While some investors are actively avoiding bitcoin, others are eagerly awaiting the trading of bitcoin futures.

Action at the CME actually looks like it will start on Globex on the evening of Sunday Dec. 10, but it will be for Dec. 11 trade date. This news could help drive prices toward our goal of $9,000.:

Of course, A well-known electronic brokerage firm is issuing dire warnings against the CME Group’s plan to launch a bitcoin futures contract next month. That said, futures are a go.

Each contract will be for five bitcoin, with minimum ticks of $5 per bitcoin, or $25 per contract.

Special price fluctuation limits will be 7%/13%/20% above/below the previous day’s settlement.

Click here to see the contract specs


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