News & Press: Industry Related

Cryptocurrency - Bitcoin Futures Set Scene for More Gambling

Thursday, December 14, 2017  
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Cryptocurrency - Bitcoin Futures Set Scene for More Gambling

Bitcoin action is now available without the Bitcoin. The Chicago Board Options Exchange started offering futures on the cryptocurrency late on Sunday. The new contracts open fresh avenues for trading, but for now they have little utility beyond speculation.

The one-month future surged more than 20 percent from the open to $18,700 before trading below $18,000 Monday morning. With the price of Bitcoin rising two-thirds this month alone, that seems fairly sedate.  Click HERE to read more..


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