Commodity Futures Trading Commission

CFTC Files First Case Regarding Against Bitcoin Fraudsters

The Commodity Futures Trading Commission (CFTC) has filed its first-ever charges against a Bitcoin investment corporation. The company, Gelfman …

Fraud

Hedge fund bets on US dollar weakness hit highest level in nearly a year

Hedge funds turned negative on the US dollar in the days before the Federal Reserve met this week, trades that would have been offside if held a day …

Economy

Finance pros want in on the cryptocurrency boom

Bitcoin and Ethereum are no longer just for libertarian geeks and their Reddit pals. That became clear last week when a day-long conference about …

Cryptocurrency

Top 5 things that moved markets this past week

Investing.com – Take a peek at the top 5 things that rocked U.S. markets this week.<p><b>JP Morgan</b><b>’</b><b>s Jamie Dimon ripped into Bitcoin again</b><p>Bitcoin prices …

Jamie Dimon

Blockchain regulation in finance: Recent developments and prospects

The Commodity Futures Trading Commission (CFTC) is another U.S. regulator examining how blockchain and distributed ledger technology could be used in …

Bitcoin

Former US Futures Commission Chair Says Regulation Solves Bitcoin Volatility: CNBC

The recent weeks of Bitcoin volatility, with Bitcoin price hitting an all-time high of $5,000, only to plummet back below $3,000, and then stabilize …

Bitcoin

CFTC: Speculators Significantly Less Bearish on Sterling; Less Bullish on Euro, S&P 500, Gold

Investing.com - The Commodity Futures Trading Commission released its weekly Commitments of Traders report for the week ending September 19 on Friday.<p>…

Gold

Former CFTC Commissioner: Regulation Would Solve Bitcoin Volatility

A former US markets regulator says he is concerned by the volatile prices seen in cryptocurrency markets – and that he believes regulation can solve …

Bitcoin

Oil prices fluctuate as uncertainty persists over OPEC production-cut extension - MarketWatch

Crude prices fluctuated between gains and losses Friday while an OPEC meeting was under way amid uncertainty about whether major oil producers will …

Oil

A trader is being accused of running a bitcoin Ponzi scheme

The US government is going after a New York man for allegedly operating a bitcoin Ponzi scheme.<p>The US Commodity Futures Trading Commission said Nicholas Gelfman, a Brooklyn resident and head trader at Gelfman Blueprint, a New York-based firm, "fraudulently solicited" $600,000 from 80 clients in a …

Bitcoin

Hack of U.S. securities regulator rattles investors, stirs doubts

WASHINGTON/NEW YORK (Reuters) - Wall Street's top regulator faced questions on Thursday about its defenses against cyber criminals after admitting hackers breached its electronic database of corporate announcements and may have used it for insider trading.<p>The incursion at the Securities and …

Cybersecurity

CFTC files civil charges over alleged Bitcoin Ponzi scheme

WASHINGTON (Reuters) - The U.S. Commodity Futures Trading Commission has filed civil fraud charges against a New York man and his company over an alleged Bitcoin investment scheme, the agency said in a statement on Thursday.<p>The CFTC said it had charged Nicholas Gelfman and Gelfman Blueprint Inc …

Corruption

Oil inches lower as traders look to OPEC to further tighten global supplies - MarketWatch

Oil prices inched lower Thursday after settling at a nearly five-month high a day earlier, as traders looked to the production-cut agreement led by …

Oil

European Morning Briefing: Fed Hints at Another Rate Rise

Snapshot:<p>========<p>Stocks to gain; EUR/USD 1.1886-89; bund yield 0.444%; Brent crude $56.15; gold $1299.50<p>-Fed to Start Paring Holdings, Keeps December Rate Rise on the Table<p>-Bank of Japan Sticks With Easy-Money Policy Settings<p>-EU's Mogherini Says All Parties Agree Iran Fulfilling Nuclear Deal …

Economy

CFTC Commissioner: Blockchain Will Bring 'Sea Change' to Financial Markets

The Commodity Futures Trading Commission (CFTC) has named one of its leaders as the new sponsor for its technical advisory committee – and he wants …

Bitcoin

CFTC chairman: Government must ditch 'analog regulation,' embrace blockchain

J. Christopher Giancarlo sees a digital revolution coming for financial regulators, and he says blockchain technology is the key to protecting the …

Bitcoin

The Daily Prophet: Fed Have You Down? JPMorgan Has a Pick-Me-Up

To understand whether the Federal Reserve's plan to start shrinking its $4.5 trillion balance sheet next month will be a disaster for the bond …

Economy

EU-US Mifid II accord will go down to the wire, official warns

An agreement between EU and US authorities to prevent new European rules from fragmenting global markets may only be reached with weeks to spare, a …

Brexit

The technology, benefits, risks, and regulatory measures that you need to know about ICOs now

Organizations have raised over $1.8 billion through initial coin offerings (ICO) since January 2017. For the first time this June, Blockchain entrepreneurs raised more money through ICO than traditional venture capital investment. If you haven’t heard of ICOs, it’s the new fundraising phenomenon …

Bitcoin

Oil ends lower, pulling back from 7-week high - MarketWatch

Oil futures ended lower on Tuesday, a day after the U.S. benchmark settled at a seven-week high, as traders weighed prospects for the extension of …

Oil

Don't expect much next week on tax reform

<b>DON’T EXPECT MUCH NEXT WEEK ON TAX REFORM</b> — MM hears that while nothing is finalized yet, the Big Six tax negotiators are leaning against releasing much in the way of new detail on a tax plan when they put out fresh paper next week. We are told the document might show a little more leg but that it …

Economy

Oil slips, but is still near recent highs

Global crude oil prices have slipped slightly but have stayed close to multi-month highs as traders brace for a potential stockpile build, expected …

Oil

The Daily Prophet: Stock Traders, Take the Rest of the Year Off

The Standard & Poor's 500 Index reached a milestone Friday when a late burst propelled it just over the 2,500 mark for the first time. Although it …

Economy

After an ‘incredible run,’ copper prices could be petering out

Copper futures have risen nearly 18% this year, a run that Phil Streible, senior market strategist at RJO Futures, deemed "incredible."<p>But after touching its highest level of the year last week, the metal is surely set to cool off, he said Friday in an interview.<p>"If you're currently long copper, …

Money

The Largest Gold ETF Highlights Bullion Traders' Confusion

Gold traders are getting pulled in two different directions.<p>On the one hand, investors are awaiting clues this week on the timetable for reducing the …

Business

U.S. has 'major' concerns over EU clearing house rule review: CFTC chair

WASHINGTON (Reuters) - The United States is worried that European regulators may seek direct oversight of U.S.-based clearing houses as part of …

Stock Markets

30 Years After 'Black Monday,' Has Wall Street Learned Its Lesson?

On Oct. 19, 1987, the stock market fell 22.6 percent, the largest single-day loss in Wall Street history.

Finance

Oil steady on rising refinery demand

Singapore — Oil markets were firm on Monday and remained near multi-month highs reached late last week as the number of US rigs drilling for new …

Oil

Gary Cohn Is Giving Goldman Sachs Everything It Ever Wanted From the Trump Administration

Steve Bannon was in the room the day Donald Trump first fell for Gary Cohn. So were Reince Priebus, Jared Kushner, and Trump’s pick for secretary of …

Gary Cohn

US oil futures market overtakes London

The US oil futures market has reclaimed its status as the world’s largest, reflecting how shale energy producers have staggered back to life after an …

Oil