Bitcoin Futures Launch Sees Price Spike as CBOE Website Crashes

The Chicago Board Option Exchange (CBOE) website became unavailable, which it launched its first Bitcoin Future Contract on 6 PM. EST website downtime on Sunday, CBO, in a post on Twitter, coincided with the sudden increase in the cost of the big ticket for futures launch, which increased from $ 14,509 to 22:59 UTC up to 15,732 at 23: 06 UTC came on the Coin Desk’s Bitcoin Price Index. So far as the press time, there are more available delayed information about contracts being offered by the CBO website, and here the price of bitcoin is somewhat stable from the starting leap of 15,226.29 dollars per BPI trade Speed is maintained.

These figures coming so far suggest that buyers are actually moving forward for purchase contracts. With a social media post pointing to the procurement of contracts ending on March 14, the activity has been largely concentrated during the first contract to end on 17th January 2018. This 672 January contract has been sold as EST, in which the news service is reporting the price of $ 15,800, according to CNBC, according to CNBC

This is an appropriate start for possibly new contracts business in all annoying startups. U.S. The CBOE is the first to do business on a major regulated exchange, and it is decided by the CME Group to follow next week, which has announced that it will launch its own products on December 18. This CBOE is hoping that with the addition of other products and services centered around Futures Launch cryptocurrencies, along with possible changes in exchange traded funds and notes; the SEC gives its approval according to the firm according to the firm.

source - https://www.coindesk.com/bitcoin-futures-launch-sees-price-spike-cboe-website-crashes/