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CME Group Ends In-Person Trade, Successfully Launches Micro Bitcoin Futures - Vimarsana News

CME Group Ends In-Person Trade, Successfully Launches Micro Bitcoin Futures

CME Group Inc (NASDAQ:CME) announced an end to most open outcry trading pits while honing in on emerging markets with new products like Micro Bitcoin futures. What Happened: Founded in 1848, CME Group is an exchange that builds markets around derivatives like futures, or agreements to buy and sell assets at a particular price and time in the future. The company has a long-standing history, offering global benchmark products based on interest rates, equity indices, foreign exchange, and commodities. In addition to building products, CME also facilitates and clears trades through its clearingho...

Why Micro Bitcoin Futures Are A Game Changer - Vimarsana News

Why Micro Bitcoin Futures Are A Game Changer

Bitcoin has risen over 100% in 2021 and has surged more than 600% in the past 12 months. It recently breached the $1 trillion market capitalization for the first time. Acceptance and adoption have driven bitcoin to current levels. Companies such as Tesla have indicated that they will accept bitcoin payments from customers, and fintech giants PayPal and Square offer users the ability to buy and sell cryptocurrency, and potentially even transact them at stores. The sheer market cap of the cryptocurrency space, which now stands at over $2 trillion, is simply too large for institutional investors...

Bitcoin (BTC) Price Prediction: BTC/USD Faces Rejection Twice at the $58,000 High as Selling Pressure Persists - Vimarsana News

Bitcoin (BTC) Price Prediction: BTC/USD Faces Rejection Twice at the $58,000 High as Selling Pressure Persists

Bitcoin (BTC) Price Prediction: BTC/USD Faces Rejection Twice at the $58,000 High as Selling Pressure Persists Bitcoin (BTC) Price Prediction – May 5, 2021 Bitcoin’s recent upward moves to the $60,000 price level have been repelled twice. BTC/USD price now struggles below the $58,000 resistance level. Today, BTC price has fallen to the low of $53,000 as bulls buy the dips. The king coin is still facing rejection after correction on the upside. Resistance Levels: $65,000, $70,000, $75,000 Support Levels: $50,000, $45,000, $40,000 BTC/USD – Daily Chart Following the last bearish impulse o...

CME's Micro Bitcoin Futures Go Live for Trading - Vimarsana News

CME's Micro Bitcoin Futures Go Live for Trading

You have successfully joined our subscriber list. The CME micro Bitcoin futures allows retail players and individual crypto investors to deal with small-sized contracts thereby ushering more market liquidity while giving the smaller players equal exposure to a regulated environment. On Monday, May 3, the Chicago Mercantile Exchange (CME) announced the launch of the Micro Bitcoin Futures in a move aimed at expanding its crypto derivative products. Over the last year, Bitcoin has gained significant price appreciation and momentum. Thus, the demand for Bitcoin derivative products has also surged...

CME Group Launches Micro Bitcoin Futures to Attract Retail Traders - Vimarsana News

CME Group Launches Micro Bitcoin Futures to Attract Retail Traders

CME Group, one of the world’s leading derivatives exchanges, has announced the launch of Micro Bitcoin, the latest in a suite of offerings within the crypto derivatives asset class.

Source: yahoo.com