First u.s. bitcoin futures to start trading next week

The first U.S. bitcoin futures will start trading next week, as dueling Chicago futures exchanges seek to cash in on surging investor interest in the digital currency. Cboe Global Markets Inc.’s. The 20% decline in bitcoin futures prevented subsequent trading below $12,, leading to minimal volume for about a minute period in the morning. Later in the day, the contract rebounded. Dec 04,  · U.S. investors clamoring for bitcoin will soon have a chance to begin trading futures on the digital currency as early as next week, according to The Wall Street Journal. Cboe Global.

First u.s. bitcoin futures to start trading next week

First U.S. Bitcoin Futures to Start Trading Next Week - WSJ

For traders. News and features Capital. Professional clients Institutional Economic calendar. Learn to trade. Commodities trading guide Forex trading guide Crypto trading guide Indices trading guide Trading strategies guide Trading psychology guide Glossary Courses. Why Capital. Our Global Offices Is Capital.

Get the app. Log In Trade Now. My account. First US bitcoin futures to start trading next week. Claire Hunte , 4 December News. Share Article. Easier to trade bitcoin Bitcoin futures would allow traders to buy in on rises and falls in the digital currency, similar to the way oil, corn or gold futures work.

Some institutional investors have expressed concern about a possible bubble, but others remain excited about the possibilities bitcoin has to offer. The move by the CFTC to allow bitcoin futures suggests a show of support for the digital currency, the Journal reports.

Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at or visit www. We've detected you are on Internet Explorer.

For the best Barrons. Google Firefox. Sign In. Text size. Investors continue to pour more money into cryptocurrency. Here's how well bitcoin performed in Bitcoin Performance: Bitcoin has surged in price and hit all-time highs in December. Related Link: 8 Stocks To Play Bitcoin's ResurgenceStock Performance: Many of the stocks associated with bitcoin have surged in , including miners and cryptocurrency trading platforms.

Benzinga does not provide investment advice. All rights reserved. What's next? Despite the novel coronavirus pandemic, was a strong year for stocks, and some new growth stocks in particular.

So where is the growth in likely to come from? Will these stocks continue to be all-stars or will other growth stocks steal the spotlight?

Others are betting on a continued shift of capital into cyclical stocks. But whatever happens not all growth stocks are created equal heading into But despite its relatively cheap valuation, shares of the beauty retailer that specializes in fragrances, cosmetics, skin care and nail care have been rising sharply in recent months.

Since Oct. Specifically, Coty reported a surprise profit for its fiscal first quarter, announced on Nov. The company posted adjusted earnings per share of 11 cents, compared to the 5 cents-per-share loss analysts had forecasted. Wall Street is now hopeful that Sue Nabi is taking Coty in the right direction after several failed turnaround attempts for the cosmetics company that has been in business since Professional basketball, baseball, football and hockey should welcome fans back to stadiums and resume their regular schedules.

And it all bodes well for sports betting operator Draftkings. Not only will most major sporting events resume as normal in the New Year, but there are growing expectations that more U. Analysts at Oppenheimer recently noted that many states face revenue shortfalls due to the Covid pandemic, and, as budget deficits swell, they may turn to sports betting as a new revenue source.

Oppenheimer expects New York, Massachusetts, Connecticut and Ohio to legalize sports betting in the coming year.

That would certainly help lift DKNG stock to new heights. And several companies are positioned to capitalize on the 5G revolution that is expected to take society into new technological realms. Qualcomm is one of the companies that will most likely reap rewards from 5G.

The semiconductor and software manufacturer is benefiting from the use of its microchips in various 5G wireless technologies and platforms. In particular, Qualcomm chips are being inserted into a growing number of 5G Android cell phones. And analysts see big things ahead for the stock.

Morgan Stanley named Qualcomm as one of 10 stocks best positioned to benefit from the global 5G roll out. Given the continued roll out and adoption of 5G networks and technologies around the world, the coming year looks very bright for Qualcomm and its shareholders.

This is the time for companies such as UPS to shine, and the Atlanta, Georgia-based company is doing just that. UPS is ramping up its operations and working double time to meet unprecedented demand and help all of us get through the global pandemic. Heading into , UPS has momentum on its side. The company saw strong gains in its third quarter earnings.

While UPS declined to provide forward guidance on its earnings, the company has aggressively expanded its North American operations throughout The company has also hired more than 5, employees amid the pandemic. As such, the company shows no signs of slowing down heading into the New Year. Joel Baglole has been a business journalist for 20 years.

Beijing is targeting the e-commerce giant and its co-founder. Regulators are likely to go after other companies too. American and Canadian governments provide many of the same types of services for those in retirement, but the subtle differences between the two countries are worth noting. Nouriel Roubini, aka Dr. Doom, slams Bitcoin and other cryptocurrencies as being driven by manipulation. Since then, its stock has taken a remarkable rise. Why is a bit of a mystery. A series of events — allegations of fraud committed by founder Trevor Milton, his subsequent resignation, a severely underwhelming deal with General Motors — have sent investors to the exit gates.

Now it looks like even the trash wants nothing to do with Nikola. On Wednesday, the company announced that its plan to design and build BEV garbage refuse trucks for waste collection company Republic Services has collapsed. The company has cited that the cost to build the trucks would be higher than expected and would take too long, after both sides concluded that building the refuse truck using the Nikola Tre as its base would not work.

Disclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment. Chinese authorities investigate an e-commerce giant, Google may be tightening its grip on research and VCs weigh in on the year's biggest surprises. China's State Administration for Market Regulation said that it's investigating the e-commerce giant over a policy that forces merchants to sell exclusively with Alibaba and skip rival platforms JD.

Affiliate Ant Group Co. Roughly million shares exchanged hands, the most for a single session since its debut. Alibaba said in a statement it will cooperate with regulators in their investigation, and that its operations remain normal.

Ant said in a statement on its official WeChat account it will study and comply with all requirements. As of early December, the man most closely identified with the meteoric rise of China Inc.

His very public rebuke is instead a warning Beijing has lost patience with the outsize power of its technology moguls, increasingly perceived as a threat to the political and financial stability President Xi Jinping prizes most.

Tencent and internet services giant Meituan finished more than 2. The regulations specifically warn against selling at below-cost to weed out rivals. The mouthpiece of the Communist Party said in a commentary Friday that Chinese internet companies should regard the inquiry into Alibaba as an opportunity to improve their awareness of fair competition and anti-monopoly practices. The chances that Ant will be able to revive its massive stock listing next year are looking increasingly slim as China overhauls rules governing the fintech industry, which in past years has boomed as an alternative to traditional state-backed lending.

China is said to have separately set up a joint task force to oversee Ant, led by the Financial Stability and Development Committee, a financial system regulator, along with various departments of the central bank and other regulators. The group is in regular contact with Ant to collect data and other materials, studying its restructuring as well as drafting other rules for the fintech industry.

What Happened: On Wednesday, Inovio published a paper including Phase 1 data on INO, which was found to have been immunogenic in all test subjects.

In addition, Phase 1 testing generated no serious adverse safety events and only six Grade I adverse events, which were mostly minor injection site reactions. Yet Moderna's vaccine must be stored and transported at temperatures of negative 20 Celsius, and Pfizer's vaccine must be stored and transported at temperatures of negative 70 Celsius, colder than winter temperatures in Antarctica.

INO, on the other hand, is stable at room temperature for more than one year. It also doesn't need to be frozen during transporter storage, potentially making it faster and more cost-effective to distribute.

Benzinga's Take: Assuming it is as effective and safe as competing vaccines, Inovio's candidate could ultimately end up being the standard-bearer for COVID and future coronavirus vaccine variants. These are the top dividend stocks in the Russell with the highest forward dividend yield for January.

First thing's first, what are penny stocks? Penny stocks are well-known for their volatility aside from just their cheap price. First, understand what you're buying and why you're buying it.

First U.S. Bitcoin Futures to Start Trading Next Week -- Update How did bitcoin futures behave?

The first U.S. bitcoin futures will start trading next week, as dueling Chicago futures exchanges seek to cash in on surging investor interest in the digital currency. Cboe Global Markets Inc.'s new bitcoin futures will go live at 5 p.m. Central time on Dec. 10, with the first full day of trading set for Dec. 11, the firm said Monday. (Dow Jones) The first US bitcoin futures will start trading next week, as duelling Chicago futures exchanges seek to cash in on surging investor interest in the digital currency. Cboe Global Markets's new bitcoin futures will go live at 5 p.m. Central time on 10 December, with the first full day of trading set for 11 December, the firm said Monday. The 20% decline in bitcoin futures prevented subsequent trading below $12,, leading to minimal volume for about a minute period in the morning. Later in the day, the contract rebounded. Tags:Btc bear market, Anonymous btc trading, Bitcoins market crash, Bitcoin trading robots, Trading bitcoin us

0 thoughts on “First u.s. bitcoin futures to start trading next week

Leave a Reply

Your email address will not be published. Required fields are marked *