Cboe To Launch Cryptocurrency Indexes in 2021 – December 16

📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price$19,760

Bitcoin price appears to be making a run at all-time high resistance today, venturing into the high $19,000s to begin the day.

Top-20 altcoins are once again seeing a mix of movements, as Ethereum gains 2%, XRP falls almost 7%, and Stellar drops 3%.

Top Stories for December 16, 2020 🔥

👉 Cboe To Launch Cryptocurrency Indexes in 2021

Cboe, operator of the largest derivatives exchange in the US, is reportedly planning to launch cryptocurrency indexes in Q2 of 2021.

The company will first focus on 10 or less cryptocurrencies with the highest market caps, in a three-stage roll-out.

This will include a backfill of historical price data in the first quarter of 2021, followed by distribution of this data to clients. Finally, the indices will be rolled out around Q2.

👉 Japanese Financial Giant SBI Acquires Majority Stake in B2C2

SBI, a Japanese financial giant has purchased a 90% stake in B2C2, a UK-based crypto trading firm. The acquisition is intended to improve trading opportunities in the crypto space for mainstream financial firms.

B2C2 was founded in 2015 and is already one of the world’s top cryptocurrency trading companies for institutional companies.

👉 Mt Gox Draft Rehabilitation Plan Filed in Tokyo Court

A draft rehabilitation plan for the now-defunct exchange Mt Gox has been filed in a Tokyo court. The draft will be reviewed by an examiner and it will then be decided if the plan will be executed.

The filing comes two months after the previous deadline for the plan, and is being closely watched by traders due to the possible liquidation of Bitcoins recovered from the exchange’s collapse.