Highlighting what went right, and what went wrong, in this week’s crypto news analysis.

At a five month high, the crypto market capitalisation has reached $185bn, showing a slow and steady increase since the start of the year.

On April 16th Copper will be co-hosting an event with Eversheds-Sutherland in London. It will examine hedge funds and crypto-assets, with panelists from EisnerAmpner, Hedgeguard, Eversheds, and Copper. Space is very limited, so if you would like to attend please let us know.

Copper will also be speaking at the Digital Asset Summit in New York on the 15th of May. More details to follow, but we will have some VIP passes to give away to those interested.

Below we have our weekly roundup of industry and coin specific news. If you’d like to get in touch with us about any of our products or services, we look forward to hearing from you. Just send us a note.

Latest Industry News

CME Group reveals futures volume

  • The CME showed figures from April 4th that indicate a new all time high in the volume of Bitcoin Futures contracts
  • The BTC equivalent nearly doubled to reach 112,710. This was helped in no small part by the 27% gain Bitcoin saw in Monday-Wednesday trading

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The future of futures

  • The global derivatives market exceeds $800 trillion. By comparison, the crypto contribution is tiny, at less than $3 trillion
  • US regulators currently have the largest impact on this, particularly while rumours the UK’s financial watchdog is still contemplating an outright ban

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Gazprom will move to Blockchain

  • The Russian gas giant will move its contracts operations onto a blockchain, following successful trials at subsidiary organisations
  • The system being built will provide automated arbitrage and also calculate payments for gas usage

Read More

Latest Coin News

BTC

Copper's weekly BTC price chart for 08 April 2019

  • Price analysis: Following big gains last week, BTC now has strong support at $5,200
  • Surge of activity in BTC wallets a week before price spike, according to Bloomberg
  • Can lightening strike twice? What happens when the torch reaches its limit?

ETH

Copper's weekly ETH price chart for 08 April 2019

XRP

Copper's weekly XRP price chart for 08 April 2019

 

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