Hello my Steemit friends,
Here I'm again with my blog related to CME futures.
First part of this blog is here.
https://steemit.com/mgsc/@devkapoor423/cme-futures-what-is-cme-futures-and-how-it-works
Read above blog and know about CME futures.
Now, I'm going to tell you about the relation between CME futures and Bitcoin.
Bitcoin was starting to grow after mid Feb-March 2017. And Investors were happy with their profit in Cryptocurrencies.
But Suddenly CME group decided to enter in Crypto market.
Investors were happy to hear this news they excepted to earn more profit in Crypto.
But it was one of the bad decision for Cryptocurrencies.
First Bitcoin Futures was launched on Dec. 18, 2017 and at the very first day of Bitcoin futures launching it was traded at $20,000+ on Exchange.
Read here details about CME Bitcoin futures and How it works: https://seekingalpha.com/article/4128569-5-things-aware-cme-bitcoin-futures
Now here I'm going to share the impotent dates of Bitcoins futures
Started Bitcoin Futures: Dec. 18, 2017.
and here are the expiration dates of CME futures expiration.
1st Expired Jan. 26, 2018
2nd Expired Feb. 23, 2018
3rd Expired May 25, 2018
4th Expired June 29, 2018.
Read Here details about Bitcoin Futures case study..
https://steemit.com/bitcoin/@moneyguruu/why-bitcoin-is-not-reaching-usd10000-why-crypto-bull-run-is-not-coming
Thanks to @moneyguruu (Sumit kapoor)
@devkapoor423 (Dev Kapoor)