Binance to List Fantom

Many trading pairs with FTM will be opened on June 11; this announcement had big impact on the token's price
10 June 2019   1297

Binance announced the listing of the Fantom project's token.

FTM / BNB, FTM / BTC, FTM / USDT, FTM / TUSD, FTM / USDC and FTM / PAX trading pairswill be opened on June 11 at 04:00 UTC. According to Binance, Fantom is listed without paying any commissions from the project.

Fantom Price Chart
Fantom Price Chart

This news had great impact on the FTM token price. It had a spike, gaining around 50%. After small correction, the average price rose by almost 40% in 24 hours. At the moment, Fantom is being traded at $0.03. It's on the 105 rank at Coinmarketcap.

CFTC to Approve LedgerX's Deliverable BTC Futures

At the same time, another platforms such as Bakkt, ErisX and Seed CX still awaiting regulatory approval
26 June 2019   66

Cryptocurrency derivatives provider LedgerX LLC has received a license from the Authorized Derivatives Market (DCM) from the US Commodity Futures Trading Commission (CFTC), which will allow it to launch the country's first bitcoin futures.

Deliveries for deliverable futures are made in the underlying asset, not in fiat funds. Thus, LedgerX outstripped the Bakkt, ErisX and Seed CX platforms, which are still awaiting regulatory approval.

At the same time, LedgerX intends to launch the Omni platform for trading options, swaps, and bitcoin futures for retail investors, since at the moment it does not see enough interest from institutional market participants.

However, it should be added that some experts have already expressed fears that the nature of the license received will not allow LedgerX to provide margin tools to customers, and Bakkt should have such functionality.

Recall about the intentions to obtain the appropriate permission and overtake competitors LedgerX said in April.