CME Group Adds New Exchange to Bitcoin Index
CME Group has added China-based digital currency exchange OKCoin to its bitcoin pricing indexes, first announced in May. Created through a partnership with London-based Crypto Facilities, the CME CF Bitcoin Reference Rate and CME CF Bitcoin Real Time Index are scheduled to go into beta at the beginning of October, with a public beta to begin in November. Already included in the index are major digital currency exchanges including Bitfinex, Bitstamp, Coinbase, Genesis Global Trading, itBit and Kraken. In statements, OKCoin told CoinDesk the move reflects its increased focus on compliance....
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The New York Stock Exchange (NYSE) has today announced the launch of a bitcoin price index (NYXBT). NYXBT will represent the daily US dollar value of one bitcoin at 4pm (BST) and will be published on the NYSE Global Index Feed (GIF). For a limited period it will also be viewable on the NYSE's website. Thomas Farley, NYSE group president, said in a statement: "Bitcoin values are quickly becoming a data point that our customers want to follow as they consider transacting, trading or investing with this emerging asset class." He added: "As a global index leader and administrator of ICE LIBOR,....
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 Benchmarks are typically leveraged by exchange-traded products and other investment vehicles.
11 Crypto Assets Get Reference Rate Treatment From CME Group and CF Benchmarks
CME Group is adding 11 more cryptocurrencies to the firm’s existing bitcoin and ethereum reference rates. Crypto reference rates like the CME CF Reference Rates are often used as a benchmark for....
The FTX crypto exchange’s new index is called the Wall Street Bets Index. Following numerous headlines about the meteoric price rise of several assets, including GameStop (GME), AMC Entertainment (AMC) stocks, and Dogecoin (DOGE), crypto exchange FTX has listed an index following the assets. FTX named the index after Wall Street Bets — the Reddit group thought to be associated with pumping the prices of those assets. “We're happy to announce that we have launched trading for a basket of Wall Street Bets markets,” FTX said in a public statement on Thursday. The index trades as a futures....
Bitcoin derivatives exchange BitMEX has announced that from 5th January they will publish a 30 day bitcoin volatility index, measuring the cryptocurrency's volatility against the United States dollar, and that they will create a tradable financial instrument based on the index. Often known colloquially as a 'fear index', a volatility index provides a measure of how much the value of a currency or asset is fluctuating up and down during a given period of time. A similar index called the VIX is often used by stock market traders to gauge and hedge against risk, as well as for other trading....
A group of investors has offered to buy bankrupt Japan-based bitcoin exchange Mt. Gox, as part of a bid that will require the approval of its Japanese bankruptcy court. The investors are offering to pay 1 BTC for the troubled exchange, an amount which, at press time was worth $383, according to the CoinDesk Bitcoin Price Index (USD BPI). The Wall Street Journal reported that the investor group would assume all of Mt. Gox's liabilities and obligations. In documents submitted to the Japanese bankruptcy court, the group reportedly outlined plans to resuscitate Mt. Gox, which included....