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Author Topic: Largest US options exchange getting in on bitcoin...how much will price rise??  (Read 130 times)
thecodebear
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August 07, 2017, 04:54:56 PM
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http://www.cryptomines.xyz/news/altcoins/largest-options-exchange-in-u-s-to-launch-bitcoin-future-contracts/

Summary of article:
The largest options exchange in the US is working with the Winklevoss twins' crypto exchange, Gemini, to join the bitcoin space. Article says this integration should happen in the upcoming months. Says this deal should make the SEC more friendly to bitcoin and greatly increase the likelihood of SEC accepting a bitcoin ETF perhaps sometime next year.



I don't know anything about options markets or the CBOE, but the article says it will allow millions of accredited investors to get into bitcoin. Any thoughts on how much this will push up the price? If it happens this Fall or Winter, could this alone lead to another $1000-2000 bull run or more? Could this send bitcoin over $6k this year?

What do you guys think?
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