CME Seeks to Double Monthly Bitcoin Futures Trading Limit to 10K BTC

The Chicago Mercantile Exchange (CME Group) wants to let futures traders make even bigger bets on bitcoin. CME announced its intention to increase in the so-called spot month position limit for its bitcoin futures contracts in a letter to the U.S. Commodity Futures Trading Commission (CFTC) Thursday. The limit would jump from 1,000 contracts per month to 2,000 for any single investor. Since each contract is for five bitcoin, the change means a trader’s maximum exposure would double from 5,000 bitcoin (worth about $50 million at current prices) to 2,000…

‘We Are the Most Interested Party’ in XRP’s Success

Ripple’s CEO Brad Garlinghouse rejects accusations that his company manipulates XRP price in an interview today with CNN anchor Julia Chatterley.  On Sept. 12, CNN’s Julia Chatterley started the interview with Ripple’s CEO Brad Garlinghouse by saying that CNN has been looking at ways cryptocurrencies can be a force for good, before progressing to discussion of whether Ripple is actively dumping XRP on the market, as some in the XRP community have alleged.  XRP community is threatening a ‘takeover’ The First Move anchor Chatterley asked the Ripple’s CEO about the…

Major Coins Report Mixed Signals, ETC Sees Modest Gains Following Hard Fork

Thursday, Sept. 12 — Cryptocurrency markets are reporting mixed signals today after Bitcoin (BTC) stuck above $10,000 as it was earlier today, according to data from Coin360. Market visualization. Source: Coin360 BTC is up 2.19% over the past 24 hours and is trading at around $10,302 at press time. The leading coin has seen slight volatility during the day, having dropped to as low as $10,056, while the intraday high was $10,393. Bitcoin seven-day price chart. Source: Coin360 As Christopher Inks of TexasWest Capital said in an interview with Cointelegraph…

Tether Mints 300M USDT in Chain Swap, Corresponding Burn Still Awaits

The operator of leading stablecoin USDT, Tether, minted 300 million USDT in a swap from the Bitcoin-based (BTC) tokenization protocol Omni to Ethereum, but the corresponding burn has not yet taken place. Whale Alert, a twitter account dedicated to reporting big cryptocurrency transactions, pointed out the coinage described above in a tweet published on Sept. 12. In a second tweet submitted as an answer to the first one, Whale Alert gave an explanation of the nature of the transaction: “This USDT mint is part of a swap. The corresponding burn…

Blockchain Devices Market to Grow to $1.285 Billion by 2024

The blockchain devices market is expected to grow by 42.5% at a compound annual growth rate (CAGR) by 2024, according to a recent research by intelligence and market research platform MarketsandMarkets. On Sept. 12, MarketsandMarkets released a report dubbed “Blockchain Devices Market by Type (Blockchain Smartphones, Crypto Hardware Wallets, Crypto ATMs, POS Devices, & Others), Connectivity (Wired & Wireless), Application (Personal & Corporate), and Geography – Global Forecast to 2024.” The company suggested that the blockchain devices market will see a 42.5% CAGR in coming years, to reach $1,285 million…

PR: Sportsbet.io and Watford FC Drive Bitcoin Awareness

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Thursday, September 12th – The Bitcoin logo (₿) will appear on the shirt sleeve of Premier League football club Watford this season, as part of an educational drive led by the innovative sports betting brand Sportsbet.io. The logo is part of a wider campaign to improve awareness around Bitcoin and educate the public…

Developer Reveals Token Reward Platform Fueled by Bitcoin Cash

There’s a new crypto platform called Honeypoints that just released for beta testing on Apple’s Testflight. The digital currency application created by two former Bitcoin.com employees aims to fuel merchant adoption with loyalty rewards. The Honeypoints app is meant to stimulate retail acceptance by rewarding customers with unique crypto tokens when they make a purchase or show loyalty. Also Read: SLP Developers Publish Specs for a Unique Type of Non-Fungible Tokens Honeypoints: An SLP Token Reward Platform Built on the Bitcoin Cash Network Last week at the Try Swift conference…

Binance.US to Open Deposits in One Week – CCN.com

Cryptocurrency exchange Binance set to launch U.S. operations imminently. | Source: REUTERS / Darrin Zammit Lupi Binance.US has announced that it will begin processing account registration applications and accepting cryptocurrency deposits from Sep. 18 at 8 am EDT. After users have signed up and selected their desired tier of verification, they will be able to deposit bitcoin (BTC), ethereum, (ETH), ripple (XRP), bitcoin cash (BCH), litecoin (LTC), and tether (USDT) to their wallets. The exchange also states that it will provide an update detailing when specific pairings will begin trading…

Ethereum Classic Successfully Implements Atlantis Hard Fork

The team behind Ethereum Classic (ETC) has activated the Atlantis hard fork aimed at the improvement of the altcoin’s functionality and compatibility with Ethereum (ETH). The news was announced in a Twitter post by ETC Director of Developer Relations, Yaz Khoury on Sept 12. Khoury congratulated the project with the development, saying: “Congratulations @eth_classic on the successful activation of the Atlantis Hardfork! Was one of the longest debates to reach consensus along with a lot of the immutability politics Learned a lot about the beauty of decentralization and a distributed…

Crypto Brokerage Tagomi Makes Shorting Bitcoin and Ether Easier

New York-based cryptocurrency brokerage and trading platform Tagomi allows its users to lend or borrow Bitcoin (BTC) and Ether (ETH) to facilitate long or short trades. Bloomberg Quint reported on Sept. 12 that the exchange aims to make shorting easier by offering immediate access to multiple counterparties from a single platform. The state of shoring in crypto Per the report, to short crypto assets, traders currently have to “call a host of brokers and trading desks to find the best rates for borrowing and risk the market moving against them…