Share this article

Bitcoin News Roundup for May 15, 2020

BTC hovers at $9K while Australia knocks out Bitcoin sales. This is CoinDesk's Markets Daily Podcast.

Updated Dec 11, 2022, 7:37 p.m. Published May 15, 2020, 4:00 p.m.
MD FEB 27 RELEASE

BTC hovers at $9K while Australia knocks out unlawful bitcoin sales. This is CoinDesk's Markets Daily Podcast.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

This episode is sponsored by ErisXThe Stellar Development Foundation and Grayscale Digital Large Cap Investment Fundhttps://grayscale.co/coindesk.

For early access before our regular noon Eastern time releases, subscribe with Apple PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublica or RSS.

Today's stories:

Bitcoin's Price Has Bounced but Miners May Still Be Switching Off Post-Halving

First State-Owned Entity Joins Libra Association

Pantera Capital's Crypto Hedge Funds Are Losing Double Digits, but Its Bitcoin Fund Is Up 10,000% to Date

Australian Woman Charged With Unlawfully Exchanging Over $3M in Crypto

For early access before our regular noon Eastern time releases, subscribe with Apple PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublica or RSS.

Higit pang Para sa Iyo

Solana CME Futures Fell Short of BTC and ETH Debuts, but There's a Catch

Solana CME futures first-day activity compared to BTC and ETH debuts. (CME/K33 Research)

When adjusted for asset market capitalization SOL's relative futures volume looks better, K33 Research noted.

Ano ang dapat malaman:

  • Solana's SOL futures began trading on the Chicago Mercantile Exchange (CME) on Monday, with a notional daily volume of $12.3 million and $7.8 million in open interest, significantly lower than the debuts of bitcoin (BTC) and ether (ETH) futures.
  • Despite the seemingly lackluster debut, when adjusted to market value, SOL's first-day figures are more in line with BTC's and ETH's, according to K33 Research.
  • Despite the bearish market conditions, the launch of CME SOL futures offers new ways for institutions to manage their exposure to the token, said Joshua Lim of FalconX.