The declining futures premium indicates uncertainty about bitcoin following a 35% correction in May and another 12% drop already this month.
Non-U.S. clients can still trade the token but need to pre-fund all short trades, the report said.
SBI Financial Services has acquired cryptocurrency trading platform B2C2, according to a report.
B2C2 wants to use its new partnership with SBI Holdings as a route to becoming a crypto prime broker.
Coinbase, BitGo and Genesis all announced plans to become prime brokers this month. Here's what the trend reveals about the state of the industry.
How might Renaissance approach bitcoin as an underlying asset, given the hedge fund’s reputation for using mind-bending math to find profits?
As cryptocurrency markets crashed hard in March, bid-ask spreads on major exchanges widened dramatically, according to a report by market maker B2C2.
The digital currency exchange had unlawfully reversed seven trades after its system erroneously allowed a trader to sell ether at an inflated price, the court decided.
B2C2, a London-based over-the-counter (OTC) market maker, is sharing its data and allowing transactions on the Los Angeles-based exchange aggregator SFOX.
The U.K.-licensed firm's new product allows clients to synthetically trade gold against bitcoin and aims to capitalize on a growth in haven assets.
London-based crypto liquidity provider B2C2 has hired Wall Street veteran Rob Catalanello to lead its expansion in the U.S.