Advertisement
AD

Main navigation

Advertisement
AD

Error message

Warning: Undefined array key 0 in amp_entity_view_alter() (line 156 of modules/contrib/amp/amp.module).
amp_entity_view_alter(Array, Object, Object) (Line: 545)
Drupal\Core\Extension\ModuleHandler->alter('node_view', Array, Object, Object) (Line: 304)
Drupal\Core\Entity\EntityViewBuilder->buildMultiple(Array) (Line: 238)
Drupal\Core\Entity\EntityViewBuilder->build(Array)
call_user_func_array(Array, Array) (Line: 111)
Drupal\Core\Render\Renderer->doTrustedCallback(Array, Array, 'Render #pre_render callbacks must be methods of a class that implements \Drupal\Core\Security\TrustedCallbackInterface or be an anonymous function. The callback was %s. See https://www.drupal.org/node/2966725', 'exception', 'Drupal\Core\Render\Element\RenderCallbackInterface') (Line: 788)
Drupal\Core\Render\Renderer->doCallback('#pre_render', Array, Array) (Line: 377)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
Drupal\Core\StackMiddleware\Session->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\KernelPreHandle->handle(Object, 1, 1) (Line: 191)
Drupal\page_cache\StackMiddleware\PageCache->fetch(Object, 1, 1) (Line: 128)
Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\NegotiationMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\StackedHttpKernel->handle(Object, 1, 1) (Line: 704)
Drupal\Core\DrupalKernel->handle(Object) (Line: 18)

Bitcoin Futures Got Suspended by CBOE. Here’s the Real Reason Why

Advertisement
Thu, 21/03/2019 - 10:46
Bitcoin Futures Got Suspended by CBOE. Here’s the Real Reason Why
Cover image via U.Today
Read U.TODAY on
Google News
Advertisement

CBOE, the second largest futures exchange, had to cede ground to its major rival CME in the Bitcoin futures department. According to Diar’s study, CBOE’s average Bitcoin futures trading volumes represented only a miniscule fraction of CME’s, which essentially explains the former’s decision to pull a plug on crypto derivatives.

Related

Failing to withstand competition    

The news about CBOE delisting Bitcoin futures was generally perceived as an indicator that the interest in Bitcoin trading cooled. CBOE launched Bitcoin futures when Bitcoin was sitting at $17,000. That eventually led to December’s peak of the bull market when the king of crypto touched its current ATH of $20,000.  

However, looking at the aforementioned volumes, it becomes clear why CBOE abandoned Bitcoin futures – it couldn’t compete with its Chicago-based rival. CME's version of the future completely diminishes CBOE when it comes to trading volumes. CBOE failed to generate more than $1 bln in Bitcoin futures trading volumes since May. Meanwhile, CME achieved that in October, and they didn’t announce any changes so far.

card

Bitcoin futures became useless  

As reported by U.Today, Bitcoin bull Brian Kelly earlier claimed that CBOE delisting Bitcoin futures could mean that Bitcoin is bottoming out. He also added there was less need for futures contracts given that there are other ‘alleys’ for institutional investors to enter the cryptocurrency market.

VanEck ETF in danger

While the Securities Exchange Commission (SEC) is reviewing the VanEck/SolidX Bitcoin ETF proposal, CBOE will most likely put a damper on its chances to get the green light from the US regulator. The industry is also awaiting a decision on Bitwise Asset Management's Bitcoin ETF.

Advertisement
A
A
A

Related articles

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD