Gold’s price discovery mechanisms move onto blockchain networks after U.S. futures markets close for the weekend, creating arbitrage opportunities for traders who can navigate both markets, according to Iggy Ioppe, chief investment officer (CIO) at Theo and former CIO at Credit Suisse. “In terms of publicly visible price formation, onchain markets are responsible for virtually 100% of weekend price discovery,” Ioppe said in a recent interview with Cointelegraph. CME gold futures halt trading for the weekend at 5:00 pm Eastern on Friday, and trading only resumes at 6:00 pm Eastern on Sunday. In the interim, Ioppe ... (full story)