NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Why Bear Market Ethereum Futures Are a Better Bet That Bitcoin’s

Martin Young
Martin Young
5 years ago
2 mins read
Ethereum blockchain

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The Commodity Futures Trading Commission (CFTC) is confident that Ethereum futures are likely to arrive in 2020. This could be good timing if altseason fails to materialize in the next few months and Ethereum prices remain low.

Ethereum Futures Next Year

At a fireside chat during the first day of DC Fintech Week, CFTC Chairman Heath Tarbert said he ‘absolutely’ believes Ethereum futures could trade in the next 6 to 12 months.

“The volume to which it’ll trade, no idea, that’s where the markets decide, but my guess is now that we’ve provided at least … a little bit more clarity on [ether’s eligibility for futures contracts], my guess is market participants will consider that.”

He continued to state that there have been no official applications by firms willing to launch Ethereum futures contracts. Considering the current regulatory atmosphere in the US though that is hardly surprising. At the moment four contenders could emerge and they are likely to be Seed CX, ErisX, Tassat and LedgerX.

So far there has been no response from CME or CBOE as to whether they will be offering Ether base futures. A CME spokesperson told Coindesk that they are focused on bringing options on CME Bitcoin futures to market in Q1 2020 and continuing to grow their CME CF Reference Rates and Real-Time Indices.

Tarbert continued adding that a CFTC regulated exchange would provide investor confidence for Ethereum products in that there would be no market manipulation. When asked about other crypto assets he added that there will be other derivatives coming soon to a market near you, but failed to specify further details or time frames.

Bullish For ETH Prices

Ethereum is still way down from its peak whereas Bitcoin was approaching its all-time high when futures were first launched. In mid-December 2017 BTC prices were hitting their ATH of a shade under $20,000.

Two futures products offering the opportunity to short the asset for the first time were launched and prices predictably dumped. Industry observers have not let this go unnoticed;

“Bitcoin futures launched at the ‘EXACT’ pinnacle of the bull market, a huge investment vehicle for those looking to short the market as it was clearly overpriced.”

Why is $ETH futures bullish compared to $BTC futures?

– Bitcoin futures launched at the 'EXACT' pinnacle of the bull market, a huge investment vehicle for those looking to short the market as it was clearly overpriced.

– This is confirmed by huge price plummets are launch.

— Cactus (@thecryptocactus) October 10, 2019

ETH is in no way overpriced at the moment and the markets are not overbought. It is down around 87.5% from its peak and still deep in the middle of a two year bear market.

Work on ETH 2.0 is already underway though the complete roll out could be at least another year away. Istanbul will address the preliminary issues while initial phases of Serenity will begin early next year in the form of beacon chain.

A coincidental futures launch as developers solve some of the problematic scaling issues could result in a very bullish 2020 for Ethereum.

Image from Shutterstock

Tweet123Share196ShareSend
Martin Young
Martin Young

Martin Young

Martin is a Southeast Asia based info-tech, cyber security, and cryptocurrency analyst with 20 years working in web technology and media.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Litecoin Surges Past Descending Resistance – Bulls Target $97.10 Level

Litecoin Surges Past Descending Resistance – Bulls Target $97.10 Level

Litecoin (LTC) is back in the spotlight as bullish momentum sweeps across the crypto market. After months of volatility and...

Sebastian Villafuerte 3 hours ago
Bitunix bonus krypto giełda promocja USDT

Nowa promocja Bitunix. Bonus w wysokości 2410 USDT na start

Bitunix – jedna z najszybciej rozwijających się giełd krypto – wystartował z nową kampanią promocyjną, która potrwa aż do 20...

News BTC 3 hours ago
Dogecoin

Analysts Predict Major Dogecoin Price Rally After Breaking 50-Day Trendline

The Dogecoin price may be setting up for a significant rally as a technical analyst identifies a bullish breakout above...

Scott Matherson 4 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Ethereum Price Gathers Strength

Ethereum Price Gathers Strength — Bulls Prepare for Upside Extension

Aayush Jindal 1 hour ago
Dogecoin

Dogecoin Bounces Back With 8% Gain—Is $0.26 In Sight?

Keshav Verma 1 hour ago

Ethereum Liquid Staking Hits New ATH With 35.5 Million ETH Locked – Will Price Follow?

Ash Tiwari 2 hours ago

Premium Sponsors

Press Releases

  • Top kryptoměna ke koupi dříve, než vzroste o 2 200 %, podle Cathie Wood

    Top kryptoměna ke koupi dříve, než vzroste o 2 200 %...

    6 hours ago
  • The smartest way to make money in 2025: Invest in cloud...

    13 hours ago
  • Od Bitcoinu k BTC Bull: Kde leží skutečný potenciál?

    ...

    13 hours ago
  • Bitcoin vs. Gold: Which Is the Best Investment In 2025?

    13 hours ago
  • Profit of $5,735, senior trader uses Ripple (XRP) to open...

    13 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.