Bitcoin Futures Market Is Changing Cryptocurrency Landscape

The futures market can be the cause of development efforts around Bitcoin, one of the crucial hedging assets like gold or dollar.

In the last few months, Bitcoin futures trading is on the rise, beating up to 50% of the total spot market on 13 well-known exchanges. The futures market helps to keep the price less volatile, and it increases liquidity via the attraction of new investors.

Wise actors always made predictions that cryptocurrencies would co-exist with the current banking and stock markets. They are not doing any substantial harm to banks and classic exchanges. Instead, cryptocurrencies add fungibility and privacy when it’s urgently needed. The tough riddle is how to make the traditional markets, and crypto markets make profits together and establish transparent accounting?

First Steps towards Adoption by Institutional Capitals

Back in 2017, the crypto futures market achieved significant traction. The cash-settled futures launched by CBOE, as well as by CME, showed the…