Launch of Bitcoin Bullrun? Nasdaq plans to launch Bitcoin Futures in Q1 2019
Home News launch of Bitcoin Bullrun? Nasdaq plans to launch Bitcoin Futures in Q1 2019
Marcel Knobloch –
The still continuing negative trend of the last few days and week, a lot of crypto investors are in a state of shock lapse and panic selling. It is eagerly waiting for an event that the crypto market new impetus. According to a new report by the Nasdaq wants to move in the next quarter Bitcoin Futures.
According to a report by Bloomberg, shall have confirmed by two anonymous sources, that the stock exchange giant Nasdaq is already in the planning of Bitcoin Futures, and the developments are very advanced. Nasdaq had notified the beginning of this year the Public that they are for the time being, are watching the Bitcoin Futures contracts, and its actual impact on the crypto market. Apparently, Nasdaq has, regardless of the current Situation of the bear market, decided Bitcoin Futures to launch in the first quarter of the year 2019 (freely translated):
Nasdaq has worked to satisfy the concerns of the most important Swaps-the regulatory authority of the United States, the Commodity Futures Trading Commission, before the contracts can be started. The New York stock exchange operator, had observed in the past year, for the first time, Bitcoin Futures, wants to allow the trading in the first quarter of 2019, said one of the with the process, trusted sources.
Nasdaq wants to CME Group Inc. and CBOE Global Markets to follow, the start of Futures contracts in December last year. Experts in the industry expected the launch of the “physical” Bitcoin Futures of the stock market Bakkt for mid-December, but this Plan was moved to the rear, on the 24.01.2018.
The price of Bitcoin recorded a slight Plus of 6.48% to a price of 4017,16 USD. The strong volatility of the last few weeks continues. The SEC is currently considering a further Bitcoin-Futures-applications for accuracy and completeness, so that the approval of a Bitcoin ETF’s is also still in the room. Last more than 9 applications, including applications from VanEck, and SolidX on the basis of “manipulation were rejected concerns” of the market. By high-ranking employees of the SEC was announced a short time later, that this error was given and, therefore, all the applications re-reviewed.