Bitcoin has today reached yet another new high and is now priced at $6,600!
This comes following an announcement by CME stating they are to enable the trading of Bitcoin futures. CME are the world’s largest futures contracts exchange.
Rumours of Bitcoin being traded on a futures exchange have been going around for some time, but this is the first time that we have heard solid information coming out of one of the exchanges.
The announcement by CME has meant that the King of Cryptocurrencies has just received major support at a time where it has undergo a lot of negative publicity. It is therefore no surprise that the news has set the price climbing.
More information on futures exchange can be found here
We are not investment or financial advisors and are here to provide news and our opinions. Please be fully informed regarding the risks and costs associated with trading the financial markets and the Cryptocurrency market, it is one of the riskiest investment forms possible.