Monday, December 11, 2017

Bitcoin futures rise as virtual currency hits major exchange - The Washington Post

What could possibly go wrong?... Also see Bitcoin Futures Start With a Bang as 26% Rally Triggers Halts (Bloomberg) and A quarter trillion dollars is at risk when bitcoin crashes — and that’s just for starters (Axios)
"The first-ever bitcoin future jumped after it began trading Sunday as the increasingly popular virtual currency made its debut on a major U.S. exchange.

The futures contract that expires in January surged more than $3,000 to $18,580 eight hours after trading launched on the Chicago Board Options Exchange. The contract opened at $15,000, according to data from the CBOE.

The CBOE futures don’t involve actual bitcoin. They’re securities that will track the price of bitcoin on Gemini, one of the larger bitcoin exchanges."
Bitcoin futures rise as virtual currency hits major exchange - The Washington Post

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