtesy of "Coindesk"

First Mover Americas: Bitcoin Tops $66K as Interest-Rate Cuts Loom (Coindesk)

The latest price moves in crypto markets in context for May 16, 2024.

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Image courtesy of "Coindesk"

Coinbase Shares Sink 9% on Report CME to Consider Listing Spot ... (Coindesk)

The drop came after a report from the Financial Times that futures exchange CME was considering offering spot bitcoin trading to its clients.

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Image courtesy of "Yahoo Finance"

Bitcoin Price Surges Following Lower-Than-Expected CPI Data ... (Yahoo Finance)

Bitcoin (BTC) experienced a rally, reaching $66190 and gaining over 7.5% in the past 24 hours.

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Image courtesy of "Quartz"

Spot Bitcoin trading will be available on the Chicago Mercantile ... (Quartz)

Chicago Mercantile Exchange (CME) Group, the world's largest futures exchange, will soon offer spot Bitcoin trading as crypto is becoming mainstream and ...

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Image courtesy of "Forbes"

Leak Reveals An ETF Perfect Storm Could Be Heading Toward ... (Forbes)

Ahead of the key inflation data, one bullish bitcoin investor predicted there's "$6 trillion in cash on the sidelines" that could power the bitcoin price to ...

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Image courtesy of "Blockworks"

Empire Newsletter: Taking stock of who's buying which bitcoin ETF (Blockworks)

Millennium Management disclosed a huge position in BlackRock's bitcoin ETF on yesterday's 13F filing deadline.

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Image courtesy of "OilPrice.com"

CME To Shake Up Bitcoin Market with Spot Trading Launch (OilPrice.com)

CME's plan to offer spot bitcoin trading provides a regulated venue for institutional investors, attracting major hedge funds and traders seeking a ...

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Image courtesy of "Coindesk"

Bitcoin Traders Expect Prices to Hit $74K Highs as Selling Pressure ... (Coindesk)

One trading desk has seen an uptick in call buying activity with targets of as high as $120000 for December 2024.

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Image courtesy of "Forbes"

How Would A Resurgent US-China Trade War Affect Bitcoin Prices? (Forbes)

The US-China trade war will likely continue with either a new Trump administration or a continued Biden Administration. What could that mean for Bitcoin ...

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Image courtesy of "Wisconsin Public Radio News"

Wisconsin pension fund now includes bitcoin (Wisconsin Public Radio News)

State of Wisconsin Investment Board purchased more than $160M in shares of Bitcoin exchange traded funds between January and April. By Rich Kremer.

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Image courtesy of "Coindesk"

CME Looks to Take On Binance and Coinbase, Could Launch Spot ... (Coindesk)

The CME is already the top bitcoin futures exchange by open interest, while the offshore, non-regulated Binance dominates the spot market.

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Image courtesy of "Cointelegraph"

Over 600 firms reveal billions in combined investment in Bitcoin ETFs (Cointelegraph)

Despite the recent drop in inflows, hundreds of financial institutions have revealed billions of dollars invested in spot BTC ETFs.

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Image courtesy of "DL News"

CME plan to offer spot Bitcoin trading opens 'world of opportunity' for ... (DL News)

CME Group is planning to offer spot Bitcoin trading on its futures exchange, according to a report.

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Image courtesy of "Coindesk"

Bitcoin Mining Cost Drops to $45K as Inefficient Miners Exit: JPMorgan (Coindesk)

The bank sees limited upside for the bitcoin price in the near term due to a number of headwinds.

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Image courtesy of "Bitcoin News"

Bitcoin Miners Face Significantly Reduced Earnings in May Despite ... (Bitcoin News)

According to the seven-day simple moving average (SMA) statistics regarding Bitcoin's hashrate, the network hashrate has stayed below the 600 exahash per ...

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Image courtesy of "The Block - Crypto News"

JPMorgan revises bitcoin production cost estimate to $45000 (The Block - Crypto News)

JPMorgan has revised its central estimate of bitcoin production cost to $45000 from the previous $42000 projection.

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Image courtesy of "BNN"

Millennium, Point72 and Citadel Are Among Buyers of Bitcoin ETFs ... (BNN)

(Bloomberg) -- When it comes to Bitcoin ETFs, it's not just the retail trading crowd that's taking the plunge. It's now clear that hedge funds, ...

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Image courtesy of "Bitcoin News"

Millennium Management and Morgan Stanley Report Significant ... (Bitcoin News)

Millennium Management, a highly successful hedge fund, holds nearly $2 billion in spot bitcoin exchange-traded fund (ETF) shares.

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Image courtesy of "Yahoo Finance"

As a Pension Embraces Bitcoin, Hope Grows for Cryptocurrency's ... (Yahoo Finance)

Spot bitcoin exchange-traded funds debuted with a giant splash in January, quickly attracting billions of dollars of investment. But who was buying them and ...

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Image courtesy of "Yahoo Finance"

Coinbase Shares Sink 9% on Report CME to Consider Listing Spot ... (Yahoo Finance)

The drop came after a report from the Financial Times that futures exchange CME was considering offering spot bitcoin trading to its clients. Shares of Coinbase ...

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Image courtesy of "CryptoSlate"

Jaffe Tilchin and 4 other firms disclose spot Bitcoin ETF investments ... (CryptoSlate)

Jaffe Tilchin Investment Partners was one of several firms that disclosed investments in spot Bitcoin ETFs on May 16.

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Bitcoin crypto price news today Elliott Wave technical analysis [Video] (FXStreet)

Bitcoin/ U.S. dollar(BTCUSD). BTC/USD Elliott Wave technical analysis. Function: Counter Trend. Mode: Corrective. Structure: Flat. Position: Wave ((C)) ...

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Image courtesy of "The Australian Financial Review"

Bitcoin: Millennium, Point72 and Elliott are among bitcoin ETF buyers (The Australian Financial Review)

When it comes to bitcoin ETFs, it's not just the retail trading crowd that's taking the plunge. It's now clear that hedge funds, pension funds and banks ...

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Image courtesy of "Yahoo Finance"

Over 600 Financial Institutions Reveal Billions Invested in US Spot ... (Yahoo Finance)

More than 600 firms have unveiled substantial investments in spot Bitcoin exchange-traded funds (ETFs) in their 13F filings.

CME to launch bitcoin trading for hedge funds and institutions ... (HedgeWeek)

The world's largest futures exchange CME Group is aiming to capitalise on this year's surge in money managers' demand for cryptocurrency exposure with the ...

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Image courtesy of "Bitcoin Magazine"

$1.5 Trillion Wall Street Giant Morgan Stanley Buys Bitcoin ETF ... (Bitcoin Magazine)

trillion AUM financial giant Morgan Stanley discloses $270 million investment in spot Bitcoin ETFs, positioning itself among major institutional holders.

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Image courtesy of "Coindesk"

First Mover Americas: Bitcoin Regains $66K Following Bullish ETF ... (Coindesk)

The latest price moves in crypto markets in context for May 17, 2024.

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Image courtesy of "Forbes"

Bitcoin Remains Above $65kโ€”What's Next For The Cryptocurrency? (Forbes)

The world's largest digital currency by total market capitalization was trading above $65,000 at the time of this writing, according to CoinMarketCap data. The ...

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Image courtesy of "Coindesk"

Internet Computer-Based 'Bitfinity EVM' Launches as Bitcoin L2 ... (Coindesk)

The Bitfinity EVM is designed to allow developers to Bitcoin-based Solidity smart contracts, allowing them to transfer BTC and Runes.

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Image courtesy of "Finbold"

Sell Alert: Bitcoin faces imminent correction (Finbold)

The ongoing Bitcoin rally, though weeks in the making, may already be nearing its end according to this crypto expert.

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Image courtesy of "Livemint"

Bitcoin soars to $66000 level, market cap hits $1.309 trillion; where ... (Livemint)

Looking ahead, the long-term prospects for Bitcoin remain tied to its fundamentals, including its limited supply and growing adoption as a store of value ...

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Image courtesy of "S&P Global"

Bitcoin mining energy consumption rebounds from a post-halving ... (S&P Global)

Finland's 1.6 GW OL3 comes back online Norway's hydro stocks rise 17% on week Strong solar brings Spanish Capture Prices near Eur0/MWh S&P Global Commodity ...

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Image courtesy of "Coindesk"

Morgan Stanley Latest Bank to Disclose Spot Bitcoin ETF Holdings ... (Coindesk)

The Wall Street giant held roughly $270 million worth of Grayscale's Bitcoin Trust as of the end of March, according to a filing.

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Bitcoin Rises Above $67K, but Lags Broader Crypto Market as ETH ... (Coindesk)

Softer U.S. inflation figures and big institutional interest in the spot bitcoin ETFs helped turn sentiment around.

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What happens when all 21 million bitcoin are mined in the year 2140? (CNBCAfrica.com)

Bitcoin has a finite supply. It is one of the cryptocurrency's characteristics that proponents like. Estimates suggest that all 21 million bitcoin will be ...

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Image courtesy of "The Cryptonomist"

Bitcoin: ATM crypto in crescita da dieci mesi (The Cryptonomist)

The crypto ATMs, which allow you to buy Bitcoin by paying in cash with physical banknotes, have been steadily growing for ten months.

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