While plenty of the scathing criticism aimed at the cryptocurrency world is well-deserved, sometimes a jab fails to land. In the midst of the mostly grossly worded slew of insults that the institutionally rich lobbed at the bitcoin crowd over the weekend, Bill Gates may have landed the furthest from the mark. “Bitcoin and other […]
View More Gemini’s Tyler Winklevoss informs Bill Gates that actually he can short bitcoinCategory: bitcoin futures
The owner of the New York Stock Exchange is working on a bitcoin trading platform
The New York Stock Exchange is working on its own bitcoin trading platform. According to a new report from the New York Times, the NYSE’s parent company is developing an online exchange geared toward large institutional investors — the kind of financial heavyweights that the cryptocurrency community is waiting for with bated breath. Details of […]
View More The owner of the New York Stock Exchange is working on a bitcoin trading platformBitcoin price surges to almost $17,000 as trading begins on ‘futures’ exchange
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In what many see as the first true test for Bitcoin’s price, one of the world’s largest future exchanges, CBOE, has launched a Bitcoin futures product on Sunday.
The result, so far, is good for Bitcoin: The price is at $16,939 according to CoinMarketCap, up roughly 23% in the last 24 hours. The market cap of Bitcoin is currently $283 billion.
Shortly after launch, the exchange’s site went down under heavy traffic. According to CBOE, more than 800 Bitcoin futures contracts were traded in the first 2 hours of trading.
Cboe #BitcoinFutures $XBT trades over 800 contracts in the first 2 hours post launch #bitcoin @GeminiDotCom https://t.co/kHiZo8DR9m] pic.twitter.com/oCCxRZcPnC
— Cboe (@CBOE) December 11, 2017 Read more…
More about Bitcoin, Bitcoin Futures, Cboe, Bitcoin Price, and Tech
View More Bitcoin price surges to almost $17,000 as trading begins on ‘futures’ exchangeBitcoin futures are now tradable on the CBOE
Bitcoin futures trading on CBOE, the world’s largest futures exchange, just launched at 5pm CT. Within a minute of the launch bitcoin spiked about 10% from ~$14,700 all the way up to $16,200 before settling a few minutes later to around $15,500, up about 5%. Now an hour after launching the actual price of bitcoin is still up, trading around $15,350. Currently the settlement price of… Read More