Oil hits highest in nearly two weeks on Asian equity recovery
Amazon Juices Visa Card At Whole Foods
Uber CEO's Asia trip underscores its persistent global ambitions
Bitcoin hits new record after plans to offer futures
01 November 2017, 12:39 | Lionel James
Bitcoin Price Surges to New High of over $6500
Derivatives marketplace operator CME Group has announced plans to launch a bitcoinfutures product in the fourth quarter of this year.
On the USA -based Bitfinex exchange, rose to $6368.5, up $234.1, or 3.28% after hitting an all-time high of $6450.
The availability of bitcoin futures contracts is expected to introduce a wave of Wall Street capital into the crypto markets, increasing liquidity and - presumably - ratcheting up the bitcoin price. The move higher in bitcoin gold comes three-days after it slumped to an all-time low of $87.2.
The new futures contracts will be settled in cash, based on the CME "CF Bitcoin Reference Rate", a once-a-day reference rate of the US dollar price of bitcoin, the company said. LedgerX launched bitcoin derivatives earlier this month and has already experienced higher-than-expected volumes.
The CME Group, which operates some of the largest exchanges in New York, Chicago, and London, said its decision is pending regulatory review.
Some sellers of exchange-traded funds have also filed for bitcoin ETFs that track bitcoin futures. The announcement is a boon for upcoming ICOs as it thrusts cryptocurrencies further into the spotlight on a global platform that is regulated by the Commodities Futures Trading Commission (CFTC). CBOE is working with Gemini Trust, the digital currency exchange founded by brothers Cameron and Tyler Winklevoss, on using Gemini's market data to create bitcoin derivatives and indexes. At the press time Bitcoin is trading at $6353.24 level, according to the CoinMarketCap.
NASA releases spooky "sounds" of "howling" space
According to Nasa's creepy space music playlist , the eeriest sounds appear to be coming from Jupiter and its various giant moons. The content of the spooky audio files comes from the radio emissions produced by planets, plasma waves , and a comet.
Australian Govt loses majority after court ruling
It's expected he will win after his main challenger, former independent MP Tony Windsor, announced he would not be running. The deputy prime minister is the main casualty, after being found to have held dual citizenship when he ran for election.
Monster Hunter World beta dates detailed by Capcom
Littered with the skeletons of deceased monsters, a land of unique and big creatures awaits amongst this bed of bones. The full armor set will make any player character look like Aloy from head to toe, including facial likeness.
Sprint and T-Mobile merger has reportedly been dropped
Or, Softbank could be hoping to revisit a potential merger should the carrier market change in a favorable way down the road. SoftBank is expected to approach T-Mobile owner Deutsche Telekom as early as Tuesday to propose ending the negotiations.