CME and CBOE Group has recently revealed the specifications of their Bitcoin future contracts which has further fuelled the prices of the cryptocurrency.
The Bitcoin euphoria sweeps the cryptocurrency market as price touches an all-time high of $8100 with investors showing more confidence in it. $12,000 Bitcoin price is projected for early 2018.
Chairman of CME Group, Leo Melamed believes that Bitcoin is all poised to become a new asset class of the future similar to stocks and gold.
Feeling optimistic about the token’s future, and showing readiness to venture into the cryptomarket, Japanese and South Korean investors trigger Bitcoin break yet another all-time high.
After CME Group decided to launch trading for Bitcoin futures contracts, the Mercado de Termino de Rosario, Argentina’s biggest futures market, considers offering services for investors in digital currencies.
Total cryptocurrency market capitalization has reached $200 billion as Bitcoin price gains over 5.68% hitting new all-time high of more than $7400.
The price of bitcoin has reached yet another all-time high this week, rising past $7,000 for the first time.
Given token’s price unprecedented growth and even wider adoption, it seems that there is absolutely no stopping Bitcoin for now!
Bitcoin price hits new record value above $6400 after CME Group announced to launch Bitcoin Futures contracts by year-end.
The major marketplace announced today that it plans to introduce bitcoin futures by the end of the year, pending all relevant regulatory review periods.