Shares of Coinbase fell nearly 8% on Thursday to a price of $202.49. The drop came after a report from the Financial Times that futures exchange CME was considering offering spot bitcoin trading to its clients. Shares of Coinbase dropped nearly 8% to $202.49 during U.S. morning hours on Thursday after a Financial Times report […]
10x Research founder Markus Thielen said crypto exchanges may lose business if CME starts offering spot bitcoin trading. CME is one of the top bitcoin futures exchanges by open interest. Futures powerhouse Chicago Mercantile Exchange (CME) plans to offer spot bitcoin trading to clients as demand for the product mounts among market participants, the Financial […]