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Bitcoin: large funds on CME are preparing for growth of the cryptocurrency

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According to the COT (Commitments of Traders) reports provided by the Commodity Futures Trading Commission (CFTC) - for the week ending last Tuesday: Large speculators (NON-COMMERCIAL) have reduced the net position for the sale of contracts for bitcoins by 0.14 thousand contracts to 0.22 thousand. Large speculative players are cutting the net position for sale for the third consecutive week. Net position has become minimal since April 10. The small speculators (NONREPORTABLE POSITIONS) reduced the net position for the purchase of ... Read more about " Bitcoin: large funds on CME are preparing for growth of the cryptocurrency " on coinatory.com

HSBC: the first deal on the blockchain processed

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HSBC, the largest financial conglomerate, announced the completion of a deal with the use of the blockchain platform, paving the way for the massive introduction of technology in the market with a capitalization of $ 9 trillion. The bank processed a letter of credit for the largest US food and agricultural group, Cargill, which delivered soybeans to Malaysia from Argentina. HSBC used the Corda platform, created by the technology consortium R3. The transaction was also attended by ING, which previously implemented the technology and acted ... Read more about " HSBC: the first deal on the blockchain processed " on coinatory.com