Always an innovative force in the financial services industry, CME Group recently announced it would launch a bitcoin futures contract in early December. As a single bitcoin approaches a valuation equivalent to $10,000, producing a stratospheric return (approximately +900% in 2017), the launch of a new yet widely understood and accepted product could lend legitimacy to the alternative asset and pave the way for user-base expansion.
Bitcoin’s ‘future’ Is now
Always an innovative force in the financial services industry, CME Group recently announced it would launch a bitcoin futures contract in early December. As a single bitcoin approaches a valuation equivalent to $10,000, producing a stratospheric return…