CME Group: A Brighter Future For Bitcoin Comments Off on CME Group: A Brighter Future For Bitcoin 692

The world’s largest derivatives exchange operator CME Group Inc gave Bitcoin another boost this week when it announced that it plans to launch a futures contract based on the digital currency. Futures are used by traders and investors to bet on the future price of a commodity, such as gold or oil, will be higher or lower than it is presently. Long investors who think the price will increase can…

Source: CME Group: A Brighter Future For Bitcoin

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