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Bitcoin continues to rewrite historical highs, demonstrating the most impressive results of capitalisation growth among all the financial assets. This time the bull rally of the BTC/USD pair is based on the comments of CME Group Inc. (NASDAQ:CME), the world's leading trading platform for derivatives, on Monday last week, they reported that it plans to launch bitcoin futures trading before the end of 2017. Why was this decision made now? According to the version of the stock-exchange itself, "it is no longer possible to restrain the demand for this instrument, it can only be satisfied." It is worth noting that for the entire Wall Street it is hardly possible to find a more interesting asset. Judge for yourselves: Bitcoin is hyper volatile, it is traded 24/7, and it also presents tremendous opportunities for arbitrage trading, given the vague ideas about its pricing on different world sites. In the case of the launch of futures contracts, a functioning derivatives market will protect professional traders and investors from extremely risky illegal sites, the work with which is a priority associated with enormous risks. The listing of bitcoins will make the ancestor of the crypto industry accessible to the largest market participants, who previously had no opportunity to speculate in an unregulated space. The inflow of additional liquidity into the asset, of course, can give an even stronger impetus to the growth of BTC/USD quotes, however, we recommend to consider an alternative scenario. Its essence boils down to the fact that a full-fledged contract on the stock-exchange gives an opportunity not only to buy it, but also to short it. Who knows, maybe the launch of the futures can put an end to the bullish epic cue ball.
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