The CME bitcoin front-month futures contract did open higher at $20,650 but declined 6 percent within the first half hour.
The contract was last at $18,805, below the $19,500 reference price set by the exchange for the January contract.
The reference price, at which price limits are set, is $19,600 for the February contract, $19,700 for March and $19,900 for June, according to CME.
On Dec. 10, Chicago-based derivatives exchange Cboe Global Markets launched bitcoin futures, which saw the price surge nearly 20 percent in its debut.
The week-old bitcoin futures contract at the Cboe was last trading at $18,890, up 4.3 percent.
Spot bitcoin eased 1.9 percent on the Bitstamp exchange to $18,650, after surging to a record high of $19,666 on Sunday.
The launch of bitcoin futures is viewed as a major step in the digital currency’s path toward legitimacy, which should encourage the entry of big institutional investors. It seems that a lot of investors want to get exposure to bitcoin without actually holding them
The wild, surge in the price of Bitcoin, Has got a lot of attention from the mainstream financial system. Any sober investor understands that he exposed to the cryptocurrency markets. read more.
Despite the promising future of cryptocurrencies in the long term. We notice that The behaviour of bitcoin price is volatile in both directions every hike in its rate followed by a sharp decline, shortly after. continue reading.
This volatility provides traders plenty of opportunities for profits both one rising or slipping markets.
There 2 are primary venues for trading on bitcoin.
The first is by using traditional exchanges where you can trade bitcoin against most fiat currencies and several hundred other cryptocurrencies. The second venue is by trading bitcoin derivatives, such as bitcoin forex and CFD trading and bitcoin binary options. more info.
Trading bitcoin derivatives are suitable for those who want to get exposure to this exciting market yet they do not want to buy or sell actual bitcoins. read here.
Some operators accept bitcoin as a deposit from bitcoin owners who are interested in trading on a variety of markets using their bitcoins.
related articles are available in the links listed below.
Few Forex Brokers enable investors to take advantage of the extreme volatility levels of Bitcoin prices and provide flexible access the booming Bitcoins market. BitCoin Forex Trading, Bitcoin fx trading BitCoin spot fx.The extreme volatility of Bitcoin price makes it very attractive to day traders.
Best Bitcoin Forex Brokers
Generally, you have two choices to invest in bitcoins. fist you can buy bitcoins online or offline or you can trade bitcoin CFD (Contract of difference) ).With CFD you can profit both from a rise or a decline in the price of bitcoin. You also may use leverage, which allows you to multiply your profits
Let’s say you buy 0.1 BTC with the leverage of 1: 5, with the rate of 14 447 € 1 unit. After a week bitcoin price rise to € 15,603, how much you earn?
.It is simple> (number of units * rate) / leverage -> (0.1 * 14 447 €) / 5 = 289 €. In trade and then enter 289 €, but the profits and losses receive as if traded with 1 445 € (0.1 * 14 447 €) that is due to the effect of leverThe lever 1: 5 means that the broker will pay five times your investment in order to trade the larger size of the coins, and so grow your protentional profits but also any losses.The profit we expect in the following way -> (number of units * rate after one week) – (number of units * the beginning rate) = (0.1 * 15,603) – (0.1 * 14,447) = 1560-1445 = 116 € .The calculation of the loss works in the same way, except that there is a negative number. To trade Bitcoin CFD I recommend 24option. They have a simple platform that is welcoming to users, they have the lowest spreads and support for users who work 24 hours a day five days in the week.
Some providers offer Bitcoin CFD Trading. CFD provides traders exposure to all types of financial assets, index, or commodity short or long leveraged positions – without having to physically own the underlying asset itself.The extreme volatility of Bitcoin price makes it very attractive to day traders.
Bitcoin was defined as a commodity by the CES.
Best Bitcoin spread betting providers
Today, state of the art trading platforms allow traders to take advantage of the unusual volatility levels of Bitcoin prices and provide flexible access to the bitcoin futures markets without installing and securing a Bitcoin wallet. Continue reading Bitcoin Spread Betting
BitCoin Margin Trading, bitcoin leveraged trading types, bitcoin spread betting, bitcoin CFD trading, bitcoin FX trading.
Bitcoin is the exciting innovation in the 21st century some even consider it the biggest thing after the internet itself. It has gained great reputation and big users base over the past years when is rose to a value of over $1300. Continue reading BitCoin Binary Options