Asset Manager WisdomTree Hopes to Launch a Stablecoin in the US

Asset manager WisdomTree intends to launch a regulated stablecoin in the United States, financial news outlet FNLondon reported on Jan. 13. Per the report, WisdomTree is looking to deploy a digital currency backed to a basket of assets such as gold, fiat currencies or government debt. The firm also intends to obtain approval by the U.S. Securities and Exchange Commission (SEC) for its project. The news follows a recent announcement that WisdomTree invested in a startup called Securrency Inc., one of the top institutional-grade blockchain builders in the financial and…

MARKETS DAILY: China Moving Closer to Digital Yuan Launch

Whether you’re a first time listener or you’ve heard every episode, we’d like to know what you think about the show. What do you like? What you don’t like? What you think we’ve totally missed but should be talking about every day or at least every week? Disclosure Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and…

QAN Set to Launch as First IEO on Bitbay

QAN, the first quantum-resistant smart contract platform, is set to launch as the first initial exchange offering (IEO) on Bitbay, as announced on BitcoinTalk. The European exchange is offering participants the opportunity to buy QARK tokens using fiat currencies. The sale will commence on January 20 and take place in three pools, with a tiered pricing structure to incentivize early participants. When the QAN token sale opens, participants will be able to participate using Euros, Polish zloty, US dollars, or British pounds as well as cryptocurrency. It’s an unusual step,…

Bitcoin Options Launch Imminent as CME Open Interest Hits 7-Month High

Bitcoin (BTC) futures traders generated at least $20 billion in daily volume last week as two new options products prepared to hit the market.  According to data released by futures provider CME Group on Jan. 9, its futures contracts alone saw open interest almost 70% higher than at the end of 2019. “Serious” volume precedes options debut Open interest was the among the highest ever last week, only noticeably lagging behind the peak seen at the end of June.  At the time, BTC/USD was circling its local highs of $13,800,…

Analyst Expects Altcoins to Suffer With Launch of Bitcoin Options: Here’s Why

At long last, the CME — one of the first regulated institutions to offer Bitcoin futures — will be launching options for its BTC futures contracts. The launch will be taking place on January 13th (today, as of the time of publishing this). Related Reading: Ripple CEO: These 3 Key Reasons Are Why XRP is Not a Security Due to the fact that the CME has been one of the most influential companies on this nascent market over the past few years, analysts have already begun speculating on what effect…

Analyst Expects Altcoins to Suffer With Launch of Bitcoin Options: Here’s Why

At long last, the CME — one of the first regulated institutions to offer Bitcoin futures — will be launching options for its BTC futures contracts. The launch will be taking place on January 13th (today, as of the time of publishing this). Related Reading: Ripple CEO: These 3 Key Reasons Are Why XRP is Not a Security Due to the fact that the CME has been one of the most influential companies on this nascent market over the past few years, analysts have already begun speculating on what effect…

Nets Player On Pace for Jan. 13 Tokenized Bond Launch

Spencer Dinwiddie of the NBA’s Brooklyn Nets will launch his tokenized security offering on Jan. 13, in collaboration with digital securities company Securitize, after reportedly settling terms with the NBA. “The Spencer Dinwiddie bond launches January 13th,” Dinwiddie said in a Jan. 10 tweet, adding, “I’ll also be taking 8 fans to ASW with me.” Securitize also showed its support of Dinwiddie, with a Jan. 10 tweet from its CEO. Carlos Domingo tweeted: “At @securitize we are extremely excited and proud to be the digital transfer agent and technology partner…

MARKETS DAILY: Basketball’s First Celebrity Token Shoots for Monday Launch

After years of discussion, Monday may mark the first time accredited investors can buy tokenized shares of a high-profile professional athlete’s contract. Markets Daily is back with the latest on the NBA’s Spencer Dinwiddie story and what it could mean for entertainers of all stripes. No time to listen? Scroll down for the complete episode transcript. More ways to Listen or Subscribe: This episode featured a sound effect provided by soundsilk.com. Adam B. Levine: On today’s episode, our news roundup, the first tokenized pro basketball player, and Fidelity’s 2019 bitcoin reflections.…

MARKETS DAILY: Basketball’s First Celebrity Token Shoots for Monday Launch

After years of discussion it looks like on Monday we’ll see our first high profile, professional athlete linked securitized token offering. Markets Daily is back with the story and what it could mean. No time to listen? scroll down for the complete episode transcript… More ways to Listen or Subscribe: This episode featured a sound effect provided by http://soundsilk.com Adam B. Levine: On today’s episode, our news roundup, the first tokenized pro basketball player, and Fidelity’s 2019 bitcoin reflections Adam: It’s JANUARY 10, 2020, and you’re listening to Markets Daily, I’m…

CME Set to Launch Bitcoin Futures Options on January 13

The United States Commodity Futures Trading Commission (CFTC) has previously allowed several crypto derivatives products to enter the market. In that context, the CME Group, which offers Bitcoin futures, plans to launch options on BTC futures on January 13, 2020. While responding to the growing interest in cryptos and customer demand for tools to manage Bitcoin exposure, CME decided to launch options on BTC futures. As we highlighted earlier, the firm officially confirmed this launch last November. All About Options CME has published a course on their site to teach…