{"id":70381,"date":"2018-07-25T05:00:21","date_gmt":"2018-07-25T12:00:21","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=70381"},"modified":"2020-04-06T01:19:13","modified_gmt":"2020-04-06T00:19:13","slug":"institutional-investors-are-swapping-bitcoin-futures-for-physical-btc","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/institutional-investors-are-swapping-bitcoin-futures-for-physical-btc\/","title":{"rendered":"Institutional Investors Are Swapping Bitcoin Futures for Physical BTC"},"content":{"rendered":"<p>Gaining momentum in its recent price rally, <a href=\"http:\/\/cryptoslate.com\/coins\/bitcoin\">Bitcoin<\/a> is increasing institutional investor interest. During the last week of July 2018, Wall Street traders completed their first-ever Bitcoin futures swap for physical BTC.<\/p>\n<h2>Exchange for Physical (EFP) Crypto Transactions<\/h2>\n<p>In a major stride for Bitcoin mainstream adoption, two institutional investors completed the first-ever exchange for physical (EFP) transaction with <a href=\"https:\/\/cryptoslate.com\/companies\/cme-group\/\">CME Group<\/a> Bitcoin futures earlier this week.<\/p>\n<p>Registered futures commission merchant E D & F Man Capital Markets and itBit cryptocurrency exchange facilitated the CME EFP Bitcoin transaction, allowing two traders to swap a CME Bitcoin futures position for an equal amount in the underlying digital asset itself.<\/p>\n<p>EFPs allow institutional investors to hedge commodity and futures positions and diversify portfolio exposure to different assets, often providing firms with capital, tax, or liquidity benefits. EFP transactions are privately negotiated and only reported to the exchange for the settlement.<\/p>\n<p>EFP transactions have existed as a common financial instrument in the commodities and futures markets, but they have never been used to process a U.S. futures swap where the underlying asset is Bitcoin.<\/p>\n<p>Brooks Dudley of E D & F Man Capital Markets Inc commented on the trade in an interview with <a href=\"https:\/\/www.ccn.com\/institutional-investors-swap-bitcoin-futures-for-physical-btc-in-wall-street-first\/\">CCN<\/a>:<\/p>\n<blockquote><p>\u201cEvery day we facilitate EFPs for our clients in physical assets such as soybeans, wheat and treasuries. EFPs on CME Bitcoin futures mark an important step forward in the maturity of the regulated derivatives market for digital currencies.\u201d<\/p><\/blockquote>\n<p>The continued rise of institutional solutions lower the barriers to entry for investment firms and hedge funds awaiting a regulated market for digital asset products.<\/p>\n<p>Until now, the U.S. Commodity Futures Trading Commision has only approved cash-settlements of Bitcoin futures \u2013 meaning that traders can only receive cash when their futures contracts expire. The introduction of a cryptocurrency-enabled EFP will likely reduce friction in digital asset to mainstream market transitions.<\/p>\n<h2>Institutional Investment Solutions on the Rise<\/h2>\n<p>Earlier this month, CME <a href=\"https:\/\/www.cmegroup.com\/media-room\/press-releases\/2018\/7\/15\/cme_group_achievesinternationalaveragedailyvolumeof42millioncont.html?source=rss&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+mediaroom%2FCMsF+%28CME+Group+Media+Room%29&utm_content=FeedBurner\">revealed<\/a> that Bitcoin futures average daily trading volume in Q2 2018 grew 93% from the previous quarter \u2013 indicating a significant rise in popularity for Bitcoin futures trading. The CME Group began offering Bitcoin futures on December\u00a017, 2018.<\/p>\n<figure id=\"attachment_70028\" aria-describedby=\"caption-attachment-70028\" style=\"width: 300px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-70028\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/07\/bitcoin-futures-growth-social-300x158.jpg\" alt=\"\" width=\"300\" height=\"158\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/07\/bitcoin-futures-growth-social-300x158.jpg 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/07\/bitcoin-futures-growth-social-768x403.jpg 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/07\/bitcoin-futures-growth-social-1024x538.jpg 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/07\/bitcoin-futures-growth-social.jpg 1200w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><figcaption id=\"caption-attachment-70028\" class=\"wp-caption-text\">Related:\u00a0<a title=\"Bitcoin Futures Daily Volume Grows 93%\" href=\"https:\/\/cryptoslate.com\/bitcoin-futures-daily-volume-grows-93\/\">Bitcoin Futures Daily Volume Grows 93%<\/a><\/figcaption><\/figure>\n<p>San Francisco-based virtual currency trading platform <a href=\"https:\/\/cryptoslate.com\/coinbase-secures-20-billion-hedge-fund-and-plans-to-offer-margin-financing-for-institutional-investors\/\">Coinbase<\/a> secured a $20 billion hedge fund through its prime broker on July 19, 2018. Coinbase plans to give institutional investors access to a greater variety of financial services, such as margin financing for cryptocurrency investments.<\/p>\n<p>On June 26, <a href=\"https:\/\/cryptoslate.com\/cboe-seeks-sec-approval-for-bitcoin-etf\/\">Cboe futures exchange<\/a> submitted a Bitcoin ETF application to the U.S. Securities and Exchange Commission (SEC).<\/p>\n<p>If approved, the Bitcoin ETF proposal could catalyze an influx of institutional capital into the cryptocurrency sector and mark the second regulated digital asset product to list on public markets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gaining momentum in its recent price rally, Bitcoin is increasing institutional investor interest. During the last week of July 2018, Wall Street traders completed their first-ever Bitcoin futures swap for physical BTC. Exchange for Physical (EFP) Crypto Transactions In a major stride for Bitcoin mainstream adoption, two institutional investors completed the first-ever exchange for physical [&hellip;]<\/p>\n","protected":false},"author":30,"featured_media":116554,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,60840],"tags":[],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Institutional Investors Are Swapping Bitcoin Futures for Physical BTC<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/institutional-investors-are-swapping-bitcoin-futures-for-physical-btc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Institutional Investors Are Swapping Bitcoin Futures for Physical BTC\" \/>\n<meta property=\"og:description\" content=\"Gaining momentum in its recent price rally, Bitcoin is increasing institutional investor interest. During the last week of July 2018, Wall Street traders completed their first-ever Bitcoin futures swap for physical BTC. Exchange for Physical (EFP) Crypto Transactions In a major stride for Bitcoin mainstream adoption, two institutional investors completed the first-ever exchange for physical [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/institutional-investors-are-swapping-bitcoin-futures-for-physical-btc\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2018-07-25T12:00:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-06T00:19:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/11\/cryptoslate-cover.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jonathan Kim\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Institutional Investors Are Swapping Bitcoin Futures for Physical BTC\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jonathan Kim\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/institutional-investors-are-swapping-bitcoin-futures-for-physical-btc\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/institutional-investors-are-swapping-bitcoin-futures-for-physical-btc\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/jonathan-kim\/#person\",\"name\":\"Jonathan Kim\",\"url\":\"https:\/\/cryptoslate.com\/author\/jonathan-kim\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/jonathan-kim\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/jonathan-kim\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/02\/author-jonathan-kim-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/02\/author-jonathan-kim-300x300.jpg\",\"caption\":\"Jonathan Kim\"},\"jobTitle\":\"Former Journalist\",\"description\":\"Jonathan Kim is a University of Washington student of Finance and cryptocurrency investor with a deep interest in the emerging industry of blockchain applica...\",\"worksFor\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"sameAs\":[\"https:\/\/x.com\/jonk879\",\"https:\/\/www.linkedin.com\/in\/jonathan-kim-7b06a6112\"]},\"headline\":\"Institutional Investors Are Swapping Bitcoin Futures for Physical BTC\",\"datePublished\":\"2018-07-25T12:00:21+00:00\",\"dateModified\":\"2020-04-06T00:19:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/institutional-investors-are-swapping-bitcoin-futures-for-physical-btc\/\"},\"wordCount\":461,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"articleSection\":[\"Adoption\",\"Derivatives\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/cryptoslate.com\/institutional-investors-are-swapping-bitcoin-futures-for-physical-btc\/#respond\"]}],\"copyrightYear\":\"2018\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptoslate.com\/institutional-investors-are-swapping-bitcoin-futures-for-physical-btc\/\",\"url\":\"https:\/\/cryptoslate.com\/institutional-investors-are-swapping-bitcoin-futures-for-physical-btc\/\",\"name\":\"Institutional Investors Are Swapping Bitcoin Futures for Physical BTC\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/#website\"},\"datePublished\":\"2018-07-25T12:00:21+00:00\",\"dateModified\":\"2020-04-06T00:19:13+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoslate.com\/institutional-investors-are-swapping-bitcoin-futures-for-physical-btc\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoslate.com\/institutional-investors-are-swapping-bitcoin-futures-for-physical-btc\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoslate.com\/institutional-investors-are-swapping-bitcoin-futures-for-physical-btc\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptoslate.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Institutional Investors Are Swapping Bitcoin Futures for Physical BTC\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoslate.com\/#website\",\"url\":\"https:\/\/cryptoslate.com\/\",\"name\":\"CryptoSlate\",\"description\":\"Cryptocurrency News and Real-time Coin Data\",\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"NewsMediaOrganization\",\"@id\":\"https:\/\/cryptoslate.com\/#organization\",\"name\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"CryptoSlate\"},\"image\":{\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/cryptoslate\",\"https:\/\/www.instagram.com\/cryptoslate\",\"https:\/\/www.linkedin.com\/company\/cryptoslate\",\"https:\/\/www.youtube.com\/c\/cryptoslate\",\"https:\/\/cryptoslate.substack.com\",\"https:\/\/t.me\/cryptoslatenews\",\"https:\/\/www.crunchbase.com\/organization\/cryptoslate\",\"https:\/\/iq.wiki\/wiki\/cryptoslate\",\"https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ\",\"https:\/\/muckrack.com\/media-outlet\/cryptoslate\",\"https:\/\/www.tiktok.com\/@cryptoslatenews\"],\"publishingPrinciples\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"ownershipFundingInfo\":\"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/\",\"correctionsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"ethicsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"foundingDate\":\"2017-08-04\",\"founder\":[{\"@type\":\"Person\",\"name\":\"Nate Whitehill\"},{\"@type\":\"Person\",\"name\":\"Matthew Blancarte\"}],\"contactPoint\":[{\"@type\":\"ContactPoint\",\"contactType\":\"customer support\",\"url\":\"https:\/\/cryptoslate.com\/contact\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"sales\",\"url\":\"https:\/\/cryptoslate.com\/advertising\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"newsroom\",\"url\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"email\":\"tips@cryptoslate.com\",\"availableLanguage\":\"en-US\"}],\"masthead\":\"https:\/\/cryptoslate.com\/about\/#masthead\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/ed00658b8537f64fe59ace6f4640c444\",\"name\":\"Jonathan Kim\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/02\/author-jonathan-kim-150x150.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/02\/author-jonathan-kim-150x150.jpg\",\"caption\":\"Jonathan Kim\"},\"description\":\"Jonathan Kim is a University of Washington student of Finance and cryptocurrency investor with a deep interest in the emerging industry of blockchain applications and cryptocurrency trading. His past experiences involve publishing original daily content for blockchain startups and trading cryptocurrencies using technical analysis principles.\",\"url\":\"https:\/\/cryptoslate.com\/author\/jonathan-kim\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Institutional Investors Are Swapping Bitcoin Futures for Physical BTC","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptoslate.com\/institutional-investors-are-swapping-bitcoin-futures-for-physical-btc\/","og_locale":"en_US","og_type":"article","og_title":"Institutional Investors Are Swapping Bitcoin Futures for Physical BTC","og_description":"Gaining momentum in its recent price rally, Bitcoin is increasing institutional investor interest. During the last week of July 2018, Wall Street traders completed their first-ever Bitcoin futures swap for physical BTC. Exchange for Physical (EFP) Crypto Transactions In a major stride for Bitcoin mainstream adoption, two institutional investors completed the first-ever exchange for physical [&hellip;]","og_url":"https:\/\/cryptoslate.com\/institutional-investors-are-swapping-bitcoin-futures-for-physical-btc\/","og_site_name":"CryptoSlate","article_published_time":"2018-07-25T12:00:21+00:00","article_modified_time":"2020-04-06T00:19:13+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/11\/cryptoslate-cover.jpg","type":"image\/jpeg"}],"author":"Jonathan Kim","twitter_card":"summary_large_image","twitter_title":"Institutional Investors Are Swapping Bitcoin Futures for Physical BTC","twitter_creator":"@cryptoslate","twitter_site":"@cryptoslate","twitter_misc":{"Written by":"Jonathan Kim","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/cryptoslate.com\/institutional-investors-are-swapping-bitcoin-futures-for-physical-btc\/#article","isPartOf":{"@id":"https:\/\/cryptoslate.com\/institutional-investors-are-swapping-bitcoin-futures-for-physical-btc\/"},"author":{"@type":"Person","@id":"https:\/\/cryptoslate.com\/author\/jonathan-kim\/#person","name":"Jonathan Kim","url":"https:\/\/cryptoslate.com\/author\/jonathan-kim\/","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/author\/jonathan-kim\/"},"image":{"@type":"ImageObject","@id":"https:\/\/cryptoslate.com\/author\/jonathan-kim\/#authorimage","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/02\/author-jonathan-kim-300x300.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/02\/author-jonathan-kim-300x300.jpg","caption":"Jonathan Kim"},"jobTitle":"Former Journalist","description":"Jonathan Kim is a University of Washington student of Finance and cryptocurrency investor with a deep interest in the emerging industry of blockchain applica...","worksFor":{"@id":"https:\/\/cryptoslate.com\/#organization"},"sameAs":["https:\/\/x.com\/jonk879","https:\/\/www.linkedin.com\/in\/jonathan-kim-7b06a6112"]},"headline":"Institutional Investors Are Swapping Bitcoin Futures for Physical BTC","datePublished":"2018-07-25T12:00:21+00:00","dateModified":"2020-04-06T00:19:13+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/institutional-investors-are-swapping-bitcoin-futures-for-physical-btc\/"},"wordCount":461,"commentCount":0,"publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"articleSection":["Adoption","Derivatives"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cryptoslate.com\/institutional-investors-are-swapping-bitcoin-futures-for-physical-btc\/#respond"]}],"copyrightYear":"2018","copyrightHolder":{"@id":"https:\/\/cryptoslate.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptoslate.com\/institutional-investors-are-swapping-bitcoin-futures-for-physical-btc\/","url":"https:\/\/cryptoslate.com\/institutional-investors-are-swapping-bitcoin-futures-for-physical-btc\/","name":"Institutional Investors Are Swapping Bitcoin Futures for Physical BTC","isPartOf":{"@id":"https:\/\/cryptoslate.com\/#website"},"datePublished":"2018-07-25T12:00:21+00:00","dateModified":"2020-04-06T00:19:13+00:00","breadcrumb":{"@id":"https:\/\/cryptoslate.com\/institutional-investors-are-swapping-bitcoin-futures-for-physical-btc\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptoslate.com\/institutional-investors-are-swapping-bitcoin-futures-for-physical-btc\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cryptoslate.com\/institutional-investors-are-swapping-bitcoin-futures-for-physical-btc\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptoslate.com\/"},{"@type":"ListItem","position":2,"name":"Institutional Investors Are Swapping Bitcoin Futures for Physical BTC"}]},{"@type":"WebSite","@id":"https:\/\/cryptoslate.com\/#website","url":"https:\/\/cryptoslate.com\/","name":"CryptoSlate","description":"Cryptocurrency News and Real-time Coin Data","publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"inLanguage":"en-US"},{"@type":"NewsMediaOrganization","@id":"https:\/\/cryptoslate.com\/#organization","name":"CryptoSlate","url":"https:\/\/cryptoslate.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","width":1000,"height":1000,"caption":"CryptoSlate"},"image":{"@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/cryptoslate","https:\/\/www.instagram.com\/cryptoslate","https:\/\/www.linkedin.com\/company\/cryptoslate","https:\/\/www.youtube.com\/c\/cryptoslate","https:\/\/cryptoslate.substack.com","https:\/\/t.me\/cryptoslatenews","https:\/\/www.crunchbase.com\/organization\/cryptoslate","https:\/\/iq.wiki\/wiki\/cryptoslate","https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ","https:\/\/muckrack.com\/media-outlet\/cryptoslate","https:\/\/www.tiktok.com\/@cryptoslatenews"],"publishingPrinciples":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","ownershipFundingInfo":"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/","correctionsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","ethicsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","foundingDate":"2017-08-04","founder":[{"@type":"Person","name":"Nate Whitehill"},{"@type":"Person","name":"Matthew Blancarte"}],"contactPoint":[{"@type":"ContactPoint","contactType":"customer support","url":"https:\/\/cryptoslate.com\/contact\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"sales","url":"https:\/\/cryptoslate.com\/advertising\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"newsroom","url":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","email":"tips@cryptoslate.com","availableLanguage":"en-US"}],"masthead":"https:\/\/cryptoslate.com\/about\/#masthead"},{"@type":"Person","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/ed00658b8537f64fe59ace6f4640c444","name":"Jonathan Kim","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/02\/author-jonathan-kim-150x150.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/02\/author-jonathan-kim-150x150.jpg","caption":"Jonathan Kim"},"description":"Jonathan Kim is a University of Washington student of Finance and cryptocurrency investor with a deep interest in the emerging industry of blockchain applications and cryptocurrency trading. His past experiences involve publishing original daily content for blockchain startups and trading cryptocurrencies using technical analysis principles.","url":"https:\/\/cryptoslate.com\/author\/jonathan-kim\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/70381"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/30"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=70381"}],"version-history":[{"count":12,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/70381\/revisions"}],"predecessor-version":[{"id":116608,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/70381\/revisions\/116608"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/116554"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=70381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=70381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=70381"},{"taxonomy":"prediction_market_topic","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/prediction_market_topic?post=70381"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=70381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}