Bitcoin takes a big stride away from fringes of financ

[Nadilapars]

 

CME Group’s announcement on Tuesday (October 31) that it intends to offer futures on Bitcoin this month sent the cryptocurrency surging past $6,400 for the first time; the group’s move has been viewed as bringing Bitcoin a step closer to acceptance within mainstream finance by placing it alongside the CME’s stable of futures on interest rates, stock indices, commodities and currencies. 

Bitcoin’s price has soared from $966 at the start of the year, breaking through the $5,000 mark for the first time on October 11 before settling at $6,362.65 in afternoon trading on October 31, up by 4% for the day. 

Futures are derivatives contracts that investors and companies typically use to speculate on prices or hedge risk against turns in the market. Other major markets like stocks, bonds, commodities and currencies all have derivatives based on them. CME’s futures option would allow investors to hedge bets that the price of bitcoin will rise, something that is difficult at present

 

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May Be Useful 

[Latham Lapard]

Forex market sometimes doesn't go with the economic condition since here the broker tries to do scam and others which is why it's very tough to make money by seeing the current economic conditions even political news is very important here so overall things are very complicated. 

[gds221]

Now Bitcoin is increasingly spreading into the life of a person, and this is quite expected. I myself now work with the broker Amarkets, and I earn quite well on Bitcoin.

[Vaabum]

It should be understood that bitcoin is really the currency of the future, in a sense.

[Lechosław Król]

Don’t be covetous if you want to stay in Forex for long.  Watch video tutorials and apply those techniques on demo account to weld your experience. Start trading on real account with low capital so you can survive in for long.

[Vaabum]

It seems to me that bitcoin outplayed everyone again :)