In what many see as the first true test for Bitcoin's price,Crime Movies | Page 2 of 2 | Adult Movies Online 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.
SEE ALSO: This was Bitcoin's big year, but where does it go from here?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.
This Tweet is currently unavailable. It might be loading or has been removed.
The current price for Bitcoin futures is $18,630 for Jan. 17 expiration date and $19,140 for Feb. 14 expiration date. Due to the swift price rise of the futures, trading was automatically halted several times so far (this is called a circuit breaker and is a mechanism to calm extreme volatility).
After CBOE, Bitcoin futures are expected to launch at CME and Nasdaq on Dec. 18 and in January, respectively.
Futures, which lets investors speculate on the future price of an asset, are often seen as a gauge of the asset's future price. The launch of Bitcoin futures on major U.S. exchanges is especially important as it lets large investors (including institutional ones) to invest without actually buying Bitcoin.
So far, the outlook on Bitcoin appears to be positive. The cryptocurrency's price reached a high of more than $18,200 on Dec. 8 before retracting to a low of $13,349 on Sunday.
Topics Bitcoin
(Editor: {typename type="name"/})
'The Mandalorian' Chapter 8: 5 big takeaways ahead of Season 2
'Rise of Skywalker' made Kylo Ren the most exhausting man in the galaxy
'You' Season 2 hides its best twists in book symbolism and easter eggs
In honor of St. Patrick's Day, here is the Irish prime minister trolling Trump
Donald Trump and Angela Merkel's photo op wins for awkwardness
25 of the most memorable late night moments of 2019
The Complacent Intellectual Class
People are angry after this airport sniffer dog was shot when it got loose
接受PR>=1、BR>=1,流量相当,内容相关类链接。