The big story that sent Bitcoin to the moon earlier this month has been updated this week with more good news. Both the Chicago Board Options Exchange (CBOE) and the Chicago Mercantile Exchange (CME) have released details on upcoming futures contracts for the cryptocurrency.
Source NewBTC
Source NewBTC
The whole Bitcoin community is closely watching for any development related to the formal establishment of futures contracts which can be a good impetus for the further rise of Bitcoin as we are about to enter the year 2018. This development is foreseen to be one of the many steps in the formal acknowledgement of the legality of Bitcoin most especially in the eyes of the Wall Street (though we in the Bitcoin community don't need to have this recognition). Some are saying that this is actually not helping Bitcoin in the long-run but then again let's see first what can happened. Anyway, we can never stop anybody from introducing this futures marketplace. Will we surely see Bitcoin rise to the $10,000 once this futures will be operating for good? In my view, it will.