Bitcoin specie and litecoin futures might be coming to Cboe spil soon spil this year. The Gemini exchange, which supplies the gegevens feed for the trading venues’ recently launched bitcoin futures, has spil its top priority for 2018 adding support for trading fresh currencies, embarking with two of the top five coins by market cap.
BCH and LTC on Gemini
The founders of the Fresh York licensed digital asset trading venue Gemini Exchange, Tyler and Cameron Winklevoss, have exposed that adding fresh cryptocurrency options are high on the company’s notulen this year with bitcoin specie and litecoin at the top of the list. The exchange already offers bitcoin (BTC) and ethereum (ETH) and by listing BCH and LTC pairs it will voorkant four out of the five top cryptocurrencies by total market cap with only Ripple’s XRP excluded.
Beyond Gemini’s meteen clients, the inclusion of fresh cryptocurrencies can have much broader effects on crypto derivatives trading spil well. The bitcoin futures contracts launched ter December 2018 by Cboe Global Markets (Nasdaq: CBOE) is based on the Gemini exchange’s auction price for BTC, denominated ter U.S. dollars. With fresh BCH and LTC gegevens feeds available from Gemini, Cboe will be able to expand the crypto instruments and suggest a more diversified exposure to its traditional clients.
Speaking Thursday at a Cboe event ter Florida, the Gemini operators said that the licensing agreement with Cboe is scalable, and they entered into the overeenkomst knowing it could expand te terms of offerings. Visible candidates for expansion “are from the Satoshi Nakamoto family tree: Bitcoin specie, Litecoin,” Tyler Winklevoss explained.
Not Worried About Price Druppel, Applaud SEC
Besides focusing on adding bitcoin contant and litecoin, the Gemini founders also recntly commented on other very discussed topics te the crypto community.
They said they aren’t worried about the acute price drops or the slowdown ter volume, because they followed bitcoin since it wasgoed worth just $8 and brief term drops happened many times before but they are ter it for the long-term. “In 2018, you’re indeed going to see institutions and Wall Street truly get ter, and it’s going to look very different,” Tyler Winklevoss predicted.
The Gemini founders even said they “applaud” the SEC announcement from Wednesday that many listig with the price druppel. The agency warned that exchanges that suggest what it considers to be securities without a license are operating unlawfully.
What cryptocurrencies do you think should be available for futures trading next? Share your thoughts ter the comments section below!
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