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Bitcoin Goes Live On The Futures Market; What Does This Mean?

Bitcoin Goes Live On The Futures Market; What Does This Mean?

Eight years ago a new worldwide digital currency or cryptocurrency was introduced to the world. Since its inception, what we now call Bitcoin, has polarized the world as it has risen exponentially in value. Think of Bitcoin like the Nike of cryptocurrency, it is the most well known and valuable of the cryptocurrencies. One does not need to look back very far to see how quickly Bitcoin has risen in value. At the top of 2017 Bitcoin was about $1000, By October it was $5,000 and just last week it rose above $20,000 before settling at about $17,000 on Thursday December 7th. But just what exactly is Bitcoin and why so much hype?