Investments: Crypto Industry Is Waiting For the Flood

Binance invests in Certik and TravelByBit, Ulysses Capital finances NULS, Swiss startup receives funding, FINMA gives license to Crypto Fund AG, Seoul Mayor plans to invest $108M in blockchain, $400M from Yale University, SKALE acquires $9.65M, Medici Ventures invests in VinX, TD Ameritrade has plans for ErisX

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Breaking – Trillion US Brokerage Giant TD Ameritrade Begins Bitcoin Futures Trading

United State’s largest brokerage TD Ameritrade has reportedly made Bitcoin futures trading available on its platform. The news was recently shared by eToro senior analyst, Mati Greenspan and confirmed by TD Ameritrade’s official website. Bitcoin Futures Available at TD Ameritrade Back in March 2019, TD Ameritrade executive vice president, Steven Quirk stated that they have been receiving calls and emails from their clients seeking to have futures tied to the cryptocurrency. During that time, Steven seems positive to have a platform open and participate in the crypto market. According to the reports of September, TD Ameritrade has valued over $1.2 trillion equity and with BTC’s gate officially opened now, it is predicted to attract a lot of people. Nevertheless, the giant also confirmed this report on its website and adds that; Bitcoin futures trading is available at TD Ameritrade. Quotes and trading capabilities for these futures products are available on our thinkorswim platform and TD Ameritrade Mobile Trader app. Moreover, the platform has mentioned how a client can access to bitcoin futures at TD Ameritrade here. Bitcoin trading is now available @TDAmeritrade!!! Been waiting a while for this. Ameritrade is one of the US's oldest and largest online brokers. As of September, client equity totaled $1.279 trillion. The floor gates to BTC are now officially open. https://t.co/9gBo3zSuUZ — Mati Greenspan (@MatiGreenspan) July 23, 2019 During early July 2019, reports surfaced on the web states that TD Ameritrade-backed ErisX received a license from US Commodity Futures Trading Commission (CFTC) to offer crypto derivatives. The license “Derivatives clearing organization (DCO) is one of the parallel approval to the existing “designated contract market (DCM) license that ErisX had already held. The report of TD Ameritrade offering futures contract tied to crypto comes in a wake of Bakkt’s beta testing launch of bitcoin futures. It mentioned that “testing is proceeding as planned”. On July 22, 2019, Bakkt posted a tweet adding; Today kicks off user acceptance testing @ICE_Markets for the Bakkt Bitcoin Daily & Monthly Futures contracts Testing is proceeding as planned with participants from around the world. As for now, clients of TD Ameritrade can access to futures contract tied to bitcoin by following the procedure explained on its website. However, this has no influential effect on the price of Bitcoin yet, the world’s largest cryptocurrency, Bitcoin is still trading below $10200 by declining with over 4 percent within the past 24 hours. Image source – TD Ameritrade official website The post Breaking – Trillion US Brokerage Giant TD Ameritrade Begins Bitcoin Futures Trading appeared first on Coingape.
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No, TD Ameritrade Did Not Just Launch Bitcoin Futures Support

Bitcoin Futures are Here and Have Been For a While Sorry to break it to you, TD Ameritrade didn’t just launch support for Bitcoin (BTC) futures. Earlier today, Mati Greenspan of eToro released a tweet, during which he wrote that “Bitcoin trading in now available” via TD Ameritrade. Some took this as news that the American brokerage, which caters to many retail/mom & pop investors, had quietly launched support for some futures vehicle relating to the leading cryptocurrency. Bitcoin trading is now available @TDAmeritrade!!!Been waiting a while for this. Ameritrade is one of the US's oldest and largest online brokers.As of September, client equity totaled $1.279 trillion.The floor gates to BTC are now officially open. https://t.co/9gBo3zSuUZ— Mati Greenspan (@MatiGreenspan) July 23, 2019 As spotted by The Block’s Larry Cermak, this isn’t exactly the case. Citing archives from the Wayback Machine, which Ethereum World News has also taken a look at, the web page that Greenspan was sharing originated from months and months ago. In fact, Cermak notes that the “Bitcoin futures” page on TD Ameritrade’s website has been up for at least a year now. Anyhow, an excerpt from the page reads: Bitcoin futures trading is available at TD Ameritrade. Quotes and trading capabilities for these futures products are available on our thinkorswim platform and TD Ameritrade Mobile Trader app. This hype surrounding Greenspan’s tweet may have been a byproduct of the rumors that TD Ameritrade, which has notably backed a crypto exchange known as ErisX, is looking to launch Bitcoin and Ethereum spot trading in the near future. Greenspan has since apologized in a response to the original tweet for “jumping the gun”. In related news, E*Trade was recently ‘caught’ advertising its services for the search term “cryptocurrency trading” on Google. While the advertisement itself didn’t mention cryptocurrency or blockchain in any way, shape, or form, E*Trade’s ad joined Gemini, Coinbase, and BitcoinIRA. And yesterday, the New York Stock Exchange-backed Bakkt begun testing its Bitcoin (BTC) futures contract. While this has been marketed as a seemingly mundane “user acceptance testing” phase, this launch has been met with much hurrah from every corner of the cryptocurrency community. Title Image Courtesy of Andre Francois Mckenzie Via Unsplash The post No, TD Ameritrade Did Not Just Launch Bitcoin Futures Support appeared first on Ethereum World News.
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