A key driving factor for the bounce of bitcoin at the end of 2018

The NASDAQ Exchange will launch bitcoin futures in the first half of 2019, waiting for approval by the CFTC (US Commodity Futures Commission). Traditional banking institutions are becoming more and more open, including emerging asset classes. After years of research on asset classes, NASDAQ has been preparing for bitcoin futures for most of 2018.

Market analysts say NASDAQ bitcoin futures legitimately encrypted the money market

While bitcoin is struggling in the area of $4000, the value of the encrypted currency is only three times a year ago. The huge volatility attracts many traders and investors.

The institutional aspects of the market have shown great interest, especially since 2018, but NASDAQ has invested in block chain games in the field in the past few years.

The rumor of NASDAQ’s intentional listing of bitcoin futures in early 2019 appeared at the end of November. The news came about a year after NASDAQ announced plans to implement the plan. A lot of things have happened since then, and the price of bitcoin has gone through the biggest drop in a year.

One of the key drivers of the bounce in late 2018 was the listing of CME Group Inc (Chicago Options Exchange) in bitcoin futures.

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