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Bitcoin [BTC] futures volume up by 93%, reports CME Group Inc.
Recent news from CME Group Inc., an American financial market company based in Chicago, indicates that Bitcoin futures average daily volume has risen up by 93% over the past quarter and a 58% increase in open interest, crossing a threshold of 2,400 contracts. The CME group explains that futures offer quick and cost-effective methods to trade in financial and commodity markets. Futures are a standardized contract that enables an investor to buy or sell a particular asset at a specific price at a future date in a predetermined quality and quantity. The Commodities Future Trading Commission [CFTC] regulates Bitcoin ... (full story)