[2016-05-04] CME Group Announces Bitcoin Real Time Index

[jdebunt]

Finding the current Bitcoin price from a reliable source is rather difficult for most consumers and enterprises these days. There is a wide variety of solutions available to figure out the current Bitcoin price in US Dollar, which is why CME Group wants to offer this type of functionality by the end of this year.

http://themerkle.com/cme-group-announces-bitcoin-real-time-index/

[TraderTimm]

This is big news.

It is only a jump, hop and skip from the CME considering listing Futures and Options on the index itself. Being the world's largest futures exchange, if they smell volume somewhere, they're going to want a piece of it.

Mark my words...