According to CNBC, the world's largest futures exchange, the CME, notified the market that it had completed self certification with the Commodity Futures Trading Commission to launch its bitcoin futures contract that will become active on December 18. As a result of this news, bitcoin's price surged because this could potentially be a key part of bitcoin becoming the digital currency of the future. Mainly because it legitimizes bitcoin as an asset class. Bitcoin is currently trading at about 11,495.68 us dollars during the writing of this post.
https://www.cnbc.com/2017/12/01/cme-says-its-launching-bitcoin-futures-on-dec-18.html
https://www.cnbc.com/2017/11/29/bitcoin-surges-through-11000-less-than-24-hours-after-topping-10000.html
https://www.cnbc.com/2017/12/01/cme-says-its-launching-bitcoin-futures-on-dec-18.html
https://www.cnbc.com/2017/11/29/bitcoin-surges-through-11000-less-than-24-hours-after-topping-10000.html
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