Crypto News Flash #33 : US Largest Options Exchange CBOE Will Start Bitcoin Futures Trading By December 10, 2017 !!
Revenge is a dish best serve cold !! Well, this is a saying which actually made for revenge but these days it is truly applicable for Bitcoin early investors. Way back in 2013, Bitcoin was worth only couple of dollars but now it is worth way more than that. Bitcoin have defeated all other financial instruments by giving the great returns in short period of time.
After the latest CME announcement of Bitcoin Futures Trading approval, many Institutional investors have turned their head towards the Bitcoin investment. A lot of money might be investment in Bitcoin just after the starting of Futures Trading by CME at the end of December 2017.
But now, another big market player have jumped into the Bitcoi Futures trading.
This is none other than Chicago Board Options Exchange (CBOE), US largest Options exchange.
CBOE has a trading volume of 1.27 Billion contracts and one of the leading Options exchange in US. Recently, CBOE chairperson has announced that it will start Bitcoin Futures Trading on 10th December by 5 pm CT.
Ed Tilly, the Chairperson of CBOE has said in his statement:
“Given the unprecedented interest in Bitcoin, it’s vital we provide clients the trading tools to help them express their views and hedge their exposure. We are committed to encouraging fairness and liquidity in the Bitcoin market. To promote this, we will initially offer XBT futures trading for free.”
CBOE will launch its Bitcoin futures exchange through a strategic partnership with US-based regulated Bitcoin and cryptocurrency exchange Gemini, operated by the Winklevoss twins.
CBOE will launch its Bitcoin futures via a partnership with US based Bitcoin and crypto exchange Gemini, which is being operated by Winklevoss twins -- the First Bitcoin Billionaires
After seeing all of this, it can be concluded that Bitcoin will have a bright future ahead.
Thanks for reading ...!!
Follow Us On Discord and Become a part of ADSactly.
Sure, now that there is real money to be made, Wall Street shows up. Go figure!
who said bitcoin will be dead soon? with this kind of news it will continue to grow bigger. bitcoin is now widespread.
The Winklevoss brothers are getting more influential in the crypto world.
I already see prices soaring. it'll be huge
Good news for Bitcoin, but I don't know what will this mean for the altcoins.
Wont it be profitable to convert crypto into some currency with lower market capacity????????? bitcoins are making so mucg progress right now all for what coz it has only 21 million market cap max... if u invest into something into even lower market cap then today or tomorrow u can make way more money...plus bitcoin mining is becomng so expensive now that unfortunately people will lose interest i think investing into btc wont be the best option u hv right nw
new currency it pleases them like dirt divorced