I know it's more like something for the press section title but it's too important not to get a thread:
https://www.wsj.com/articles/nasdaq-plans-to-launch-bitcoin-futures-in-first-half-2018-1511968313?mod=e2twNasdaq Inc. and broker Cantor Fitzgerald LP are looking to join the rush on Wall Street to trade bitcoin, which powered above $11,000 on Wednesday.
Nasdaq aims to launch bitcoin futures in the first half of 2018, according to people familiar with the situation.
Separately, Cantor said it is seeking to launch bitcoin derivatives on an exchange it owns, also in the first half of next year. The moves come after two major Chicago exchange operators announced similar plans for the digital currency.
One of the people said Nasdaq is trying to differentiate itself from rivals CME Group Inc. and CBOE Global Markets Inc.—the two Chicago exchange groups that have announced plans to launch bitcoin futures—by designing a futures contract that better tracks the world-wide price of bitcoin. Nasdaq has briefed market participants on its plans, this person added.
So, Nasdaq and futures and derivatives.
The news will probably make
BTC price go nuts, we are seeing close to 11k right now.
Forget the Moon, we're hitting Mars now.
But with all the hype I must say that whenever I hear the words futures and derivatives I get a very very bad feeling.