Polygon [MATIC]: A 15% potential rally is likely if this support is secured
Galaxy Digital’s Mike Novogratz Says Institutions Waiting for Key Indicator To Flash Before Eyeing Crypto
Bitcoin Difficulty Surges 4.68%, Taps New All-Time High; Metric Set to Surpass 40 Trillion
NFT Collection A.N.I.M.O Price, Stats, and Review
Panama's Supreme Court to rule on cryptocurrency legislation
Analyst Benjamin Cowen Predicts ‘Long Year’ for Bitcoin (BTC) – Here’s What He Means
Market Strategist Warns of ‘Blood’ on February 1 Ahead of Fed Meeting
OpenSea sees a spike in Ethereum-based NFT sales, thanks to these factors
Can The Next Recovery Cycle Push Ethereum Price To $2300?
Pro: the recent rally in Bitcoin may not be ‘sustainable’
Long bets on Dogecoin go up by 6%- Musk’s ‘McDoge’ stance responsible?
North Korean hackers launder $27M ETH from Harmony Bridge attack
Opinion: 2023 Is Already Looking Like Another 2019 for Bitcoin
NFT Collection Bricktopians by Law Degree Price, Stats, and Review
BestChange Celebrates 15 Years of Connecting Traders to Over 200 Trusted Cryptocurrency Exchanges
Decoding reasons behind CAKE’s sluggish performance in last month
Bitcoin Price Analysis: Bulls Seek Momentum - 30 January 2023
Bitcoin Price Breaks Out Of Uncertainty; Is $25000 On The Horizon?
NFT Collection ExpansionPunks Price, Stats, and Review
Macro Guru Lyn Alden Predicts Bitcoin Rally Likely To Continue in Coming Months – But There’s a Big Catch
TRON’s quest for global adoption could get more impetus after this development
Nasdaq Partners with VanEck to Release ‘Regulated, Surveilled’ Digital Assets Products
Stock market giant Nasdaq and investment firm VanEck have announced a partnership to jointly launch a set of digital assets products.
The world’s second largest stock exchange Nasdaq and U.S. investment firm VanEck have announced a partnership to jointly launch a set of “transparent, regulated and surveilled” digital assets products. VanEck’s director of digital asset strategy Gabor Gurbacs tweeted the news Nov. 27.
Gurbacs revealed the partnership at the Consensus:Invest crypto conference in New York City. The announcement echoes yesterday’s report from Bloomberg, citing “two people familiar with the matter,” that Nasdaq would be rolling out a Bitcoin (BTC) futures contract as early as Q1 ‘19.
Gurbacs indicated in his tweet that the new products would harness Nasdaq’s SMARTS Market Surveillance system, alongside VanEck’s MVIS digital asset pricing indices.
SMARTS is a cross-market, cross-asset, multi-venue surveillance tool that correlates real-time and historical data with detection patterns to trace illegal market activities such as spoofing and wash trading.
As of press time, it has not been confirmed whether the BTC futures contract will be cash-backed, or physically settled (i.e. with returns paid out in BTC rather than fiat currency).
As reported, VanEck is currently awaiting a final decision from securities regulators on its joint proposal for a physically-backed Bitcoin exchange-traded fund (ETF) together with blockchain software and financial services firm SolidX.
After a rejection by the U.S. Securities and Exchange Commission (SEC) in March 2017, the proposal was re-submitted for listing on CBOE’s BZX Equities Exchange this June. Its fate is still pending since the SEC postponed its decision this August.
While cash-settled Bitcoin futures contracts came to market as early as December 2017, the first physically-delivered Bitcoin futures are targeted for launch in January 2019 on Bakkt, the digital assets platform created by New York Stock Exchange (NYSE) operator, the Intercontinental Exchange (ICE).
