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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Pr…

06 Aug Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Pr…

Posted at 21:44h in Ethereum News by

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The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.

The market data is provided by the HitBTC exchange.

The crypto world had cheered the prospects of Bitcoin futures trading last year. However, Bitcoin (BTC) prices topped out just as Chicago Board Options Exchange (CBOE) futures began trading. Though not directly responsible for the fall, the futures traders have had an effect on the price, as they shorted the cryptocurrency when it was closer to its lifetime highs.

Therefore, it was no surprise that the markets were not enthused after the Intercontinental Exchange (ICE) announced that it will launch physically-delivered BTC futures contracts this November.

Though these products are likely to attract institutional investors, we are yet to see any concrete evidence of the institutions actively…

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