futures RSS
Ripple's XRP Just Might Be the Next Big Crypto Futures Market
Bitcoin futures may have been launched with tremendous fanfare - XRP futures, on the other hand, not so much. But in fact, U.K.-based startup Crypto Facilities has been operating a futures market for the world's third-largest cryptocurrency, developed by blockchain startup Ripple Inc., for almost 18 months now. And while the company's CEO Timo Schlaefer has been tight-lipped about the product so far, he sees trends in recent data that indicate broader XRP futures adoption may be on the horizon. "We have pretty good order books," Schlaefer told CoinDesk, "And we're in the process of working with some of the large market makers...
Bitcoin struggles to climb back above $9,000
After a week of robust gains in the cryptocurrency market, the No.1 digital asset, bitcoin, has run into resistance as industry headwinds put its recent rally in jeopardy. “Bitcoin seems to be facing difficulties in moving beyond $9,000. The increase in mining complexity and the peak output of new capacities to the market at the end of 2017 have led to miners facing several issues after price correction,” FX Pro said in a morning report Tuesday. The price of a single bitcoin BTCUSD reached an overnight high of $8,973.12 but have since retraced to a session low of $8,370.48, according to CoinDesk....
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