JP Morgan to trade Bitcoin futures

JP Morgan traders will be able to begin trading Bitcoin futures by December 2017
26 November 2017   1802

Despite the statement of Jamie Dimon, CEO of JPMorgan Ltd., who faced a lot of controversy after saying that Bitcoin is a fraud, stating that it is necessary to fire anyone “stupid enough to trade bitcoin”, it came to light that JP Morgan will let its traders begin trading bitcoin futures.

J.P. Morgan, an American multinational banking services holding company headquatered in New York City, is considering the option of providing the clients with access to a new Bitcoin product of CME through its futures-brokerage unit. As it is known JPMorgan Securities Ltd. has already been trading Bitcoin through custodian accounts in Sweden since September, when the corporation made buying and selling Bitcoin operations using Sweden’s Nordic Nasdaq stock market. 

It seems like JPMorgan decided to respond to the customers' growing demand for Bitcoin and plans to launch Bitcoin futures trading on December 11.

Previously, it was reported that JP Morgan faced allegations from Swiss Financial Market Authority for breaking rules of money laundering.

In the end of October 2017, the world’s largest derivatives exchange, CME Group, unveiled its plans to launch Bitcoin futures during the fourth quarter of 2017, along with Man Group, the world’s largest publicly traded hedge fund, that was making plans to launch Bitcoin futures trading, and BitMEX, which announced Bitcoin Cash futures trading.

Lightning Desktop App to be Launched in BTC Mainnet

The application, which is based on the lightweight Neutrino client, is available for the macOS, Windows and Linux, however, it's oriented fro test environment
24 April 2019   147

Lightning Labs, a leading developer of solutions for the Lightning Network, announced the launch of its desktop wallet in the main Bitcoin network. An application that was previously tested in a test network is available in the alpha version.

The application, which is based on the lightweight Neutrino client, is available for the operating systems macOS, Windows and Linux, however, as the developers emphasize, is still oriented primarily to the test environment. At the same time, more advanced users can also experiment with the wallet interface and get access to their funds.

Lightning App Desktop Version Screenshot
Lightning App Desktop Version Screenshot

The Neutrino client allows non-custodial Lightning wallets to verify Bitcoin transactions without the need to synchronize with the full version of the blockchain.

The new release includes such a function as displaying a single balance, which will allow users to see the cumulative number of coins both in the network base and in the payment channels by percentage.