Market Optimism Declines as Bitcoin Futures Euphoria Ends

This week it seems the euphoria from the introduction of CME Group and Cboe’s bitcoin-based futures markets has fizzled. Since both companies announced launching their futures products, the price of bitcoin gained over three times its value in just 45 days. Since the derivatives markets have begun the futures products’ volumes has been lackluster, and … Read more

CME Futures Open at $20k, Crypto’s Market Cap Eclipses $600bln

Following in the footsteps of CBOE, the CME Group launched their own highly anticipated Bitcoin futures on Sunday evening.  Come Monday morning, cryptocurrency’s overal market cap reached another milestone at a $600bln valuation, making this jump from its $500bln worth in just five days. Wall Street’s Newest Toy Adding to Bitcoin’s bullish December run, the … Read more