Posts with the TAG # futures

Despite the expectations of the "collapse of the bubble," which is intensified due to the fact that Bitcoin with whistling passes all the new frontiers, every new level is given to it more easily and almost without serious corrections. On the morning of December 6, another price level of $ 12,000 was passed, at which the price did not stop and moved on, approaching $ 12,500, and the GDAX exchange went up to $ 12,540.

Last Friday, the Commodity Futures Trading Commission of the United States (CFTC) announced that it allows two exchanges from Chicago - CME and CBOE - to launch Bitcoin futures. The CBOE Chicago Option Exchange decided to outperform the CME and release futures first. The company said that the auction will be launched on December 10, what is 8 days earlier than CME, which announced the launch of cryptocurrency derivatives on December 18.

In the evening on Sunday, Bitcoin tested a new historical maximum, having fixed above $ 8,000. At the Bitfinex exchange, the exchange rate was a record $ 8,130, Bitstamp and GDAX did not get much to the $ 8,100 mark. In addition, although the difference with the previous maximum was insignificant, it sets up certain positive thoughts. It seems that the news that LedgerX, the operator of the currency exchange, launched the first long-term Bitcoin futures option, forced the crypto currency to go again after the consolidation, which lasted several days.

While CME Group is only planning to launch a test network with Bitcoin futures, Swiss bank Vontobel and financial company Leonteq Securities AG announced the release of derivatives, which allow earning both on growth and on the drop in the price of Bitcoin. Vontobel is the second largest supplier of complex integrated financial instruments in the country. The bank announced the launch of two types of mini-futures for Bitcoin.