CF Benchmarks Recap - Issue 21 The market may well have witnessed its biggest single-session drop ever—since the last one a few weeks ago—though institutional crypto convergence continued apace.
ETHUSD_RTI weathers the Ether storm From a benchmark perspective, the most important point to make is that the Ether market as represented by CF Benchmarks' Ether instruments, ETHUSD_RR and ETHUSD_RTI, has remained stable and orderly throughout the turbulence.
The CME CF Ether-Dollar Reference Rate: Integrity Defined The clustering towards correlation coefficients of 1.00 demonstrate a strong price correlation between Constituent Exchanges. In turn, the strong price correlation is evidence of a lack of manipulation within Constituent Exchange prices
CF Benchmarks Recap - Issue 20 A more pressing question than ‘where next for BTC’s price?’ was whether the OSC’s resoluteness would encourage the SEC off the fence
CF Benchmarks Recap - Issue 19 Tesla, driving a coach and horses through conventional notions of treasury management, was the main feature.
Why now, for CME Ether Futures? Although Ether’s market value is still just slightly more than a quarter of the value of the ‘original gangster’, the CME has evidently satisfied itself that an addressable marketplace of institutional Ether participants is as real as the one for Bitcoin.
CF Benchmarks Recap - Issue 18 Our CME CF Ether-Dollar Real Time Index was recorded at $1,761.86, with a 16:08:25 time stamp. That’s certainly the highest the authorised Benchmark has traded since its inception in May 2018.
CF Benchmarks Recap - Issue 17 Bitcoin’s price behaviour is now the closest to what may be described as ‘a range’ for the first time in months.
CF Benchmarks Recap - Issue 16 As if to drive home the lesson that significant crypto adoption news and promising political developments won’t always necessarily coincide with celebratory price action, the two largest cryptocurrencies veered in separate directions this week.
CF Benchmarks Recap - Issue 15 With a CFTC-regulated futures market operated by the CME Group now accounting for the highest BTC-USD open interest, among other elements of a more mature crypto market place than existed in 2017, brave forecasts of what might happen next based on BTC’s trajectory then, are void
A Quiet Breakthrough for the Bitcoin Reference Rate Our latest research validates the CME CF Bitcoin Reference Rate (BRR) as a fully compliant benchmark with consistently achievable prices
CF Benchmarks Recap - Issue 14 Several months into this barrage of records, their frequency has not abated to an extent for a serious correction—say $10,000-plus—to appear highly-probable in the near term.
CF Benchmarks Recap - Issue 13 Our latest proprietary research shows that the BRR achieves a quality that’s like a Holy Grail for institutional traders and providers of regulated products
CF Benchmarks Recap - Issue 12 Another week that Bitcoin failed to set an incremental new all-time high since notching a string of these in late November
CF Benchmarks Recap - Issue 10 To those for whom the spectacular price moves of the week were completely unforeseen - including Bitcoin’s drop by as much as 16% in about 24 hours - welcome to the wonderful world of crypto.
CF Benchmarks Recap - Issue 9 The most prevalent cryptocurrency by full market cap has yet to reach ardent peaks near $20,000 from December 2017, but aspects of the same heady atmosphere as then, around crypto, Wall St. and Main St, are making a return.
Crypto index adds missing LINK LINK’s full market capitalisation has evidently shot up to around $12.52bn, reflecting an eye-watering price rise of almost 400% so far in 2020
Bitcoin Cash eyes soft landing after hard fork Ultimately, this switch could have brought about major changes to the Benchmark known as Bitcoin Cash, trading under the ticker ‘BCH’.
CF Benchmarks Recap - Issue 8 Broader market cheer that lifted the S&P 500 to its best levels in 10 weeks in recent days underscores the extent to which major crypto is now a part of the same sphere.
Bitcoin’s Open Interest Question Volatility implied by patterns of trade in Bitcoin options indicated little expectation among sophisticated market of participants that prices would reach $20,000 by year end. Even so, anticipation across the broader market hasn’t entirely diminished.
CF Benchmarks Newsletter Issue 7 News that the long-planned policy switch for the Ethereum blockchain finally has a hard launch date was arguably more important.
Not quite a crypto cliff-hanger Though a clear election end point may still be days away, as votes continue to be counted, wrangled over, and possibly even argued over in court, it’s clear that stocks and other risky assets—including crypto—are taking cues from clear probabilities and a handful of certainties in the bag so far.
CF Benchmarks Recap - Issue 6 When the history of cryptocurrencies’ slow but steady progress to the mainstream is written, it may contain a section covering former sceptics who underwent a damascene conversion.
CME‘s Bitcoin growth is a low-key big splash It’s no surprise that corporate pressures and market tailwinds that have catalysed rising crypto demand, have helped contract volumes of CME’s dollar-settled futures in Bitcoin
CF Benchmarks Recap Newsletter - Issue 5 The $239bn group with 346 million active users will instantly become the biggest enabler of consumer crypto adoption by virtue of being the largest retail platform with digital assets on its network.
