Bitcoin Futures Just Hit Wall Street, and the Price is Surging
hit the futures market on Sunday, in a move some believe could help legitimize the viability of the cryptocurrency in the eyes of financial professionals. The Chicago Board Options Exchange will allow traders to agree on bitcoin prices for delivery at a later date, meaning investors can speculate on the future price of the asset to make a profit. Soon after launch, bitcoin futures surged by 26 percent, triggering two trading halts aimed at stabilizing markets. “It is rare that you see something more volatile than bitcoin, but we found it: ...
Click
To Read Full Article