Augur proposes to be an open-source decentralized prediction market built on Ethereum. Augur would be revolutionary if it comes to be, but until now development is still in beta stage. Augur an ambitious undertaking, and has been taking longer than… Continue Reading
CME Group has launched their real time bitcoin price index. This is exciting news for the crypto currency markets and also exciting for derivatives traders. With many different bitcoin exchanges operating worldwide, there is a need to find a reliable standardized… Continue Reading
Bitfinex has redeemed more of its outstanding BFX tokens today. This is the second time Bitfinex has redeemed BFX tokens that were sitting unencumbered on wallets on the Bitfinex system. BFX holders should be pleased with this development and their… Continue Reading
With fiat currency interest rates at historic lows, investors are searching for higher yields. Many investors have turned to volatility as an “asset class” as a way to pick up more yield for their portfolios. This is evidenced by the… Continue Reading
Last summer, a new crypto currency exchange called Quoine was launched in Singapore. The exchange follows the model of exchanges such as Bitfinex whereby margin funding is provided by users. This system of margin funding creates a market for short… Continue Reading
I’ve been scratching my head and asking my friends in an effort to try figuring out how the vanilla options are priced on Coinut. I made a calculator in excel, but my numbers were always off compared to what the… Continue Reading
Bitfinex recently paid the CFTC $75,000 USD related to a settlement between the US federal government agency and the digital currency exchange. A copy of the CFTC order can be found here. Bitfinex explains it this way: Today, the United States… Continue Reading
Back at the dawn of Web 2.0, concepts of wikinomics and user generated networks like wikipedia were just emerging. I was very interested in these concepts. A platform called InTrade came into existence and I started making markets on this… Continue Reading
One aspect of the Coinut trading platform that is starting to get on my nerves this morning is the inability to modify an open order. It seems the system does not provide the manual ability to modify an open order.… Continue Reading
The CME and ICE have each announced they will begin providing data on a bitcoin price index last this year. This is very exciting news for bitcoin participants as it get the market one step closer to derivatives trading, which… Continue Reading
