In what many see as the first true test for Bitcoin's price,My Sinful Valentine XXX one of the world's largest future exchanges, CBOE, has launched a Bitcoin futures product on Sunday.
The result, so far, is good for Bitcoin: The price is at $16,939 according to CoinMarketCap, up roughly 23% in the last 24 hours. The market cap of Bitcoin is currently $283 billion.
SEE ALSO: This was Bitcoin's big year, but where does it go from here?Shortly after launch, the exchange's site went down under heavy traffic. According to CBOE, more than 800 Bitcoin futures contracts were traded in the first 2 hours of trading.
This Tweet is currently unavailable. It might be loading or has been removed.
The current price for Bitcoin futures is $18,630 for Jan. 17 expiration date and $19,140 for Feb. 14 expiration date. Due to the swift price rise of the futures, trading was automatically halted several times so far (this is called a circuit breaker and is a mechanism to calm extreme volatility).
After CBOE, Bitcoin futures are expected to launch at CME and Nasdaq on Dec. 18 and in January, respectively.
Futures, which lets investors speculate on the future price of an asset, are often seen as a gauge of the asset's future price. The launch of Bitcoin futures on major U.S. exchanges is especially important as it lets large investors (including institutional ones) to invest without actually buying Bitcoin.
So far, the outlook on Bitcoin appears to be positive. The cryptocurrency's price reached a high of more than $18,200 on Dec. 8 before retracting to a low of $13,349 on Sunday.
Topics Bitcoin
Best iPad deal: Save $132 on Apple iPad (10th Gen)
23andMe data breach: A hacker leaks more user records
#ReadEverywhere, Even When You’re Down and Out
Who is Andrew Tate? And why is the controversial figure taking over TikTok?
Watch how an old Venus spacecraft tumbled before crashing to Earth
Staff Picks: Eve Babitz, Jesse Ball, Erica Baum
What Does “Slaugherhouse
The Redditors of r/wallstreetbets have made Bed Bath & Beyond into their latest meme stock
Amazon Big Spring Sale 2025: Save $170 on Dyson Hot+Cool
Google Meet's new portrait touch
Trump's new tariff plan spares some smartphones, laptops
Best video doorbell deal: Save 33% on the wireless Google Nest Doorbell at Amazon
Style in the Age of the Smartphone
'Quordle' today: See each 'Quordle' answer and hints for August 14
Best Sony headphones deal: Over $100 off Sony XM5 headphones
Unconventional, Part 5: Terry Southern Takes on the Fakes
Best online subscription plan deal: All Grammarly Premium Plans are currently 50% off
#ReadEverywhere, Even in the Trees
Diseases from mosquitos and ticks have tripled in the U.S., CDC finds
Bess Wohl’s play ‘Small Mouth Sounds’ returns to the stage.
Teenage daughter of Olympian Tyson Gay shot and killed in KentuckyChannel your inner spider with a Halloween cobweb cakeDonald Trump blasts 'hit job' on 'SNL' and Twitter happily respondsApple's Nike+ Watch variant to go on sale in India the same day as the USFacebook blacks out ads in Thailand out of respect for late kingJulian Assange's internet's down and everyone on Twitter has a theoryVirgin America sneakers feature WiGerman officials ask Tesla to stop using 'Autopilot' in its marketing (updated)'Masculine culture' in STEM fields is partly to blame for gender gap, study saysKaiser channels Kendrick Lamar to talk about depressionSamsung finally puts the Galaxy Note7 out of its miseryThis E Ink keyboard is cool, but probably not coming to new Macs soonRon Swanson is deeply offended that Donald Trump went into politicsApple's Nike+ Watch variant to go on sale in India the same day as the USHow Harry Potter conventions took over my lifeApple's Nike+ Watch variant to go on sale in India the same day as the US9 London tourist attractions that are overrated and uncoolThis diner has turned Trump and Clinton into freakshakesFacebook is greeting some international users with the weather. But in Fahrenheit.The New York Times stands to benefit big time from a Trump lawsuit Apple Maps now marks Crimea as part of Ukraine outside Russia Elon Musk says adding more range to Model S would make it worse NASA will fly your name around the moon Wikimedia is against European Parliament's Copyright Directive 'Euphoria' has a flashback problem Twitter plans to combat misinformation with wider reach of crowdsourced 'notes' Apple stops product sales in Russia, removes RT and Sputnik from App Store The top 4 sports network streaming apps, ranked FTC must end Facebook monopoly, says Communications Workers of America Dictionary.com didn't throw shade at Kylie Jenner. It actually made an important point. 'Elden Ring' review: How it is and isn't easier than other 'Souls' games 'Queer Eye's first trans participant speaks out about the episode Someone tried to smuggle a snake onto a plane by hiding it in a hard drive ‘West Side Story’ should have let Anybodys sing ‘Cool’ Desperate for peace, people are enjoying this video of a lemon literally rolling down the street People say they're booking Ukrainian Airbnbs to support besieged locals An ode to the Instagram account that shames our terrible but lovable cats Polish academic unfazed by cat crawling on him during TV interview All last week's 'Wordle' solutions ranked: February Wordle answers, meanings 'After Yang' review: Colin Farrell shines in soft sci
2.3656s , 10109.5078125 kb
Copyright © 2025 Powered by 【My Sinful Valentine XXX】,Warmth Information Network