Tags : CME

Blockchain

Valid Points: How CME Ether Futures Work and Why They

Trading in ether futures went live on the Chicago Mercantile Exchange (CME) late last Sunday with the February contract registering an opening price of $1,669.75.  In less than two weeks, the open price of the February contract has jumped 5% to $1747.75 as ether spot prices have continued to climb upwards of $1,700. In terms […]Read More

Market

CME Ethereum Futures, Explained – CoinDesk

Investors can now attempt to profit from the future price movements of Ethereum’s main crypto token, ether (ETH), on the Chicago Mercantile Exchange (CME).  On Feb. 8, ether futures went live on the CME – the world’s largest derivatives exchange – 53 days after the first official plans were announced. What is futures trading? A futures […]Read More

Market

Market Wrap: Bitcoin Hits Record $48.2K as CME Ether Futures

Bitcoin and ether surpassed Monday’s price records. In ether’s case, CME’s futures launch has given the asset more credibility than ever before. Bitcoin (BTC) trading around $47,174 as of 21:15 UTC (4:15 p.m. ET). Gaining 7.1% over the previous 24 hours. Bitcoin’s 24-hour range: $43,948-$48,226 (CoinDesk 20) BTC well above the 10-hour and the 50-hour […]Read More

Market

Ethereum Futures Are Now Trading on CME

The Chicago Mercantile Exchange (CME) has launched its much-anticipated futures contracts for ether – the native cryptocurrency of the Ethereum blockchain network. Announced in mid-December, trading in ether futures went live late Sunday, with the February contract registering an opening price of $1,669.75. At the time, the spot price stood at around $1,600. The Chicago-based […]Read More

Market

Ether Tops $1.7K, Setting New Record as CME Futures Launch

Ether’s bull run continues with prices topping the $1,700 mark to set new all-time highs. At the current price of $1,717, the native token of Ethereum’s blockchain is up 5% on a 24-hour basis, according to CoinDesk 20 data. The cryptocurrency has gained 30% so far this week. Trader and analyst Alex Kruger foresees a […]Read More