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Topic: CME Group Bitcoin futures hit record volume equivalent to 64,390 bitcoins (Read 188 times)

brand new
Activity: 0
Merit: 0
Announcing MyEtherWallet v3.24.00: Difficulty Bomb&Updating blockchain

Due to the complexity of the Bomb and the increased risk of hacking, we pushed a rather drastic update that implements a number of changes and improvements, including enhancement of efficiency and scalability of the blockchain, acceleration of transaction speed, and additional security in the form new formats private keys which will help protect users against hacking.
If you are using private key or UTC, then you need to go into the wallet and update manually, otherwise they risk being unprotected.

How do i update my Ethereum wallet?

1. Go to our website /]MyEtherWallet.com
2. Unlock your wallet using your Keystore File (UTC / JSON) or simply use your private key.
3. Click Unlock and wait for the update.

Please note that you need to manually update your wallet, failure to do so may result in funds being lost.

We are taking these measures to protect both you and our network from phishing and malicious attacks.

Thank you for your cooperation and understanding!
MyEtherWallet Security Team.

If you use other methods, then ignore this message.
jr. member
Activity: 322
Merit: 1
I wasn't really affected by the SEC rejection, because I know even if BTC doesn't get approved, it doesn't stop Bitcoin from progressing. Now I see it hitting another record, I'm really glad to know about it. Bitcoin has got the potential, and it's going to grow more no matter what.
newbie
Activity: 41
Merit: 0
You provided great effort in accumulating all these. This is a very good news for the crypto holders. I hope that bitcoin gets ETF approval from SEC in the next few months. We can see more and more record breaking volumes then. There is no saying as to what bitcoin might accomplish.
sr. member
Activity: 574
Merit: 296
Bitcoin isn't a bubble. It's the pin!
Maybe it's because of the suddenly increase of the bitcoin price these past days and bitcoin future is also kicking but i doubt that there will be a bull run on this one. it's because bitcoin is also increasing in price.

I think the recent increase in the Bitcoin price is only a small part for this record volume. I believe that most of this volume is from new investors wanting to try to trade something that has to do with Bitcoin. You know, like investors that are still shy from going directly into Bitcoin, so they just want to dabble in it a little bit, so they trade futures. There is a lot of hype building up with ETFs and things like that. This is definitely sparking interest in other investors that haven't traded Bitcoin yet.

I think this is a future indicator that Bitcoin is about to see another exponential price increase. Not only is the CME Futures volume picking up, but these last few weeks the daily Bitcoin transaction volume has been increasing as well. More people are gaining interest in Bitcoin as a potential future, long-term investment/store of value. This increased volume is very bullish.
newbie
Activity: 308
Merit: 0
Great news for the crypto enthusiasts! BTC's potential cannot be underestimated at any cost. It has been unleashing its potential seens it's start. Hopefully, sanctioning ETF will make us realize of more things that BTC is capable of.
hero member
Activity: 2268
Merit: 588
You own the pen
Maybe it's because of the suddenly increase of the bitcoin price these past days and bitcoin future is also kicking but i doubt that there will be a bull run on this one. it's because bitcoin is also increasing in price.
hero member
Activity: 3164
Merit: 937
I wonder what the hell CME is? It is like a group investment of Bitcoin that bought so many bitcoins and trade it all day?

CME stands for Chicago mercantile exchange.This is the place where all the companies trade the bitcoin futures contracts.Do some google search before asking such questions.Anyway,it`s normal for the futures trading volume to grow,during a price increase.
member
Activity: 294
Merit: 10
I wonder what the hell CME is? It is like a group investment of Bitcoin that bought so many bitcoins and trade it all day?
newbie
Activity: 59
Merit: 0
That's a good news. many people specially beginners may be helped by this CME Group. I actually prefer research deeply everyday by going through various source sites mostly which are free of cost but provides good info. It will add one of the source more to my list.
jr. member
Activity: 84
Merit: 6
In volent we trust
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