Bitcoin Futures Helped Cryptocurrency Market Achieve ‘More Sustainable Level’: CFTC Chairman

Source: Digital Money Times, originally published on .

http://digitalmoneytimes.com/bitcoin-futures-helped-cryptocurrency-market-achieve-more-sustainable-level-cftc-chairman/.

J. Christopher Giancarlo CFTC bitcoinWhen derivatives exchanges CBOE and CME launched the first regulated U.S. bitcoin futures contracts, many cryptocurrency bulls thought that this event would lead to a wave of institutional investment and propel the market toward even greater highs. Just days later, the yearlong bitcoin price rally stalled, and the flagship cryptocurrency — followed soon after by

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The post Bitcoin Futures Helped Cryptocurrency Market Achieve ‘More Sustainable Level’: CFTC Chairman appeared first on Digital Money Times.

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