Stock Futures Dip as Investors Await Key Payrolls Data 
Wall Street Analysts Weigh in on Latest NFP Data 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
FxWirePro- Major Crypto levels and bias summary 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
JPMorgan Lifts Gold Price Forecast to $6,300 by End-2026 on Strong Central Bank and Investor Demand 
The UK-based crypto liquidity provider and OTC platform, ‘B2C2’ has announced the launch of a gold derivatives product that synthetically trades against bitcoin. The firm enables their clients to trade gold against bitcoin.
The clients can trade an ounce of gold priced in bitcoin, and settled in bitcoin.
The CEO and the founder, Max Boonen, clarified to the news outlet, ‘The Block’ that clients can trade an ounce of gold priced in bitcoin, and settled in bitcoin
Synthetic trading mechanism enables traders to take a short or long position without actually buying or selling an underlying asset. The benefit of trading gold (or bitcoin) in a derivative form (synthetically) is that it’s simpler to trade than the cash underlier for a variety of operational reasons, and typically represents the majority of activity in the product/asset.
The firm reportedly received the regulatory approval from the FCA for the crypto derivatives in the U.K. earlier this year.
B2C2 offers crypto trading in bulk through its API service and provide liquidity for Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, and Ethereum Classic in USD, GBP, EUR, JPY, SGD, AUD, CAD, CHF and more.
