ICE is betting consumers and Wall Street will embrace cryptocurrencies as it launches its long-awaited bitcoin-futures market
The owner of the New York Stock Exchange launched its long-delayed market for bitcoin futures Sunday, a high-profile bet that consumers, businesses and Wall Street will embrace cryptocurrencies.
Trading in the new bitcoin futures began just after 8 p.m. EDT, with the first trade at $10,115.00, in line with the current price of bitcoin, said a spokesman for the exchange’s parent company, Intercontinental Exchange Inc. Futures let traders bet on whether an underlying market such as oil, gold, stocks or currencies will rise or...In an original WSJ documentary, markets reporter Steven Russolillo ventures to Japan and Hong Kong to explore the universe of cryptocurrencies.
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