Saturday, 11 November 2017

NEWS: Bitcoin growing up and gaining mainstream credibility

Bitcoin is growing up. CME Group, the world’s largest derivatives exchange, said yesterday that it will create a futures contract for trading the cryptocurrency, another sign it is becoming a mainstream financial asset like gold or oil. The news sent the bitcoin price soaring to yet another new record, surpassing $6,500 for the first time.

For crypto-enthusiasts, the CME’s announcement signals that it thinks bitcoin has real-world applications beyond pure speculation. Derivatives exchanges...

NEWS: Bitcoin growing up and gaining mainstream credibility

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