CME Bitcoin futures report shows trading volume up 93% in Q2 2018
The world’s largest derivatives marketplace, the Chicago Mercantile Exchange (CME) tweeted that the average daily volume of Bitcoin futures, has grown an immense 93% in the 2nd quarter of 2018. Also, open interest in Bitcoin has gone up by 58%, which is an increase of over 2,400 contracts.
Bitcoin futures average daily volume in Q2 grew 93% over previous quarter, while open interest surpassed 2,400 contracts, a 58% increase. Learn more about trading #Bitcoin futures: https://t.co/adjWVWXBPQ pic.twitter.com/UQWC3nGGrI
— CMEGroup (@CMEGroup) July 20, 2018
Equity crowdfunding platform StartEngine now accepts Bitcoin for investing in securities
StartEngine, a US based equity crowdfunding platform, announced it accepts investment contributions in Bitcoin. Founded in 2014, the company has helped raise capital for over 150 startups. The SEC’s Regulation Crowdfunding rules state a funding portal must work with a bank & store investor’s money in escrow, until the startup reaches its minimum target. Thus, StartEngine has partnered with Prime Trust, a Nevada-based bank, to fulfill this condition.
Prime Trust will not only store but also convert bitcoins into USD, making it the first bank to support Bitcoin and protect crypto investors, according to a statement from the firm. Using this feature, businesses can raise a maximum of $1.7 million per year. Notably, StartEngine has previously raised $5 million in funding.
Kraken Daily Market Report for 20.07.2018
KRAKEN DIGITAL ASSET EXCHANGE
$170M traded across all markets today
Crypto, EUR, USD, JPY, CAD, GBP