{"id":32056,"date":"2017-12-11T13:42:12","date_gmt":"2017-12-11T13:42:12","guid":{"rendered":"http:\/\/www.bnreport.com\/bitcoin-surges-by-25-as-futures-trading-begins\/"},"modified":"2017-12-11T13:42:12","modified_gmt":"2017-12-11T13:42:12","slug":"bitcoin-surges-by-25-as-futures-trading-begins","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/bitcoin-surges-by-25-as-futures-trading-begins\/","title":{"rendered":"Bitcoin surges by 25% as futures trading begins"},"content":{"rendered":"

Bitcoin's price jumped 25% after it started trading on a major exchange for the first time.<\/p>\n

Prices of Chicago Board Options Exchange (CBOE) Bitcoin futures contracts expiring in January climbed as high as $18,700 (\u00a314,000) on Monday from their opening level of $15,000 (\u00a311,200).<\/p>\n

By mid-morning, prices had fallen back slightly to $16,571 (\u00a312,400), according to cryptocurrency researcher Coindesk.<\/p>\n

The move has been seen by some as a step towards legitimising Bitcoin as an investment.<\/p>\n

Demand caused outages and delays on CBOE's website, but it said trading had not been disrupted.<\/p>\n

"Due to heavy traffic on our website, visitors to www.cboe.com may find that it is performing slower than usual and may at times be temporarily unavailable," the exchange said in a statement.<\/p>\n

Futures are a financial product that allow investors to bet on whether the price of something will rise or fall.<\/p>\n

The CBOE's competitor exchange, the Chicago Mercantile Exchange, will start trading its own futures on 18 December, while Nasdaq is also considering offering Bitcoin futures in early 2018.<\/p>\n

Video:Inside the \u00a317m Bitcoin London mansion<\/figcaption><\/figure>\n

The digital currency's value is now up 1,600% in the year to date, beginning the year below $1,000 (\u00a3748).<\/p>\n

In amazement, market analysts have watched the cryptocurrency's leap from record to record in recent days and continued to ponder whether it is a bubble vulnerable to bursting.<\/p>\n

"The one-month contract is trading at around an 11% premium to the underlying Bitcoin, and for me that's a clear indication that there's no connection between the two markets," said Lukas Daalder, chief investment officer at Robeco.<\/p>\n

Several online brokerages have not yet allowed trading of the new futures.<\/p>\n

"I can understand you don't see that many people who are willing to offer this contract, because you can't hedge your underlying risk if you can't short it," Mr Daalder continued.<\/p>\n

"This only adds to the Bitcoin phenomenon. It's interesting to watch, but not a market that I would like to touch."<\/p>\n

More from Bitcoin<\/h3>\n

The CBOE and CME launches were made possible following approval by the US Commodities and Futures Trading Commission at the start of the month.<\/p>\n

However, the regulator warned: "Investors should be aware of the potentially high level of volatility and risk in trading these contracts."<\/p>\n

<\/a><\/strong> <\/a><\/p>\n

Original Article<\/a><\/p>\n

[contf] [contfnew] <\/p>\n

Sky News<\/a><\/h5>\n

[contfnewc] [contfnewc] <\/p>\n

The post Bitcoin surges by 25% as futures trading begins<\/a> appeared first on News Wire Now<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin's price jumped 25% after it started trading on ..<\/p>\n","protected":false},"author":1,"featured_media":32057,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[50],"tags":[],"class_list":["post-32056","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech"],"yoast_head":"\nBitcoin surges by 25% as futures trading begins - Business News Report<\/title>\n<meta name=\"description\" content=\"Bitcoin's price jumped 25% after it started trading on ..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/bitcoin-surges-by-25-as-futures-trading-begins\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin surges by 25% as futures trading begins - Business News Report\" \/>\n<meta property=\"og:description\" content=\"Bitcoin's price jumped 25% after it started trading on ..\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bnreport.com\/en\/bitcoin-surges-by-25-as-futures-trading-begins\/\" \/>\n<meta property=\"og:site_name\" content=\"Business News Report\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-11T13:42:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bnreport.com\/wp-content\/uploads\/2017\/12\/skynews-bitcoin-house-property-sale_4133751-1-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1096\" \/>\n\t<meta property=\"og:image:height\" content=\"616\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"infopal11\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BNReport\" \/>\n<meta name=\"twitter:site\" content=\"@BNReport\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"infopal11\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bitcoin-surges-by-25-as-futures-trading-begins\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bitcoin-surges-by-25-as-futures-trading-begins\\\/\"},\"author\":{\"name\":\"infopal11\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\"},\"headline\":\"Bitcoin surges by 25% as futures trading begins\",\"datePublished\":\"2017-12-11T13:42:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bitcoin-surges-by-25-as-futures-trading-begins\\\/\"},\"wordCount\":414,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bitcoin-surges-by-25-as-futures-trading-begins\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2017\\\/12\\\/skynews-bitcoin-house-property-sale_4133751-1-1.jpg\",\"articleSection\":[\"Tech\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bitcoin-surges-by-25-as-futures-trading-begins\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bitcoin-surges-by-25-as-futures-trading-begins\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bitcoin-surges-by-25-as-futures-trading-begins\\\/\",\"name\":\"Bitcoin surges by 25% as futures trading begins - Business News Report\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bitcoin-surges-by-25-as-futures-trading-begins\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bitcoin-surges-by-25-as-futures-trading-begins\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2017\\\/12\\\/skynews-bitcoin-house-property-sale_4133751-1-1.jpg\",\"datePublished\":\"2017-12-11T13:42:12+00:00\",\"description\":\"Bitcoin's price jumped 25% after it started trading on ..\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bitcoin-surges-by-25-as-futures-trading-begins\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bitcoin-surges-by-25-as-futures-trading-begins\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bitcoin-surges-by-25-as-futures-trading-begins\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2017\\\/12\\\/skynews-bitcoin-house-property-sale_4133751-1-1.jpg\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2017\\\/12\\\/skynews-bitcoin-house-property-sale_4133751-1-1.jpg\",\"width\":1096,\"height\":616},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bitcoin-surges-by-25-as-futures-trading-begins\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629\",\"item\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin surges by 25% as futures trading begins\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"name\":\"Business News Report\",\"description\":\"Latest News on the World of Politics & Business\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\",\"name\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"width\":200,\"height\":50,\"caption\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/Business-NewsReport-328225811095934\\\/\",\"https:\\\/\\\/x.com\\\/BNReport\",\"https:\\\/\\\/www.instagram.com\\\/business.newsreport\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\",\"name\":\"infopal11\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/author\\\/infopal11\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Bitcoin surges by 25% as futures trading begins - Business News Report","description":"Bitcoin's price jumped 25% after it started trading on ..","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bnreport.com\/en\/bitcoin-surges-by-25-as-futures-trading-begins\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin surges by 25% as futures trading begins - Business News Report","og_description":"Bitcoin's price jumped 25% after it started trading on ..","og_url":"https:\/\/www.bnreport.com\/en\/bitcoin-surges-by-25-as-futures-trading-begins\/","og_site_name":"Business News Report","article_publisher":"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","article_published_time":"2017-12-11T13:42:12+00:00","og_image":[{"width":1096,"height":616,"url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2017\/12\/skynews-bitcoin-house-property-sale_4133751-1-1.jpg","type":"image\/jpeg"}],"author":"infopal11","twitter_card":"summary_large_image","twitter_creator":"@BNReport","twitter_site":"@BNReport","twitter_misc":{"Written by":"infopal11","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.bnreport.com\/en\/bitcoin-surges-by-25-as-futures-trading-begins\/#article","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/bitcoin-surges-by-25-as-futures-trading-begins\/"},"author":{"name":"infopal11","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f"},"headline":"Bitcoin surges by 25% as futures trading begins","datePublished":"2017-12-11T13:42:12+00:00","mainEntityOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/bitcoin-surges-by-25-as-futures-trading-begins\/"},"wordCount":414,"commentCount":0,"publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/bitcoin-surges-by-25-as-futures-trading-begins\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2017\/12\/skynews-bitcoin-house-property-sale_4133751-1-1.jpg","articleSection":["Tech"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.bnreport.com\/en\/bitcoin-surges-by-25-as-futures-trading-begins\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.bnreport.com\/en\/bitcoin-surges-by-25-as-futures-trading-begins\/","url":"https:\/\/www.bnreport.com\/en\/bitcoin-surges-by-25-as-futures-trading-begins\/","name":"Bitcoin surges by 25% as futures trading begins - Business News Report","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/bitcoin-surges-by-25-as-futures-trading-begins\/#primaryimage"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/bitcoin-surges-by-25-as-futures-trading-begins\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2017\/12\/skynews-bitcoin-house-property-sale_4133751-1-1.jpg","datePublished":"2017-12-11T13:42:12+00:00","description":"Bitcoin's price jumped 25% after it started trading on ..","breadcrumb":{"@id":"https:\/\/www.bnreport.com\/en\/bitcoin-surges-by-25-as-futures-trading-begins\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bnreport.com\/en\/bitcoin-surges-by-25-as-futures-trading-begins\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/bitcoin-surges-by-25-as-futures-trading-begins\/#primaryimage","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2017\/12\/skynews-bitcoin-house-property-sale_4133751-1-1.jpg","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2017\/12\/skynews-bitcoin-house-property-sale_4133751-1-1.jpg","width":1096,"height":616},{"@type":"BreadcrumbList","@id":"https:\/\/www.bnreport.com\/en\/bitcoin-surges-by-25-as-futures-trading-begins\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629","item":"https:\/\/www.bnreport.com\/en\/"},{"@type":"ListItem","position":2,"name":"Bitcoin surges by 25% as futures trading begins"}]},{"@type":"WebSite","@id":"https:\/\/www.bnreport.com\/en\/#website","url":"https:\/\/www.bnreport.com\/en\/","name":"Business News Report","description":"Latest News on the World of Politics & Business","publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bnreport.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.bnreport.com\/en\/#organization","name":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a","url":"https:\/\/www.bnreport.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","width":200,"height":50,"caption":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","https:\/\/x.com\/BNReport","https:\/\/www.instagram.com\/business.newsreport"]},{"@type":"Person","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f","name":"infopal11","url":"https:\/\/www.bnreport.com\/en\/author\/infopal11\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/32056","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/comments?post=32056"}],"version-history":[{"count":0,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/32056\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media\/32057"}],"wp:attachment":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media?parent=32056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/categories?post=32056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/tags?post=32056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}