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  • Institutional-sized Bitcoin and Ether futures contracts launching on Coinbase Derivatives Exchange

    From coinbase.com

    Coinbase Derivatives Exchange, our CFTC-regulated derivatives exchange, is excited to announce the launch of our institutional futures offering with Bitcoin and Ether contracts on June 5. Since the successful launch of our nano Bitcoin (BIT) and nano Ether (ET) contracts, we have seen institutional interest and the demand for advanced derivatives products. With the launch of these institutional-sized USD-settled contracts, we look to empower institutional participants with greater precision in managing crypto exposure, expressing directional views, or tracking Bitcoin and Ether returns in a capital-efficient way. ... (full story)

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    An Embarrassed Consensus Has Missed Millions of US Jobs

    From scotiabank.com|Jun 2, 2023|1 comment

    US job growth strongly beat consensus yet again (see table). As chart 1 shows, the pattern of serially underestimating job growth is rather unflattering to the community of ...

    Despite Debt Limit Agreement U.S. ‘AAA’ Rating Remains on Negative Watch

    From fitchratings.com|Jun 2, 2023|1 comment

    Although the resolution of the U.S. debt limit impasse allows the government to meet its obligations, Fitch Ratings maintains the Rating Watch Negative (RWN) on the U.S. rating, ...

    Here Are the Key Takeaways From US Jobs Report for May

    From bnnbloomberg.ca|Jun 2, 2023

    Here are five key takeaways from the US employment report for May, released Friday. • May saw another big upward surprise in payroll gains, with employers adding 339,000 jobs ...

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    Macro & Markets: Latent lags

    From corporate.nordea.com|Jun 2, 2023

    Economic indicators are currently telling many different stories. We continue to believe in one where inflation proves to be relatively sticky, meaning that central banks have ...

    Former Ethereum (ETH) miner strikes a billion-dollar deal with Microsoft

    From invezz.com|Jun 2, 2023

    A former Ethereum (ETH) miner CoreWeave has inked a billion-dollar AI computing contract with Microsoft (MSFT). The deal will involve using CoreWeave’s computing infrastructure ...

    Debt ceiling: Common sense prevailed

    From raymondjames.com|Jun 2, 2023

    Late on Thursday night, the U.S. Senate followed the House of Representatives in passing the deal brokered by the Biden administration and the Speaker of the House, Kevin ...

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  • Posted: Jun 2, 2023 2:18pm
  • Submitted by:
     Newsstand
    Category: Crypto Industry News
    Comments: 0  /  Views: 116
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