Listing of bitcoin on Chicago exchange

1. Possible factors for the rise of bitcoin. 1. Bitcoin futures rose on the first day of listing on the US stock exchange. Wall Street investors bought bitcoin for the first time, and the price of digital currency futures jumped about 20%. Bitcoin has risen this year. According to the Los Angeles Times, the US market has bought second-hand housing mortgage loans to buy bitcoin. 2. At present, the trading volume of bitcoin is relatively low, and most investors are optimistic about oil, gold, wheat and other commodities, or the stock market. The future direction of bitcoin is unknown, futures prices show that prices are rising, but investors are cautious about the market falling into bubbles and speculation. 3. JPMorgan said bitcoin was a fraud. The Chicago Mercantile Exchange will start trading bitcoin futures on December 18, with gold slightly lower and its value supporting the gold price. Bitcoin has no value, only the price rises.

2. Bitcoin ETN refers to the trading notes of bitcoin exchange, which allows users to participate in the whole investment process by tracking the price trend of the whole market. There is no need to consider the security of bitcoin, but it needs to rise and fall in the price for a period of time to honor the original capital commitment

at that time, I didn't know much about this information. Later, my friend went to the training course of Yingfu College of Finance and economics and listened to their lectures. They said that bitcoin ETF is more like a kind of ordinary investment, which is set up with a fixed price index, and is also set up in the trust mode. It is divided into three main bodies: sponsor, trustee and custodian. After signing the contract, they will perform their respective ties

now that the first batch of bitcoin ETFs are approved for issuance, it will greatly change the public's overall view on the regulatory risk of encryption assets, thus having a positive impact on bitcoin.

3. Bitcoin is not a sovereign currency and will not become a sovereign currency for a period of time. However, e to its special performance recently, it has aroused the vigilance of many governments. As this field has a great impact on people's values and social stability, governments have begun to strengthen their supervision. Our government has banned bitcoin trading platform<

senior officials of the U.S. government have also qualitatively and expressed their concerns about the bitcoin on many occasions. The futures launch of the two exchanges in Chicago may not be in line with the government's position, but in fact, it is also to strengthen the supervision and restriction of bitcoin trading, such as real name trading, limiting its rise and other measures. At the same time, futures trading has a platform for short trading. These measures are all restricting the barbaric development of bitcoin.

4.

On December 7, the price of bitcoin continued to soar on Wednesday, breaking through $14000 on an exchange at a shocking rate, less than 24 hours from breaking through $12000

As a matter of fact, the price of bitcoin has accelerated since it reached a record high on Tuesday night. According to instry data, today's market value of bitcoin is less than $230 billion. According to this data, the market value of bitcoin can be ranked among the top 20 companies in the standard & Poor's 500 index

last week, the price of bitcoin fell by about 20%, but on Tuesday, it rose to more than $12000. The latest record is less than 24 hours away from $12000

at the beginning of this year, the price of bitcoin was less than $1000, but as investors became more and more interested in the cryptocurrency, its price also soared. It is said that CBOE global market in Chicago plans to launch bitcoin futures on Sunday. Meanwhile, the Chicago Mercantile Exchange (CME), the world's largest futures exchange, will launch bitcoin related futures procts in the next few weeks. The increase of bitcoin futures trading in these two exchanges marks an important step on the road to legal assets for digital cryptocurrency

5. 2017 is one of the best years in the history of bitcoin. Since the beginning of the year, bitcoin has generated nearly 700% returns. The Chicago Mercantile Exchange will launch bitcoin futures in the second week of December, which will make bitcoin more popular with heavyweight institutional investors. Analysts firmly believe that bitcoin will record the highest trading volume in history in December 2017. Of course, analysts expect bitcoin prices to rise another 500% or 700% on the current basis. Investors who buy for less than $3000 are not worried about short-term volatility and are waiting for a $4500 stop. Specific visible: webpage link

6. Trading time: Monday to Friday 9:30 a.m. - 1:15 p.m. Chicago time
the Chicago futures exchange is the most representative agricultural procts exchange in the world. In 1848, the Chicago futures exchange was founded by 83 grain traders. In 1865, the standard futures contract replaced the forward contract, and the margin system was implemented. On October 17, 2006, the Chicago Mercantile Exchange (CME) and the Chicago Board of trade (CBOT) announced that they had reached a final agreement on the merger. The two exchanges merged to form the world's largest derivatives exchange, the Chicago Board of trade group
CBOT is the most representative agricultural procts exchange in the world. The Chicago Board of trade - CBOT is a leading futures and options exchange. Through the exchange's open outcry and electronic trading system, more than 3600 CBOT members trade 50 different futures and options procts. In 2003, trading volume reached a record 454 million contracts.

7.

According to reports, coinbase, the largest cryptocurrency exchange in the United States, is also listed, which is also a milestone event of digital currency. As soon as the exchange opened, its trading volume reached tens of billions. Affected by this, bitcoin also set a new record. The CEO of coinbase also said that the exchange is completely free. His purpose is to achieve economic freedom all over the world, so that everyone will get his share of the money, and also hope that everyone in the world can live a better life. I have to say that the starting point of this is good, but no one does not cut leeks, so we should be careful

digital currency has the following characteristics: low transaction cost, fast transaction speed and strong anonymity. Let's look at the transaction cost of digital currency first. As we all know, traditional transfer and remittance all need to pay a certain fee to a third party, but digital currency breaks this transaction rule and does not need to pay a fee to a third party. The transaction speed of digital currency is very fast. At present, the block chain technology is used in digital currency. The block chain has the characteristics of decentralization, and does not need any centralized organization to process data. Therefore, digital currency belongs to the decentralized transaction method, and its transaction speed is much faster than the traditional transaction with centralized organization before. After all, without a third-party organization, it is more efficient

8. The bus from Jinan long-distance bus terminal runs once an hour to Jining
the route is generally from Jinan west to Jining expressway, from Jingfu to Qufu, and then to Jining bus terminal (Jining is called South Station)